Brunswick County NC Land & Home Lots for Sale

• 

  

  

  /4

  $1,500,000

  • Land
  • 0.45 Acre
  • $3,333,333 per Acre

  4 Inverness Ct, Bald Head Island, NC 28461

  Nestled on a generous second-row lot, this property promises breathtaking South Beach ocean views from the vantage of a two-story home. Imagine savoring sunsets from expansive wrap-around porches, designed to capture the beauty of the surrounding landscape. With convenient beach access and a short golf cart ride to the exclusive Rare opportunity - few lots offer such an impressive combination of

  Wendy Wilmot Wendy Wilmot Properties

  4 Inverness Ct, Bald Head Island, NC 28461
• 

  

  

  /4

  $2,995,000

  • Land
  • 0.72 Acre
  • $4,159,722 per Acre

  5 Dunedin Ct, Bald Head Island, NC 28461

  Discover a rare opportunity to own one of the last oceanfront lots in the prestigious Braemar community on South Beach. This stunning property offers unparalleled views of the Atlantic Ocean, providing the perfect backdrop for your dream coastal home. With a private boardwalk already in place, enjoy easy access to the pristine beach for serene morning walks or invigorating ocean swims. As the day

  Wendy Wilmot Wendy Wilmot Properties

  5 Dunedin Ct, Bald Head Island, NC 28461
• 

  

  

  /15

  $74,900

  • Land
  • 0.55 Acre
  • $136,182 per Acre

  Lot 5 Myrtlewood Dr SW, Carolina Shores, NC 28467

  APPROVED BUILDING LOT READY TO BUILD. WELL AND SEPTIC APPROVALS ALREADY ON FILE. SMALL AND EASY SEPTIC DESIGN SAVE MONEY IN WATER AND SEWER BILLS. Coastal Living nestled in Carolina Shores, with a low yearly HOA, just a short drive from The Seafood Capital of the World, Calabash, a highly sought after large near half acre lot, there is plenty of space to make loving memories with friends and

  Troy Jones Chicora Advantage, LLC dba Coldwell Banker Sea Coast Advantage

  Lot 5 Myrtlewood Dr SW, Carolina Shores, NC 28467
• 

  

  

  /12

  $75,000

  • Land
  • 0.38 Acre
  • $197,368 per Acre

  1326 Hewett Farms SE, Shallotte, NC 28470

  Gorgeous Corner Lot in Hewett Farms offers serene views of the marsh, golf course and wildlife. Beautiful mature trees provide cool shade and southern coastal atmosphere. The gentle sloping in rear of the lot may offer rare basement possibilities for a future residence in this quiet, quaint neighborhood. 3 Bedroom Septic is already in place, just waiting for your custom home to be built! Low HOA

  David Nelson CENTURY 21 Sunset Realty

  1326 Hewett Farms SE, Shallotte, NC 28470
• 

  

  

  /10

  $75,000

  • Land
  • 0.44 Acre
  • $170,455 per Acre

  651 Valverda St SW, Supply, NC 28462

  Beautiful wooded corner lot In Seascape Planation. The lot has plenty of hardwood trees. This gated community has so much to offer, miles of Walking Trails, Boat Marina, Boat Storage. The Clubhouse has a Sauna, Hot Tub, Fitness center, Ballroom, Library, Card Room, Indoor and Outdoor swimming pools. Seascape also offers a private Beach Club House on Holden Beach. The lot is sold in

  Tim Lail Coldwell Banker Sea Coast Advantage

  651 Valverda St SW, Supply, NC 28462
• 

  

  /10

  $695,000

  • Land
  • 0.49 Acre
  • $1,418,367 per Acre

  693 Lightwood Ln SW, Shallotte, NC 28470

  Imagine waking up to breathtaking panoramic views on nearly half an acre of pristine deep waterfront property! This serene setting is the epitome of tranquility. High in elevation, this extraordinary site is the perfect canvas for your dream home. Enjoy unforgettable moments boating, fishing, kayaking, and exploring in your own backyard. Keep your boat at your own private dock on the deep water

  Debbie Kinlaw CENTURY 21 Sunset Realty

  693 Lightwood Ln SW, Shallotte, NC 28470
• 

  

  /20

  $269,000

  • Land
  • 0.25 Acre
  • $1,076,000 per Acre

  2922 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2922 W Timber Crest Dr, Leland, NC 28451
• 

  

  /20

  $265,000

  • Land
  • 0.21 Acre
  • $1,261,905 per Acre

  2918 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2918 W Timber Crest Dr, Leland, NC 28451
• 

  

  /20

  $261,000

  • Land
  • 0.21 Acre
  • $1,242,857 per Acre

  2912 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2912 W Timber Crest Dr, Leland, NC 28451
• 

  

  /20

  $280,000

  • Land
  • 0.21 Acre
  • $1,333,333 per Acre

  2907 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2907 W Timber Crest Dr, Leland, NC 28451
• 

  

  /20

  $263,000

  • Land
  • 0.21 Acre
  • $1,252,381 per Acre

  2915 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2915 W Timber Crest Dr, Leland, NC 28451
• 

  

  /20

  $265,000

  • Land
  • 0.21 Acre
  • $1,261,905 per Acre

  2919 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2919 W Timber Crest Dr, Leland, NC 28451
• 

  

  /20

  $264,000

  • Land
  • 0.21 Acre
  • $1,257,143 per Acre

  2923 W Timber Crest Dr, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by nature, this exceptional homesite, nestled in the new North Ridge neighborhood, offers the perfect blend of natural beauty and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community that embraces the charm of coastal

  Steve Triola Compass Pointe Realty, LLC

  2923 W Timber Crest Dr, Leland, NC 28451
• 

  

  /16

  $522,900

  • Land
  • 0.10 Acre
  • $5,229,000 per Acre

  425 Dolphin St, Sunset Beach, NC 28468

  Come build your dream beach home on one of the last lots in award-winning Sunset Beach with 50ft canal waterfront, bulkhead with buildable boat dock, OCEAN ACCESS and BEACH ACCESS - 1 block down at the end of Dolphin Street. This 4150sq. ft. lot is 83x50ft. located on the northeast shore. Beach access leads to a pristine shoreline with a natural barrier of gorgeous wide beaches, lush dunes, and

  Tracy Dowling Homecoin.com

  425 Dolphin St, Sunset Beach, NC 28468
• 

  

  /3

  $69,000

  • Land
  • 0.18 Acre
  • $383,333 per Acre

  3723 Sunset Harbor Rd SE, Bolivia, NC 28422

  Zoned Commercial this is a good opportunity to have your business across from the busy gas station in a growing community.

  Leesa Snyder Sunset Harbor Realty LLC

  3723 Sunset Harbor Rd SE, Bolivia, NC 28422
• 

  

  /39

  $160,000

  • Land
  • 1.64 Acres
  • $97,561 per Acre

  879 Boxwood Ln SW, Supply, NC 28462

  Multiple lots, totaling 1.642 acres with Co-R-6000 zoning, which allows for manufactured, modular, and site built homes. Enjoy a quiet location that is only four miles from Holden Beach, making it a great location for a second home or year-round living. Don't miss out.....take a look today! Total of 5 separate lots (1 is a double lot), seller will consider selling lots separately. Back on the

  Brandon Thomas Coldwell Banker Sea Coast Advantage-Leland

  879 Boxwood Ln SW, Supply, NC 28462
• 

  

  /3

  $38,000

  • Land
  • 0.20 Acre
  • $190,000 per Acre

  3747 Palm St SE, Bolivia, NC 28422

  Great lot located in the heart of Sunset Harbor. This is one of 4 lots that encompass the corner of Palm and Gervais. Perfect for builder looking for a project that is located on a paved road, short walk to the water, and located in a sought after community.

  Leesa Snyder Sunset Harbor Realty LLC

  3747 Palm St SE, Bolivia, NC 28422
• 

  

  /20

  $60,000

  • Land
  • 0.35 Acre
  • $171,429 per Acre

  471 Kristen Ln SW, Supply, NC 28462

  Coastal Living Awaits at The Lakes at Lockwood! Septic Permit In Hand! Discover the perfect opportunity to build your dream home on this 0.38-acre water view lot in the desirable Lakes at Lockwood community, just minutes from Holden Beach! Nestled between Wilmington, NC, and Myrtle Beach, SC, this prime location offers the tranquility of lakefront living with the convenience of nearby city

  Michelle Roberts Coldwell Banker Sea Coast Advantage

  471 Kristen Ln SW, Supply, NC 28462
• 

  

  /18

  $295,000

  • Land
  • 0.23 Acre
  • $1,282,609 per Acre

  1216 Bella Vista Ln NE, Leland, NC 28451

  Don't miss this opportunity to live in one of the area's most sought-after communities. Located in the heart of Compass Pointe and surrounded by Cardinal Lake, this exceptional homesite, nestled in the new Harbor Cove neighborhood right by the amenities offers the perfect blend of exceptional lake views and modern convenience. Compass Pointe is a thoughtfully designed, master-planned community

  Steve Triola Compass Pointe Realty, LLC

  1216 Bella Vista Ln NE, Leland, NC 28451
• 

  

  /16

  $89,000

  • Land
  • 0.69 Acre
  • $128,986 per Acre

  246 Genoe's Point Rd SW, Lockwoods Folly, NC 28462

  Discover the ideal location for your dream home within the prestigious Lockwood Folly Golf Course Community! Situated on the mainland side of Holden Beach, NC, this community is just a five-minute drive from the ocean. The lot, notably oversized and situated at a high elevation, boasts breathtaking views of the 16th green and fairways, along with glimpses of the Lockwood Folly River. Nestled

  Cane Faircloth Ollie Raja Realty LLC

  246 Genoe's Point Rd SW, Lockwoods Folly, NC 28462
• 

  

  /16

  $225,000

  • Land
  • 0.23 Acre
  • $978,261 per Acre

  3672 Rivergate Way NE, Northwest, NC 28451

  This beautiful lakefront lot is located inside The Bluffs on the Cape Fear, a vibrant, master-planned community perched on a pristine stretch of the Cape Fear River. Just 15 minutes from the classic waterfront hometown of historic Wilmington, NC, The Bluffs is a private, coastal haven for the families who call it home. The unique vision of The Bluffs is realized every day: natural woodlands and

  Marc Wilson The Bluffs Real Estate Company

  3672 Rivergate Way NE, Northwest, NC 28451
• 

  

  /16

  $145,000

  • Land
  • 0.16 Acre
  • $906,250 per Acre

  1315 Star Grass Way, Leland, NC 28451

  One of the Last Remaining Homesites in Shelmore at Brunswick Forest.Discover the perfect blend of charm and convenience in one of the final available homesites in the sought-after Shelmore Neighborhood of Brunswick Forest. If you're looking for a peaceful retreat, this picturesque setting--surrounded by classic picket fences, vibrant landscaping, and open green spaces--offers the ideal foundation

  Debby Daigle RE/MAX Essential

  1315 Star Grass Way, Leland, NC 28451
• 

  

  /9

  $120,000

  • Land
  • 0.58 Acre
  • $206,897 per Acre

  487 Hearthside Dr SE, Bolivia, NC 28422

  Located in the Gated Section of River Sea Plantation, this property sits at the end of a Cul de sac, backing up to nature and the Lockwood Folly River beyond, giving you privacy and a quiet backyard. It measures over 1/2 acre with 184' along the back line.River Sea Plantation is a premier gated community of approximately 540 acres situated, boat ramp and dock on the Lockwood Folly River,

  Brian Donohue Coldwell Banker Seacoast Advantage

  487 Hearthside Dr SE, Bolivia, NC 28422
• 

  

  /8

  $35,000

  • Land
  • 0.35 Acre
  • $100,000 per Acre

  587 S Seascape Blvd SW, Supply, NC 28462

  Located in the gated community of Seascape in the Village Green section, this lot of over 1/3 Acre backs up to a nature preserve affording privacy and a relaxing back yard. The amenities for this community include The Grand Manor House with both indoor and outdoor pools. Fitness center and large dining area with kitchen for community events. Additionally, there is a private marina and a beach

  Brian Donohue Coldwell Banker Seacoast Advantage

  587 S Seascape Blvd SW, Supply, NC 28462
• 

  

  /16

  $165,000

  • Land
  • 0.40 Acre
  • $412,500 per Acre

  3481 Belle Meade NE, Leland, NC 28451

  Gated Riverfront Living, Boundless Joy in Nature :: The Bluffs on the Cape Fear is a vibrant, master-planned community perched on a pristine stretch of the Cape Fear River. Just 15 minutes from the classic waterfront hometown of historic Wilmington, NC, The Bluffs is a private, coastal haven for the families who call it home. The unique vision of The Bluffs is realized every day: natural

  Marc Wilson The Bluffs Real Estate Company

  3481 Belle Meade NE, Leland, NC 28451
• 

  

  /35

  $108,000

  • Land
  • 0.30 Acre
  • $360,000 per Acre

  209 Planter's Ridge Dr, Sunset Beach, NC 28468

  Here is your future home site in the active and amenity-rich community of Sea Trail! Located on a quiet street in a terrific neighborhood of the community, this high and dry lot is ready for a new set of owners! Envision your dream home here, in quaint Sunset Beach, near multiple conveniences such as grocery stores, restaurants, shops and healthcare and 5 minutes from the pristine sands of Sunset

  Colleen Teifer Silver Coast Properties

  209 Planter's Ridge Dr, Sunset Beach, NC 28468
• 

  

  /29

  $675,000

  • Land
  • 3.81 Acres
  • $177,165 per Acre

  3090 Southport-Supply Rd SE, Bolivia, NC 28422

  High-Exposure Commercial Land in a Rapidly Expanding Market!This 3.81-acre parcel presents a golden opportunity for investors and developers alike. Located just 0.6 miles from the bustling Midway 211 intersection, this property offers endless potential for retail, office space, or mixed-use development. With 200 feet of prime road frontage, your business will benefit from maximum visibility in

  Crystal Tartt Doe Creek Realty

  3090 Southport-Supply Rd SE, Bolivia, NC 28422
• 

  

  /39

  $1,790,000

  • Land
  • 84 Acres
  • $21,310 per Acre

  84 Acre Private Island Cape Fear Rive, Leland, NC 28451

  Private Island for Sale: +/-84 Acres on Cape Fear River, Brunswick County, NCDiscover a rare chance to own a +/-84-acre private island for sale on the Cape Fear River in stunning Brunswick County, North Carolina. Just 26 minutes by boat from Wilmington's Dram Tree Park launch, this secluded coastal estate delivers unmatched privacy, natural beauty, and investment potential--one of the last

  Carroll Harrod Keller Williams Innovate - Jax

  84 Acre Private Island Cape Fear Rive, Leland, NC 28451
• 

  

  /4

  $795,000

  • Land
  • 0.75 Acre
  • $1,060,000 per Acre

  3 Windy Point Rd SW, Supply, NC 28462

  It's all about the VIEW! This beautiful land is located at the very end of a secluded peninsula surrounded by live oaks and marsh land with mile-wide views of the Intracoastal Waterway, Holden Beach and the Shallotte River. Talk about a very private and peaceful area! Own your own part of Windy Point, as it has been known for almost 100 years! The marshlands surround uplands boasting unmatched

  Carey McClure Coldwell Banker Sea Coast Advantage

  3 Windy Point Rd SW, Supply, NC 28462
• 

  

  /22

  $399,900

  • Land
  • 0.25 Acre
  • $1,599,600 per Acre

  121 SW 13th St, Oak Island, NC 28465

  Looking for a perfect lot to build your dream home ? This level lot sits on the canal boasting beautiful oak trees. Enjoy the serene setting on a dead end street. Bulkhead is in place for this large deep lot with a great water view ! Although a quiet setting, you are just minutes away from the beach, grocery stores, restaurants and more. Don't miss out on this rare find on Oak Island!!

  Keith Gray Margaret Rudd Assoc/O.I.

  121 SW 13th St, Oak Island, NC 28465
• 

  

  /22

  $529,000

  • Land
  • 0.25 Acre
  • $2,116,000 per Acre

  5 Sea Lavender Ct, Bald Head Island, NC 28461

  Incredible opportunity for protected ocean views from one of the preferred locations on the island. Sea Lavender Court is a short (less than one block) quiet cul-de-sac lane anchored by one of the most historical homes on the island the ''Old Boathouse'' which previously was one of the original surfboat storage buildings for the US Lifesaving Service (precursor to the Coast Guard). This

  Douglas Oakley Intracoastal Realty

  5 Sea Lavender Ct, Bald Head Island, NC 28461
• 

  

  /47

  $75,000

  • Land
  • 0.48 Acre
  • $156,250 per Acre

  706 Liddell Place SE, Bolivia, NC 28422

  Welcome to 706 Liddell Place SE, Bolivia, NC 28422 - where coastal dreams come true! Discover the allure of waterfront living on this remarkable homesite, 1 of only 3 coveted waterfront lots in the prestigious Mill Creek Cove community. Situated on the picturesque Mercers Mill Pond, this property offers an unparalleled panorama of serene water and lush marshland. The tranquil Mercers Mill Pond

  Stephanie Spencer RE/MAX at the Beach / Oak Island

  706 Liddell Place SE, Bolivia, NC 28422
• 

  

  /37

  $212,000

  • Land
  • 0.78 Acre
  • $271,795 per Acre

  3549 Beaver Creek Dr SE, Saint James, NC 28461

  Beautiful, large .77 acre homesite in desirable St. James Plantation. Enjoy nature with serene wooded nature views along the entire length of the back of the lot backing up to the creek and marsh. Sellers have a Survey on hand and information on buildable area. Within a short distance to the Founders Club that features a bar & grille, 6 tennis court complex, outdoor swimming, tennis & golf pro

  Heather Smith Keller Williams Innovate-Pleasure Island

  3549 Beaver Creek Dr SE, Saint James, NC 28461
• 

  

  /6

  $99,800

  • Land
  • 0.25 Acre
  • $399,200 per Acre

  9075 National Ave NE, Leland, NC 28451

  Prime residential lot in the sought-after neighborhood of Parkwood Estates --cleared, prepped, and ready for your dream home! This well-established community has seen a surge of new construction, making it an excellent investment opportunity.Situated just outside Leland city limits, this lot offers the perfect balance of convenience and tranquility. Enjoy easy access to shopping, dining, and area

  Marie Griffin Dana Blanks Real Estate Inc.

  9075 National Ave NE, Leland, NC 28451
• 

  

  /30

  $325,000

  • Land
  • 5 Acres
  • $61,553 per Acre

  634 Persimmon Rd SW, Calabash, NC 28467

  This unique property spans approximately 5.28 acres, providing ample space for a custom-built home or recreational activities. Located in a tranquil area, it offers a serene environment while being just a short drive from the vibrant communities of Calabash and Sunset Beach. Nearby, you'll find pristine beaches, golf courses, and a variety of dining options, including the renowned seafood

  Jonathan Ennis Coldwell Banker Sea Coast Advantage

  634 Persimmon Rd SW, Calabash, NC 28467
• 

  

  /16

  $64,999

  • Land
  • 3.93 Acres
  • $16,539 per Acre

  637 Squirrel Run SW, Supply, NC 28462

  If privacy, space, and outdoor adventure are on your wish list, this 3.93-acre lot in Seaside Bay is the one you've been waiting for! Located in a gated community, with plenty of room to build your dream home, with a buffer behind you or even a backyard retreat, this property gives you endless possibilities. Whether you're looking for an outdoor lover's paradise or just want to enjoy the perks of

  Danielle Stewart Century 21 Collective

  637 Squirrel Run SW, Supply, NC 28462
• 

  

  /17

  $529,000

  • Land
  • 0.81 Acre
  • $653,086 per Acre

  1&2 Shoreline Dr W, Sunset Beach, NC 28468

  One of few remaining ICW front lots available in award winning, Sunset Beach! This large, 0.8 acre lot is on high ground and offers amazing ICW views, 160'+ of marsh front and is located in an 'X' flood zone, flood insurance is not required! Not to mention, municipal water and sewer are both available. Bring your custom builder and your dream home drawings to this Shoreline Drive address! Only 5

  The Crowell Team Coldwell Banker Sea Coast Advantage

  1&2 Shoreline Dr W, Sunset Beach, NC 28468
• 

  

  /30

  $207,900

  • Land
  • 0.33 Acre
  • $630,000 per Acre

  591 Lot 33 Eastwood Park Rd, Sunset Beach, NC 28468

  Prime Lot for Sale on Byrd Golf Course, located in the Eastwood Park Section of Sea Trail. Build your dream home in the highly sought-after Sea Trail Plantation community! Being situated directly on the golf course, this lot offers stunning unobstructed views. Property ownership in Sea Trail includes access to numerous recreational amenities including three golf courses, two swimming pools, a

  Joe Opera CENTURY 21 Sunset Realty

  591 Lot 33 Eastwood Park Rd, Sunset Beach, NC 28468
• 

  

  /31

  $116,900

  • Land
  • 0.26 Acre
  • $449,615 per Acre

  975 Lot 35 Oyster Pointe Dr, Sunset Beach, NC 28468

  Don't miss the opportunity to build your own dream home on a cul-de-sac lot in the desirable Oyster Pointe neighborhood of Sea Trail. Overlooking the 6th green of Oyster Bay Golf Course, this lot provides a peaceful, scenic setting in a quiet coastal town. As a resident of Sea Trail, you'll enjoy endless opportunities for both recreation and relaxation with access to three championship golf

  Joe Opera CENTURY 21 Sunset Realty

  975 Lot 35 Oyster Pointe Dr, Sunset Beach, NC 28468
• 

  

  /17

  $68,000

  • Land
  • 0.36 Acre
  • $188,889 per Acre

  712 Beaufain St SW, Supply, NC 28462

  Build Your Dream Home in Seascape at Holden PlantationDiscover the charm of Seascape at Holden Plantation, the area's onlygated coastal community with direct access to the Atlantic Ocean. Thisstunning neighborhood showcases timeless Charleston-style architectureand offers an unparalleled coastal lifestyle.Seascape Marina is just a short walk away, featuring a full-service marinawith a dedicated

  Marilyn Worthington Intracoastal Realty Corp

  712 Beaufain St SW, Supply, NC 28462

Showing Results 401 - 440, Page 11 of 18