221 Summer Rest Road, Wilmington, NC 28405 (MLS# 100029267)

221 Summer Rest Road, Wilmington, NC 28405

$4,500,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 178,596 Status: Closed
Current Price: $4,500,000 List Date: 10/01/2018 Last Modified: 1/16/2020

Description

Take advantage of the last opportunity to build your dream home in a quaint community full of southern charm. This lot at 221 Summer Rest Road offers approximately 4.1 acres with 2.62 buildable uplands and 245 feet of water frontage on the Intracoastal Waterway -- plenty of space for a family homestead for generations to come. Spend carefree summer days sipping tea and rocking away on the wrap-around porch you designed yourself, peering through the storybook moss-draped mature oak trees to catch beautiful panoramic views of the ICWW and Wrightsville Beach. This is one of the few tracts that offers buildable land on the ICWW side of Summer Rest Road. You'll have .78 acres to build your own private boat dock for easy access to Masons Inlet, Wrightsville Beach boat ramp, Palm Tree Island,

Supplements: Masonboro Island, and the Gulf Stream. Live the most charmed life Wilmington has to offer, less than two miles from restaurants, shops, and the Atlantic Ocean, all easily accessible by foot or bike. Call for your exclusive tour of this once-in-a-lifetime property.

More Information MLS# 100029267

Contract Info

Status: Closed Marketing Start Date: 2016-09-09 Sale/Lease: Sale Auction: No Listing Price: 4800000 Current Price: $4,500,000 Stipulation of Sale: Standard

Location Information

Street #: 221 Street Name: Summer Rest Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28405 City Limits: Yes Marketing City: Wilmington Subdivision: Summer Rest Secondary Subdivision: N/A Geo Lat: 34.221233 Geo Lon: -77.812676

Remarks and Showing

Directions to Property: Head east on Eastwood Road. Take a left before Wrightsville Beach bridge onto Summer Rest Road. Property is on the left and right on corner of Summer Rest & Blue Avenue. Sign on Property: Yes

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 2138000 Deed Book: 5697 Deed Page: 12561260 Legal: LOT 1 BLK 1 SUMMER REST & ADJ Broker Owner: No PID: R05714003003000 Tax Identifier: R05714-003-012-000 Plat Book: na Plat Page: na Special Assessments: non Tax Year: 2015 Zoning: R-20 HOA: No Cobra Zone: No Flood Zone: Yes

Status Change Info

Under Contract Date: 2019-01-14 Sold Price: $4,500,000 Sold Date: 2019-04-15

Property Features

Frontage Type: ICW Front View Type: ICW View Lot Description: Corner Lot Lot Water Features: Deeded Water Rights
Listing Office: Intracoastal Realty Corp
Last Updated: January - 16 - 2020
221 Summer Rest Road, Wilmington, NC 28405- MLS# 100029267
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