202 Palmetto Road, Wilmington, NC 28401 – MLS# 100459199
Courtesy of Caroline Dugas, Living Seaside Realty Group
Description
Some of the most beautiful land in New Hanover County. Would make a wonderful estate lot or lovely location for a small subdivision. Close to downtown and yet no city taxes. Historically this property was part of a large rice plantation. On over 7 acres of mostly high and dry land are groves of gorgeous hardwood trees. Looking out, this land will have a panoramic view of the Cape Fear River and marshland. A peaceful location situated right next to Preservation Point. This part of Wilmington is being discovered and is truly a wonderful location! There is a power line easement running through a small portion of the land, and water, sewer and natural gas are right next door.Survey and wetlands delineation was completed in 2024.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Paved,Public (City/Cty/St)
Disclosures
- Unknown
Home Owner’s Association
- HOA: No
Listing
- Sub-Type: Residential Land
- Listed on 2024-08-03
- List Price/Acre: $158,520
- Terms: 1031 Exchange,Conventional,Cash
Location
- Zip Code: 28401
- Latitude: 34.271835
- Longitude: -77.935454
- Subdivision: Not In Subdivision
- City Limits: No
Lot
- 329,749 sqft lot
- Lot Dimensions: irreg
- 7.57 total acre
- 0.5 cleared acres
- Lot Description: Wetlands
- Lot Water Features: None
- Topography: Undeveloped,Wooded
Possession
- At Closing
Property
- Zoning: FD
- Waterview
- Federal Flood Insurance available
- Bldgs on Property: None
- Soil Evaluation: Soil Evaluation – No
Taxes
- Tax Assessed Value: $112,300
- Property Taxes: $587
- City Tax Rate: 6052
- Tax Year: 2023
Utilities
- Electricity Available
- Natural Gas Available
- Municipal Water Available
- Municipal Sewer Available
- Sewer Provider: Cape Fear Public Utility Authority
- Electric Provider: Duke Progress Energy
- Water Provider: Cape Fear Public Utility Authority
- Fuel Tank: None