$3,718,000
SOLD JUL 25, 2025
0.59 Acre
$6,301,695 Price per Acre
25,700 Sq Ft Lot

Recently Sold

2% Below List Price

277 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 128 Feet of Waterfront
  • Community Boat Slip
  • Wrightsville Beach Elementary School Rated A
  • Marina
  • Boat Slip

About This Lot

As of July 2025

Looking to build your custom dream home on one of the most iconic and picturesque streets in Wilmington then this homesite is for you! Situated among historic oaks and located on the Intracoastal Waterway across from Wrightsville Beach makes it an ideal location for boaters and beach lovers. Enjoy relaxing on the waterway pier and dock that will accommodate up to 4 / 40+ft boat slips with plenty of entertaining space to spend the day or evening enjoying the scenic views on the multilevel gazabo along the ICWW and tidal marshes full of birds and aquatic life. This distinguished property is one of only two properties on Summer Rest that has a buildable lot. Looking for an even better view to see the world prior to building climb up into the lookout platform in one of the oak trees and get a whole new perspective. Nestled on a neighborhood street with little outside traffic feel comfortable taking a stroll through the community with ease access to cross country bike trails, the Summer Rest Trails, Wrightsville Beach and area shopping, dining and entertainment within minutes. Get on your boat and head out to Masonboro Island or Masons Inlet beaches within a short distance, or better yet take your paddle board or kayak and explore Palm Tree Island and the expansive winding marshes of Lees Cut and beyond. Wake up everyday to beautiful sunrises and end the day with a gorgeous moonrise, not to mention the wonderful prevailing breezes that this location offers.

Last Agent to Sell the Property

Eva Elmore

Intracoastal Realty Corp License #143240 Listed on: 08/15/2024

Intracoastal Realty Corp

Last Buyer's Agent

Amy Neathery

Landmark Sotheby's International Realty License #273753

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.59 Acre Lot
  • 128 Feet of Waterfront
  • Home fronts a sound
  • Property is zoned R-20

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • New Hanover High School

Utilities

  • Water Rights
  • Co-Op Water

Additional Features

  • Intracoastal Views
  • Partial Basement

Listing and Financial Details

  • Assessor Parcel Number R05714-003-004-000

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Summer Rest Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Boat Slip
  • Marina
  • Deeded Waterfront Access Rights
  • Access to marsh
  • Boat Slip

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Deed Page: 1800.00
  • Directions To Property: Eastwood Rd to just before ICWW Bridge take a left on Summer Rest lot is on the left side across from 303 Summer Rest Rd
  • Document Count: 4
  • Elementary School: Wrightsville Beach
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Partial
  • Fuel Tank: None
  • High School: New Hanover
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Slip - Assign, Water, Taxes, Maint - Comm Areas, Master Insure, Marina
  • Listing I D: 100461131
  • Location Type: Island
  • Lot Description: Deeded Water Rights, See Remarks
  • Lot Sq Ft: 25548.00
  • Lot Water Features: Boat Slip, Deeded Water Access, Salt Marsh, Dock, Deeded Waterfront, Deeded Water Rights
  • Marketing City: Wilmington
  • Middle School: Noble
  • M L S Approved: Y
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: Standard
  • Subdivision: Summer Rest
  • Tax Identifier: R05714-003-004-000
  • Tax Year: 2023
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: R-20
  • Acres: 0.59
  • Buildigson Property: None
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Priceper Acre: 6440677.97
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks
  • Water Frontage: 127.50
  • Road Frontage Type: ICW Front, Sound Front
  • Lot View Type: ICW View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Available

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $3,718,000 -2.2% --
05/19/2025 05/19/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $3,800,000 0.0% --
03/31/2025 03/31/25 Off Market $3,800,000 -- --
03/03/2025 03/03/25 For Sale $3,800,000 0.0% --
02/05/2025 02/05/25 Off Market $3,800,000 -- --
11/18/2024 11/18/24 Price Changed $3,800,000 -4.9% --
08/30/2024 08/30/24 Price Changed $3,995,000 -4.9% --
08/15/2024 08/15/24 For Sale $4,200,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100461131

Hive MLS