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Rare +/- 5.9 acre development parcel with approximately 598' of frontageon the Brunswick River within the Belville town limits with municipal waterand sewer available. The current R10 zoning could allow ten or more singlefamily lots with clubhouse, common area and private marina. The highestand best use of a high-end multifamily waterfront community with privatemarina may be achieved through a rezoning or Special Use Permit.Preliminary concept plans for single family development and townhousedevelopment are attached for reference.The subject is located less than 1/4 mile from Belville Elementary Schooland the Brunswick Riverwalk Park at Belville, less than two miles from theLeland Village Rd corridor, Magnolia Greens and Westgate commercialnodes and a quick jaunt over the Cape Fear River into Historic DowntownWilmington. The location provides easy access to both the New Hanover andBrunswick County beaches plus Southport and Bald Head Island viaautomobile or boat. Nearby highway and interstate access includes US 74/76, US 421, US 17, I-140 and I-40.Brunswick County is the fastest growing county in North Carolina and theadjacent Wilmington MSA is #1 in the country for inbound moves. TheLeland/Belville submarket enjoys one of the highest net worthdemographics in the region with continued residential and majorcommercial development. Paired with a regional housing shortage the areais ripe for successful residential development selling at premium pricesfaster than it can be built.There are two exempt prospects for this property.

Listing ID100270560
Sold For$1,575,000$315K
StatusClosed
Sold Date3/25/2024
SqFt 257,004
Acres 5.900
CountyBrunswick
SubdivisionNot In Subdivision
Property TypeLand
Property Sub TypeUndeveloped

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Coastal Development & Realty
Address: 131 Ocean Blvd West
Holden Beach, NC 28462
United States
Phone: 910-842-4939
Phone Alt: 800-262-7820

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Coastal Development & Realty
Address: 131 Ocean Blvd West
Holden Beach, NC 28462
United States
Phone: 910-842-4939
Phone Alt: 800-262-7820

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600  River Road SE
Belville, NC 28451
Listing courtesy of Nest Realty.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of Thursday, March 28th, 2024 at 05:45:06 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither listing broker(s) nor Coastal Development and Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 North Carolina Regional MLS LLC.
#IDX-primaryPhoto,#idx-details-headerListed by: Nest Realty (910) 367-2253
Data services provided by IDX Broker

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