Last Sold Price
21,344 Lot Size0.49 Acres
5501 Peden Point Rd, Wilmington, NC 28409

Description

Major Price Reduction! Will Not Last Long at this new price. Wooded Corner Lot Just Waiting for you to Build Your Dream Home! Possible views of the ICWW Just 1 Block Away from the Water!Major Price Reduction! Will Not Last Long at this new price. Wooded Corner Lot Just Waiting for you to Build Your Dream Home! Possible views of the ICWW Just 1 Block Away from the Water!
LISTING CLOSED: 06/28/2012 12:00 AM

  1. Listed by David Cummings • Brokerage DRE #C9314 • Coldwell Banker Sea Coast Advantage
    P: (910) 799-3435

Property Details for 5501 Peden Point Road

Status
MLS #
30463041
Days on Market
214
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential Land
Year Built
-
Lot Size
0.49 AC
Subdivision Name
Myrtle Grove
Zoning
R-15

Recent comparable sales

Median sold price

$419,500

Avg days on market

159

Sale-to-list ratio

85.2%

Wilmington, NC

9 comparable properties found

$190,000 | 5308 Peden Point Road, Wilmington, NC 28409
1/9
1

$190,000

Sold 09/26/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.72
Acres
$400,000 | 1821 Newkirk Road, Wilmington, NC 28409
1/30
2

$400,000

Sold 11/01/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.45
Acres
$440,000 | 5231 Peden Point Road, Wilmington, NC 28409
1/11
3

$440,000

Sold 12/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.04
Acres
$419,500 | 233 Loder Avenue, Wilmington, NC 28409
1/29
4

$419,500

Sold 06/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.4
Acres
$375,000 | 1633 Kennedy Road, Wilmington, NC 28409
1/14
5

$375,000

Sold 06/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.3
Acres
$640,000 | 233 Windy Hills Drive, Wilmington, NC 28409
1/25
6

$640,000

Sold 11/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.42
Acres
$160,000 | 6023 Myrtle Grove Road, Wilmington, NC 28409
1/12
7

$160,000

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
$800,000 | 1035 Grissom Road, Wilmington, NC 28409
1/2
8

$800,000

Sold 03/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.36
Acres
$1,800,000 | 6148 Myrtle Grove Road, Wilmington, NC 28409
1/10
9

$1,800,000

Sold 06/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20.46
Acres

Location

Listing Courtesy of Coldwell Banker Sea Coast Advantage

Sold By Coldwell Banker Sea Coast Advantage

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Building Information for 5501 Peden Point Road

Lot Size0.49 AC

Payment Calculator

$164 per month

30 year fixed, 6.55% Interest

Principal and Interest

$127

Property Taxes

$37

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5501 Peden Point Road

Summary
Location and General Information
  • Island Or Mainland: Mainland
  • Flood Zone: Yes
  • Directions: S College Road to Monkey Junction, Left on Piner, stay straight (turns into Peden Point), head towards the ICWW, 5501 Peden will be the Corner Lot on Left, corner lot at last street before the water.
  • Latitude: 34
  • Longitude: -78
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Association: No
  • Tax Legal Description: MYRTLE GROVE
  • Tax Map Number: R07717001001001
  • Tax Assessed Value: $215,000
School Information
  • Elementary School: Bellamy
  • High School: Ashley
  • High School District: New Hanover
  • Middle Or Junior School: Myrtle Grove
Property
Lot Information
  • Buildings On Property: None
  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Square Feet: 21344.0
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 106x213x91x195
  • Lot Size Units: Acres
  • Other Structures: None
Property and Assessments
  • Deed Book: 5547
  • Deed Page: 2538.0
  • Possession: At Closing
  • Property Sub Type: Residential Land
  • Property Type: Land
  • Permitted Use: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Source: MLS

Property History for 5501 Peden Point Road

DateEvent & SourcePriceAppreciation
Jun 28, 2012

Sold

NCRMLS #30463041

$25,000
Jun 27, 2012

Sold (Public Record)

Public Record #334769330

$25,000

-71.6% / yr

Jun 21, 2012

Pending

NCRMLS #30463041

DateEvent & SourcePrice
06/28/2012

Sold

NCRMLS #30463041

$25,000
06/27/2012

Sold (Public Record)

Public Record #334769330

$25,000

-71.6% / yr

06/21/2012

Pending

NCRMLS #30463041

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

Public Records for 5501 Peden Point Road

Taxable ValueLand$117,300Additions-Total$117,300
Tax Record2025$444 ($37 / month)
Home Facts
Beds0Lot Size21,519 SqFtStyleMiscellaneous Vacant LandZoningR-15,RESIDENTCountyNEW HANOVERAPNR07717-001-001-001

Schools near 5501 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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Nearby home values

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 Coldwell Banker Sea Coast Advantage

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 08/07/2025 03:11 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