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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

Overview

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!

Listing Details MLS# 100169671

Contract Info

Marketing Start Date
2019-06-07
Sub-Type
Residential Land
Auction
No
Listing Price
1850000
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

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
Water Frontage
0

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 Date
2020-08-19

More Information

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

Current Use

Residential
Yes

Bldgs on Property

None
Yes

HOA and Neigh Amenities

Maint - Comm Areas
Yes

Soil Evaluation

Soil Evaluation - No
Yes

Frontage Type

ICW Front
Yes

Topography

Cleared
Yes
Marsh/Wetland
Yes

Lot Water Features

Deeded Water Rights
Yes

Terms

Cash
Yes
Conventional
Yes

Fencing

None
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Lot Description

Wetlands
Yes

Road Type/Frontage

Paved
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Sewer

Municipal Sewer
Yes

Water Source

Municipal Water
Yes

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 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
IDX
Last Updated: August - 21 - 2020
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