5910 Sullivans Shores - Sullivan's Creek Landing 12.4 Acres of Residential Land Offered at $957,341 CAD in Winnabow, NC 28479

Off Market!! Wilmington NC MSA Brunswick County, NC. Prime, unrestricted land for private estate, long term investor hold, or small custom-semi custom home builder. Ideal location just to the south of Bypass I-140, Brunswick Forest, Leland, and Historic Downtown Wilmington. Land is selling in this surrounding area for up to $125k per acre, and pushing out individual estate buyers and smaller builders. This is the gem, lots of existing due diligence completed, and a grandfathered approved (5) lot minor subdivision which allows buyer to construct the right of way and begin building immediately. Property is approved to utilize individual wells and septic systems. There is a Brunswick County waterline located on the same side of highway 17 as this property and may be considered to extend through this property. Offering also includes 1 (.99) acre lot that is zoned commercial and can be sold separately when adjoining commercial tract on Ocean Hwy 17 is sold. This property has varied topography, has a mix of hardwoods and BIG pines, and flowing creek with a small waterfall (see videos.) 90% of the BEMC easement shown from Victoria drive to the substation has been released. Adding 5 more lots, 10 total, and utilizing ultra low density stormwater design, would be the most economical cost per unit to create, and offer lots from 1/2 acre to 1.5 acres. Various maps, reports, and deeds included in photos and document section.