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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

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

Building/Ext Features

ud_i_08: 2

Property Interior Info

Total SqFt - Heated (Primary + Separate): 3266 # Rooms: 11 # Baths - Full: 3 # Baths - Half: 0 # Baths - Total: 3 Master Bedroom Level: Non Primary Living Area Stories: 2 Fireplace Y/N: Yes SqFt - Heated (Primary): 3266 # Bedrooms: 4

Contract Info

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

Location Information

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

Remarks and Showing

Sign on Property: No 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.

Property Exterior Info

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

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

Boat Slip

Boat Slip Length: 35

Garage & Parking

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

Parking Features

On Site: 1

HOA and Neigh Amenities

No Amenities: 1 Waterfront Community: 1

Frontage Type

ICW Front: 1 Marsh Front: 1

View Type

ICW View: 1 Marsh View: 1 Ocean: 1 Water: 1

Construction

Wood Frame: 1

Lot Water Features

Boat Slip: 1 Boat Dock: 1 Boat Lift: 1 Bulkhead: 1 Deeded Water Access: 1 Deeded Water Rights: 1 Deeded Waterfront: 1 Salt Marsh: 1 Water Access Comm: 1 Water Depth 4+: 1

Exterior Features

None: 1

Exterior Finish

Brick: 1 Wood Siding: 1

Terms

Cash: 1 Conventional: 1 VA Loan: 1

Fencing

None: 1

Foundation

Slab: 1

Flooring

Carpet: 1 Tile: 1 Wood: 1

Fuel Tank

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

Fuel Tank Ownership

Leased: 1

Patio and Porch Features

Balcony: 1 Deck: 1 Open: 1 Patio: 1 Porch: 1

Roof

Shingle: 1

Levels

Two: 1

Road Type/Frontage

Private Road: 1 Unpaved: 1

Cooling

Central Air: 1

Heated SqFt

3000 - 3499: 1

Heating

Heat Pump: 1

Water Heater

Electric: 1

Sewer

Septic Tank: 1

Water Source

Well: 1

Appliances/Equip

Built-In Microwave: 1 Dishwasher: 1 Electric Oven: 1 Gas Cooktop: 1 Refrigerator: 1

Interior Features

2nd Kitchen: 1 Blinds/Shades: 1 Ceiling Fan(s): 1 Gas Log: 1 Solid Surface: 1 Vaulted Ceiling(s): 1 Walk-in Shower: 1 Walk-In Closet(s): 1

Security Features

Smoke Detector(s): 1

Laundry Features

Laundry Room: 1

Dining Room Type

Combination: 1

Separate Living Spcs

Guest House Desc: 879 Sq ft 1 BR 1 BA

Other Structures

Storage: 1

Rooms

Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: First Bedroom 4: 1 Bedroom 4 Level: First Dining Room: 1 Dining Room Level: Second Family Room: 1 Family Room Level: First Kitchen: 1 Kitchen Level: Second Laundry: 1 Laundry Level: First Living Room: 1 Living Room Level: Second Master Bedroom: 1 Master Bedroom Level: Second Office: 1 Office Level: First

Legal Taxes

Year Built: 1979

Status Change Info

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

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

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.

IDX

Last Updated: November - 19 - 2024

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