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
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