5523 Greenville Loop Road, Wilmington, NC 28409 (MLS# 100423602)

5523 Greenville Loop Road, Wilmington, NC 28409

$1,825,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,888 Lot Size (sq. ft.): 329,314 Status: Closed
Current Price: $1,825,000 List Date: 9/23/2024 Last Modified: 3/11/2025

Description

One of a kind opportunity for redevelopment in the Greenville Loop corridor. Subject property, currently operating as a grandfathered full-service kennel, consists of 7.56 acres (two parcels) with a total of six buildings and containing approximately 8700 sq ft. Currently zoned R-15. Highest and best use is residential with potential for conditional re-zoning to achieve greater density. Site could also be ideal for the equine enthusiast who desires to have their own riding facility in the center of town. There are not adverse soil conditions that the seller is aware of, although the southwestern corner is in portion of a flood zone. The parcel has 550 feet of road frontage along Greenville Loop Road. There are six primary building improvements to the site. They are a single family dwelling with a debris filled in-ground pool, a main kennel building, secondary kennel building, a converted well house to aviary building, a four-stall horse stable with a storage area and a grooming building. Other site improvements include a cat gazebo, a pond, chain link fencing and perimeter masonry/concrete wall with horse pastures encompassing approximately one half of the total site area.

More Information MLS# 100423602

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Delayed Marketing?: No Marketing Start Date: 2024-01-23 Listing Price: 2495000 Current Price: $1,825,000 List Price/SqFt: 1321.5 Stipulation of Sale: Standard

Location Information

Street #: 5523 Street Name: Greenville Loop Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28409 City Limits: Yes Marketing City: Wilmington Subdivision: Greenville Loop Secondary Subdivision: N/A Geo Lat: 34.197947 Geo Lon: -77.860321

Remarks and Showing

Directions to Property: Oleander to Pine Grove Road. Follow Pine Grove to left on Greenville Loop Road. Property on left just after you cross small bridge over Hewlett's Creek. Sign on Property: No

Property Exterior Info

New Construction: No Lot Acres: 7.56 Lot SqFt: 329314 Lot Dimensions: 550x568x530x658 Waterfront: No Waterview: No Horses Y/N: Yes Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 1888 Total SqFt - Heated (Primary + Separate): 1888 # Rooms: 5 # Baths - Full: 2 # Baths - Total: 2 # Bedrooms: 2 Master Bedroom Level: Primary Living Area Stories: 1

Legal Taxes

Year Built: 1932

Status Change Info

Under Contract Date: 2024-12-30 Sold Price: $1,825,000 Sold Date: 2025-03-10

Property Features

Construction: Wood Frame Exterior Finish: Stucco Fencing: Block; Full Foundation: Crawl Space Parking Features: On Site Patio and Porch Features: None Roof: Shingle Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Utilities: Sewer Available Sewer: Municipal Sewer Fireplace: None Interior Features: None Heated SqFt: 1800 - 1999 Dining Room Type: Combination HOA and Neigh Amenities: No Amenities Horse Amenities: Barn; Boarding Facilities; Pasture; Stable(s); Trailer Storage Terms: Cash; Conventional; Commercial
Listing Office: Keller Williams Innovate-Wilmington
Last Updated: March - 11 - 2025
5523 Greenville Loop Road, Wilmington, NC 28409- MLS# 100423602
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