Tract 1-11 Carolina Beach Road Wilmington, NC ^$ 21,500,000

Tract 1-11 Carolina Beach Road

^$ 21,500,000

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Tract 1-11 Carolina Beach Road

Wilmington, NC, 28412

^$ 21,500,000

Studio Baths0.0

Monthly Estimate*

^$ 150,184

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Studio

Lots and Land for sale in Wilmington, NC

for $21,500,000. The lot size is 27.

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.

Lots and Land Active

Price

^$ 21,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 2,094

Style

Undeveloped

Lot Size

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100411695

Features

Exterior

Lot Description Wooded

Waterfront Yes

Water Frontage 430.00

Soil Evaluation Soil Evaluation - No

Acres 27.00

Buildings on Property Main House

Lot Water Feature Boat Ramp

Road Type/Frontage Paved Public (City/Cty/St)

Frontage Type ICW Front

General

Utilities Septic On Site Well Water

Possession At Closing

current use Single Family

Zoning R-15

Subdivision Not In Subdivision

Topography Undeveloped Wooded

County New Hanover

Stipulation of Sale None

Property Type B

Tax Year 2023

Lot Sqft 1176120.00

Days on Market 184

City Limits No

Sub-Type Undeveloped

Waterview Yes

City Wilmington

Middle School Murray

Street Name Carolina Beach

High School Ashley

HOA and Neigh Amenities See Remarks

Elementary School Anderson

Location Type Mainland

Interior

Street Suffix Road

* Excluded Features

List By

Andy Garrett

Listing Agent

Destination Realty Corporation, Llc

Broker

agarrett@destinationrealtycorp.com

Affordability Calculator

$150,358

Per Month

Monthly Principal & Interest: $150,184
Monthly Property Taxes: $175
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Wilmington, NC

Average List Price ^$877,351

Percent of Sale Price 96%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960606 Elementary School

3960434 Middle School

Ashley High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/26/2023	$18,950,000		Listed Price

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Tract 1-11 Carolina Beach Road, Wilmington, NC, 28412 is a Lots and Land for sale at $21,500,000 with a lot size of 27. Tract 1-11 Carolina Beach Road is a studio with 0.0 baths. The property's zip code is 28412 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Tract 1-11 Carolina Beach Road

Lots and Land for sale in Wilmington, NC

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