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Active
$414,900 Est. $2,859/mo — Get pre-qualified
3beds 2baths 1,979sq ft 2.02acres

1556 Farrow Fork Road · Engelhard, NC 27824

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Welcome to the Gator Hole, a rare waterfront retreat where endless possibilities meet the natural beauty of coastal Hyde County. Set on more than two acres, this one-of-a-kind property offers a unique combination of privacy, income potential, recreation, and multi-generational living opportunities.

Whether you're searching for a private family compound, an income-producing investment, a hunting and fishing lodge, vacation retreat, or a combination of all four, The Gator Hole delivers exceptional flexibility with three separate residences and an impressive collection of outbuildings and amenities.

The primary residence features 3 bedrooms and 2 baths, highlighted by a spacious owner's suite complete with a private office, ensuite bath, and dual walk-in closets. A welcoming foyer opens into expansive living and dining areas designed for gathering, entertaining, and making memories. Step outside to the rear deck and enjoy peaceful waterfront views, abundant wildlife, and the soothing sounds of nature that make every morning feel like a getaway.

A second 3-bedroom, 2-bath home provides immediate income-producing potential and is currently utilized as a rental property. Guests and tenants alike will appreciate the inviting screened front porch--an ideal place to relax and enjoy the coastal breeze in any season.

Adding even more versatility, a charming 1-bedroom, 1-bath manufactured home is tucked away at the rear of the property. Perfect as a guest cottage, short-term rental, caretaker's residence, private office, or personal retreat, this additional living space creates countless opportunities for owners and investors alike.

Beyond the residences, The Gator Hole truly shines with amenities that are increasingly difficult to find. Launch directly from your own private boat ramp and enjoy quick access to the Pamlico Sound, renowned for world-class fishing, boating, waterfowl hunting, and outdoor recreation. Multiple outbuildings--including a large storage building, garage, and historic crab house--offer abundant space for equipment, hobbies, workshops, boat storage, or future creative uses. RV hookups further enhance the property's flexibility for guests, travelers, or additional income opportunities.

From family gatherings and waterfront adventures to rental income and future development possibilities, The Gator Hole offers a lifestyle and investment opportunity unlike anything else on the market. This is more than a property--it's a coastal legacy waiting for its next chapter.

Features & Amenities

Living Area1,979 Sq.Ft.
Bedrooms3
Baths2
HeatingPropane, Gas Pack, Heat Pump
CoolingCentral Air
FlooringLVT/LVP, Laminate
FireplaceNo
AppliancesBuilt-In Microwave, Refrigerator, Dishwasher
Interior FeaturesWalk-in Closet(s), Whole-Home Generator, Blinds/Shades
LaundryDryer Hookup, Washer Hookup, Laundry Room
StyleSingle Family Residence
Year Built2004
ConstructionWood Siding, Wood Frame
RoofArchitectural Shingle
FoundationBlock, Raised, Crawl Space
ParkingGravel, Concrete, On Site
StatusActive
Lot Size2.02 Acres
Lot FeaturesBoat Ramp, Bulkhead
SubdivisionNot In Subdivision
CountyHYDE
Last UpdatedOct 7, 2026
UtilitiesWater Connected
Water SourceCounty Water
HOANo
ElementaryMattamuskeet Elementary School
MiddleMattamuskeet Middle School
HighMattamuskeet High School
Presented By: Lime Rock Realty; 336.608.8871; limerockrealty@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 7, 2026 Price Reduced $419,900 → $414,900 ▾ $5,000 (1.2%)
Jun 13, 2026 Price Change $425,000 —

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Last Updated: Oct 7, 2026