5500 Peden Point Road
Wilmington, NC 28409
- – beds
- – baths
- – sqft
- ~2 acre lot
- – on site
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 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
Last checked:
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Last updated Jan 31, 2025
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MLS# 100486145 —
Financial & Terms
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Deed Restrictions:No
Location
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Directions to Property:Carolina Beach road to Piner Road to Peden Point Road
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Location Type:Mainland
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City Limits:Yes
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Road Type/Frontage:Maintained, Public (City/Cty/St)
The Property
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Property Type:B
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Subtype:Mobile Home Park
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Lot Description:Dead End, Wetlands, Level
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Lot Water Features:Water Access Comm, Waterfront Comm
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Lot SqFt:75,882 Sqft
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View Type:ICW View, Water View, Marsh View
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Waterview:Yes
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Water Frontage:75.00
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Waterfront:Yes
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Zoning:R-15
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Horses:No
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Current Use:Mobile Home Park, Vacant
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Acres Total:1.74
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Topography:Cleared, See Remarks, Marsh/Wetland
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Fencing:None
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Buildings on Property:Manufactured Home
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Frontage Type:ICW Front, See Remarks
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Total Road Frontage:797
Listing Agent
- Contact info:
- Agent phone:
- (910) 294-1297
- Office phone:
- (910) 278-1950
Taxes
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Tax Year:2024
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Property Taxes:$6,677.03
Utilities
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Utilities:Phone Available, Well Water, Shared Well, Septic On Site
The Community
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Subdivision:Myrtle Grove
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Secondary Subdivision:N/A
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HOA and Neigh Amenities:No Amenities
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HOA:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/31/25
Jan 31, 2025
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Listed / Active | HIVE | $2,100,000 |
