Located at 517 Greenville Ave in Carolina Beach, NC, this exclusive land deal offers a prime development opportunity in a high-demand area. The 0.23-acre lot is zoned R-1, allowing for the construction of up to four townhomes by right with no rezoning required. Situated in an X Flood Zone, there is no requirement for costly flood insurance, making it even more appealing for developers. The existing house on the lot will need to be demolished to make way for new construction, providing a clean slate for investment. With its close proximity to the beach and the growing real estate market in Carolina Beach, this lot presents significant potential for builders and investors alike. Don't miss this rare opportunity to secure a prime piece of real estate in a sought-after coastal location.
MLS# | 100487423 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 83 |
Listing Provided By | Prosper Real Estate | Tyler N Broughton |
Zoning | R-1 |
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Acreage | 0.23 |
State | NC |
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County | New Hanover |
City | Carolina Beach |
Zip Code | 28428 |
Area | New Hanover |
Community Name | Not In Subdivision |
School District | Ashley |
Elementary School | Carolina Beach |
Middle School | Murray |
High School | Ashley |
Listing VS Median (in Not In Subdivision) | |
Price: $689,900 low | high Med: $295,000 On site: 83 low | high Med: 89 |