Last Sold Price
132,422 Lot Size3.04 Acres
5231 Peden Point Rd, Wilmington, NC 28409

Description

Discover a prime 3.04 acre R15 development opportunity in the heart of Wilmington. Located close to Carolina Beach and everything Wilmington has to offer. The property includes a brand new 1200 sqft steel barn, built to withstand winds up to 155 mph, and is perfect for horses, boats, and RV storage. The lot has an easement in place, and is potentially suitable for an 8-home site community or building your dream house next to the oak trees. Ask about the available 4000 sqft home plan.Discover a prime 3.04 acre R15 development opportunity in the heart of Wilmington. Located close to Carolina Beach and everything Wilmington has to offer. The property includes a brand new 1200 sqft steel barn, built to withstand winds up to 155 mph, and is perfect for horses, boats, and RV storage. The lot has an easement in place, and is potentially suitable for an 8-home site community or building your dream house next to the oak trees. Ask about the available 4000 sqft home plan.
LISTING CLOSED: 12/02/2024 12:00 AM

  1. Listed by English Seward Real Estate Group • Brokerage DRE #C5810 • Berkshire Hathaway HomeServices Carolina Premier Properties
    P: (910) 200-6463 taraenglishrealtor@gmail.com
  2. Listed by Tara A English • Brokerage DRE #C5810 • Berkshire Hathaway HomeServices Carolina Premier Properties
    P: (910) 256-0021 taraenglishrealtor@gmail.com

Property Details for 5231 Peden Point Road

Status
MLS #
100448345
Days on Market
149
Taxes
$1,638 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential Lot
Year Built
-
Lot Size
3.04 AC
Subdivision Name
Peden Point
Waterfront
No
Zoning
R-15

Recent comparable sales

Median sold price

$375,000

Avg days on market

122

Sale-to-list ratio

86.0%

Wilmington, NC

9 comparable properties found

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1

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Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.45
Acres
$419,500 | 233 Loder Avenue, Wilmington, NC 28409
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2

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Bedrooms
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Square Feet
0.4
Acres
$375,000 | 1633 Kennedy Road, Wilmington, NC 28409
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3

$375,000

Sold 06/22/26

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Bathrooms
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Square Feet
1.3
Acres
$345,000 | 151 Egret Point Road, Wilmington, NC 28409
1/12
4

$345,000

Sold 02/06/26

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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Acres
$190,000 | 5308 Peden Point Road, Wilmington, NC 28409
1/9
5

$190,000

Sold 09/26/24

Unavailable
Bedrooms
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Bathrooms
Unavailable
Square Feet
0.72
Acres
$800,000 | 1035 Grissom Road, Wilmington, NC 28409
1/2
6

$800,000

Sold 03/17/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
6.36
Acres
$640,000 | 233 Windy Hills Drive, Wilmington, NC 28409
1/25
7

$640,000

Sold 11/17/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
0.42
Acres
$160,000 | 6023 Myrtle Grove Road, Wilmington, NC 28409
1/12
8

$160,000

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
$85,000 | 5034 Masonboro Loop Road, Wilmington, NC 28409
1/2
9

$85,000

Sold 03/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres

Location

Add your commute

Building Information for 5231 Peden Point Road

Lot Size3.04 AC

Payment Calculator

$2,373 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,236

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5231 Peden Point Road

Summary
Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: No
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Directions: From I-40, continue S on S college Rd, turn left onto Piner Rd, continue straight onto Peden Point Rd, the lot is behind home 5301 Peden Point Rd on the left
  • Latitude: 34
  • Longitude: -78
  • Road Frontage Type: Easement, City Street, State Road
  • Topography: Cleared/Partial
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Parcel Number: R07616-003-011-002
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Legal Description: PT GRISSOM
  • Tax Map Number: R07616-003-011-002
  • Tax Assessed Value: $313,400
  • Tax Year: 2023
School Information
  • Elementary School: Bellamy
  • High School: Ashley
  • Middle Or Junior School: Myrtle Grove
Parking
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Buildings On Property: Barn(s), Chicken House
  • Total Road Frontage: 24.0
  • Lot Size Acres: 3.04
  • Lot Size Area: 3.04
  • Lot Size Square Feet: 132422.0
  • Lot Features: Partially Cleared
  • Lot Size Units: Acres
  • Other Structures: Poultry Coop, Barn(s)
Property and Assessments
  • Deed Book: 6590
  • Deed Page: 1554.0
  • Soil Evaluation: Soil Evaluation - Yes
  • Environmental Hazard: Unknown
  • Deed Restriction: No
  • Property Sub Type: Residential Lot
  • Property Type: Land
  • Permitted Use: Public
Utilities
  • Fuel Tank Details: None
Interior and Exterior Features
Exterior Features
  • Horse: Yes
Interior Features
  • Bathrooms Total Source: MLS
Agent
Sale and Listing
  • Sold Exclusive: No

Property History for 5231 Peden Point Road

DateEvent & SourcePriceAppreciation
Dec 2, 2024

Sold

NCRMLS #100448345

$440,000
Nov 26, 2024

Sold (Public Record)

Public Record #1546074383

$450,000

+21.7% / yr

Oct 29, 2024

Pending

NCRMLS #100448345

DateEvent & SourcePrice
12/02/2024

Sold

NCRMLS #100448345

$440,000
11/26/2024

Sold (Public Record)

Public Record #1546074383

$450,000

+21.7% / yr

10/29/2024

Pending

NCRMLS #100448345

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5231 Peden Point Road

Taxable ValueLand$333,200Additions$31,400Total$364,600
Home Facts
Beds0Lot Size132,422 SqFtStyleSingle Family ResidenceZoningR-15,RESIDENTCountyNEW HANOVERAPNR07616-003-011-002

Schools near 5231 Peden Point Road

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Heyward C Bellamy Elementary
PublicK to 5

Myrtle Grove Middle
Public6 to 8

Eugene Ashley High
Public9 to 12

Dr John Codington Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Carolina Premier Properties

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 07/07/2026 05:51 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS