600 River Road SE, Belville, NC 28451

$1,575,000
Sold Price
$1,575,000
List Price
$1,680,000
Status
CLOSED
MLS#
100270560
Closing Date
Mar 25, 2024
Days on Market
1050
Acres
5.90
Neighborhood
Not In Subdivision
Stipulations
None

Property Description

Rare +/- 5.9 acre development parcel with approximately 598' of frontage on the Brunswick River within the Belville town limits with municipal water and sewer available. The current R10 zoning could allow ten or more single family lots with clubhouse, common area and private marina. The highest and best use of a high-end multifamily waterfront community with private marina may be achieved through a rezoning or Special Use Permit. Preliminary concept plans for single family development and townhouse development are attached for reference. The subject is located less than 1/4 mile from Belville Elementary School and the Brunswick Riverwalk Park at Belville, less than two miles from the Leland Village Rd corridor, Magnolia Greens and Westgate commercial nodes and a quick jaunt over the Cape Fear River into Historic Downtown Wilmington. The location provides easy access to both the New Hanover and Brunswick County beaches plus Southport and Bald Head Island via automobile or boat. Nearby highway and interstate access includes US 74/ 76, US 421, US 17, I-140 and I-40. Brunswick County is the fastest growing county in North Carolina and the adjacent Wilmington MSA is #1 in the country for inbound moves. The Leland/Belville submarket enjoys one of the highest net worth demographics in the region with continued residential and major commercial development. Paired with a regional housing shortage the area is ripe for successful residential development selling at premium prices faster than it can be built. There are two exempt prospects for this property.

Additional Information

Available Amenities
No Amenities
Lot Information
Deeded Water Rights, Water Depth 4+, Wooded
Waterfront
Yes
Lot Water Features
Deeded Water Rights, Water Access Comm, Water Depth 4+, Waterfront Comm
Water
Municipal Water
Sewer
Municipal Sewer
Elementary School
Belville
Middle School
Leland
High School
North Brunswick

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Nest Realty. Selling Office: .

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