Located in one of Brunswick County's fastest-growing corridors, 2787 Malmo Loop Road NE represents an exceptional buy-and-hold opportunity for investors seeking future development upside. Situated just minutes from the Terrapin development and the expanding Highway 87 corridor, the property lies directly in the path of continued residential growth and infrastructure expansion.
The tract encompasses approximately 47 acres, with an outstanding 44 acres of uplands and only about 3 acres of wetlands, creating a highly favorable foundation for future entitlements once sewer infrastructure reaches the area. Water and electricity are available nearby, and sewer is currently located approximately one mile away near the Terrapin development, with ongoing expansion expected as surrounding projects move forward.
In the interim, the property offers immediate recreational value and usability, allowing an owner to enjoy the land today while holding it for long-term appreciation. Numerous nearby tracts in this corridor have already gone under contract for residential development purposes, further supporting the area's strong growth trajectory.
With its high upland ratio, proximity to active development, and location in the booming Brunswick County market just 25 minutes from Wilmington, this property stands out as a strategic land investment—ideal for recreational enjoyment now and future entitlement and development potential down the road.
Pending
$980,000
2787 Malmo Loop Road NE, Leland, NC 28451
--beds
0baths
47.62Acres
Est.:
Land
Built in ----
47.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 13 days |
- 25 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 02, 2026 at 08:08am
Listed by:
Austin Kenyon 910-625-7940,
Intracoastal Realty Corp
Source: Hive MLS,MLS#: 100547170
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 47.62 Acres
- Topography: Undeveloped,Wooded
Details
- Additional structures: None
- Parcel number: 02700066
- Zoning: RR
- Special conditions: Standard
Community & HOA
Community
- Subdivision: Not In Subdivision
Location
- Region: Leland
Financial & listing details
- Tax assessed value: $266,770
- Annual tax amount: $1,012
- Date on market: 1/1/2026
- Cumulative days on market: 13 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
$1,696/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Pending sale | $980,000 |
Source: | ||
| 1/2/2026 | Listed for sale | $980,000+310.9% |
Source: | ||
| 4/28/2022 | Sold | $238,500 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,012 +0.7% | $266,770 |
| 2024 | $1,005 +0.5% | $266,770 |
| 2023 | $1,000 | $266,770 +24% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,409/mo
Principal & interest
$4609
Property taxes
$457
Home insurance
$343
Climate risks
Neighborhood: 28451
Nearby schools
GreatSchools rating
- 7/10Town Creek ElementaryGrades: K-4Distance: 8.6 mi
- 3/10Town Creek MiddleGrades: 6-8Distance: 8.5 mi
- 3/10North Brunswick HighGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- Elementary: Town Creek
- Middle: Leland
- High: North Brunswick
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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