225 2 Summer Rest Road, Wilmington, NC 28405 (MLS# 100169671)

225 2 Summer Rest Road, Wilmington, NC 28405

$1,750,000
Property Type: Land Lot Size (sq. ft.): 25,265 Status: Closed
Current Price: $1,750,000 List Date: 6/07/2019 Last Modified: 8/21/2020

Description

1 if by land! 2 if by sea! Perhaps Wilmington's most sought after address, Summer Rest, at the foot of the scenic drawbridge to Wrightsville Beach provides easy walking access to the loop, Airlie Gardens, over 30 restaurants and the area's best shops. With only four home sites comprising Summer Rest Estates, each lot includes two 30 foot boat slips and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate lot and start enjoying the best life. . . By land or by sea!

More Information MLS# 100169671

Contract Info

Status: Closed Marketing Start Date: 2019-06-07 Sub-Type: Residential Land Auction: No Listing Price: 1850000 Current Price: $1,750,000 List Price/Acre: 3189655.17 Stipulation of Sale: Standard

Location Information

Street #: 225 Street Name: Summer Rest Street Suffix: Road Lot #: 2 County: New Hanover State/Province: NC Zip Code: 28405 City Limits: Yes Marketing City: Wilmington Subdivision: Summer Rest Secondary Subdivision: N/A Geo Lat: 34.221071 Geo Lon: -77.812947

Remarks and Showing

Directions to Property: Take Eastwood Road towards Wrightsville Beach. Last left before crossing over the bridge is Summer Rest Road Sign on Property: Yes

Property Exterior Info

Acres - Total: 0.58 Lot Dimensions: 295x98x309x75 Lot SqFt: 25265 Deed Restriction: No Total Road Frontage: 98 Waterfront: No Waterview: Yes Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 2752700 Deed Book: 6208 Deed Page: 503 Legal: LOT 2 SUMMER REST Broker Owner: Yes PID: 315716838736000 Tax Identifier: R05714-003-012-000 Plat Book: 36 Plat Page: 358 Special Assessments: None Tax Year: 2018 Zoning: R-20 HOA: Yes Cobra Zone: No School District: New Hanover Elementary School: Wrightsville Beach Middle School: Noble High School: Hoggard

Status Change Info

Under Contract Date: 2020-07-27 Sold Price: $1,750,000 Sold Date: 2020-08-19

Current Service Providers

Electric Provider: Duke Energy Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

HOA

Association Fee 1/Year: 3000 HOA 1 Mgmt. Company: Summer Rest HOA HOA 1 Mgmt. Phone: 9102328850

Property Features

Current Use: Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: ICW Front Topography: Cleared; Marsh/Wetland Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Description: Deeded Water Rights; Subdivision; Wetlands Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: Deeded Water Rights HOA and Neigh Amenities: Maint - Comm Areas Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
Last Updated: August - 21 - 2020
225 2 Summer Rest Road, Wilmington, NC 28405- MLS# 100169671
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