Closed at $1,875,000

500 Tremont Street

Southern Pines, NC 28387

Listed at $1,950,000

2 Beds
2 Baths
Farm
Hunt Box
Lot 15 acres
yes
yes
Year Built: 1999
MLS: FlexMLS 100405744 / CanopyMLS 4070861
Parcel: 8591-01-45-3364
Property Tax: $2,773/year
500 Tremont Street, Southern Pines, NC 28387

FAIR OAK FARM 15-ACRE HUNT BOX IN SOUTHERN PINES HORSE COUNTRY

WELCOME TO FAIR OAK FARM - LOCATED IN THE HEART OF SOUTHERN PINES HORSE COUNTRY.

CanopyMLS4070861   l   FlexMLS100405744

Fair Oak Farm is a charming gated equestrian Hunt Box on 15 beautiful acres with extensive manicured landscaping, paddocks and equestrian amenities.

Turning from Youngs Road onto Tremont Street, one travels to another time when horses have the right-of-way and one can explore the countryside on horseback for hours through the extensive trail system.  

The newly renovated 2br/2ba apartment with wood-burning stove, kitchen/living area, office and large covered deck with hot tub overlook your paddocks. The grounds are well managed utilizing extensive engineered drainage & water diversion systems.

The fabulous 18-stall barn was converted to 13 stalls (creating several oversized stalls) consists of a new roof, wash stall, tack room with laundry and kitchenette, and feed room.  All stalls have Stall Savers matting and automatic waterers.   

There are multiple paddocks with run in sheds and a equipment shed.

Ride year round in the new 80ft x140ft covered arena with lights, kickwall & irrigation. There is also a grass training/jumping field with 20mx60m dressage arena. Ride from the farm to Walthour-Moss Foundation, Hunt Field, Weymouth State Park or meander the numerous horse easements that traverse the area.

The owners performed extensive repairs and upgrades to the grounds, barn, apartment and tractor shed.

There are several ideal areas on the farm for a new construction custom home.

This is THE ideal setting for a private equestrian retreat and is an incredible opportunity as an income-producing training and boarding facilities with an on-site trainer.

The quality, functionality, topography, location and beauty of Fair Oak Farm is an ideal setting for peace, tranquility and for living your dream. So close to Southern Pines amenities, veterinary services, shopping, restaurants. Expand your adventure into nearby Pinehurst - with Raleigh/Durham Airport just about 1 hr by car.

There are multiple attachments to this MLS with personal property to convey, list of repairs and upgrades, all the features of Fair Oak Farm, trail map and more. Fair Oak Farm is a must-see!  

***Scroll to bottom of this page for the extensive Photo Gallery***

 

Below are more specific details of the property, as follows:

 

PROPERTY AMENITIES

Apartment Above Barn

  • 1162sf
  • 2br/2ba
  • Newly renovated (see Repairs & Upgrades document)
  • Wood burning fireplace/stove
  • New ceiling fans
  • Washer/dryer pair & Refrigerator to convey with property
  • New deck
  • New hot tub

 

Barn

  • 13 stalls with several as oversized and great for foaling
  • The oversized stalls can be divided to make additional stalls
  • Stall savers mat flooring in stalls
  • Refurbished wash stall with new waterproof lining
  • Automatic waterers in stalls
  • Newly renovated tack room with kitchen and washer/dryer
  • Feed room
  • Fly spray system
  • Indoor wash stall w/ hot/cold water and overheat heatlamp
  • Outdoor wash area with 2 new booms
  • Laundry facilities / ½ bath
  • Large hay loft

 

Paddocks

  • 10 paddocks/turn outs
  • 7 run in sheds
  • 10 frost-free spigots 

 

New Covered Arena 

  • 80’x140’
  • Lighting
  • Kick wall
  • Arena footing:  screenings / sand / Footing Solutions Sand Stabilizer FiberCloud
  • Irrigation system (water pumped from creek)

 

Dressage Arena / Jumping Field

  • Located in the rear of the property
  • Outdoor lighting
  • 20m x 60m dressage level arena
  • Jumping field (jumps not included)

 

Tractor Shed

  • New concrete pad

 

Entry Gate

  • Mighty Mule gate opener
  • AC power with battery backup
  • Remote control and keypad 

 

Chicken Coop

  • New coop with large run attached to the horse run-in shed at entry of property
  • New fencing that covers vertical and horizontal space (to prevent predator birds from entering from above)
  • Shade trees

 

 

REPAIRS & UPGRADES

Upon purchasing the farm, the current owners executed upon numerous necessary repairs and upgrades to bring the farm to operational standards and return it to the integrity of a well maintained equestrian property.  Listed below is a majority of the repairs and upgrades performed. 

 Apartment

  • Complete cleanup (removed carpet, removed all kitchen cabinets, existing washer/dryer, deep scrub)
  • Complete interior paint job
  • New windows and new siding (cement board) Aug 2021
  • All new ceiling fans throughout apartment
  • Master bedroom bathroom: move sink over and added a towel dryer
  • Kitchen/main room remodel - everything was pulled and cleaned
  • New bamboo floor, new sink (neoroc) some new cabinets and new lights
  • New appliances (refrigerator 2017 washer/dryer 2018)
  • New water heater (Dec 2016)
  • New wood stove + chimney (Oct 2022)
  • New HVAC (May 2017)
  • New 16x16 deck (Jan 2022)
  • New deck hot tub (Sept 2022)
  • Full well filters service – new resin (Feb 2018)
  • New light fixtures

 

Pastures

  • Pasture fence replacement - changed most of the fence (except for the front and the back line with the neighbor) with poly tape and round posts
  • New pasture gates were installed
  • Most water hydrants were changed

 

Barn

  • Complete internal and external paint (2021)
  • Removed overgrown holly trees
  • Applied spray foam insulation and removal of old fiberglass insulation below apartment and tack room (Oct 2017)
  • Added pavers in front of the barn
  • Removed old concrete slabs in wash stall and under deck. Replaced with newly poured concrete and a new drain. (March 2020)
  • Poured new concrete slab in the tractor shed (March 2020)
  • Wash stall new concrete slab and heater (March 2020)
  • Added hose booms to both inside and outside wash stalls
  • All new windows on the barn doors (Dec 2022)
  • Stall Savers® floor in the stalls on north side (Apr 2019)
  • Stalls modified to make them bigger and opened the stalls to the hallway
  • New fans in stalls (permanent)
  • Replaced automatic drinkers
  • Switched all fluorescent lights to LED strips
  • Changed top board of the wood retaining wall around the barn and the ramp used to load manure

 

Tack Room

  • Gutted the entire tack room and applied spray foam insulation (side and top)
  • New floor
  • New ceiling fans/lights
  • New outside door and window
  • New corner kitchen
  • Added washer/dryer amenity
  • New air conditioning unit (PTAC)
  • Termite Treatment (Dec 2018)
  • New flooring
  • New light fixtures
  • Upgraded lights to LED

 

New Covered Arena (Mid 2018)

  • Site Work
  • Material
  • Labor
  • Sand
  • Overhead lights
  • Kick wall
  • Irrigation
  • New retaining wall below tractor shed and before arena
  • New electric panel installed for covered arena located on tractor shed

           

Drainage Repairs & Upgrades

Extensive water run-off issues existed at the time of purchase with much of it initiating at the road and traversing the property down to the stream.  This created major erosion issues in the pastures and elsewhere on the property. 

  • Driveway from the barn to the creek (used to be dirt road): concrete “sidewalk” poured
  • Stabilization of driveway (crush/run first, then gravel again recently)
  • Left side of driveway:
    • 12” pipe with 4 catch basins
    • Two 12” lines on either side of the covered arena to the creek (catching the covered downspouts)
  • Right side of driveway:
    • Repaired erosion in pastures with new dirt
    • Added an additional 12” line (to the creek) with 3 catch
  • Berm created to send water to the catch basin and the concrete “sidewalk”
  • Six-inch lines installed from the well house to the covered arena to catch the filter backwash water as well as the barn downspout water.
  • Front barn area:
    • Berm created with catch
    • 2nd catch basin installed in front of the barn
  • Removal of previous owner’s manure disposal area
  • French drains installed in the pasture above the covered arena (almost half the length of the fence). This captured and directed water run-off from the road
  • French drain and road base material installed on the far side of the creek to allow crossing below the

 

Miscellaneous Repairs and Upgrades

  • New entry gate with gate opener - on electricity (Apr 2018)
  • 15 Elaeagnus bushes at entry
  • New chicken coop
  • Installed raised vegetable beds
  • New siding on well house (cement board)
  • Electric line installed to pump station at creek
  • Pond repair (2018)

 

INCLUSION & EXCLUSION LIST

Below is a list of non real property items included and excluded in the sale of 500 Tremont Street.  Some items are attached to the real property.  This list is provided for clarification.

 

Included:

  • Electric fence
  • Generator (portable 8kw)
  • Automatic drinkers in stalls
  • Installed barn fans
  • Wood stove in apartment
  • Hot tub on deck
  • Washer/dryer pairs (tack room and apartment)
  • Refrigerators (apartment / barn / tack room)
  • Barn fly spray system

 

Excluded but Negotiable:

  • Tractor ($15,000)
    • Kubota L3400 with LA524 bucket / 1400 hours
  • Finishing mower ($2,000)
    • 2018 CountyLine 60”
  • Bushhog ($1,500)
    • Razorback RZ160
  • Roller ($564)
    • Ohio Steel Tow Behind Steel Lawn Roller
  • Arena drag ($5,500)
    • Platz Max Roll
  • Covered arena pump – July 2020 ($700)
    • Pacer SE2ULE6CP/ES – 200 GPM (2”) Econo-Ag Electric Start Water Pump w/ Vanguard
  • Fimco 40gal sprayer ($600)

 

Excluded and Not Negotiable:

  • Fertilizer spreader
  • Golf cart
  • Zero turn mower
  • Surveillance camera system
  • Network equipment
  • Patio furniture
  • Patio heater on deck
  • Deck umbrella
  • Tools (tractor shed)

 

FAIR OAK FARM is an amazing opportunity to live your dream in the Heart of Southern Pines Horse Country.  Please contact me for more details and to schedule your private tour.

 

 

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500 Tremont Street
Southern Pines, NC 28387
2 Bed | 2 Baths

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Cindy Castano Swannack

Broker - Ivester Jackson Distinctive Properties
NC 286165 / SC 95805
Photo of Cindy Castano Swannack
Mobile: 704.904.6619
View Bio | Testimonials