Sprawling lot, heated workshop, and river access nearby
Sales comparison approach using recent listings and sales in the area. Adjusted for property condition and lot size.
What sets 209 E River St apart is the scale of the property: a 1925 single‑story home with 2,189 square feet of living area sited on a level 1.53‑acre lot, less than a mile from the Chowan River. The house carries the layered character of multiple additions over the decades — wide floorplates, tall ceilings in places, and the kind of footprint that welcomes a thoughtful restoration. A detached garage and a heated workshop (complete with sink and toilet) extend the functionality for hobbyists or someone planning an on‑site business.
Inside you'll find three bedrooms and two bathrooms across an adaptable plan. Systems noted in the listing include central air and a propane/gas pack heating setup; the roof is a combination of metal and shingle. Public water and sewer are connected. The property also includes a distinctive backyard turtle enclosure — a unique feature for anyone who appreciates garden/building diversity or small‑scale animal care.
The house is offered strictly "as‑is," priced at $149,995 (about $68.50 per square foot) to reflect needed updates and renovation opportunity. Assessed value for 2025 is $81,270 with annual taxes of $1,185. For perspective, a nearby sale on N Main St closed at $220,000 in mid‑2025; that sale reflects more modern construction and a higher price per square foot. That comparative gap highlights the renovation upside for a buyer willing to invest in bringing this home back to historic form or reconfiguring for contemporary living.
Location is quietly practical: Colerain Elementary sits roughly 0.4 miles away, and the Chowan River sits about 0.5 miles from the property, offering easy access for fishing, boating, and waterside recreation. The neighborhood is rural residential — a patchwork of historic homes and large lots — appealing to buyers seeking privacy, outdoor space, and a slower pace while still being within reach of county amenities.
This listing is a clear opportunity for a hands‑on buyer, contractor, or investor who values land, historic fabric, and a substantial workshop on site. For more details or to schedule a visit, contact listing agent Scott Polner at (770) 309‑3767 with EXP Realty LLC.
209 E River St, Colerain, NC 27924
Colerain is a compact, rural town in Bertie County where wide lots, older homes, and proximity to the Chowan River define local life. Residents enjoy low traffic, river access for boating and fishing, and a small‑town pace punctuated by community events and school activities. Essential services and larger shopping or medical needs are found in neighboring towns, while local schools — including Colerain Elementary — serve as community anchors. The area appeals to buyers seeking privacy, outdoor access, and the chance to restore or expand on historic properties.
Very good river access with the Chowan River about 0.5 miles away, opportunities for boating and fishing nearby, and local school grounds and small parks for everyday outdoor activity.
Colerain and the surrounding sections of Bertie County operate as a small, rural market with limited transactional volume and sparse comparable sales. Available data is thin: recent comparable activity includes a mid‑2025 sale on N Main Street at $220,000 (roughly $115/sf) while 209 E River St is listed at $149,995 (~$68.50/sf). This spread indicates room for value capture after renovations but also reflects condition differences and construction vintage. Inventory levels and average days on market for this immediate pocket are not robustly reported; historically, rural properties here trade more slowly than suburban/urban markets and tend to attract a narrower buyer pool. Given the home's age, the "as‑is" sale condition, and the sizeable lot, the current environment favors buyers willing to take on renovation scope and time. For sellers, clear pricing and targeted marketing to investors and restoration‑minded buyers are key; for buyers, competitive offers that account for repair costs and leverage the property's sizable lot and workshop will be strongest. Overall, this is an opportunity market for value‑oriented buyers rather than a fast‑moving seller's market.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Routine buyer due diligence items; these are not known defects.
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