40 acres on natural, well preserved 1,418 acre freshwater Bay Tree Lake. Prime lakefront property ideal for residential, commercial, recreational development or conservation. Never before offered and priced to sell. Terrific investment opportunity. Pre-development ready for 30-50 home-sites, marina, commercial or other use. On NC41 at shortest distance to BTL. Two acres lakefront developed = $600,000, min., (recent comps). Remaining 38+/- acres on waterways and NC41 would be particularly valuable as unique natural NC lake property. Direct lake access to BTL from 100+ acre waterway system. Over 380 feet of shoreline on BTL. Over 6,000 lineal feet of frontage on navigable waterway excavated within this tract. Over 600 feet of frontage on NC 41 between Elizabethtown and Wallace NC. Immediately adjacent to well planned, attractively developed Bay Tree Lakes community, established 1972. Excellent un-crowded water recreation directly off the property on lake or waterways, great freshwater fishing, abundant wildlife, old bald cypress along lakeshore, mature 35+ year old trees on property, and other attributes make this an especially interesting NORTH CAROLINA LAKEFRONT tract. On NC41 five (5) miles east of White Lake, NC and 11 miles east of Elizabethtown, NC (est. 1773 on the Cape Fear River). Approximately 35 minutes and equidistant from each I-95, I-40 and to be I-74. Approximately 45 minutes and equidistant to Fayetteville to the north and Wilmington to the southeast.