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Off Wharf Landing Dr, Edenton, NC 27932

$1,200,000
Property Type: Land Lot Size (sq. ft.): 1,828,213 Status: Closed
Current Price: $1,200,000 List Date: 12/06/2022 Last Modified: 4/25/2023

Overview

Description

Prime waterfront property (41.97 ac) located in Wharf Landing condominiums & marina on the northwestern shoreline of Chowan River next to the Hwy 17 bridge only 5 minutes from downtown Edenton. Extraordinary development opportunity for commercial builder / developer. Phase 1 w/ 42 units completed & sold out. Future phases have potential for up to 132 additional condos and includes 2 boat basins with (92 slips permitted & 74 to be permitted. Proposed site plan available upon request.

Listing Details MLS# 100360629

Contract Info

Delayed Marketing?
No
Marketing Start Date
2022-12-05
Sub-Type
Residential Land
Auction
No
Listing Price
1900000
List Price/Acre
45270.43
Stipulation of Sale
Standard

Location Information

Street #
Off
Street Name
Wharf Landing Dr
County
Chowan
State/Province
NC
Zip Code
27932
City Limits
Yes
Marketing City
Edenton
Subdivision
Other
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Take Edenton exit 224j off Hwy 17 and go west short distance then left at 51 House sign on Wharf Landing Road. Follow service road down turn left at end on Wharf Landing Drive. Go through entrance and follow back to existing condo buildings and future development areas..
Sign on Property
No

Property Exterior Info

Acres - Total
41.97
Lot SqFt
1828213
Deed Restriction
Yes
Total Road Frontage
1000
Waterfront
Yes
Water Frontage
1000
Waterview
Yes
Location Type
Mainland

Legal and Taxes

Tax Assessed Value
1801790
Deed Book
499,256,326,169
Deed Page
172696748
Legal
Consist of 4 PIN parcels . . . 688400555970, 688400554984, 688400568142, 688400559172.
Broker Owner
No
PID
C legal description
Tax Identifier
See Remarks
Plat Book
271, 324, OCB 1, OPC 3
Plat Page
00896, 00294, 74-80, 0006G
Special Assessments
No
Tax Year
2021
Zoning
R10
HOA
No
Cobra Zone
No
Elementary School
White Oak/D F Walker
Elementary School 2
Charter School
Middle School
Chowan Middle School
High School
John A. Holmes High

Status Change Info

Under Contract Date
2023-03-17
Sold Date
2023-04-24

More Information

Current Service Providers

Internet Service Provider(s)
Media Com
Electric Provider
Town of Edenton
Water Provider
Chowan County

Current Use

Development
Yes
Multi-Family
Yes
Residential
Yes
Vacant
Yes
Other
Yes

Bldgs on Property

Covered Area
Yes
Garage
Yes
Shed(s)
Yes
Storage
Yes

HOA and Neigh Amenities

Clubhouse
Yes
Flood Insurance
Yes
Maint - Grounds
Yes
Maint - Roads
Yes
Management
Yes
Master Insure
Yes
Pool
Yes
Sidewalk
Yes
Storage
Yes
Street Lights
Yes
Trash
Yes

Soil Evaluation

Soil Evaluation - No
Yes

Frontage Type

Marina Front
Yes
River
Yes
See Remarks
Yes
Sound Front
Yes

View Type

Marina
Yes
River
Yes
See Remarks
Yes
Sound View
Yes
Water
Yes

Topography

Cleared
Yes
Flood Plain
Yes
Level
Yes
Undeveloped
Yes
See Remarks
Yes

Lot Water Features

Boat Slip
Yes
Boat Ramp
Yes
Bulkhead
Yes
Dock
Yes
Harbor
Yes
Pier
Yes
Sailboat Accessible
Yes
Sound Side
Yes
Water Depth 4+
Yes

Terms

Cash
Yes
Conventional
Yes

Fencing

None
Yes

Fuel Tank

None
Yes

Environmental Hazard

No
Yes

Lot Description

Dead End
Yes
Level
Yes
See Remarks
Yes

Road Type/Frontage

Maintained
Yes
Paved
Yes
Private Road
Yes
Public (City/Cty/St)
Yes
Service Road
Yes

Utilities

Electricity Available
Yes
Propane
Yes
Sewer Available
Yes
Underground Utilities
Yes

Sewer

Pump Station
Yes
County Sewer
Yes
Municipal Sewer
Yes

Property Features

Current Use: Development; Multi-Family; Residential; Vacant; Other Bldgs on Property: Covered Area; Garage; Shed(s); Storage Soil Evaluation: Soil Evaluation - No Frontage Type: Marina Front; River; See Remarks; Sound Front Topography: Cleared; Flood Plain; Level; Undeveloped; See Remarks View Type: Marina; River; See Remarks; Sound View; Water Fencing: None Fuel Tank: None Environmental Hazard: No Utilities: Electricity Available; Propane; Sewer Available; Underground Utilities Sewer: County Sewer; Municipal Sewer Lot Water Features: Boat Ramp; Boat Slip; Bulkhead; Dock; Harbor; Pier; Sailboat Accessible; Sound Side; Water Depth 4+ HOA and Neigh Amenities: Clubhouse; Flood Insurance; Maint - Grounds; Maint - Roads; Management; Master Insure; Pool; Sidewalk; Storage; Street Lights; Trash Terms: Cash; Conventional
Listing Office: Albemarle Sound Property Advisors
IDX
Last Updated: April - 25 - 2023
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