329 5 Preservation Pt Avenue, Wilmington, NC 28401 (MLS# 100352494)

$179,900

329 5 Preservation Pt Avenue
Wilmington, NC 28401
MLS# 100352494

1 / 20

Home Under Construction Viewed from lot #5

Clubhouse Interior with Kitchen and Living Area

Pier to 7 Acre Amenities on Sunset Island

Sunset Island Picnic Area and Frisbee Golf

Property Description
GREAT LOT VALUE!! Looking to build your dream home in Wilmington's newest gated community just north of downtown? Preservation Point is a special piece of paradise located along the Cape Fear River with all the amenities you could ever want - a 7 acre Private Island with walking trails, picnic area, kayak launch, pickleball courts, dog park, frisbee golf course & more. The community clubhouse will impress you with its comfy lounge area, kitchen, billiards room, fitness center, and luxurious community pool. Ever dreamed about having your boat just steps away from home - boat slips are available (added cost). This desirable location captures the natural setting of the river but is just minutes to downtown Wilmington restaurants, shopping, and so much more!

Details

Maps

Contract Info

Status: Active

Effective Date: 2022-10-06

Delayed Marketing?: No

Delayed Marketing Date (DM): 2022-10-06

Sub-Type: Residential Land

Auction: No

Listing Price: 179900

Current Price: $179,900

List Price/Acre: 817727.27

Sub Agent Comm $/%: %

Buyer Agent Comm: 2.5

Buyer Agent Comm $/%: %

Variable Comm: No

Stipulation of Sale: None

Location Information

Street #: 329

Street Name: Preservation Pt

Street Suffix: Avenue

Lot #: 5

County: New Hanover

State/Province: NC

Zip Code: 28401

City Limits: No

Marketing City: Wilmington

Subdivision: Preservation Point

Geo Lat: 34.267831

Geo Lon: -77.933043

Remarks and Showing

Directions to Property: From Downtown or MLK, take NC-133 North toward Burgaw. Turn left on Castle Hayne Rd and then next right on Preservation Point Ave. Lot 5 is located on the right side a few hundred feet past the gated entry.

Sign on Property: Yes

Property Exterior Info

Acres - Total: 0.22

Acres - Cleared: 0.22

Lot Dimensions: 65 x 135 x 72 x 143

Lot SqFt: 9583

Deed Restriction: Yes

Total Road Frontage: 65

Waterfront: No

Waterview: No

Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 133400

Total City Real Estate Property Tax: 703.69

Deed Book: 6548

Deed Page: 73

Legal: Lot 5 Preservation Point Child Of Split From R04100-001-002-000

Broker Owner: No

PID: R04100-001-249-000

Tax Identifier: R04100-001-249-000

Total Real Estate Property Taxes: 703.69

Special Assessments: NONE

Deferred Taxes: No

Tax Year: 2022

Zoning: R-5

HOA: Yes

HOA Annual Amt: 2000

HOA Company: CAMS Mgt

HOA Phone: 910-256-2021

Cobra Zone: No

Federal Flood Ins Avlbl: Yes

Elementary School: Wrightsboro

Middle School: Holly Shelter

High School: New Hanover

HOA

Association Fee 1/Year: 2000

HOA 1 Mgmt. Company: Preservation Pt HOA

HOA 1 Mgmt. Phone: 800-675-1800

Property Features

Current Use: Residential

Bldgs on Property: None

Soil Evaluation: Soil Evaluation - No

Topography: Cleared; Level

Fencing: None

Fuel Tank: None

Environmental Hazard: Unknown

Lot Description: Deeded Water Rights; Level; Subdivision

Road Type/Frontage: Maintained; Paved; Private

Utilities: Electricity Available; Municipal Sewer Available; Municipal Water Available; Natural Gas Available

Lot Water Features: Water Access Comm; Waterfront Comm

HOA and Neigh Amenities: Boat Dock; Clubhouse; Fitness Center; Gated; Maint - Comm Areas; Maint - Grounds; Management; Marina; Park; Picnic Area; Playground; Pool; Street Lights; Taxes; Tennis Court(s); Trail(s)

Terms: 1031 Exchange; Cash; Conventional

Listing Office: Keller Williams Innovate-Wilmington

Last Updated: March - 20 - 2024

329 5 Preservation Pt Avenue, Wilmington, NC 28401 - MLS# 100352494

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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