NOT LISTED FOR SALE

2024 Pelican Reach Place Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $3,291,000 - $3,883,560

1.55 Acres
$2,301,195 Price per Acre
67,518 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $710,000

Est. 402% increase in value since last sale

Current estimated payment $20,743/month

115 Days on Market

Highlights

  • 324 Feet of Waterfront
  • Gated Community
  • Cul-De-Sac
  • Wrightsville Beach Elementary School Rated A-
  • 1.55 Acre Lot
  • Community Playground

About This Lot

As of December 2020

One of the last large lots left in Landfall on which to build your dream home. 1.5 acres with pond, marsh and surrounding scenic views. You even have own private island. Imagine the possibilities. Cul-se-sac setting with beautiful homes surrounding is a short walk to the Nicklaus Club House. You are close to Mayfair shopping, great restaurants and Wrightsville Beach.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 06/15/2020

Intracoastal Realty Corp

Last Buyer's Agent

Alison Bernhart

Landfall Realty, LLC License #129378

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,359

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 82x558x324x233
  • 324 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $282 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Assessor Parcel Number R05110-008-011-000

Community Details

Overview

  • Master Insurance
  • Landfall HOA
  • Landfall Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,359

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 82
  • Water Frontage: 324.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Maint - Comm Areas, Maint - Roads, Master Insure, Mgmt Fee, Playground, Security, Street Lights, Tax Comm Areas, Trails
  • Annual HOA: 3386.50
  • HOA Company: Landfall HOA
  • HOA Phone: 910

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5140
  • Deed Page: 2688.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 82x558x324x233
  • Lot Sq Ft: 67518.00
  • Plat Book: 37
  • Plat Page: 119
  • Zoning: R-20
  • Acres: 1.55
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 500000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R05110-008-011-000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 3359.00

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Bill Clark Homes Of Wilmington Llc
Bought by
Clark Edward H
Current Estimated Value
$3,566,853

Purchase Details

Listed on
Jun 15, 2020
Closed on
Nov 25, 2020
Sold by
Rangra Vinod K and Vinod K Rangra Revocable Trust
Bought by
Bill Clark Homes Of Wilmington Llc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Alison Bernhart
Landfall Realty, LLC
List Price
$775,000
Sold Price
$710,000
Premium/Discount to List
-$65,000
-8.39%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Rangra Vinod K
Bought by
Rangra Vinod K and Vinod K Rangra Revocable Trust

Purchase Details

Closed on
Feb 8, 2007
Sold by
South 17Th Street Partners Llc
Bought by
Rangra Vinod K and Bhat Lakshmi

Purchase Details

Closed on
Jun 9, 2006
Sold by
Valentino Michael V and Valentino Dawn R
Bought by
South 17Th Street Partners Llc

Purchase Details

Closed on
Sep 23, 2005
Sold by
Rothschild Lloyd R and Chisum Dennis D
Bought by
Valentino Michael V

Purchase Details

Closed on
May 13, 2005
Sold by
Carter Wallace Thomas and Carter Teresa A
Bought by
Rothschild Lloyd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 21, 1998
Sold by
Landfall Associtates
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Feb 26, 1998
Sold by
Landfall Associates
Bought by
Carter W Thomas Teresa A

Purchase Details

Closed on
Jul 1, 1987
Bought by
Landfall Associates
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clark Edward H $2,659,000 --
Bill Clark Homes Of Wilmington Llc $710,000 None Available
Rangra Vinod K -- None Available
Rangra Vinod K $545,000 None Available
South 17Th Street Partners Llc $600,000 None Available
Valentino Michael V $589,000 None Available
Rothschild Lloyd R -- None Available
Rothschild Lloyd R $387,500 None Available
New Han Cnty Water/Sewer -- --
Carter W Thomas Teresa A $168,000 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rothschild Lloyd R $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $710,000 -8.4% --
10/08/2020 10/08/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $775,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $17,493 $2,010,700 $679,300 $1,331,400
2022 $7,902 $929,700 $679,300 $250,400
2021 $5,813 $679,300 $679,300 $0
2020 $3,359 $318,900 $318,900 $0
2019 $3,359 $318,900 $318,900 $0
2018 $3,359 $318,900 $318,900 $0
2017 $3,359 $318,900 $318,900 $0
2016 $2,650 $239,200 $239,200 $0
2015 $2,533 $239,200 $239,200 $0
2014 $2,425 $239,200 $239,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Vance Young

    Seller's Agent in 2020

    Vance Young

    Intracoastal Realty Corp

    (910) 232-8850

    177 in this area

    881 Total Sales

    Vance Young
    Section Image
  • Alison Bernhart

    Buyer's Agent in 2020

    Alison Bernhart

    Landfall Realty, LLC

    (910) 232-8844

    82 in this area

    84 Total Sales

    Alison Bernhart
    Section Image
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Map

Source: Hive MLS

MLS Number: 100222334

Hive MLS

APN: R05110-008-011-000

North Carolina New Hanover County Wilmington 28405 Landfall

2024 Pelican Reach Place, Wilmington, NC

This home is located at 2024 Pelican Reach Place, Wilmington, NC 28405 since 15 June 2020 and is currently estimated at $3,566,853. 2024 Pelican Reach Place is a home located in New Hanover County with nearby schools including Wrightsville Beach Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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