NOT LISTED FOR SALE

230 Summer Rest Rd Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $1,805,000 - $3,961,606

0.59 Acre
$4,886,954 Price per Acre
25,700 Sq Ft Lot

Last Sold July 02, 2021

Last sale price $3,200,000

Est. 10% decrease in value since last sale

Current estimated payment $17,746/month

695 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 166 Feet of Waterfront
  • Marsh on Lot
  • Wrightsville Beach Elementary School Rated A-
  • Wetlands on Lot
  • Maintained Community

About This Lot

As of July 2021

1 if by land! 2 if by sea! Perhaps Wilmington's most sought after address, Summer Rest, at the foot of the scenic drawbridge to Wrightsville Beach provides easy walking access to the loop, Airlie Gardens, over 30 restaurants and the area's best shops. With only four home sites comprising Summer Rest Estates, each lot includes two 30 foot boat slip and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate lot and start enjoying the best life. . . By land or by sea!

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 06/07/2019

Intracoastal Realty Corp

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,379

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 147 x 137 x 103 x 64 x 211
  • 166 Feet of Waterfront
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R-20

HOA Fees

  • $21 Monthly HOA Fees

Schools

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

Additional Features

  • Water Views
  • Water Rights

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R05714-003-003-000

Community Details

Overview

  • Summer Rest HOA, Phone Number (910) 232-8850
  • Summer Rest Subdivision
  • Maintained Community

Recreation

  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$14,379

Lot Details

0

HOA Fees

$21 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 147
  • Water Frontage: 166.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • Annual HOA: 250.00
  • HOA Company: Summer Rest HOA
  • HOA Phone: 9102328850

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 6208
  • Deed Page: 503.00
  • Lot Description: Deeded Water Rights, Subdivision, Wetlands
  • Lot Dimensions: 147 x 137 x 103 x 64 x 211
  • Lot Number: 4
  • Lot Sq Ft: 25683.00
  • Lot Water Features: Deeded Water Rights, Water Access Comm
  • Plat Book: 36
  • Plat Page: 358
  • Zoning: R-20
  • Acres: 0.59
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 5754237.29
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Marsh/Wetland
  • Lot Number2: 4

Tax Info

  • Tax Identifier: R05714-003-003-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 14379.00
  • Deferred Taxes: No

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $3,200,000 -5.7% --
05/02/2021 05/02/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $3,395,000 +1.3% --
01/02/2021 01/02/21 For Sale $3,350,000 0.0% --
01/02/2021 01/02/21 Price Changed $3,350,000 +4.7% --
12/31/2020 12/31/20 Off Market $3,200,000 -- --
06/07/2019 06/07/19 For Sale $3,250,000 -- --
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
2025 $29,266 $4,363,600 $3,981,500 $382,100
2023 $29,266 $3,363,900 $3,014,200 $349,700
2022 $28,593 $3,363,900 $3,014,200 $349,700
2021 $28,788 $3,363,900 $3,014,200 $349,700
2020 $14,379 $1,365,000 $1,365,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Vance Young

    Seller's Agent in 2021

    Vance Young

    Intracoastal Realty Corp

    (910) 232-8850

    173 in this area

    874 Total Sales

    Vance Young
    Section Image

  • A

    Buyer's Agent in 2021

    A Non Member

    A Non Member

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Map

Source: Hive MLS

MLS Number: 100169663

Hive MLS

APN: R05714-003-016-000

North Carolina New Hanover County Wilmington 28405 Landfall

230 Summer Rest Rd, Wilmington, NC

This home is located at 230 Summer Rest Rd, Wilmington, NC 28405 since 07 June 2019 and is currently estimated at $2,883,303. 230 Summer Rest Rd 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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