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$2,430,000
115 Turtle Cay Drive
Wilmington, NC 28412
MLS# 100439125



115 Turtle Cay Drive, Wilmington, NC 28412
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115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412 115 Turtle Cay Drive, Wilmington, NC 28412

Property Description
The Ultimate in Cape Fear Living! Located in Turtle Cay along the Cape Fear River and offering beautiful views overlooking the river and marsh, there is no better location for Luxury Condominiums. Convenient to both Downtown and Carolina Beach, located on River Road just south of Sanders Road and River Lights. The timing is perfect to take advantage of the unsurpassed interest in that area. Approved for three buildings, and a total of 27 Luxury Condominiums, this is fully developed* and ready for construction to begin immediately. And to make it even better, these are not in the 100-year flood plain!! *Water, sewer, stormwater system, Duke Energy, curbing and stone, and clearing are all complete-only asphalt is needed!

Details
Maps
Contract Info
Status: Active
Effective Date: 2024-04-17
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-04-17
Sub-Type: Residential Land
Listing Price: 2430000
Current Price: $2,430,000
List Price/Acre: 778846.15
Sub Agent Comm $/%: %
Buyer Agent Comm: 2
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 115
Street Name: Turtle Cay
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28412
City Limits: No
Marketing City: Wilmington
Subdivision: Turtle Cay Condominiums
Secondary Subdivision: N/A
Geo Lat: 34.120574
Geo Lon: -77.923432
Remarks and Showing
Directions to Property: River Rd south, right on Turtle Cay Drive, parcel is located at the end of Turtle Cay Drive
Sign on Property: No
Property Exterior Info
Acres - Total: 3.12
Lot SqFt: 135907
Deed Restriction: Yes
Waterfront: Yes
Water Frontage: 450
Waterview: Yes
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 415300
Deed Book: 6186
Deed Page: 1716
Legal: FEDERAL POINT (PROPOSED TURTLE CAY TRACT)
Broker Owner: No
PID: R07800-006-101-000
Tax Identifier: R07800-006-101-000
Plat Book: 11
Plat Page: 397
Tax Year: 2024
Zoning: R-15
Cobra Zone: No
Elementary School: Bellamy
Middle School: Murray
High School: Ashley
Property Features
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - Yes
Frontage Type: Marsh Front; River Front
Topography: Cleared
View Type: Marsh View; River View; Water View
Fuel Tank: None
Environmental Hazard: No
Road Type/Frontage: Maintained; Private; Unpaved
Lot Water Features: Waterfront Comm
HOA and Neigh Amenities: Maint - Comm Areas; Maint - Grounds; Maint - Roads; Maintenance Structure; Management; Master Insure; Pest Control; Street Lights; Termite Bond
Terms: 1031 Exchange; Cash; Conventional

Listing Office: Coldwell Banker Sea Coast Advantage

Last Updated: April - 21 - 2024

115 Turtle Cay Drive, Wilmington, NC 28412 - MLS# 100439125
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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