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302 Summer Rest Road, Wilmington, NC 28405
$3,718,000
Property Type:
Land
Lot Size (sq. ft.):
25,548
Status:
Closed
Current Price:
$3,718,000
List Date:
5/02/2025
Last Modified:
7/28/2025
Description
Looking to build your custom dream home on one of the most iconic and picturesque streets in Wilmington then this homesite is for you! Situated among historic oaks and located on the Intracoastal Waterway across from Wrightsville Beach makes it an ideal location for boaters and beach lovers. Enjoy relaxing on the waterway pier and dock that will accommodate up to 4 / 40+ft boat slips with plenty of entertaining space to spend the day or evening enjoying the scenic views on the multilevel gazabo along the ICWW and tidal marshes full of birds and aquatic life. This distinguished property is one of only two properties on Summer Rest that has a buildable lot. Looking for an even better view to see the world prior to building climb up into the lookout platform in one of the oak trees and get a whole new perspective. Nestled on a neighborhood street with little outside traffic feel comfortable taking a stroll through the community with ease access to cross country bike trails, the Summer Rest Trails, Wrightsville Beach and area shopping, dining and entertainment within minutes. Get on your boat and head out to Masonboro Island or Masons Inlet beaches within a short distance, or better yet take your paddle board or kayak and explore Palm Tree Island and the expansive winding marshes of Lees Cut and beyond. Wake up everyday to beautiful sunrises and end the day with a gorgeous moonrise, not to mention the wonderful prevailing breezes that this location offers.
More Information MLS# 100461131
Contract Info
Delayed Marketing?: No
Sub-Type: Residential Land
List Price/Acre: 6440677.97
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-08-15
Listing Price: 3800000
Current Price: $3,718,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 302
Street Name: Summer Rest
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28405
Subdivision: Summer Rest
Geo Lat: 34.221163
Geo Lon: -77.81165
Remarks and Showing
Sign on Property: Yes
Directions to Property: Eastwood Rd to just before ICWW Bridge take a left on Summer Rest lot is on the left side across from 303 Summer Rest Rd
Property Exterior Info
Acres - Total: 0.59
Lot SqFt: 25548
Deed Restriction: Yes
Waterfront: Yes
Total Road Frontage: 124
Waterview: Yes
Location Type: Island
Water Frontage: 127.5
Legal and Taxes
Tax Assessed Value: 600
Deed Book: 1327
Deed Page: 1800
Legal: LOT 2, PT 3 BLK 1 VILLAGE OF SUMMER REST; MARSH
Broker Owner: No
PID: 315716.93.4512.000
Tax Identifier: R05714-003-004-000
Plat Book: 75
Plat Page: 88
Special Assessments: None
Tax Year: 2023
Zoning: R-20
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Wrightsville Beach
Middle School: Noble
High School: New Hanover
Current Use
Residential: 1
Bldgs on Property
None: 1
HOA and Neigh Amenities
Boat Slip - Assign: 1
Maint - Comm Areas: 1
Marina: 1
Master Insure: 1
Taxes: 1
Water: 1
Soil Evaluation
Soil Evaluation - No: 1
Frontage Type
ICW Front: 1
Sound Front: 1
View Type
ICW View: 1
Topography
See Remarks: 1
Terms
Cash: 1
Conventional: 1
Fencing
Partial: 1
Fuel Tank
None: 1
Environmental Hazard
Unknown: 1
Lot Description
Deeded Water Rights: 1
See Remarks: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Lot Water Features
Boat Slip: 1
Deeded Water Access: 1
Deeded Water Rights: 1
Deeded Waterfront: 1
Dock: 1
Salt Marsh: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Status Change Info
Under Contract Date: 2025-05-17
Sold Price: $3,718,000
Sold Date: 2025-07-25
Property Features
Current Use: Residential
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Frontage Type: ICW Front; Sound Front
Topography: See Remarks
View Type: ICW View
Fencing: Partial
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Deeded Water Rights; See Remarks
Utilities: Electricity Available; Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Lot Water Features: Boat Slip; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Dock; Salt Marsh
HOA and Neigh Amenities: Boat Slip - Assign; Maint - Comm Areas; Marina; Master Insure; Taxes; Water
Terms: Cash; Conventional
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: July - 28 - 2025
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