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$1,300,000

Beds
7
Baths
10.0
sq ft
8,217

175 Linden Road, Pinehurst, NC 28374

175 Linden Road

Pinehurst, NC 28374

  • 387 days on market
    • Price drop $100,000↓
This is your chance to own a magnificent piece of Pinehurst's past. Historic ''Lansmyr'', designed by William C. Holleyman and constructed by Reinecke & Dixon for Lansing B. Warner, offers a unique opportunity to own a stunning estate in Old Town. Built in 1935, this Colonial Revival home, adorned with exquisite Georgian details, stands proudly on over an acre and a half of lush, private grounds. From it's barrel vaulted hallway to it's triple bowed floor-to-ceiling windows, and Chippendale spiral staircase, this charming home is a timeless gem. Step back in time as you enter the grand foyer, with its classic architectural elements, and explore the spacious and elegant rooms that have witnessed generations of stories. The kitchen, complete with a large Butler's pantry, provides a blend of vintage charm and modern convenience, making it the heart of the home. Restored and updated in 2018, modern features like wired Wifi and a tankless hot water heater bring this beauty up to speed. Intricate craftsmanship and attention to detail are evident throughout, preserving the character and heritage of this historic residence. Create your own legacy in this iconic Pinehurst mansion once occupied by James Stillman Rockerfeller - the great-nephew of John D. Rockerfeller - and his wife Nancy Carnegie - the grand-niece of Andrew Carnegie. Just in time for the 2024 US Open! Don't miss your chance to own a true Pinehurst landmark, lovingly maintained and ready for a new chapter in its storied history. Experience the grandeur and privacy that this exceptional property has to offer as a primary residence or second home. A short 1 mile jaunt to the Village of Pinehurst and the Pinehurst Resort.

Details

Property type

Single Family Residence

Est. home value

$640,844

Lot size

1.67 acres

Price per sq ft

$159

Year built

1935

Price History

11/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100412722

Price change
$1,300,000
-7.14%
08/09/2024
NorthCarolinaRegional

NorthCarolinaRegional #100412722

Price change
$1,400,000
-12.5%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100412722

Removed
$1,600,000

Schools & Community

Elementary school: 

Pinehurst Elementary

Middle school: 

West Pine Middle

High school: 

Pinecrest High

High school district: 

Moore County Schools

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,036,953
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$159,047
Cash to seller
$1,036,953

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Renasant Bank

Loan start date

June 2020

Original loan amount

$212,700

Est. remaining balance

$159,047

Interest rate

2.8%

Loan type

New Conventional, 15 year

Seller

Tilak Raj Pokharel and Rachana Adhikari

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 9:05 PM

Listing updated: 11/02/2024 at 8:57 AM

Listed by: Bethany Jackson, Premier Real Estate of the Sandhills LLC Phone #: (910) 692-1760

MLS: NorthCarolinaRegional #100412722

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