Back Lot 2/116 Spencer Lane
Off Market

Lot 2/116 Spencer Lane

Newport NC 28570

3
4
2
3080 sq. ft.
23522 sq. ft.
Single-Family
Last sold for $540,000
Ruth VincentRuth Vincent, last sold this property on 31 October 2025 after 139 days on market.

Overview

Welcome to this lovely home just four rows from the sound, tucked away off historic Cedar Lane and adjacent to the desirable Gull Harbor subdivision. Offering peace, privacy, and charm, this quiet sound-side retreat includes an option to access the neighborhood marina boat ramp for an annual fee—perfect for boating enthusiasts. Step onto the spacious front veranda and enjoy the coastal breezes from your rocking chair, or head to the rear porch for grilling and entertaining. Throughout the main level, the home features three bedrooms and 2.5 baths with detailed crown molding and trim. A formal dining room, living room and eat-in kitchen create the perfect flow for everyday living or hosting guests. The first-floor primary suite is highlighted by a bay window bump-out, dual walk-in closets, and a spacious bath with deep tub and separate shower. Upstairs is a separately heated and cooled zone offering a spacious flex room, full bath, and an additional office or bonus room—ideal for an in-law suite, teen getaway, or home office. Ample walk-in attic space offers future potential for even more finished rooms. Additional highlights include: • Whole-house generator • Encapsulated crawl space with dehumidifier • Move-in ready condition with opportunity to customize • Located in a community known for its boating, dog walking, and bike-riding lifestyle Don't miss this opportunity to live in a serene and sought-after coastal neighborhood where charm and convenience meet.

Features

3 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3080 sq. ft. floor area
23522 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Newport over the last 12 months, the estimated median property value of Lot 2/116 Spencer Lane is $385k.

Median value
$385k
Estimated value range
$180k - $2.05m
Median days on market
27
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Lot 2/116 Spencer Lane

2025
Sold
$540,000
31 Oct 2025 by Ruth Vincent, of Baran Properties

Happy sellers in Newport

75%
75% of sellers in Newport reported that their sale price either exceeded or met their price expectations.

Newport stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Newport over the last 12 months.

Local market activity for 3 bedroom single-family properties in Newport

In the last 12 months, 156 three-bedroom single-family properties similar to Lot 2/116 Spencer Lane, have been sold.

This represents a 27% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newport

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent