For Sale: Prime 1.74-Acre Waterfront Property on the

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Lot For Sale

5500 Peden Point Road

Wilmington, North Carolina 28409

New Hanover County

Waterfront: Yes

Water View: Yes

Community: Myrtle Grove

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$2,100,000 1.740 acres

For Sale: Prime 1.74-Acre Waterfront Property on the Intracoastal Waterway - Wilmington, NC

Discover endless possibilities with this rare 1.74-acre gem located on the stunning Intracoastal Waterway in Wilmington, North Carolina. Whether you're a savvy investor, a developer, or someone seeking the perfect waterfront opportunity, this property offers unmatched potential.

Property Highlights:
Prime Location: Situated in a highly desirable area of Wilmington, NC, with direct access to the Intracoastal Waterway.
Development Potential: Zoned for residential use, allowing the development of up to five single-family homes.
Income Opportunity: Currently operates as a thriving mobile home park, generating $6,500 in monthly income.
Waterfront Lifestyle: Stunning views, serene surroundings, and direct waterway access. Ideal for boating, fishing, and enjoying the coastal lifestyle.
Proven Value: An excellent investment opportunity with flexible options for future growth. Keep the existing mobile home park for steady income, currently 6500 per month, 4 of the 6 mobile homes convey with the land.
Transform this property into a beautiful residential community with up to five custom homes. This is a rare chance to own waterfront acreage with income-generating potential in one of North Carolina's most sought-after coastal cities.
Agent related to seller

  • Lot Size: 1.740 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: Water
  • Property Taxes: $6,677
  • MLS #: 100486145
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Contact Information:
phone Call now 1-855-943-4259
Beach Lot For Sale in Wilmington, North Carolina
Listing Agent: Diana M Setaro, Remax at the Beach, 910-294-1297, 910-278-1950 Listing Site, Listing Status: Active
Copyright © 2025 Hive MLS / Brunswick County Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5756295
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Updated: Jan 31, 2025

This property is a Lot located at 5500 Peden Point Road, Wilmington, North Carolina 28409, and is currently For Sale at $2,100,000.