5523 Greenville Loop Road, Wilmington, NC 28409

$1,825,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,888 Lot Size (sq. ft.): 329,314 Status: Closed
Current Price: $1,825,000 List Date: 9/23/2024 Last Modified: 3/11/2025

Description

One of a kind opportunity for redevelopment in the Greenville Loop corridor. Subject property, currently operating as a grandfathered full-service kennel, consists of 7.56 acres (two parcels) with a total of six buildings and containing approximately 8700 sq ft. Currently zoned R-15. Highest and best use is residential with potential for conditional re-zoning to achieve greater density. Site could also be ideal for the equine enthusiast who desires to have their own riding facility in the center of town. There are not adverse soil conditions that the seller is aware of, although the southwestern corner is in portion of a flood zone. The parcel has 550 feet of road frontage along Greenville Loop Road. There are six primary building improvements to the site. They are a single family dwelling with a debris filled in-ground pool, a main kennel building, secondary kennel building, a converted well house to aviary building, a four-stall horse stable with a storage area and a grooming building. Other site improvements include a cat gazebo, a pond, chain link fencing and perimeter masonry/concrete wall with horse pastures encompassing approximately one half of the total site area.

More Information MLS# 100423602

Building/Ext Features

ud_i_08: 0

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built List Price/SqFt: 1321.5 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2024-01-23 Listing Price: 2495000 Current Price: $1,825,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 5523 Street Name: Greenville Loop Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28409 Subdivision: Greenville Loop Geo Lat: 34.197947 Geo Lon: -77.860321

Remarks and Showing

Sign on Property: No Directions to Property: Oleander to Pine Grove Road. Follow Pine Grove to left on Greenville Loop Road. Property on left just after you cross small bridge over Hewlett's Creek.

Property Exterior Info

New Construction: No Lot Acres: 7.56 Lot Dimensions: 550x568x530x658 Lot SqFt: 329314 Waterfront: No Waterview: No Location Type: Mainland Horses Y/N: Yes

Property Interior Info

Total SqFt - Heated (Primary + Separate): 1888 # Rooms: 5 # Baths - Full: 2 # Baths - Half: 0 # Baths - Total: 2 Master Bedroom Level: Primary Living Area Stories: 1 SqFt - Heated (Primary): 1888 # Bedrooms: 2

Legal & Taxes

Tax Assessed Value: 809900 Deed Book: 4037 Deed Page: 151 Legal: TR 1 Judith S Inscoe Div, TR 2 Judith S Inscoe Div Broker Owner: No PID: R06200-003-011-000 Tax Identifier: R06200-003-011-000 Plat Book: 0 Plat Page: 0 Special Assessments: no Tax Year: 2024 Zoning: r-15 HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: Winter Park Middle School: Roland Grise High School: Hoggard

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

On Site: 1

HOA and Neigh Amenities

No Amenities: 1

Construction

Wood Frame: 1

Lot Water Features

None: 1

Exterior Finish

Stucco: 1

Terms

Cash: 1 Conventional: 1 Commercial: 1

Fencing

Block: 1 Full: 1

Foundation

Crawl Space: 1

Patio and Porch Features

None: 1

Roof

Shingle: 1

Stories/Levels

One: 1

Road Type/Frontage

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

Cooling

Central Air: 1

Heated SqFt

1800 - 1999: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Utilities

Sewer Available: 1

Sewer

Municipal Sewer: 1

Interior Features

None: 1

Dining Room Type

Combination: 1

Horse Amenities

Barn: 1 Boarding Facilities: 1 Pasture: 1 Stable(s): 1 Trailer Storage: 1

Legal Taxes

Year Built: 1932

Status Change Info

Under Contract Date: 2024-12-30 Sold Price: $1,825,000 Sold Date: 2025-03-10

Property Features

Construction: Wood Frame Exterior Finish: Stucco Fencing: Block; Full Foundation: Crawl Space Parking Features: On Site Patio and Porch Features: None Roof: Shingle Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Utilities: Sewer Available Sewer: Municipal Sewer Interior Features: None Heated SqFt: 1800 - 1999 Dining Room Type: Combination HOA and Neigh Amenities: No Amenities Horse Amenities: Barn; Boarding Facilities; Pasture; Stable(s); Trailer Storage Terms: Cash; Conventional; Commercial
Listing Office: Keller Williams Innovate-Wilmington
IDX
Last Updated: March - 11 - 2025
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