115 Turtle Cay DrWilmington, NC 28412

Property Details for 115 Turtle Cay Dr

Lot size

3.12 AC

Property type

Land

Description

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.

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.1206

Longitude

-77.9234

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