6 months on rocket

TRACT1-11 Carolina Beach Rd, Wilmington, NC, 28412

$21,500,000

27.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontBoat Ramp
MLS #100411695
Lot Size27.00 Acres
StatusActive

About TRACT1-11 Carolina Beach Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: Destination Realty Corporation, LLC

Exterior Features

Exterior Information:

  • Waterfront: Boat Ramp

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 27.00 Acres

School Info

Assigned Schools Information:

  • Eugene Ashley High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Charles P Murray Middle School, Public District Grades 6-8
  • Carolina Beach Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $21,500,000
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

Med. Sold Price

$411.5K

Med. Price/SqFt

$237

Avg. Days On Market

41

# of Sold Homes

291

TRACT1-11 Carolina Beach Rd vs Wilmington

189 DAYS ON ROCKET

+148 Days

$21,500,000

+$21.0M More

KEY TAKEAWAY

This property is $21.0M more than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100411695

Listing Office:

  • Office Name: Destination Realty Corporation, LLC

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). 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 this firm 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. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$107.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$64.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4946073
8
/10
  • Carolina Beach Elementary School

  • 400 S 4th St

  • 1.90 miles

  • Public District Grades PK-5

school-card-donut-4946074
4
/10
  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 7.53 miles

  • Public District Grades KG-5

school-card-donut-4946075
7
/10
  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 14.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4946076
9
/10
  • Charles P Murray Middle School

  • 655 Halyburton Memorial Parkwy

  • 2.77 miles

  • Public District Grades 6-8

High School

school-card-donut-4946077
5
/10
  • Eugene Ashley High School

  • 555 Halyburton Memorial Parkwy

  • 2.96 miles

  • Public District Grades 9-12

school-card-donut-4946078
8
/10
  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 11.12 miles

  • Public District Grades 9-12

school-card-donut-4946079
9
/10
  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 18.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,040. Typical income of Wilmington, NC residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TRACT1-11 Carolina Beach Rd

What is the listing price of this property?

The listing price of TRACT1-11 Carolina Beach Rd property is $21,500,000.

What type of property is this?

The property TRACT1-11 Carolina Beach Rd is land located in Wilmington, North Carolina, 28412.

Is this property for sale now?

Active Listing: TRACT1-11 Carolina Beach Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for TRACT1-11 Carolina Beach Rd are:
Carolina Beach Elementary School: GreatSchools Rating 8/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Charles P Murray Middle School: GreatSchools Rating 9/10
Eugene Ashley High School: GreatSchools Rating 5/10
Isaac M Bear High School: GreatSchools Rating 8/10
Wilmington Early College High School: GreatSchools Rating 9/10

How much acreage is this property?

The property TRACT1-11 Carolina Beach Rd is 27.00 acres.
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Rocket Homes›North Carolina›New Hanover County›Wilmington›28412›TRACT1-11 Carolina Beach Rd

This home is located at TRACT1-11 Carolina Beach Rd in Wilmington, NC and zip code 28412 in the Intracoastal Waterway neighborhood. This home sits on a 27.00 acre lot. It has been listed on Rocket Homes since October 26, 2023 and is currently priced at $21,500,000.

While more than 72 listings in Wilmington, NC in April 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 154 were sold below. The number of listings in Wilmington, NC increased by 4% between March 2024 and April 2024. While the average time on the market in April 2024 was 41 days, the median list price was $411,592.

From Rocket Homes Real Estate and based on county public records data.

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