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1821 Avalon Avenue, Wilmington, NC 28409

$1,636,500

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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

Overview

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 t ... (Read more) 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 numero ... (Read more)

Listing Details MLS# 100241413

Contract Info

Sub-Type: Single Family Residence
Construction Type: Stick Built
Marketing Start Date: 2020-10-15
Auction: No
Listing Price: 1750000
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

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
Fireplace Y/N: Yes
# Baths - Half: 0

Legal Taxes

Year Built: 1979

More Information

Status Change Info

Under Contract Date: 2020-12-01
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
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Dining Room: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Office: Yes

Building/Ext Features

ud_i_08: 2

Legal & Taxes

Tax Assessed Value: 800100
Deed Book: 1400
Deed Page: 6199
Legal: LOT 5-R AVALON
Broker Owner: No
PID: R07908-005-006-000
Tax Identifier: R07908-005-006-000
Plat Book: N/A
Plat Page: N/A
Special Assessments: None
Tax Year: 2019
Zoning: R-15
HOA: No
Cobra Zone: No

Garage & Parking

Attached Garage Spaces: 2
Detached Garage Spaces: 0
Total # Garage Spaces: 2
Total Carport Spaces: 0

Parking Features

On Site: Yes

HOA and Neigh Amenities

No Amenities: Yes
Waterfront Community: Yes

Frontage Type

ICW Front: Yes
Marsh Front: Yes

View Type

ICW View: Yes
Marsh View: Yes
Ocean: Yes
Water: Yes

Construction

Wood Frame: Yes

Lot Water Features

Boat Slip: Yes
Boat Dock: Yes
Boat Lift: Yes
Bulkhead: Yes
Deeded Water Access: Yes
Deeded Water Rights: Yes
Deeded Waterfront: Yes
Salt Marsh: Yes
Water Access Comm: Yes
Water Depth 4+: Yes

Exterior Features

None: Yes

Exterior Finish

Brick: Yes
Wood Siding: Yes

Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Fencing

None: Yes

Foundation

Slab: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Fuel Tank Ownership

Leased: Yes

Patio and Porch Features

Balcony: Yes
Deck: Yes
Open: Yes
Patio: Yes
Porch: Yes

Roof

Shingle: Yes

Levels

Two: Yes

Road Type/Frontage

Private Road: Yes
Unpaved: Yes

Cooling

Central Air: Yes

Heated SqFt

3000 - 3499: Yes

Heating

Heat Pump: Yes

Water Heater

Electric: Yes

Sewer

Septic Tank: Yes

Water Source

Well: Yes

Appliances/Equip

Built-In Microwave: Yes
Dishwasher: Yes
Electric Oven: Yes
Gas Cooktop: Yes
Refrigerator: Yes

Interior Features

2nd Kitchen: Yes
Blinds/Shades: Yes
Ceiling Fan(s): Yes
Gas Log: Yes
Solid Surface: Yes
Vaulted Ceiling(s): Yes
Walk-in Shower: Yes
Walk-In Closet(s): Yes

Security Features

Smoke Detector(s): Yes

Laundry Features

Laundry Room: Yes

Dining Room Type

Combination: Yes

Other Structures

Storage: Yes

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 Levels: Two Lot Water Features: Boat Dock; Boat Lift; 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 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

Room Name	Length	Width	Level
Master Bedroom	18.20	12.00	Second
Bedroom 2	13.00	12.00	Second
Bedroom 3	13.10	13.70	First
Bedroom 4	13.70	10.70	First
Living Room	26.60	16.90	Second
Dining Room	11.30	14.50	Second
Kitchen	12.20	11.10	Second
Laundry	10.00	5.70	First
Family Room	21.50	13.20	First
Dining Room	13.00	13.11	First
Kitchen	4.11	13.90	First
Office	10.00	7.30	First

IDX

Listing Office: Barber Realty Group Inc.

Last Updated: November - 19 - 2024

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