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417 Masontown Road, Newport, NC 28570 PENDING 1 of 15 417 Masontown Road, Newport, NC 28570 — photo 2 417 Masontown Road, Newport, NC 28570 — photo 3 417 Masontown Road, Newport, NC 28570 — photo 4 417 Masontown Road, Newport, NC 28570 — photo 5
1 of 15
Pending
$480,000 Est. $3,307/mo — Get pre-qualified
0beds -baths 1,304sq ft 5.28acres

417 Masontown Road · Newport, NC 28570

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Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases.
Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it presents a great value-add opportunity for additional income or future resale. The tenant in the stick-built home has been in place for 26 years. All septic tanks were emptied and inspected two years ago and found in good condition.

Jamie Purvis
Listing Agent
Jamie Purvis
Meet Jamie

Features & Amenities

Living Area1,304 Sq.Ft.
FireplaceNo
StyleMobile Home Park
Year Built1956
ConstructionFrame
StatusPending
Lot Size5.28 Acres
CountyCarteret
Property TypeCommercial Sale
Property SubTypeMobile Home Park
Last UpdatedAug 19, 2026
HOANo
ElementaryUnknown Elementary School
MiddleUnknown Middle School
HighUnknown High School
Presented By: RE/MAX EXECUTIVE; Support@rmxexecutive.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
Aug 19, 2026 Price Reduced $494,900 → $480,000 ▾ $14,900 (3.0%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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