302 Summer Rest Road, Wilmington, NC 28405 (MLS# 100461131)

302 Summer Rest Road, Wilmington, NC 28405

$3,800,000
Property Type: Land Lot Size (sq. ft.): 25,548 Status: Active
Current Price: $3,800,000 List Date: 5/02/2025 Last Modified: 5/07/2025

Description

Looking to build your custom dream home on one of the most iconic and picturesque streets in Wilmington then this homesite is for you! Situated among historic oaks and located on the Intracoastal Waterway across from Wrightsville Beach makes it an ideal location for boaters and beach lovers. Enjoy relaxing on the waterway pier and dock that will accommodate up to 4 / 40+ft boat slips with plenty of entertaining space to spend the day or evening enjoying the scenic views on the multilevel gazabo along the ICWW and tidal marshes full of birds and aquatic life. This distinguished property is one of only two properties on Summer Rest that has a buildable lot. Looking for an even better view to see the world prior to building climb up into the lookout platform in one of the oak trees and get a whole new perspective. Nestled on a neighborhood street with little outside traffic feel comfortable taking a stroll through the community with ease access to cross country bike trails, the Summer Rest Trails, Wrightsville Beach and area shopping, dining and entertainment within minutes. Get on your boat and head out to Masonboro Island or Masons Inlet beaches within a short distance, or better yet take your paddle board or kayak and explore Palm Tree Island and the expansive winding marshes of Lees Cut and beyond. Wake up everyday to beautiful sunrises and end the day with a gorgeous moonrise, not to mention the wonderful prevailing breezes that this location offers.

More Information MLS# 100461131

Contract Info

Status: Active Delayed Marketing?: No Marketing Start Date: 2024-08-15 Sub-Type: Residential Land Listing Price: 3800000 Current Price: $3,800,000 List Price/Acre: 6440677.97 Stipulation of Sale: Standard

Location Information

Street #: 302 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: 34.221163 Geo Lon: -77.81165

Remarks and Showing

Directions to Property: Eastwood Rd to just before ICWW Bridge take a left on Summer Rest lot is on the left side across from 303 Summer Rest Rd Sign on Property: Yes

Property Exterior Info

Acres - Total: 0.59 Lot SqFt: 25548 Deed Restriction: Yes Total Road Frontage: 124 Waterfront: Yes Water Frontage: 127.5 Waterview: Yes Location Type: Island

Legal and Taxes

Tax Assessed Value: 600 Deed Book: 1327 Deed Page: 1800 Legal: LOT 2, PT 3 BLK 1 VILLAGE OF SUMMER REST; MARSH Broker Owner: No PID: 315716.93.4512.000 Tax Identifier: R05714-003-004-000 Plat Book: 75 Plat Page: 88 Special Assessments: None Tax Year: 2023 Zoning: R-20 HOA: Yes Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: Wrightsville Beach Middle School: Noble High School: New Hanover

Property Features

Current Use: Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: ICW Front; Sound Front Topography: See Remarks View Type: ICW View Fencing: Partial Fuel Tank: None Environmental Hazard: Unknown Lot Description: Deeded Water Rights; See Remarks Utilities: Electricity Available; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: Boat Slip; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Dock; Salt Marsh HOA and Neigh Amenities: Boat Slip - Assign; Maint - Comm Areas; Marina; Master Insure; Taxes; Water Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
Last Updated: May - 07 - 2025
302 Summer Rest Road, Wilmington, NC 28405- MLS# 100461131
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