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Jason Walters

jason@waltersteam.com +1(252) 360-1130

Listed by EXP Realty LLC

$ 1,195,000

Est. payment | -/mo

5 Beds

5 Baths

7,683 SqFt

Save Virtual Tour

$ 1,195,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

7,683 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 7,683 sqft

Price per Sqft $155

Subdivision Not In A Subdivision

MLS Listing ID 10175200

Style Victorian

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1910

Annual Tax Amount $15,146

Lot Size 7,683 Sqft

Acres 0.49

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 7683

Property Description

Historic Preston Woodall House | Wedding & Event Venue Opportunity | $1,195,000 Step into one of Johnston County's most iconic historic properties. The renowned Preston Woodall House offers a rare opportunity to own a beautifully restored estate that previously operated as a successful wedding and event venue, bed & breakfast, and special events destination. Originally built in 1910, this remarkable property blends timeless Southern elegance with commercial versatility. Guests are welcomed by grand architectural details, expansive gathering spaces, beautifully appointed guest rooms, and the impressive Cora Lily Grand Ballroom—an elegant venue space capable of hosting weddings, receptions, corporate events, private parties, retreats, and special occasions. Over the past year, the property has undergone extensive improvements, including significant interior and exterior painting, ballroom enhancements, flooring upgrades, wallpaper restoration, plumbing improvements, drainage work, pressure washing, window cleaning, and other capital improvements designed to prepare the property for its next chapter. The venue ceased operations during the COVID pandemic and has remained largely dormant since; however, the infrastructure, historic charm, and event-oriented layout remain in place, presenting a unique opportunity for an entrepreneur, hospitality operator, event company, boutique inn owner, or investor to reestablish a thriving destination venue. According to the seller, the property previously generated approximately $1,000,000 annually in gross revenue during its peak operating years. Buyers are encouraged to independently verify all business-related information. Located in the heart of Downtown Benson, this property offers convenient access to Raleigh, Fayetteville, I-95, and the rapidly growing Triangle region. Opportunities to acquire a historic venue property with this level of character, history, and business potential are exceedingly rare. Whether envisioned as a wedding venue, boutique inn, corporate retreat center, event destination, restaurant concept, mixed-use hospitality property, or grand private residence, the Preston Woodall House is ready for its next steward to bring this landmark property back to life. Some images have been virtually staged to suggest the intended use and true potential of the spaces. The Preston Woodhall House has not operated since Covid in 2021. No financial records from 2022 - Current.

Location

State NC

County Johnston

Community Not In A Subdivision

Area 0.49

Zoning OFR

Interior

Interior Features Beamed Ceilings, Chandelier, Crown Molding, Double Vanity, Entrance Foyer, High Ceilings, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet

Heating Fireplace(s)

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Ceramic Tile, Hardwood, Simulated Wood, Tile, Wood

Fireplaces Type Gas Log

Fireplace Yes

Appliance Dishwasher

Laundry Main Level, See Remarks

Exterior

Exterior Feature Awning(s), Balcony, Garden, Rain Gutters, Uncovered Courtyard, Other

Parking Features Driveway, Parking Pad

Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Available, Water Connected

View Trees/Woods

Roof Type Mixed, Copper, Metal, Slate, Shingle, Membrane, Synthetic, Architectural Shingle

Garage No

Building

Lot Description Garden, Landscaped, Sprinklers In Rear, Waterfall

Story Tri-Level, Two

Foundation Slab

Water Public

Architectural Style Victorian

New Construction No

Schools

Elementary Schools Johnston County Schools

Middle Schools Johnston County Schools

High Schools Johnston County Schools

Others

Senior Community No

Tax ID 01016032

Security Features 24 Hour Security,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan, FHA Eligibility

Listing Terms Cash, Conventional, FHA, VA Loan, FHA Eligibility

Virtual Tour https://www.zillow.com/view-imx/8a4d1e2d-3cb3-4d7a-91f6-a18ae2ca8ff5?wl=true&setAttribution=mls&initialViewType=pano

NEARBY SCHOOLS & PROPERTIES

+1(252) 360-1130

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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201 E Hill ST Benson, NC 27504