$1,000,000

Estimated payment $5,522/month

Total Views 21,846
3.45 Acres
$289,855 Price per Acre
150,282 Sq Ft Lot

Highlights

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

About This Lot

Introducing a prime land comprising three separate parcels totaling 3.45 acres, located just under 900 feet from the intersection of Carolina Beach Road and College Road in the bustling Monkey Junction area. This property sits directly across from the Home Depot driveway, making it a highly visible and accessible location. Sellers will consider seller financing of up to half of the purchase price with favorable terms.Currently, the site includes two homes: a solid brick residence in decent condition and an older home that requires significant renovations or could be considered for demolition. The property is beautifully tree-lined, providing a picturesque setting with excellent potential for various uses. You could expand the residential footprint by adding more homes for a family compound or investment portfolio, or consider rezoning for commercial use, tapping into the high traffic and demographic advantages of the area. The property is adjacent to a multifamily apartment complex and is just steps from Myrtle Grove Middle School and Myrtle Grove Christian Academy, ensuring a steady flow of potential customers or residents. With 188 feet of frontage and over 800 feet in depth, this site is ideal for retail, office, or multifamily development. Municipal water and sewer services are currently nearby with access from the adjacent apartment complex, adding to potential. While the property is currently zoned R15, it has previously held a special use permit for multifamily development, highlighting its versatility and potential for growth. Don't miss out on this exceptional opportunity to capitalize on a prime location with endless possibilities!

Listing Agent

Dawn Berard

Sold Buy the Sea Realty License #236951 Listed on: 09/16/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $566

Lot Details

  • 3.45 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-15

Schools

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

Listing and Financial Details

  • Assessor Parcel Number R07600-002-011-000

Property Details

Property Type

Land

Est. Annual Taxes

$566

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 188

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Water Available
  • Internet Service Provider: Spectrum

Lot Info

  • Deed Page: 156.00
  • Lot Description: See Remarks
  • Lot Sq Ft: 150282.00
  • Special Assessments: None Known
  • Zoning: R-15
  • Acres: 3.45
  • Deed Restriction: No
  • Environmental Hazard: No, Unknown
  • List Price per Acre: 289855.07
  • Soil Evaluation Other: currently septic
  • Topography: Cleared, Wooded, Level, Cleared/Partial

Tax Info

  • Tax Identifier: R07600-002-011-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 565.87

MLS Schools

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

Map

Range of Values:

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Average Value
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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

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
2024 $640 $108,300 $88,400 $19,900
2023 $634 $108,300 $88,400 $19,900
2022 $639 $108,300 $88,400 $19,900
2021 $605 $108,300 $88,400 $19,900
2020 $619 $97,900 $44,700 $53,200
2019 $619 $97,900 $44,700 $53,200
2018 $619 $97,900 $44,700 $53,200
2017 $634 $97,900 $44,700 $53,200
2016 $741 $106,900 $44,700 $62,200
2015 $688 $106,900 $44,700 $62,200
2014 $677 $106,900 $44,700 $62,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $1,000,000 0.0% $588 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $1,000,000 -4.8% $588 / Sq Ft
03/10/2025 03/10/25 Price Changed $1,050,000 -4.5% $618 / Sq Ft
12/16/2024 12/16/24 Price Changed $1,100,000 -4.3% $647 / Sq Ft
09/16/2024 09/16/24 For Sale $1,150,000 -- $676 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Source: Hive MLS

MLS Number: 100466458

Hive MLS

APN: R07600-002-011-000