2 Beds
1 Bath
988 SqFt
2 Beds
1 Bath
988 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 988 sqft
Price per Sqft $1,314
Subdivision Belmont
MLS Listing ID 100580995
Style Wood Frame,Stick Built
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1958
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions irregular
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
This newly combined parcel presents a rare and exciting development opportunity in one of Wilmington's fastest-growing residential infill corridors. The site includes approximately 2.56 acres with approximately 100 feet of road frontage along Worth Drive, providing valuable access for utilities and vehicles to the rear acreage.
Rezoning approvals are nearly in hand, positioning this property for a planned residential development and significantly advancing the project beyond the typical early-stage planning process. The site is well suited for a thoughtfully designed townhome or cottage court community with the potential for up to 20 units, subject to final approvals and development requirements.
The surrounding area continues to experience substantial residential growth, with numerous new construction projects, including duplex and triplex communities, reinforcing the area's transition toward higher-density residential development.
An existing 2-bedroom, 1-bath home on the property is currently leased for $1,800 per month on a 12-month term, providing immediate income while final development plans move forward.
This is a unique opportunity to acquire a strategically located, development-ready parcel in a proven growth corridor with rezoning progress already substantially underway. Ideal for builders, developers, and investors seeking a residential infill project in the Wilmington market.
Location
State NC
County New Hanover
Community Belmont
Zoning R-5
Direction From downtown Wilmington, take Carolina Beach Rd. Turn right on to Shipyard Blvd, then left on to Worth Dr. Properties will be on right.
Location Details Mainland
Rooms
Primary Bedroom Level Primary Living Area
Interior
Interior Features Pantry
Heating Heat Pump, Electric, Forced Air, Natural Gas
Cooling Central Air, Heat Pump
Fireplaces Number 1
Furnishings Unfurnished
Fireplace Yes
Appliance Gas Oven, Built-In Gas Oven, Freezer, Refrigerator, Dishwasher
Exterior
Parking Features Parking Pad
Carport Spaces 1
Pool None
Utilities Available Sewer Connected, Water Connected
View See Remarks
Roof Type Shingle
Porch Deck, Screened, Glass Enclosed, Rear Porch, Side Porch
Garage No
Building
Entry Level One
Foundation Crawl Space
Water Public
Level or Stories 1
New Construction No
Schools
Elementary Schools Sunset
Middle Schools Williston
High Schools New Hanover
Others
Tax ID R06505-012-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Schools and Properties Nearby
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