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5301 Peden Point Road

Wilmington, NC 28409

$1,199,999

$519 per Sq.Ft.

  • Active
  • 3 beds
  • 2 baths
  • 2313 Sq. Ft.
  • Residential
  • Built in 1974
  • MLS #100448036
3 beds
2 baths
2313 Sq. Ft.
Residential
Built in 1974
MLS #100448036
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.


Interior Features

Total bedrooms
3 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Interior features
Master downstairs, ceiling fan(s), pantry
Flooring
Lvt/lvp
Cooling
Central air
Heating
Electric, heat pump


Exterior Features

Lot size
3.5 acres
Lot features
Horse farm, farm, pasture, wooded
Water front
No
Fencing
Back yard, wood
Exterior features
Brick veneer
Roof
Shingle


HOA Information

HOA
No




Schools

Elementary school
Bellamy
Middle school
Myrtle Grove
High school
Ashley


Other Information

Tax assessed value
$331,100.00
Tax amount
$1,730.00
Tax year
2023
Zoning
R-15


Listing provided courtesy of: Berkshire Hathaway HomeServices Carolina Premier Properties. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

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