$640,000 $3,436 est/mo Sourced by Back At You

5231 Peden Point Road,Wilmington, NC 28412

Wilmington NC, 28412

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Description

Incredible Opportunity to own a 3-acre parcel situated off Peden Point/ Myrtle Grove rd. This expansive lot is zoned R15 and offers room to build your dream estate or according to the New Hanover County there is a potential to develop the property into 8 + homesites. The beautiful, landscaped parcel includes gorgeous live oak trees and cedar & holly trees that line the property to create a natural privacy barrier. Enjoy sitting out under the Live Oak where you can feel & hear the ocean breeze. Land is located on a peaceful street where it feels like county living & the Intracoastal Waterway is just a short walk away. No HOA. Property Features a newly constructed 1200 square foot storage building (24 x 50) offers versatility as a garage, workshop or easily converted to store a boat or RV by modifying the garage door. Lots of options include utilizing the building as a barn for your horses to keep them close to home. Explore the recently built luxury chicken house/coup . 2023 Improvements to include, 1200 square ft building with power, grading, new chicken coup and new concrete driveway. Duke Power has installed under ground power line, positioning the property for future development. The owners have building plans for a 4000 square foot home, which can be seamlessly transferred to the new owners. Schedule an appointment with the listing agent today to explore this exceptional property.

Details

MLS#100422128
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site96
Listing Provided ByHarbor Island Realty | Theresa C Little

Features

ZoningR-15
Acreage3.04

Market Activity 28412

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28412
AreaNew Hanover
Community NamePeden Point
School DistrictAshley
Elementary SchoolBellamy
Middle SchoolMyrtle Grove
High SchoolAshley
Listing VS Median (in Peden Point)
Price:
$640,000
low | high
Med:
$1,100,000
21.875% of Average
On Site:
96
low | high
Med:
96.000000
100% of Average
Sourced by Back At You
Listing Updated: April 2, 2024 at 12:50:38 AM PDT
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