111 Carolina Beach Road, Wilmington, NC 28412 (MLS # 100411695)
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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.
| DAYS ON MARKET | 326 | LAST UPDATED | 12/4/2023 |
|---|---|---|---|
| TRACT | Not In Subdivision | YEAR BUILT | 0 |
| COUNTY | New Hanover | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to Dec 4, '23 | $18,950,000 |
|---|---|
| Dec 4, '23 - Today | $21,500,000 |
| ADDITIONAL DETAILS | |
| LOT | 27 acre(s) |
|---|---|
| LOT DESCRIPTION | Waterfront, Wooded |
| SEWER | Septic Tank |
| SUBDIVISION | Not In Subdivision |
| TAXES | 2094.7 |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean, Water |
| WATER | Well |
| ZONING | R-15 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Destination Realty Corporation, LLC
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