27+ acres of prime waterfront property in a great location on the ICW. Property is priced below appraised value based on recent appraisal. This is an excellent development opportunity! Proposed development includes 69 single family homesites. Seller has submitted proposed project for TRC approval and has preliminary approval from NC DOT for subdivision entrance. Property includes an existing boat ramp and ample space for community boat slips pending approval. Beautiful views across the ICW to Masonboro Island. Seller willing to entertain JV partnership to proceed with existing plan. Please call listing agent for additional details and showing requests.
MLS# | 100411695 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 351 |
Listing Provided By | Destination Realty Corporation, LLC | Andy Garrett |
Zoning | R-15 |
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Acreage | 27.00 |
Water Front | Yes |
Property View | Ocean, Water |
State | NC |
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County | New Hanover |
City | Wilmington |
Zip Code | 28412 |
Area | New Hanover |
Community Name | Not In Subdivision |
School District | Ashley |
Elementary School | Anderson |
Middle School | Murray |
High School | Ashley |
Listing VS Median (in Not In Subdivision) | |
Price: $21,500,000 low | high Med: $274,900 On Site: 351 low | high Med: 34 |