5304 Masonboro Loop Road, Wilmington, NC 28409
$3,750,000
Property Type:
Land
Lot Size (sq. ft.):
643,512
Status:
Active
Current Price:
$3,750,000
List Date:
3/31/2025
Last Modified:
4/24/2025
Description
14.77-acre property in southern New Hanover County offers exceptional blend of privacy, space, and development potential. Zoned R-15, the land was once site of a nursery and currently features 3,900+ square foot home, horse stable and two pastures. The property presents endless possibilities, making it ideal site for development project with potential for 20-30 lots. Located near Wilmington beaches and short drive to historic downtown, this property provides a unique opportunity to create a private estate, family compound, or residential development.
More Information MLS# 100497863
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-03-31
Sub-Type: Residential Land
Listing Price: 3750000
Current Price: $3,750,000
List Price/Acre: 253893.03
Stipulation of Sale: Standard
Location Information
Street #: 5304
Street Name: Masonboro Loop
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28409
City Limits: No
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.140772
Geo Lon: -77.880746
Remarks and Showing
Directions to Property: From Pine Grove Drive, bear right to Masonboro Loop Road for about 5 minutes, you will pass Trinity Landing and Helms Port on your left, the driveway to 5304 Masonboro is after Helms Port on your right.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 14.77
Acres - Wooded: 3802
Lot Dimensions: 149x415x103x2326x247x2757
Lot SqFt: 643512
Deed Restriction: No
Total Road Frontage: 149
Waterfront: No
Waterview: No
Location Type: Mainland
Horses Y/N: No
Legal and Taxes
Tax Assessed Value: 745700
Deed Book: 1301
Deed Page: 1167
Legal: Pt Craig Masonboro
Broker Owner: No
PID: 313416.84.6136.000
Tax Identifier: R07600-002-024-000
Total Real Estate Property Taxes: 3896.28
Special Assessments: none
Tax Year: 2024
Zoning: R-15
Cobra Zone: No
Elementary School: Bellamy
Middle School: Myrtle Grove
High School: Ashley
Property Features
Current Use: Residential
Bldgs on Property: Main House; Shed(s); Stable(s)
Soil Evaluation: Soil Evaluation - No
Topography: Wooded
Fencing: Chain Link
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Owned
Environmental Hazard: Unknown
Sewer: Septic Tank
Water Source: Well
Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
Last Updated: April - 24 - 2025
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