$3,750,000

5304 Masonboro Loop Rd Wilmington, NC 28409

Wood Duck Neighborhood

Estimated payment $21,116/month

Total Views 2,988
15 Acres
$253,893 Price per Acre
643,381 Sq Ft Lot

Highlights

  • 14.77 Acre Lot
  • Heyward C. Bellamy Elementary School Rated A-
  • Wooded Lot

About This Lot

14.77-acre property in southern New Hanover County offers exceptional blend of privacy, space, and development potential. Zoned R-15, the land was once site of a nursery and currently features 3,900+ square foot home, horse stable and two pastures. The property presents endless possibilities, making it ideal site for development project with potential for 20-30 lots. Located near Wilmington beaches and short drive to historic downtown, this property provides a unique opportunity to create a private estate, family compound, or residential development.

Listing Agent

Brenda Mitwol

Intracoastal Realty Corp License #231032

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,896

Year Built

  • 1989

Lot Details

  • 14.77 Acre Lot
  • Lot Dimensions are 149x415x103x2326x247x2757
  • Chain Link Fence
  • Wooded Lot
  • Property is zoned R-15

Schools

  • Bellamy Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Utilities

  • Propane
  • Well
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R07600-002-024-000

Property Details

Property Type

Land

Est. Annual Taxes

$3,896

Year Built

1989

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1989

Exterior Features

  • Fencing: Chain Link
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 149

Utilities

  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Utilities: Septic On Site, Well Water

Lot Info

  • Deed Page: 1167.00
  • Lot Dimensions: 149x415x103x2326x247x2757
  • Lot Sq Ft: 643512.00
  • Zoning: R-15
  • Acres: 14.77
  • Wooded Acres: 3802.00
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 253893.03
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: R07600-002-024-000
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 3896.28

MLS Schools

  • Elementary School: Bellamy
  • High School: Ashley
  • Middle School: Myrtle Grove

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,970 $745,700 $335,800 $409,900
2022 $4,001 $745,700 $335,800 $409,900
2021 $4,095 $745,700 $335,800 $409,900
2020 $4,741 $749,600 $409,400 $340,200
2019 $4,741 $749,600 $409,400 $340,200
2018 $4,741 $749,600 $409,400 $340,200
2017 $4,854 $749,600 $409,400 $340,200
2016 $6,107 $881,200 $408,600 $472,600
2015 $5,675 $881,200 $408,600 $472,600
2014 $5,578 $881,200 $408,600 $472,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $3,750,000 0.0% $961 / Sq Ft
03/31/2025 03/31/25 For Sale $3,750,000 -- --
Source: Hive MLS

Deed History

Date Type Sale Price Title Company
Deed -- --
Deed $39,500 --
Deed $88,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Source: Public Records

Similar Property in Wilmington, NC

  • 7701 Myrtle Grove Rd, Wilmington, NC 28409

    $4,500,000

    • Land
    • 17 Acres
    • $260,266 per Acre
    • 7701 Myrtle Grove Rd
    • Wilmington, NC

    Large Intracoastal waterfront tract on Myrtle Grove Sound. Based on the tax records this tract consists of 17.29 acres of wooded land and approximately 8.67 acres of wetlands. Buyer should have new survey done to verify acreage. There are two older structures on the property that add little value. This is a commissioner's sale which is subject to a 10 day upset period and the current bid price

    Lee Crouch Intracoastal Realty Corp

    Section Image
See All Homes in Wilmington

Source: Hive MLS

MLS Number: 100497863

Hive MLS

APN: R07600-002-024-000

North Carolina New Hanover County Wilmington 28409 Wood Duck

5304 Masonboro Loop Rd, Wilmington, NC

Homes for Sale in Wilmington, NC

This home is located at 5304 Masonboro Loop Rd, Wilmington, NC 28409 and is currently priced at $3,750,000. This property was built in 1989. 5304 Masonboro Loop Rd is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Myrtle Grove Middle School, and Eugene Ashley 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

Brenda Mitwol
Listing Agent
Brenda Mitwol
Section Image
Intracoastal Realty Corp
(910) 504-9293