Off Wharf Landing Dr, Edenton, NC 27932

$1,200,000
Property Type: Land Lot Size (sq. ft.): 1,828,213 Status: Closed
Current Price: $1,200,000 List Date: 12/06/2022 Last Modified: 4/25/2023

Description

Prime waterfront property (41.97 ac) located in Wharf Landing condominiums & marina on the northwestern shoreline of Chowan River next to the Hwy 17 bridge only 5 minutes from downtown Edenton. Extraordinary development opportunity for commercial builder / developer. Phase 1 w/ 42 units completed & sold out. Future phases have potential for up to 132 additional condos and includes 2 boat basins with (92 slips permitted & 74 to be permitted. Proposed site plan available upon request.

More Information MLS# 100360629

Contract Info

Delayed Marketing?: No Sub-Type: Residential Land Auction: No List Price/Acre: 45270.43 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2022-12-05 Listing Price: 1900000 Current Price: $1,200,000

Location Information

City Limits: Yes Marketing City: Edenton Secondary Subdivision: N/A Street #: Off Street Name: Wharf Landing Dr County: Chowan State/Province: NC Zip Code: 27932 Subdivision: Other Geo Lat: 36.051789 Geo Lon: -76.680073

Remarks and Showing

Sign on Property: No Directions to Property: Take Edenton exit 224j off Hwy 17 and go west short distance then left at 51 House sign on Wharf Landing Road. Follow service road down turn left at end on Wharf Landing Drive. Go through entrance and follow back to existing condo buildings and future development areas..

Property Exterior Info

Acres - Total: 41.97 Lot SqFt: 1828213 Deed Restriction: Yes Waterfront: Yes Total Road Frontage: 1000 Waterview: Yes Location Type: Mainland Water Frontage: 1000

Legal and Taxes

Tax Assessed Value: 1801790 Deed Book: 499,256,326,169 Deed Page: 172696748 Legal: Consist of 4 PIN parcels . . . 688400555970, 688400554984, 688400568142, 688400559172. Broker Owner: No PID: C legal description Tax Identifier: See Remarks Plat Book: 271, 324, OCB 1, OPC 3 Plat Page: 00896, 00294, 74-80, 0006G Special Assessments: No Tax Year: 2021 Zoning: R10 HOA: No Cobra Zone: No Elementary School: White Oak/D F Walker Elementary School 2: Charter School Middle School: Chowan Middle School High School: John A. Holmes High

Current Use

Development: 1 Multi-Family: 1 Residential: 1 Vacant: 1 Other: 1

Bldgs on Property

Covered Area: 1 Garage: 1 Shed(s): 1 Storage: 1

HOA and Neigh Amenities

Clubhouse: 1 Flood Insurance: 1 Maint - Grounds: 1 Maint - Roads: 1 Management: 1 Master Insure: 1 Pool: 1 Sidewalk: 1 Storage: 1 Street Lights: 1 Trash: 1

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

Marina Front: 1 River: 1 See Remarks: 1 Sound Front: 1

View Type

Marina: 1 River: 1 See Remarks: 1 Sound View: 1 Water: 1

Topography

Cleared: 1 Flood Plain: 1 Level: 1 Undeveloped: 1 See Remarks: 1

Lot Water Features

Boat Slip: 1 Boat Ramp: 1 Bulkhead: 1 Dock: 1 Harbor: 1 Pier: 1 Sailboat Accessible: 1 Sound Side: 1 Water Depth 4+: 1

Current Service Providers

Electric Provider: Town of Edenton Internet Service Provider(s): Media Com Water Provider: Chowan County

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Fuel Tank

None: 1

Environmental Hazard

No: 1

Lot Description

Cul-De-Sac: 1 Dead End: 1 Development: 1 Level: 1 Sailboat Accessible: 1 Subdivision: 1 Water Depth 4+: 1 See Remarks: 1

Road Type/Frontage

Maintained: 1 Paved: 1 Private Road: 1 Public (City/Cty/St): 1 Service Road: 1

Utilities

Electricity Available: 1 Propane: 1 Sewer Available: 1 Underground Utilities: 1

Sewer

Pump Station: 1 County Sewer: 1 Municipal Sewer: 1

Status Change Info

Under Contract Date: 2023-03-17 Sold Price: $1,200,000 Sold Date: 2023-04-24

Property Features

Current Use: Development; Multi-Family; Residential; Vacant; Other Bldgs on Property: Covered Area; Garage; Shed(s); Storage Soil Evaluation: Soil Evaluation - No Frontage Type: Marina Front; River; See Remarks; Sound Front Topography: Cleared; Flood Plain; Level; Undeveloped; See Remarks View Type: Marina; River; See Remarks; Sound View; Water Fencing: None Fuel Tank: None Environmental Hazard: No Lot Description: Cul-De-Sac; Dead End; Development; Level; Sailboat Accessible; Subdivision; Water Depth 4+; See Remarks Utilities: Electricity Available; Propane; Sewer Available; Underground Utilities Sewer: County Sewer; Municipal Sewer Lot Water Features: Boat Ramp; Boat Slip; Bulkhead; Dock; Harbor; Pier; Sailboat Accessible; Sound Side; Water Depth 4+ HOA and Neigh Amenities: Clubhouse; Flood Insurance; Maint - Grounds; Maint - Roads; Management; Master Insure; Pool; Sidewalk; Storage; Street Lights; Trash Terms: Cash; Conventional
Listing Office: Albemarle Sound Property Advisors
IDX
Last Updated: April - 25 - 2023
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