7500 Masonboro Sound Road, Wilmington, NC 28409 (MLS# 100122366)

7500 Masonboro Sound Road, Wilmington, NC 28409

$6,600,000

Property Type: Land Lot Size (sq. ft.): 2,831,400 Status: Closed

Current Price: $6,600,000 List Date: 2/14/2019 Last Modified: 11/30/2020

Overview

Description

Undeveloped wooded tract of land approx 65 acres. Zoned R-15 w/490 ft of road footage on Masonboro Loop Rd and another 490 ft of road footage on Masonboro Sound Rd. This tract of land would be suitable for a single family coastal development w/an average lot size of 15,000 sqft. Approx 175+ homes sites (subject to all approvals by City of Wilmington).

Listing Details MLS# 100122366

Contract Info

Marketing Start Date: 2018-06-22
Sub-Type: Residential Lot
Auction: No
Listing Price: 8999900
List Price/Acre: 138460
Stipulation of Sale: Standard

Location Information

Street #: 7500
Street Name: Masonboro Sound
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28409
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: S. College to Pine Grove Road to Masonboro Loop Road. Property on your left.
Sign on Property: Yes

Property Exterior Info

Acres - Total: 65
Lot Dimensions: 716x3795x685x3935
Lot SqFt: 2831400
Deed Restrictions: No
Total Road Frontage: 490
Waterfront: No
Waterview: No
Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 3163400
Deed Book: 5846
Deed Page: 2706
Legal: PT ANDERSON
Broker Owner: No
PID: 314507.67.6696.000
Tax Identifier: R06700-005-007-000
Special Assessments: None
Tax Year: 2018
Zoning: R-15
HOA: No
Cobra Zone: No
School District: New Hanover
Elementary School: Masonboro
Middle School: Roland Grise
High School: Hoggard

Status Change Info

Under Contract Date: 2019-08-02
Sold Date: 2020-11-25

More Information

Property Features

Bldgs on Property: Main House Soil Evaluation: Soil Evaluation - No Topography: Cleared/Partial; Rolling; Undeveloped; Wooded Fuel Tank: None Environmental Hazard: Unknown Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: Cash

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: November - 30 - 2020

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