Property
Wilmington, NC 28411 155-158 Plantation Road
$1,344,000
Presented By: Coastal Properties
Home Details
Ranches 155 and 158 total acreage of 13.44 are ready for development. Greenview Ranches was a plotted subdivision in the1970's that was never developed. Road frontage is 750.9 feet. The recorded plat gives a 60' Right of Way for a road on the SW line of the property that will lead to Murray Woods Subdivision for access to Murrayville Rd. Or Plantation Rd can be paved to reach Military Cutoff Extension. Cape Fear Public Utility Authority owns two parcels of land on Plantation Rd and one deep water well. Eventually, Plantation Rd will have to be paved for the County to have access to these lands. Seller will not subdivide the parcels. Update: CFPUA is providing sewer to the area with sewer pipes being constructed. This 13.44 Acre parcel is one 5 Ac parcel away from a current planned subdivision called Murray Woods. CFPUA is working hard to get sewer to this new development so sewer will become available for this parcel. Parcel would also make a nice estate for a buyer. Parcel is at the end of Plantation Rd. Adjacent land on the NW side belongs to DOT so it might be decades before DOT does anything with the land. DOT does plan to put a flyover across Military Cutoff Extension in a decade to reconnect Plantation Rd. which will lead to Porter's Neck. Several parcels bordering Military Cutoff Extension were recently rezoned for commercial. Other side of Military Cutoff Extension has a T-Mobile Cell Tower being constructed. The underground power and fiber optic cables have already been laid down Crooked Pine Rd and Plantation Rd. Infrastructure is getting ready for the new owner to purchase now.
Presented By: Coastal Properties
General for 155-158 Plantation Road
CityWilmington
City LimitsNo
Cobra ZoneNo
CountyNew Hanover
Days on Market59
Geo Lat34.3065
Geo Lon-77.842303
HOANo
Listing Member NameDonna H Grady
Location TypeMainland
Lot Sqft585446.00
PossessionAt Closing
Property TypeB
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Sub-TypeUndeveloped
SubdivisionGreenview Ranches
Tax Assessed Value42000.00
Tax Year2023
Terms1031 Exchange, Federal Land Bank, Conventional, Cash
TopographyUndeveloped, Wooded
UtilitiesNo Sewer, No Water
WaterviewNo
ZoningR-15
current useOther
Exterior for 155-158 Plantation Road
Acres13.44
Acres - Wooded13.44
Buildings on PropertyNone
Environmental HazardNo, Unknown
Fuel TankNone
List Price/Acre100000.00
Lot DescriptionWooded
Lot Dimensions750.9x815.3x620.2x917.3
MLS Identifier20150918160742258811000000
Road Type/FrontageDeeded Right of Way, Unpaved
Soil EvaluationSoil Evaluation - No
Total Road Frontage750
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert