2632-1 Carolina Beach Road

Wilmington, NC 28412

$21,500,000
Price
1,176,120 / 27
Lot Size / Acres

Description

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...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.
  1. Listed by Andy Garrett • Destination Realty Corporation, LLC

Property Details for 2632-1 Carolina Beach Road

View
Ocean, Water
Subdivision Name
Not In Subdivision
Zoning
R-15
Waterfront
Yes
Waterfront
Yes
Waterview
Yes

Location

Listing Courtesy of Destination Realty Corporation, LLC
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LISTING UPDATED: 04/01/2024 10:23 PM

Property Details for 2632-1 Carolina Beach Road

StatusActive
MLS #100411695
Days on Market186
Taxes$2,095 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size27.00 AC
CountyNew Hanover County

Location

Listing Courtesy of Destination Realty Corporation, LLC
Add your commute

Building Information for 2632-1 Carolina Beach Road

Lot Size27.00 AC

Payment Calculator

$117,509 per month

30 year fixed, 7.25% Interest

Principal and Interest

$117,334

Property Taxes

$175

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2632-1 Carolina Beach Road

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28412
  • County Or Parish: New Hanover
  • Directions: From S College Rd., Head South through Monkey Junction. Stay on Carolina Beach Rd. past Myrtle Grove Road. Make a U-turn just past Salient Pt. on left. After u-turn, go north back up Carolina Beach Rd. and and the property will be on the right after passing Salient Pt.
  • Latitude: 34.08
  • Longitude: -77.89
  • City Limits: No
  • Secondary Subdivision: N/A
  • Location Type: Mainland
  • Legal and Taxes: Zoning Details: R-15
  • Topography: Undeveloped: Yes
  • Topography: Wooded: Yes
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Association Fee: $.00
  • Tax Legal Description: See Addendum A
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Year: 2023
  • Tax Assessed Value: $400,900.00
  • Parcel Number: R08200-005-048-000
  • Tax Block: 0
  • Tax Annual Amount: $2,094.70
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6403
  • Legal and Taxes: Deed Page: 2712.0
  • Legal and Taxes: Legal: See Addendum A
  • Legal and Taxes: PID: 0
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $400,900.00
  • Legal and Taxes: Total Real Estate Property Taxes: $2,094.70
  • Legal and Taxes: Tax Year: 2023
School Information
  • Middle Or Junior School: Murray
  • High School: Ashley
  • Elementary School: Anderson
  • Legal and Taxes: Elementary School: Anderson
  • Legal and Taxes: Middle School: Murray
  • Legal and Taxes: High School: Ashley
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Lot Size Acres: 27.0
  • Lot Size Area: 27.0
  • Lot Size Square Feet: 1176120.0
  • Acres - Total: 27.0
  • Lot Sq Ft: 1176120.0
  • Total Road Frontage: 296.00
  • Water Frontage: 430.00
  • Bldgs on Property: Main House: Yes
  • Soil Evaluation : Soil Evaluation - No: Yes
  • Lot Water Features: Boat Ramp: Yes
  • Lot Water Features: I C W Front: Yes
  • Lot Water Features: I C W View: Yes
  • Lot Water Features: Ocean View: Yes
  • Lot Water Features: Water View: Yes
Property and Assessments
  • Current Use: Single Family
  • Documents Available: Flood Map
  • Legal and Taxes: Special Assessments: None
Green Features
  • Green Building Certify: Unknown: Yes
Utilities
  • Sewer: Septic On Site
  • Water Source: Well
  • Utilities: Septic On Site: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: See Remarks
  • Other Structures: Main House
  • Fuel Tank: None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 2632-1 Carolina Beach Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2632-1 Carolina Beach 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 - 6 to 12
Rating
School
Distance
Sunset Park Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

J. C. Roe Center
Public6 to 12

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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2632-1 Carolina Beach Road is a 27 ac of land for sale in Wilmington, NC 28412. This property was listed for sale on October 26, 2023 by Destination Realty Corporation, LLC, it's currently listed at $21,500,000. This listing's school district is New Hanover County School District. Nearby schools include Sunset Park Elementary, Williston Middle and New Hanover High. 2632-1 Carolina Beach Road is a 0-bed, 0-bath, 27 ac of land on a 1,176,120 sq. ft. / 27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Destination Realty Corporation, LLC

The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC. 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 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. Copyright© 2024 North Carolina Regional MLS LLC. All Rights Reserved.