$675,000

5530 Peden Point Road

Wilmington NC, 28409

Description

Are you tired of the hustle and bustle of the city life and ready to change your view? Can you imagine a more peaceful existence with nature and beautiful sunrises that come up right in your very own backyard? This is a 1.74 acre property consisting of a .34 acre waterfront lot situated on the Intracoastal Waterway (ICWW) and the perfect place to build your dream home. The other 1.40 acres currently have 6 mobile homes and the tenants are on a month to month lease basis. A deep well, 8 septic tanks and eletric meters are already on site. The location of this property makes it easy to get to College Road, the beaches, the hospital and the Downtown area. Many options are available here for Investors, Developers, Contractors or Custom Home Builders. The mobile homes could stay or remove and have buildable lots. Choices exist to build a pier and slips for community dock for this entire property or only for the waterfront home with CAMA approval. There are no HOA fees and it is not in the City limits.

Details

MLS#100212011
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site211

Features

ZoningR-15
Acreage1.74
Water FrontYes
Property ViewYes
Loading Form
Loading Form
Area Information
StateNC
CountyNew Hanover
CityWilmington
Zip Code28409
AreaNew Hanover
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$675,000
low | high
Med:
$165,000
100% of Average
On Site:
211
low | high
Med:
627.5
33.625498007968% of Average
Listing Updated: 10/29/2020
Listing Provided By: Allison B Horton of Coldwell Banker Sea Coast Advantage-Midtown
Copyright 2020 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.