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Sold for $880,000
  • $880,000

    5301 Peden Point Road, Wilmington, NC 28409

    3beds
    2,313sqft
    Single Family Residence
    Built in 1974
    3.5 Acres Lot
    $459,600 Zestimate®
    $380/sqft
    $2,410 Estimated rent

    Home value

    $459,600

    $423,000 - $501,000

    $2,410/mo

    Zestimate® history
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    What's special

    Discover a prime R15 development opportunity in the heart of Wilmington. This 3.50-acre parcel features a beautifully updated 2300sqft single-family home, ideal as an investment property or primary residence. The one-level home boasts three spacious bedrooms, flooded with natural light, fresh designer paint, and brand-new flooring. Two large living areas provide ample space for relaxation or working from home. The formal dining room, adjacent to the kitchen, is adorned with elegant lighting and new flooring, perfect for entertaining. The open kitchen showcases solid hardwood cabinetry, stainless steel appliances, and a generous breakfast area. Enjoy afternoons on the screened porch or explore the gardens and trail leading to the creek. A new 1200 sqft steel barn, built to withstand winds up to 155 mph, is perfect for horses, boat, and RV storage. Additionally, a separate garage with a lift crane offers ample workspace for auto enthusiasts. Included in the sale is a separate three-acre parcel zoned R15, with an easement in place, suitable for an 8-home site community or building your dream house next to the oak trees. Ask about the available 4000 sqft home plan. Don't miss this exceptional opportunity at 5301 Peden Point Road.

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2024 at 07:52am

    Listed by:

    English Seward Real Estate Group 910-200-6463,

    Berkshire Hathaway HomeServices Carolina Premier Properties,

    Tara A English 910-256-0021,

    Berkshire Hathaway HomeServices Carolina Premier Properties

    Bought with:

    A Non Member

    A Non Member

    Source: Hive MLS,MLS#: 100448036MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination, Formal
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Master Downstairs, Ceiling Fan(s), Pantry, Blinds/Shades
    • Flooring: LVT/LVP
    Interior area
    • Total structure area: 2,313
    • Total interior livable area: 2,313 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Off Street, Paved
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch, Screened
    • Fencing: Back Yard,Wood
    Lot
    • Size: 3.50 Acres
    • Features: Horse Farm, Farm, Pasture, Wooded
    Details
    • Additional structures: Barn(s), Workshop
    • Parcel number: R07616003012000
    • Zoning: R-15
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Pasture, Riding Trail, Barn

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Wilmington
    • Subdivision: Peden Point

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/2/2024Sold$880,000-11.6%$380/sqft
    Source: Hive MLS #100448036 Report a problem
    10/29/2024Pending sale$995,000$430/sqft
    Source: Hive MLS #100448036 Report a problem
    9/26/2024Price change$995,000-8.7%$430/sqft
    Source: Hive MLS #100448036 Report a problem
    8/18/2024Price change$1,090,000-0.9%$471/sqft
    Source: Hive MLS #100448036 Report a problem
    7/31/2024Price change$1,100,000-4.3%$476/sqft
    Source: Hive MLS #100448036 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,227 +23.5%$569,000 +71.9%
    2024$1,804 +0.3%$331,100
    2023$1,798 -5.7%$331,100 -5%

    Find assessor info on the county website

    Neighborhood: Myrtle Grove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bellamy
    • Middle: Myrtle Grove
    • High: Ashley

    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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