225 2 Summer Rest Road, Wilmington, NC 28405 (MLS# 100169671)

225 2 Summer Rest Road, Wilmington, NC 28405

$1,750,000

Property Type: Land Lot Size (sq. ft.): 25,265 Status: Closed

Current Price: $1,750,000 List Date: 6/07/2019 Last Modified: 8/21/2020

Overview

Description

1 if by land! 2 if by sea! Perhaps Wilmington's most sought after address, Summer Rest, at the foot of the scenic drawbridge to Wrightsville Beach provides easy walking access to the loop, Airlie Gardens, over 30 restaurants and the area's best shops. With only four home sites comprising Summer Rest Estates, each lot includes two 30 foot boat slips and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate lot and start enjoying the best life. . . By land or by sea!

Listing Details MLS# 100169671

Contract Info

Marketing Start Date: 2019-06-07
Sub-Type: Residential Lot
Auction: No
Listing Price: 1850000
List Price/Acre: 3189655.17
Stipulation of Sale: Standard

Location Information

Street #: 225
Street Name: Summer Rest
Street Suffix: Road
Lot #: 2
County: New Hanover
State/Province: NC
Zip Code: 28405
City Limits: Yes
Marketing City: Wilmington
Subdivision: Summer Rest
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Take Eastwood Road towards Wrightsville Beach. Last left before crossing over the bridge is Summer Rest Road
Sign on Property: Yes

Property Exterior Info

Acres - Total: 0.58
Lot Dimensions: 295x98x309x75
Lot SqFt: 25265
Deed Restrictions: No
Total Road Frontage: 98
Waterfront: No
Waterview: Yes
Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 2752700
Deed Book: 6208
Deed Page: 503
Legal: LOT 2 SUMMER REST
Broker Owner: Yes
PID: 315716838736000
Tax Identifier: R05714-003-012-000
Plat Book: 36
Plat Page: 358
Special Assessments: None
Tax Year: 2018
Zoning: R-20
HOA: Yes
Cobra Zone: No
School District: New Hanover
Elementary School: Wrightsville Beach
Middle School: Noble
High School: Hoggard

Status Change Info

Under Contract Date: 2020-07-27
Sold Date: 2020-08-19

More Information

Current Service Providers

Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority

HOA

Association Fee 1/Year: 3000
HOA 1 Mgmt. Company: Summer Rest HOA
HOA 1 Mgmt. Phone: 9102328850

Property Features

Current Use: Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: ICW Front Topography: Cleared; Marsh/Wetland Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Features: Deeded Water Rights; Subdivision Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: Deeded Water Rights HOA and Neigh Amenities: Maint - Comm Areas Terms: Cash; Conventional

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: August - 21 - 2020

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