5530 Peden Point Road

Wilmington NC, 28409


Are you tired of the hustle and bustle of the city life and ready to change your view? Can you imagine a more peaceful existence with nature and beautiful sunrises that come up right in your very own backyard? This is a 1.74 acre property consisting of a .34 acre waterfront lot situated on the Intracoastal Waterway (ICWW) and the perfect place to build your dream home. The other 1.40 acres currently have 6 mobile homes and the tenants are on a month to month lease basis. A deep well, 8 septic tanks and eletric meters are already on site. The location of this property makes it easy to get to College Road, the beaches, the hospital and the Downtown area. Many options are available here for Investors, Developers, Contractors or Custom Home Builders. The mobile homes could stay or remove and have buildable lots. Choices exist to build a pier and slips for community dock for this entire property or only for the waterfront home with CAMA approval. There are no HOA fees and it is not in the City limits.


Listing TypeFor Sale
Days On Site291


Water FrontYes
Property ViewYes
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Area Information
CountyNew Hanover
Zip Code28409
AreaNew Hanover
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
low | high
100% of Average
On Site:
low | high
100% of Average
Listing Updated: January 17, 2021 8:50:17 PM PST
Listing Provided By: Allison B Horton of Coldwell Banker Sea Coast Advantage-Midtown
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