For Sale
$2,430,000

115 Turtle Cay Dr Wilmington, NC 28412

Prime Wilmington, NC Riverfront Lot

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 3.12-acre parcel in Wilmington, North Carolina, presents a turnkey opportunity for luxury condominium development. Located in the desirable Turtle Cay community, this R-15 zoned land boasts stunning Cape Fear River and marsh views. The property is fully developed, eliminating significant upfront costs and expediting construction. All necessary infrastructure is in place, including water, sewer, stormwater management, Duke Energy connection, curbing, stonework, and land clearing. Only asphalt installation remains before construction can commence. Approved plans allow for the construction of three buildings, encompassing a total of 27 luxury condominiums. The location offers unparalleled convenience, with easy access to downtown Wilmington and Carolina Beach, situated on River Road just south of Sanders Road and River Lights. Importantly, this property is outside the 100-year floodplain, mitigating risk and enhancing its appeal. This is a rare chance to capitalize on the high demand for luxury waterfront living in this thriving area. The site's complete infrastructure and approved plans make this an exceptional investment opportunity, ready for immediate development. Seize this chance to create a prestigious condominium community in a highly sought-after location. The property's prime location and fully developed status offer a significant advantage in the current market.

Highlights

  • $2,430,000 asking price for 3.12 acres of residential land.
  • Located in Wilmington, NC, at 115 Turtle Cay Dr, in New Hanover County, zip code 28412.
  • R-15 zoning permits construction of three buildings totaling 27 luxury condominiums.
  • Fully developed with water, sewer, stormwater, power, curbing, and clearing complete; only asphalt needed.
  • Located in Turtle Cay, offering Cape Fear River views, convenient to downtown Wilmington and Carolina Beach, and outside the 100-year floodplain.

Property Details for 115 Turtle Cay Dr

Property type
Land
Lot Size (sq. ft)
135,907 SF

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.120582
Longitude
-77.9234139

FAQs

What type of property is this?
Land - Prime Wilmington, NC Riverfront Lot
Where is the land located?
The property is located at 115 Turtle Cay Dr Wilmington, NC.
What is the asking price?
The asking price for this property is $2,430,000.
What are key features of this property?
This property features: $2,430,000 asking price for 3.12 acres of residential land.; Located in Wilmington, NC, at 115 Turtle Cay Dr, in New Hanover County, zip code 28412.; R-15 zoning permits construction of three buildings totaling 27 luxury condominiums.
How can I contact the broker?
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115 Turtle Cay Dr
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