1821 Avalon Avenue, Wilmington, NC 28409 (MLS# 100241413)

1821 Avalon Avenue, Wilmington, NC 28409

$1,636,500
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,266 Lot Size (sq. ft.): 88,427 Status: Closed
Current Price: $1,636,500 List Date: 10/15/2020 Last Modified: 11/19/2024

Description

Attention Realtors & buyers – this property can be reduced another $42,000 if buyer agrees to a 7 year term to allow seller's mother to continue to live in the guest cottage & have the use of 1 boat slip. Driftwood Manor is a spectacular Intracoastal Waterway front property that boasts 1000 ft of panoramic & unobstructed views of the ICWW, Masonboro Island, & the Atlantic Ocean! This one of a kind listing encompasses approx. 2 acres of buildable upland that can easily be subdivided into 4 individual parcels – each with their own 35' boat slip at the private floating pier & dock that has recently been refurbished & repowered. 2 of the 4 boat slips have brand new 13,000 lb electronic lifts with remotes. All new pilings & decking has been installed at the end of the pier. As you are looking at the property from the pier, you see the main home which sits on approx. .50 acre with an additional .80 acre of natural marsh fronting the ICWW. The home features 4 bedrooms, recent updating throughout including the 3 full baths, new Kitchenaide appliances, countertops & backsplash in the kitchen, refinished hardwood floors, & an expanded & completely renovated master suite which opens to the new wrap around deck & show stopping water views. The ground level fire pit patio area creates the ultimate space to soak in the views & ocean breezes. This property is protected by a new bulkhead on the ICWW & a new privacy gate at the main entrance of the property. This home has excellent VRBO or AirBnB potential with its two complete living spaces & separate entrances to the upstairs & downstairs areas of the main home. Directly behind the main house parcel, there is a 15,000 square foot vacant lot.... & ANOTHER 15,000 square foot lot behind that one! You could build two separate homes on these lots & include a boat slip with each! Rounding out this amazing opportunity is a 4TH approx. .50 acre parcel with an 864 square foot 1 bedroom 1 bath guest cottage that has been fully renovated!

Supplements: The cottage can also happily serve as a rental space. A third home could be built on this parcel as well. The options are endless with this property! Live where you love and put the rest of the property to work for you with extra income or enjoy the privacy and live on the Intracoastal Waterway! Seller is willing to consider subdividing in numerous ways.

More Information MLS# 100241413

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Marketing Start Date: 2020-10-15 Auction: No Listing Price: 1750000 Current Price: $1,636,500 List Price/SqFt: 535.82 Stipulation of Sale: Standard

Location Information

Street #: 1821 Street Name: Avalon Street Suffix: Avenue County: New Hanover State/Province: NC Zip Code: 28409 City Limits: No Marketing City: Wilmington Subdivision: Avalon Secondary Subdivision: N/A Geo Lat: 34.119258 Geo Lon: -77.874166

Remarks and Showing

Directions to Property: S College Rd to Left on Piner Rd. Right on Myrtle Grove Rd. Left on Avalon Ave to Right where pavements ends. Property will be on the Left. Sign on Property: No

Property Exterior Info

New Construction: No Lot Acres: 2.03 Lot SqFt: 88427 Lot Dimensions: Irregular Waterfront: Yes Waterview: Yes Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 3266 Total SqFt - Heated (Primary + Separate): 3266 # Rooms: 11 # Baths - Full: 3 # Baths - Total: 3 # Bedrooms: 4 Master Bedroom Level: Non Primary Living Area Stories: 2

Legal Taxes

Year Built: 1979

Status Change Info

Under Contract Date: 2020-12-01 Sold Price: $1,636,500 Sold Date: 2020-12-30

Boat Slip

Boat Slip Length: 35

Fuel Tank

Above or Below Ground: Above Ground Fuel Type: Propane Owned or Leased: Leased

Separate Living Spcs

Guest House Desc: 879 Sq ft 1 BR 1 BA

Rooms

Bedroom 2 Level: Second Bedroom 3 Level: First Bedroom 4 Level: First Dining Room Level: Second Family Room Level: First Kitchen Level: Second Laundry Level: First Living Room Level: Second Master Bedroom Level: Second Office Level: First

Property Features

Frontage Type: ICW Front; Marsh Front View Type: ICW View; Marsh View; Ocean; Water Construction: Wood Frame Exterior Features: None Exterior Finish: Brick; Wood Siding Fencing: None Foundation: Slab Fuel Tank Ownership: Leased Parking Features: On Site Patio and Porch Features: Balcony; Deck; Open; Patio; Porch Roof: Shingle Lot Water Features: Boat Dock; Boat Lift; Boat Slip; Bulkhead; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Salt Marsh; Water Access Comm; Water Depth 4+ Cooling: Central Air Heating: Heat Pump Water Heater: Electric Sewer: Septic Tank Water Source: Well Fireplace: 2 Flooring: Carpet; Tile; Wood Interior Features: 2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Gas Log; Solid Surface; Vaulted Ceiling(s); Walk-in Shower; Walk-In Closet(s) Security Features: Smoke Detector(s) Laundry Features: Laundry Room Heated SqFt: 3000 - 3499 Dining Room Type: Combination Other Structures: Storage HOA and Neigh Amenities: Waterfront Community; No Amenities Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Office Terms: Cash; Conventional; VA Loan

Room Information

Master Bedroom Length: 18.20 Width: 12.00 Level: Second Bedroom 2 Length: 13.00 Width: 12.00 Level: Second Bedroom 3 Length: 13.10 Width: 13.70 Level: First Bedroom 4 Length: 13.70 Width: 10.70 Level: First Living Room Length: 26.60 Width: 16.90 Level: Second Dining Room Length: 11.30 Width: 14.50 Level: Second Kitchen Length: 12.20 Width: 11.10 Level: Second Laundry Length: 10.00 Width: 5.70 Level: First Family Room Length: 21.50 Width: 13.20 Level: First Dining Room Length: 13.00 Width: 13.11 Level: First Kitchen Length: 4.11 Width: 13.90 Level: First Office Length: 10.00 Width: 7.30 Level: First
Listing Office: Barber Realty Group Inc.
Last Updated: November - 19 - 2024
1821 Avalon Avenue, Wilmington, NC 28409- MLS# 100241413
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Search powered by FBS Products