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302 Summer Rest Road, Wilmington, NC 28405

$3,718,000
Property Type: Land Lot Size (sq. ft.): 25,548 Status: Closed
Current Price: $3,718,000 List Date: 5/02/2025 Last Modified: 2/25/2026

Overview

Description

Looking to build your custom dream home on one of the most iconic and picturesque streets in Wilmington then this homesite is for you! Situated among historic oaks and located on the Intracoastal Waterway across from Wrightsville Beach makes it an ideal location for boaters and beach lovers. Enjoy relaxing on the waterway pier and dock that will accommodate up to 4 / 40+ft boat slips with plenty of entertaining space to spend the day or evening enjoying the scenic views on the multilevel gazabo along the ICWW and tidal marshes full of birds and aquatic life. This distinguished property is one of only two properties on Summer Rest that has a buildable lot. Looking for an even better view to see the world prior to building climb up into the lookout platform in one of the oak trees and get a whole new perspective. Nestled on a neighborhood street with little outside traffic feel comfortable taking a stroll through the community with ease access to cross country bike trails, the Summer Rest Trails, Wrightsville Beach and area shopping, dining and entertainment within minutes. Get on your boat and head out to Masonboro Island or Masons Inlet beaches within a short distance, or better yet take your paddle board or kayak and explore Palm Tree Island and the expansive winding marshes of Lees Cut and beyond. Wake up everyday to beautiful sunrises and end the day with a gorgeous moonrise, not to mention the wonderful prevailing breezes that this location offers.

Listing Details MLS# 100461131

Contract Info

Delayed Marketing?
No
Marketing Start Date
2024-08-15
Sub-Type
Residential Land
Listing Price
3800000
List Price/Acre
6440677.97
Stipulation of Sale
Standard

Location Information

Street #
302
Street Name
Summer Rest
Street Suffix
Road
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
Eastwood Rd to just before ICWW Bridge take a left on Summer Rest lot is on the left side across from 303 Summer Rest Rd
Sign on Property
Yes

Property Exterior Info

Acres - Total
0.59
Lot SqFt
25548
Deed Restriction
Yes
Total Road Frontage
124
Waterfront
Yes
Water Frontage
127.5
Waterview
Yes
Location Type
Island

Legal and Taxes

Tax Assessed Value
600
Deed Book
1327
Deed Page
1800
Legal
LOT 2, PT 3 BLK 1 VILLAGE OF SUMMER REST; MARSH
Broker Owner
No
PID
315716.93.4512.000
Tax Identifier
R05714-003-004-000
Plat Book
75
Plat Page
88
Special Assessments
None
Tax Year
2023
Zoning
R-20
HOA
Yes
Cobra Zone
No
Federal Flood Ins Avlbl
Yes
Elementary School
Wrightsville Beach
Middle School
Noble
High School
New Hanover

Status Change Info

Under Contract Date
2025-05-17
Sold Date
2025-07-25

More Information

Current Use

Residential
Yes

Bldgs on Property

None
Yes

HOA and Neigh Amenities

Boat Slip - Assign
Yes
Maint - Comm Areas
Yes
Marina
Yes
Master Insure
Yes
Taxes
Yes
Water
Yes

Soil Evaluation

Soil Evaluation - No
Yes

Frontage Type

ICW Front
Yes
Sound Front
Yes

View Type

ICW View
Yes

Topography

See Remarks
Yes

Lot Water Features

Boat Slip
Yes
Deeded Water Access
Yes
Deeded Water Rights
Yes
Deeded Waterfront
Yes
Dock
Yes
Salt Marsh
Yes

Terms

Cash
Yes
Conventional
Yes

Fencing

Partial
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Lot Description

See Remarks
Yes

Lot Features

Deeded Water Rights
Yes

Road Type/Frontage

Paved
Yes
Public (City/Cty/St)
Yes

Utilities

Electricity Available
Yes
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; Sound Front Topography: See Remarks View Type: ICW View Fencing: Partial Fuel Tank: None Environmental Hazard: Unknown Lot Features: Deeded Water Rights Utilities: Electricity Available; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: Boat Slip; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Dock; Salt Marsh HOA and Neigh Amenities: Boat Slip - Assign; Maint - Comm Areas; Marina; Master Insure; Taxes; Water Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: February - 25 - 2026
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