$880,000
$995,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,313 SqFt
SOLD DATE : 12/02/2024
Key Details
Sold Price $880,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,313 sqft
Price per Sqft $380
Subdivision Peden Point
MLS Listing ID 100448036
Sold Date 12/02/24
Style Wood Frame
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Hive MLS
Year Built 1974
Annual Tax Amount $1,730
Lot Size 3.500 Acres
Acres 3.5
Lot Dimensions See Notes
Property Description
Discover a prime R15 development opportunity in the heart of Wilmington. This 3.50-acre parcel features a beautifully updated 2300sqft single-family home, ideal as an investment property or primary residence. The one-level home boasts three spacious bedrooms, flooded with natural light, fresh designer paint, and brand-new flooring. Two large living areas provide ample space for relaxation or working from home. The formal dining room, adjacent to the kitchen, is adorned with elegant lighting and new flooring, perfect for entertaining. The open kitchen showcases solid hardwood cabinetry, stainless steel appliances, and a generous breakfast area. Enjoy afternoons on the screened porch or explore the gardens and trail leading to the creek. A new 1200 sqft steel barn, built to withstand winds up to 155 mph, is perfect for horses, boat, and RV storage. Additionally, a separate garage with a lift crane offers ample workspace for auto enthusiasts. Included in the sale is a separate three-acre parcel zoned R15, with an easement in place, suitable for an 8-home site community or building your dream house next to the oak trees. Ask about the available 4000 sqft home plan. Don't miss this exceptional opportunity at 5301 Peden Point Road.
Location
State NC
County New Hanover
Community Peden Point
Zoning R-15
Direction From I-40, continue onto S College Rd, take a left onto Pine Rd, continue across Myrtle Grove Rd onto Peden Point Rd, home is on the left
Location Details Mainland
Rooms
Other Rooms Barn(s), Workshop
Basement Crawl Space
Primary Bedroom Level Primary Living Area
Interior
Interior Features Master Downstairs, Ceiling Fan(s), Pantry
Heating Electric, Heat Pump
Cooling Central Air
Flooring LVT/LVP
Window Features Blinds
Laundry Inside
Exterior
Parking Features Covered, Off Street, Paved
Carport Spaces 2
Roof Type Shingle
Porch Patio, Porch, Screened
Building
Lot Description Horse Farm, Farm, Pasture, Wooded
Story 1
Entry Level One
Sewer Septic On Site
Water Well
New Construction No
Schools
Elementary Schools Bellamy
Middle Schools Myrtle Grove
High Schools Ashley
Others
Tax ID R07616-003-012-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property Pasture, Riding Trail
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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