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Wilmington, NC 28409

$3,700,000

Property Type: Land Lot Size (sq. ft.): 65,340 Status: Active

Current Price: $3,700,000 List Date: 5/19/2026 Last Modified: 5/20/2026

Overview

Description

Experience the rare opportunity to create an extraordinary coastal estate at 201 Oyster Bay Lane, a premier waterfront homesite offering sweeping, unobstructed views of the Intracoastal Waterway and Masonboro Island. Encompassing approximately 1.5 acres, this exceptional property provides the ideal setting to design and build a custom luxury residence that fully captures some of the most breathtaking sunrises on the North Carolina coast. Perfectly positioned within the sought after Oyster Bay community off Masonboro Sound, this homesite combines privacy, natural beauty, and an unparalleled waterfront lifestyle. Residents enjoy access to a collection of thoughtfully designed community amenities, including a private pier ideal for morning walks and waterfront relaxation, sandy beach and sandbar access, community water access, and the convenience of a community boat launch. Adding to the appeal, the property includes a 40,000 pound boat lift complete with shore power and water service, cr ... (Read more)

Listing Details MLS# 100574946

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-05-19
Sub-Type: Residential Lot
Listing Price: 3700000
List Price/Acre: 2466666.67
Stipulation of Sale: Standard

Location Information

County: New Hanover
State/Province: NC
Zip Code: 28409
City Limits: Yes
Subdivision: Oyster Bay
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Take College Rd South. Turn Left onto Oleander Dr. Take a slight Right onto Pine Grove Dr. Turn Left onto Masonboro Sound Rd. Turn Right onto Cabbage Inlet Ln and then Left onto Mullington Ln. Turn Left onto Oyster Bay Ln and drive all the way down to the end of the road.
Sign on Property: Yes

Property Exterior Info

Acres - Total: 1.5
Lot SqFt: 65340
Deed Restrictions: Yes
Waterfront: Yes
Water Frontage: 140
Waterview: Yes
Location Type: Mainland
Total Road Frontage: 0

Legal and Taxes

Tax Assessed Value: 718200
Deed Book: 6519
Deed Page: 2798
Legal: LOT 7 CITY OF WILM
Broker Owner: No
PID: R07200-016-000-000
Tax Identifier: R07200-016-000-000
Special Assessments: None known
Tax Year: 2026
Zoning: R-15
Cobra Zone: No
Elementary School: Masonboro Elementary
Middle School: Roland Grise
High School: Hoggard
Plat Book: No
Plat Page: No

Possible Use

Residential: Yes

More Information

Bldgs on Property

None: Yes

HOA and Neigh Amenities

Boat Dock: Yes
Boat Slip - Assign: Yes
Maint - Comm Areas: Yes
Maint - Roads: Yes
Picnic Area: Yes
Ramp: Yes
Street Lights: Yes
Waterfront Community: Yes

Soil Evaluation

Soil Evaluation - No: Yes

View Type

ICW View: Yes

Topography

Cleared/Partial: Yes
Wooded: Yes

Lot Water Features

Boat Slip: Yes
Boat Lift: Yes
Deeded Water Access: Yes
Deeded Water Rights: Yes
Deeded Waterfront: Yes
Water Access Comm: Yes

Fencing

None: Yes

Fuel Tank

None: Yes

Environmental Hazard

Unknown: Yes

Road Type/Frontage

Maintained: Yes

Property Features

Possible Use: Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Cleared/Partial; Wooded View Type: ICW View Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Water Features: Boat Lift; Boat Slip; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Water Access Comm HOA and Neigh Amenities: Boat Dock; Boat Slip - Assign; Maint - Comm Areas; Maint - Roads; Picnic Area; Ramp; Street Lights; Waterfront Community

IDX

Listing Office: Nest Realty

Last Updated: May - 20 - 2026

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