NC > Carolina Beach > Not In Subdivision
Carolina Beach, NC 28428,517 Greenville AVE
Carolina Beach, NC 28428,517 Greenville AVE
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$765,000
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10,019 Sqft Lot
Price Dropped by $5K

517 Greenville AVE Carolina Beach, NC 28428

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Britt Frost

Britt Frost

+1(910) 390-6972

UPDATED:

02/19/2025 06:10 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100487423

Originating Board Hive MLS

Annual Tax Amount $2,519

Lot Size 10,019 Sqft

Acres 0.23

Lot Dimensions 100' X 100'

Property Description

Located at 517 Greenville Ave in Carolina Beach, NC, this exclusive land deal offers a prime development opportunity in a high-demand area. The 0.23-acre lot is zoned R-1, allowing for the construction of up to four townhomes by right with no rezoning required. Situated in an X Flood Zone, there is no requirement for costly flood insurance, making it even more appealing for developers. The existing house on the lot will need to be demolished to make way for new construction, providing a clean slate for investment. With its close proximity to the beach and the growing real estate market in Carolina Beach, this lot presents significant potential for builders and investors alike. The sale is an assignment of contract, and the asking price is $770,000. Don't miss this rare opportunity to secure a prime piece of real estate in a sought-after coastal location.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning R-1

Direction From Wilmington, take US-421 S (Carolina Beach Road) and continue for approximately 12 miles. After crossing the Snow's Cut Bridge into Carolina Beach, stay on N Lake Park Blvd for about 1.5 miles. Turn right onto Greenville Ave, and continue for approximately 0.3 miles. The property, 517 Greenville Ave, will be on your left. Look for the existing house on the lot, which is set for redevelopment.

Location Details Island

Rooms

Other Rooms Main House

Schools

Elementary Schools Carolina Beach

Middle Schools Murray

High Schools Ashley

Others

Tax ID R09009-016-001-005

Special Listing Condition None

Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Prosper Real Estate

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agent

Britt Frost

Team Operations Manager | Agent | License ID: 284129

+1(910) 390-6972

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517 Greenville AVE