517 Greenville AVE Active Save Request In-Person Tour Request Virtual Tour
Carolina Beach,NC 28428
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100487423
Originating Board Hive MLS
Annual Tax Amount $2,519
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 100' X 100'
Property Description
Located at 517 Greenville Ave in Carolina Beach, NC, this exclusive land deal offers a prime development opportunity in a high-demand area. The 0.23-acre lot is zoned R-1, allowing for the construction of up to four townhomes by right with no rezoning required. Situated in an X Flood Zone, there is no requirement for costly flood insurance, making it even more appealing for developers. The existing house on the lot will need to be demolished to make way for new construction, providing a clean slate for investment. With its close proximity to the beach and the growing real estate market in Carolina Beach, this lot presents significant potential for builders and investors alike. The sale is an assignment of contract, and the asking price is $770,000. Don't miss this rare opportunity to secure a prime piece of real estate in a sought-after coastal location.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R-1
Direction From Wilmington, take US-421 S (Carolina Beach Road) and continue for approximately 12 miles. After crossing the Snow's Cut Bridge into Carolina Beach, stay on N Lake Park Blvd for about 1.5 miles. Turn right onto Greenville Ave, and continue for approximately 0.3 miles. The property, 517 Greenville Ave, will be on your left. Look for the existing house on the lot, which is set for redevelopment.
Location Details Island
Rooms
Other Rooms Main House
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R09009-016-001-005
Special Listing Condition None