4000 Masonboro Loop Rd, Wilmington, NC 28409

$1,095,000

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List Price
$1,095,000
Price Change
▼ $100,000 1782155131
MLS#
100549422
Property Type
Land
Lot Size
91,912
Status
ACTIVE

Property Description

Situated on 2.11 acres, this unique property offers a 1,300+ square foot, 3-bedroom home surrounded by majestic oak trees and over 600 feet of prominent frontage along Masonboro Loop Road and the Cross-City Trail. The expansive parcel provides exceptional visibility and accessibility and is directly adjacent to a Commercial Business district, presenting a rare opportunity for potential rezoning for commercial or multi-family redevelopment (buyer to verify). Whether you're seeking a private homesite with room to grow or an investment with future development potential, this property offers a compelling blend of location, land, and possibility. The home, while dated, has been well taken care of features beautiful hardwood floors. The grounds boast azalea beds, live oak trees, and an assortment of other plants. - Please do not drive on the property without scheduling an appointment.

Additional Information

Possession
Close Of Escrow, At Closing
Zoning
R-15
Listing Courtesy Of
Oleander Real Estate LLC
County
New Hanover
Neighborhood
Not In Subdivision
Project/Section
Not In Subdivision
Elementary School
Masonboro Elementary
Middle School
Myrtle Grove
High School
Hoggard
Subtype
Residential Lot
Acres
2.11
Amenities
See Remarks
Utilities
Sewer Connected, Water Available

Listing courtesy of Listing Agent: Loren E Baysden () from Listing Office: Oleander Real Estate LLC.

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