11 days on rocket

8589 Mcghees Mill Rd, Semora, NC, 27343

$14,000,000

4 Bedrooms
4 Full Baths, 1 Partial
5,954 SqFt
$2,351/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage4 spaces
Year Built2015
HeatingCentral, Forced Air
CoolingCeiling Fan(s), Central Air, Zoned, Other
BasementYes
WaterfrontLake Front
FireplaceFamily Room, Gas Log, Masonry, Propane
MLS #10062035
Lot Size134.59 Acres
StatusActive

About 8589 Mcghees Mill Rd

Welcome to Riverend at Hyco Lake! An extraordinary investment for today's luxury buyer, this exquisite assemblage includes four estate homes (three lakefront), elite class equestrian facilities, multiple barns, apartments for staff, luxury accommodations for guests, ponds, Koi and waterfall features, boat houses and more. This luxury sporting lifestyle property package is mostly fenced, fiber internet connected for security and entertainment, supported by backup generators, and is very exclusive and private with stunningly maintained and groomed landscapes, hardscapes, and water features that blend harmoniously with natural areas and the lake. This is a perfect property for celebrities wanting privacy, for weddings & events, or for a retreat center. With many additional storage and support barns and sheds, outdoor riding ring, skeet range, frisbee golf, miles of trails, this assemblage is ready for acquisition by new owners with minimal transition. The Package includes a stunning and private 4-bedroom Farmhouse (8589 McGhees Mill Rd), 3 Lake Front Homes (340 Deerfield Lane, 299 Deerfield Lane, & 1879 Riverend Lane), 1865 Riverend Lane Guest Barn w/ 2 bed apartment, additional lake front lots and boathouse's. Soils work forthcoming on separate 12 acres for additional home sites. Inquire regarding additional audio visual presentation materials and photos.

Property Details

Property Features

Property Information:

  • Architectural Style: Farm House
  • Year Built: 2015
  • Living Area: 5,954 SqFt

Listing Office:

  • Office Name: Fonville Morisey/Brier Creek S
  • Office Phone: (919) 781-4452
  • Listing Agent: Frank Gombatz, Gardner Reynolds

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Luxury Vinyl, Tile, Wood
  • Fireplace: Family Room, Gas Log, Masonry, Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 134.59 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Zoned, Other

Other

Directions Information:

  • Directions: From Semora, Take Highway 119 North. Take a Right onto William Barker Road which turns into Cunningham Road. Take a Right onto McGhees Mill road. Properties are on the Right. Entrance is on Riverend Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,000,000
  • Price Per SqFt: $2,351/SqFt

HOA Fees:

  • Amount: $5400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,672
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Semora, NC.

Med. Sold Price

$765K

Med. Price/SqFt

$334

Avg. Days On Market

1

# of Sold Homes

1

8589 Mcghees Mill Rd vs Semora

11 DAYS ON ROCKET

+10 Days

$14,000,000

+$13.2M More

$2,351/SqFt

+$2K More

KEY TAKEAWAY

This property is $13.2M more than the Median Sold Price and $2K/SqFt more than other homes in Semora, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10062035

Listing Office:

  • Office Name: Fonville Morisey/Brier Creek S
  • Office Phone: (919) 781-4452
  • Listing Agent: Frank Gombatz, Gardner Reynolds

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $1,307,355
2020$7,672$1,025,126
2019$7,288$1,025,126
2018$7,186$1,025,126
2017$4,849$1,025,126

History based on county public records data.

Payment Calculator

$70.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$42K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-627125
5
/10
  • Woodland Elementary School

  • 7391 Semora Rd

  • 4.03 miles

  • Public District Grades KG-5

school-card-donut-627126
6
/10
  • Stories Creek Elementary School

  • 133 Stories Creek School Rd

  • 7.11 miles

  • Public District Grades KG-5

school-card-donut-627127
8
/10
  • Bethel Hill Charter

  • 401 Bethel Hill School Rd

  • 7.49 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,242. Most Semora, NC residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8589 Mcghees Mill Rd

What is the listing price of this property?

The listing price of 8589 Mcghees Mill Rd property is $14,000,000.

What type of property is this?

The property 8589 Mcghees Mill Rd is a house located in Semora, North Carolina, 27343.

Is this property for sale now?

Active Listing: 8589 Mcghees Mill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,672 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8589 Mcghees Mill Rd has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 8589 Mcghees Mill Rd is 5,954 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8589 Mcghees Mill Rd is 2015.
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Rocket Homes›North Carolina›Person County›Semora›27343›8589 Mcghees Mill Rd

This home is located at 8589 Mcghees Mill Rd in Semora, NC and zip code 27343. This 5,954 square foot home, which was built in 2015, sits on a 134.59 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $14,000,000.

In October 2024, from all listings sold in Semora, NC there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. In October 2024 in Semora, NC there were 33.3% less homes for sale than in September 2024. In October 2024 median list price was $765,000 and the average listing age was 1 days.

From Rocket Homes Real Estate and based on county public records data.

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