230 4 Summer Rest Road, Wilmington, NC 28405

$3,200,000
Property Type: Land Lot Size (sq. ft.): 25,683 Status: Closed
Current Price: $3,200,000 List Date: 1/02/2021 Last Modified: 7/02/2021

Description

1 if by land! 2 if by sea! Perhaps Wilmington's most sought after address, Summer Rest, at the foot of the scenic drawbridge to Wrightsville Beach provides easy walking access to the loop, Airlie Gardens, over 30 restaurants and the area's best shops. With only four home sites comprising Summer Rest Estates, each lot includes two 30 foot boat slip and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate lot and start enjoying the best life. . . By land or by sea!

More Information MLS# 100169663

Contract Info

Sub-Type: Residential Land Auction: No List Price/Acre: 5754237.29 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2019-06-07 Listing Price: 3395000 Current Price: $3,200,000

Location Information

Lot #: 4 City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 230 Street Name: Summer Rest Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28405 Subdivision: Summer Rest Geo Lat: 34.220746 Geo Lon: -77.812538

Remarks and Showing

Sign on Property: Yes Directions to Property: Take Eastwood Road towards Wrightsville Beach. Last left before crossing over the bridge is Summer Rest Road

Property Exterior Info

Acres - Total: 0.59 Lot Dimensions: 147 x 137 x 103 x 64 x 211 Lot SqFt: 25683 Deed Restriction: No Waterfront: Yes Total Road Frontage: 147 Waterview: Yes Location Type: Mainland Water Frontage: 166

Legal and Taxes

Tax Assessed Value: 2752700 Deed Book: 6208 Deed Page: 503 Legal: Lot 4 Summer Rest Broker Owner: Yes PID: 315716838736000 Tax Identifier: R05714-003-003-000 Plat Book: 36 Plat Page: 358 Total Real Estate Property Taxes: 14379 Special Assessments: no Deferred Taxes: No Tax Year: 2020 Zoning: R-20 HOA: Yes Cobra Zone: No Federal Flood Ins Avlbl: Yes School District: New Hanover Elementary School: Wrightsville Beach Middle School: Noble High School: Hoggard

Current Use

Residential: 1

Bldgs on Property

None: 1

HOA and Neigh Amenities

Maint - Comm Areas: 1

HOA

Association Fee 1/Year: 250 HOA 1 Mgmt. Company: Summer Rest HOA HOA 1 Mgmt. Phone: 9102328850

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

ICW Front: 1

Topography

Cleared: 1 Marsh/Wetland: 1

Current Service Providers

Electric Provider: Duke Energy Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Deeded Water Rights: 1 Subdivision: 1 Wetlands: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Lot Water Features

Deeded Water Rights: 1 Water Access Comm: 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Status Change Info

Under Contract Date: 2021-05-02 Sold Price: $3,200,000 Sold Date: 2021-07-02

Property Features

Current Use: Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: ICW Front Topography: Cleared; Marsh/Wetland Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Description: Deeded Water Rights; Subdivision; Wetlands Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: Deeded Water Rights; Water Access Comm HOA and Neigh Amenities: Maint - Comm Areas Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: July - 02 - 2021
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