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$995,000
Reduced $95,000
3
beds
2
baths
2,313
sqft
Real Estate Professional
C.

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.

Property Highlights

  • Patio/Deck: Patio, Porch, Screened
  • Heating / Cooling: Central
  • Property Type: Single Family, Single Family Residence
  • MLS #: 100448036

General Information

Carport Yes
Carport Spaces 2
Elementary School Bellamy
High School Ashley
Middle School Myrtle Grove
Property Subtype Residential
Property Type Single Family Residence
Subdivision Peden Point
Taxes $1,730

Room Information

Full Baths 2
Laundry Inside
Total Baths 2
Total Beds 3

Property Features

Basement Crawl Space
Construction Materials Brick Veneer
Cooling Ceiling Fan(s), Central Air
Fencing Back Yard, Wood
Heating Electric, Heat Pump
Interior Features Master Downstairs, Ceiling Fan(s), Pantry
Interior Square Footage 2,313
Lot Size Acres 3.5
Lot Size Dimension See Notes
Lot Size Square Feet 152,460
Other Structures Barn(s), Workshop
Patio Features Patio, Porch, Screened
Roof Shingle
Rooms 9
Sewer Septic Tank
Stories One
Water Source Well
Windows Blinds
$995,000
Reduced $95,000
3
beds
2
baths
2,313
sqft
Real Estate Professional
C.
Location
5301 Peden Point Road, Wilmington, NC 28409 Driving Directions
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Nearby Schools
Listed by Tara English Real Estate Group, Berkshire Hathaway Homeservices Carolina Premier Properties.

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