4926 Oleander Drive, Wilmington, NC 28403
$290,000
Property Type:
Land
Lot Size (sq. ft.):
25,003
Status:
Closed
Current Price:
$290,000
List Date:
6/30/2023
Last Modified:
2/05/2025
Description
Calling all investors! This is the one you've been looking for- not only is this .57 acre lot in the popular Piney Woods area of Wilmington, but all of the hard work has already been done for you. The current owner has gone through the process of getting not one but TWO separate duplex/townhome building plans approved by the city. The first duplex consists of two 3 bed./3 bath, 2 story townhomes with 1859 sq. ft. per side and attached 2 car garages. Each side of the second duplex will have 2043 sq. ft. with 3 bed./3 bath, 2 story townhomes and attached 2 car garages as well. All you need to do is start building! Great opportunity for your rental property portfolio or to make a nice return selling new construction. There is no HOA to worry about. This property is only minutes away from Mayfaire shopping, dining, Long Leaf Park, UNCW, and the Wilmington Municipal Golf Course. Only 4 miles to Wrightsville Beach. See attached documents for approved site plans, and blue prints.
More Information MLS# 100392269
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2023-06-29
Sub-Type: 2-4 Units Multi-Family
Auction: No
Listing Price: 299000
Current Price: $290,000
List Price/Acre: 524561.4
Stipulation of Sale: None
Location Information
Street #: 4926
Street Name: Oleander
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28403
City Limits: Yes
Marketing City: Wilmington
Subdivision: Piney Woods
Secondary Subdivision: N/A
Geo Lat: 34.208836
Geo Lon: -77.877686
Remarks and Showing
Directions to Property: Drive East on Oleander Drive, Go past Pine Grove Drive and Property will be on the Right.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 0.57
Lot SqFt: 25003
Deed Restriction: No
Total Road Frontage: 80
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 106000
Deed Book: 6410
Deed Page: 909
Legal: Lt 8 Pine Grove Harnett
Broker Owner: No
PID: R06108-008-008-000
Tax Identifier: R06108-008-008-000
Plat Book: N/A
Plat Page: N/A
Total Real Estate Property Taxes: 901
Special Assessments: NONE
Tax Year: 2022
Zoning: ROD
Cobra Zone: No
Elementary School: Winter Park
Middle School: Roland Grise
High School: Hoggard
Status Change Info
Under Contract Date: 2023-07-07
Sold Price: $290,000
Sold Date: 2023-07-21
Property Features
Current Use: Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Cleared; Cleared/Partial; Level; Undeveloped
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Utilities: Municipal Sewer Available; Municipal Water Available
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional
Listing Office: Coldwell Banker Sea Coast Advantage-Leland
Last Updated: February - 05 - 2025
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