1603 Easterling Dr
Spring Lake, NC 28390
- Studio
Studio
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1937
About this House
This six-unit asset presents a compelling opportunity within a rapidly evolving and positively trending growth corridor. The property consists of multiple detached dwelling structures, each offering functional layouts and contributing to a diversified income stream. The improvements reflect a blend of character and utility, creating immediate livability while supporting long-term value creation.
Positioned in an area experiencing consistent expansion and reinvestment, the surrounding market is marked by increasing demand, ongoing development activity, and a clear trajectory toward higher-density and higher-value uses. The location benefits from strong accessibility to key corridors, employment hubs, and regional drivers, further reinforcing its desirability for both tenants and future end users.
The asset is well-suited for investors seeking a balance of in-place cash flow and strategic upside. Its current configuration provides stable income potential, while the broader market dynamics create a favorable environment for future repositioning, expansion, or redevelopment. As growth continues to push outward and infill opportunities become more limited, properties of this nature are increasingly positioned to benefit from appreciation and enhanced utilization.
In summary, this is a forward looking investment anchored by existing income, supported by a strengthening market, and enhanced by meaningful long-term potential in a corridor that continues to gain momentum.
Positioned in an area experiencing consistent expansion and reinvestment, the surrounding market is marked by increasing demand, ongoing development activity, and a clear trajectory toward higher-density and higher-value uses. The location benefits from strong accessibility to key corridors, employment hubs, and regional drivers, further reinforcing its desirability for both tenants and future end users.
The asset is well-suited for investors seeking a balance of in-place cash flow and strategic upside. Its current configuration provides stable income potential, while the broader market dynamics create a favorable environment for future repositioning, expansion, or redevelopment. As growth continues to push outward and infill opportunities become more limited, properties of this nature are increasingly positioned to benefit from appreciation and enhanced utilization.
In summary, this is a forward looking investment anchored by existing income, supported by a strengthening market, and enhanced by meaningful long-term potential in a corridor that continues to gain momentum.
1603 Easterling Dr, Spring Lake, NC 28390 is a studio multi-family built in 1937. It last sold for $326,841 on Jul 24, 2026 (24% below the $430,000 asking price). It is currently off market. The Trulia Estimate is $413,900, with a rent estimate of $1,263/month.
Home Details for 1603 Easterling Dr
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Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 17 |
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Year Built Year Built: 1937 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 9592932992.000 |
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Price List Price: $430,000 |
Status Change & Dates Off Market Date: Fri May 08 2026 |
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MLS Status: Closed |
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Direction & Address City: Spring LakeCommunity: Spring Lake |
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Association for this Listing: Longleaf Pine Realtors |
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Special Conditions: Standard |
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Owner Pays: Grounds Care |
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Mls Number: 761265Living Area Range Units: Square Feet |
Last check for updates: about 3 hours ago
Listed by EMELIA NOA
NOA EXECUTIVE REALTY
Bought with: EMELIA NOA, NOA EXECUTIVE REALTY
Originating MLS: Longleaf Pine Realtors
Source: LPRMLS, MLS#761265

Price History for 1603 Easterling Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 07/24/2026 | $326,841 | Sold | LPRMLS #761265 |
| 05/08/2026 | $430,000 | Pending | LPRMLS #761265 |
| 04/26/2026 | $430,000 | Listed For Sale | LPRMLS #761265 |
| 07/27/1999 | $186,000 | Sold | N/A |
Market trends in Spring Lake
Last updated June 2026
Avg. sale price
$265K
$13.67KMoM
Sale-to-List Price
99.8%
0.3%MoM
Price per sq ft
$152
$5MoM
Available listings
146
14MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,305 |
| Assessment | $161,032 |
Home facts updated by county records
Comparable Sales for 1603 Easterling Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $318,345 | 07/24/26 | - | - | ||
0.12 | Multi-Family Home | $302,000 | 07/07/26 | - | - | ||
2.51 | Multi-Family Home | $1,650,000 | 12/11/25 | - | 13,697 | ||
5.77 | Multi-Family Home | $100,000 | 07/09/26 | 3 | 3 | 1,354 | |
5.41 | Multi-Family Home | $225,000 | 10/17/25 | - | 2,344 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1603 Easterling Dr.
What Locals Say about Spring Lake
At least 173 Trulia users voted on each feature.
91 % Say car is needed
86 % Say parking is easy
81 % Say it's dog friendly
77 % Say yards are well-kept
74 % Say there's holiday spirit
66 % Say kids play outside
62 % Say it's quiet
48 % Say people would walk alone at night
45 % Say neighbors are friendly
38 % Say there's wildlife
37 % Say streets are well-lit
37 % Say they plan to stay for at least 5 years
32 % Say it's walkable to restaurants
30 % Say there are sidewalks
28 % Say it's walkable to grocery stores
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 1603 Easterling Dr
Off Market Homes Near 1603 Easterling Dr
Frequently asked questions about 1603 Easterling Dr
- What is 1603 Easterling Dr estimated to be worth?Trulia's estimated value for 1603 Easterling Dr in Spring Lake, NC is $413,900.
- What is the price history for 1603 Easterling Dr?1603 Easterling Dr in Spring Lake, NC last sold for $326,841 in July 2026.
- Is Spring Lake a buyer's or seller's market?Spring Lake is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Spring Lake?The median sale price in Spring Lake is $265K. That is up $13.67K from the prior month.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

