5301 Peden Point Road, Wilmington, NC 28409
$1,199,999
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
2,313
Lot Size (sq. ft.):
152,460
Status:
Active
Current Price:
$1,199,999
List Date:
6/03/2024
Last Modified:
6/09/2024
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.
More Information MLS# 100448036
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: Yes
Delayed Marketing Date (DM): 2024-06-03
Listing Price: 1199999
Current Price: $1,199,999
List Price/SqFt: 518.81
Sub Agent Comm: 2.5
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 5301
Street Name: Peden Point
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28409
City Limits: No
Marketing City: Wilmington
Subdivision: Peden Point
Secondary Subdivision: N/A
Geo Lat: 34.131002
Geo Lon: -77.872652
Remarks and Showing
Directions to Property: From I-40, continue onto S College Rd, take a left onto Pine Rd, continue across Myrtle Grove Rd onto Peden Point Rd, home is on the left
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 3.5
Lot SqFt: 152460
Lot Dimensions: See Notes
Waterfront: No
Horses Y/N: Yes
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 2313
Total SqFt - Heated (Primary + Separate): 2313
# Rooms: 9
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 3
Master Bedroom Level: Primary Living Area
Stories: 1
Legal & Taxes
Tax Assessed Value: 331100
Total Real Estate Property Taxes: 1730
Deed Book: 6590
Deed Page: 1554
Legal: PT GRISSOM PT LOT 2&3
Broker Owner: No
PID: R07616-003-012-000
Tax Identifier: R07616-003-012-000
Special Assessments: None
Tax Year: 2023
Year Built: 1974
Zoning: R-15
HOA: No
Cobra Zone: No
Elementary School: Bellamy
Middle School: Myrtle Grove
High School: Ashley
Garage & Parking
Attached Carport Spaces: 2
Total Carport Spaces: 2
RV/Boat Spaces: 1
Rental Information
Lease Term: 12 month
Property Features
Construction: Wood Frame
Exterior Finish: Brick Veneer
Fencing: Back Yard; Wood
Foundation: Crawl Space
Fuel Tank: None
Parking Features: Covered; Off Street; Paved
Patio and Porch Features: Patio; Porch; Screened
Roof: Shingle
Stories/Levels: One
Lot Features: Farm; Horse Farm; Pasture; Wooded
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Septic On Site; Well Water
Fireplace: 1
Flooring: LVT/LVP
Interior Features: 1st Floor Master; Blinds/Shades; Ceiling Fan(s); Pantry; Smoke Detectors
Laundry Features: Room
Heated SqFt: 2200 - 2399
Dining Room Type: Combination; Formal
Other Structures: Barn(s); Workshop
Horse Amenities: Barn; Pasture; Riding Trail
Terms: Cash; Conventional; FHA; VA Loan
Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
Last Updated: June - 09 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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