For Sale: Prime 1.74-Acre Waterfront Property on the Intracoastal Waterway - Wilmington, NCDiscover endless possibilities with this rare 1.74-acre gem located on the stunning Intracoastal Waterway in Wilmington, North Carolina. Whether you're a savvy investor, a developer, or someone seeking the perfect waterfront opportunity, this property offers unmatched potential.Property Highlights:Prime… Read More Location: Situated in a highly desirable area of Wilmington, NC, with direct access to the Intracoastal Waterway.Development Potential: Zoned for residential use, allowing the development of up to five single-family homes.Income Opportunity: Currently operates as a thriving mobile home park, generating $6,500 in monthly income.Waterfront Lifestyle: Stunning views, serene surroundings, and direct waterway access. Ideal for boating, fishing, and enjoying the coastal lifestyle.Proven Value: An excellent investment opportunity with flexible options for future growth. Keep the existing mobile home park for steady income, currently 6500 per month, 4 of the 6 mobile homes convey with the land. Transform this property into a beautiful residential community with up to five custom homes. This is a rare chance to own waterfront acreage with income-generating potential in one of North Carolina's most sought-after coastal cities. Agent related to seller Read Less
Courtesy of Diana M Setaro, RE/MAX at the Beach / Oak Island
Listing Snapshot
Days Online
142
Last Updated
Property Type
Mobile Home Park
Lot Size
1.74 Acres
MLS Number
100486145
30 Days Snapshot Of 28409
$695k
-13%
(avg) sold price
54
-5%
homes sold
108
+50%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Type/Frontage: Maintained, Public (City/Cty/St)
Disclosures
Unknown
Fence
None
Home Owner's Association
HOA: No, HOA Amenities: No Amenities, Waterfront Community
Lot
75,882 sqft lot, Water Frontage: 75, 1.74 total acre, Lot Description: Dead End, Wetlands, Level, Lot Water Features: Water Access Comm, Topography: Cleared, See Remarks, Marsh/Wetland
Property
Cobra Zone, Zoning: R-15, Waterview, Federal Flood Insurance available, Waterfront, Soil Evaluation: Other: Septics in place, Bldgs on Property: Manufactured Home
Taxes
Tax Assessed Value: $1,277,900, Property Taxes: $6,677, City Tax Rate: 6601, Deferred Taxes: No, Tax Year: 2024
Utilities
Phone Available, Fuel Tank: None
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