$980,000
SOLD APR 2, 2026

2787 Malmo Loop Rd NE Leland, NC 28451

47.62 Acres
$20,580 Price per Acre
2,074,327 Sq Ft Lot

Sale Details

Date Sold: April 2, 2026

0 Day on Market

About This Lot

As of April 2026

Located in one of Brunswick County's fastest-growing corridors, 2787 Malmo Loop Road NE represents an exceptional buy-and-hold opportunity for investors seeking future development upside. Situated just minutes from the Terrapin development and the expanding Highway 87 corridor, the property lies directly in the path of continued residential growth and infrastructure expansion. The tract encompasses approximately 47 acres, with an outstanding 44 acres of uplands and only about 3 acres of wetlands, creating a highly favorable foundation for future entitlements once sewer infrastructure reaches the area. Water and electricity are available nearby, and sewer is currently located approximately one mile away near the Terrapin development, with ongoing expansion expected as surrounding projects move forward. In the interim, the property offers immediate recreational value and usability, allowing an owner to enjoy the land today while holding it for long-term appreciation. Numerous nearby tracts in this corridor have already gone under contract for residential development purposes, further supporting the area's strong growth trajectory. With its high upland ratio, proximity to active development, and location in the booming Brunswick County market just 25 minutes from Wilmington, this property stands out as a strategic land investment—ideal for recreational enjoyment now and future entitlement and development potential down the road.

Last Agent to Sell the Property

Kenyon Realty Group

Intracoastal Realty Corporation Listed on: 01/02/2026

Intracoastal Realty Corporation

Last Buyer's Agent

Kenyon Realty Group

Intracoastal Realty Corporation Listed on: 01/02/2026

Intracoastal Realty Corporation

Property Details

Property Type

  • Land

Lot Details

  • 47.62 Acre Lot
  • Property fronts a state road
  • Property is zoned RR

Schools

  • Town Creek Elementary School
  • Leland Middle School
  • North Brunswick High School

Listing and Financial Details

  • Assessor Parcel Number 02700066

Property Details

Property Type

Land

Lot Details

47.62 Acres

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Undeveloped
  • Original List Price: 980000.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 20579.59
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: City Street, State Road
  • Waterfront?: No

Schools

  • Elementary School: Town Creek
  • High School: North Brunswick
  • Junior High Dist: Brunswick County Schools
  • Middle Or Junior School: Leland

Lot Info

  • Deed Book: 4840
  • Deed Page: 1210.00
  • Zoning: RR
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped,Wooded
  • Lot Size Acres: 47.62
  • Lot Size Sq Ft: 2074327.00
  • Purchase Contract Date: 2026-01-02
  • Parcel#: 02700066
  • Cobra Zone Y N: No
  • Deed Restriction Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2025
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: 02700066
  • Tax Other Assessment Amount Frequency: None
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Sold $980,000 0.0% --
01/02/2026 01/02/26 Pending -- -- --
01/02/2026 01/02/26 For Sale $980,000 -- --
Source: Hive MLS

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100547170

Hive MLS
Your Personal Tour Guide

Ask me questions while you tour the home.