$3,718,000
SOLD JUL 25, 2025
0.59 Acres
$6,301,695 Price per Acre
25,548 Sq Ft Lot

Sale Details

Date Sold: July 25, 2025

2% Below List Price

277 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 128 Feet of Waterfront
  • Docks
  • Wrightsville Beach Elementary School Rated A
  • Marina
  • Assigned 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: 05/02/2025

Intracoastal Realty Corp

Last Buyer's Agent

Amy Neathery

Ivester Jackson Christie's License #273753

Property Details

Property Type

  • Land

Lot Details

  • 25,548 Sq Ft Lot
  • Property fronts a marsh
  • 128 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a state road
  • Marsh on Lot
  • Property is zoned R-20

Schools

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

Additional Features

  • Partial Basement
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number R05714-003-004-000

Community Details

Overview

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

Recreation

  • Marina
  • Deeded Waterfront Access Rights
  • Assigned Boat Slip
  • Boat Slip
  • Docks

Property Details

Property Type

Land

Lot Details

0.59 Acres

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Land
  • Original List Price: 3800000.00
  • Other Structures: None
  • Island Or Mainland: Island
  • Prospect Exempt Y N: Yes
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 6440677.97
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Exterior Features: Dock
  • Fencing: Partial
  • Road Frontage Type: ICW Front, Sound Front
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Salt Marsh
  • Waterfront?: Yes
  • Waterfront Footage: 127.50

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Boat Slip - Assigned, Maintenance Common Areas, Marina, Master Insure, Taxes, Water
  • Has H O A?: Yes

Schools

  • Elementary School: Wrightsville Beach
  • High School: New Hanover
  • Middle Or Junior School: Noble

Lot Info

  • Deed Book: 1327
  • Deed Page: 1800.00
  • Zoning: R-20
  • Current Use: Residential
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks
  • Lot Features: See Remarks, Deeded Water Rights, Boat Slip, Deeded Water Access, Deeded Waterfront, Dock, Salt Marsh
  • Lot Size Acres: 0.59
  • Lot Size Sq Ft: 25548.00
  • Purchase Contract Date: 2025-05-17
  • Parcel#: R05714-003-004-000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Block: 88
  • Tax Book Number: 75
  • Tax Map Number: 315716.93.4512.000
  • Tax Other Assessment Amount Frequency: None
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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

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100461131

Hive MLS
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