202 Palmetto Road Active

Wilmington,NC 28401

$ 1200000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100459199

Annual Tax Amount $586

Lot Size 7.570 Acres

Property 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.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning FD

Rooms

Other Rooms None

Exterior

Utilities Available Electricity Available,Municipal Sewer Available,Municipal Water Available,Natural Gas Available

Waterfront No

Waterfront Description None

View River,Water

Building

Lot Description Wetlands

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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