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
Status
ACTIVE
Type
Land
Subtype
Residential Lot
Lot Size
91,912
Subdivision
Not In Subdivision

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

Elementary School
Masonboro Elementary
Middle School
Myrtle Grove
High School
Hoggard
Acres
2.11
Amenities
See Remarks

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Calculator source: Real Geeks

Listing courtesy of Oleander Real Estate LLC.