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0 Scotts Hill Loop Road, Wilmington, NC 28411

$15,000,000
Property Type: Land Lot Size (sq. ft.): 10,541,520 Status: Closed
Current Price: $15,000,000 List Date: 6/23/2021 Last Modified: 11/03/2022

Description

Significant opportunity for Development located just over the New Hanover/Pender County Line behind the Poplar Grove Homestead. This tract has never been offered to the public for sale. One half of the property is wooded with the other open and ready for many options. Located on the site is the Abbey Nature Preserve which will not convey with the property unless the buyer can represent its use within the overall future development. It's location is key, nestled in rich history and sited near water access, marinas and area recreation. Water/Sewer access is close to one property corners. Road access is given from both Highway 17 as well as Scotts Hill Loop Road. Well over 2,228 feet of road frontage. You will not find a better location this close to Wilmington for this much acreage. Call the Listing Professionals for more information and details on this exciting offering. Total Acreage 242 AC with 180 Acres Unrestricted Use.

More Information MLS# 100277853

Contract Info

Status: Closed Effective Date: 2021-06-19 Delayed Marketing Date (DM): 2021-06-23 Sub-Type: Residential Land Auction: No Listing Price: 16000000 Current Price: $15,000,000 List Price/Acre: 66115.7 Sub Agent Comm $/%: % Buyer Agent Comm: 2 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street Name: Scotts Hill Loop Street Suffix: Road County: Pender State/Province: NC Zip Code: 28411 City Limits: No Marketing City: Wilmington Subdivision: Other Secondary Subdivision: N/A Geo Lat: 34.312903 Geo Lon: -77.750304

Remarks and Showing

Directions to Property: North on Market Street to Scotts Hill Loop Road. The subject land is inland of the loop and access points off Scotts Hill Loop and Near Poplar Grove/Abbey Nature Preserve Parking areas. Sign on Property: No

Property Exterior Info

Acres - Total: 242 Acres - Cleared: 116 Acres - Wooded: 126 Lot Dimensions: See Attached Plat Maps Lot SqFt: 10541520 Deed Restriction: Yes Total Road Frontage: 2228 Waterfront: No Waterview: No Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 1031300 Deed Book: 1542 Deed Page: 45 Legal: 242.38 Ac PB 45/97 on Sr 1571 Pb 29/9 & 30/89 16 47/100E 58 F 40 U 139 Broker Owner: No PID: 3270-68-9374-0000 Tax Identifier: 3270-68-9374-0000 Plat Book: 45 Plat Page: 97 Total Real Estate Property Taxes: 994 Deferred Taxes: No Tax Year: 2020 Zoning: RP HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: South Topsail Middle School: Topsail High School: Topsail

Status Change Info

Under Contract Date: 2021-11-30 Sold Price: $15,000,000 Sold Date: 2022-11-03

Current Service Providers

Electric Provider: Duke Progress Energy

Property Features

Current Use: Agriculture; Farm; Residential Bldgs on Property: Barn(s); Manufactured Home; Storage Buildings Soil Evaluation: Soil Evaluation - Yes Topography: Cleared; Cleared/Partial; Level; Rolling; Sloped; Undeveloped; Wooded Fencing: Partial; Wire Fuel Tank: None Environmental Hazard: Unknown Lot Description: Open; Partially Cleared; Pasture; Wooded Road Type/Frontage: Not Maintained; Private; Unpaved Utilities: See Remarks Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: Cash; See Remarks
Listing Office: The Property Shop International Realty
Last Updated: November - 03 - 2022
0 Scotts Hill Loop Road, Wilmington, NC 28411- MLS# 100277853
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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