5500 Peden Point Road, Wilmington, NC 28409
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
5500 Peden Point Road,Wilmington, NC 28409
$2,100,000
- 1.74 Acres
- Lots / Land
- Active
Listed by:diana m setaro
Office:re/max at the beach / oak island
MLS#:100486145
Source:NC_CCAR
Price summary
- Price:$2,100,000
About this home
For Sale: Prime 1.74-Acre Waterfront Property on the Intracoastal Waterway - Wilmington, NC
Discover endless possibilities with this rare 1.74-acre gem located on the stunning Intracoastal Waterway in Wilmington, North Carolina. Whether you're a savvy investor, a developer, or someone seeking the perfect waterfront opportunity, this property offers unmatched potential.
Property Highlights:
Prime Location: Situated in a highly desirable area of Wilmington, NC, with direct access to the Intracoastal Waterway.
Development Potential: Zoned for residential use, allowing the development of up to five single-family homes.
Income Opportunity: Currently operates as a thriving mobile home park, generating $6,500 in monthly income.
Waterfront Lifestyle: Stunning views, serene surroundings, and direct waterway access. Ideal for boating, fishing, and enjoying the coastal lifestyle.
Proven Value: An excellent investment opportunity with flexible options for future growth. Keep the existing mobile home park for steady income, currently 6500 per month, 4 of the 6 mobile homes convey with the land.
Transform this property into a beautiful residential community with up to five custom homes. This is a rare chance to own waterfront acreage with income-generating potential in one of North Carolina's most sought-after coastal cities.
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Home facts
- Listing Id #:100486145
- Added:196 day(s) ago
- Updated:August 16, 2025 at 10:16 AM
Structure and exterior
- Lot area:1.74 Acres
Schools
- High school:Ashley
- Middle school:Myrtle Grove
- Elementary school:Bellamy
Utilities
- Water:Shared Well, Well
Finances and disclosures
- Price:$2,100,000
- Tax amount:$6,677 (2024)
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