202 Palmetto Road

Wilmington, NC 28401

$1,200,000
Price
329,749 / 7.57
Lot Size / Acres

Description

Some of the most beautiful land in New Hanover County. Would make a wonderful estate lot or lovely location for a small subdivision. Close to downtown and yet no city taxes. Historically this property was part of a large rice plantation. On over 7 acres of mostly high and dry land are groves of gorgeous hardwood trees. Looking out, this land will have a panoramic view of the Cape Fear River and marshland. A peaceful location situated right next to Preservation Point. This part of Wilmington is being...Some of the most beautiful land in New Hanover County. Would make a wonderful estate lot or lovely location for a small subdivision. Close to downtown and yet no city taxes. Historically this property was part of a large rice plantation. On over 7 acres of mostly high and dry land are groves of gorgeous hardwood trees. Looking out, this land will have a panoramic view of the Cape Fear River and marshland. A peaceful location situated right next to Preservation Point. This part of Wilmington is being discovered and is truly a wonderful location! There is a power line easement running through a small portion of the land, and water, sewer and natural gas are right next door. Survey and wetlands delineation was completed in 2024.
  1. Listed by Caroline Dugas • Living Seaside Realty Group
  2. Listed by Tania F Upchurch • Living Seaside Realty Group

Property Details for 202 Palmetto Road

View
River, Water
Subdivision Name
Not In Subdivision
Zoning
FD
Waterfront
No
Waterfront
No
Waterview
Yes
LISTING UPDATED: 08/05/2024 10:36 AM

Property Details for 202 Palmetto Road

StatusActive
MLS #100459199
Days on Market112
Taxes$587 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size7.57 AC
CountyNew Hanover County

Building Information for 202 Palmetto Road

Lot Size7.57 AC

Property Information for 202 Palmetto Road

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28401
  • County Or Parish: New Hanover
  • Directions: From Downtown Wilmington take Castle Hayne Rd to left on Glendale, then left on Palmetto. Property on right. Sign on property
  • Latitude: 34.27
  • Longitude: -77.94
  • City Limits: No
  • Secondary Subdivision: N/A
  • Location Type: Mainland
  • Legal and Taxes: Zoning Details: FD
  • Topography: Undeveloped: Yes
Taxes and HOA
  • Tax Other Assessment Amount Frequency: none
  • Association Fee: $.00
  • Tax Legal Description: WALKER TR CAPE FEAR
  • Tax Book Number: 0
  • Tax Map Number: R04100-001-002-001
  • Tax Year: 2023
  • Tax Assessed Value: $112,300.00
  • Parcel Number: R04100-001-002-001
  • Tax Block: 0
  • Association: No
  • Tax Annual Amount: $586.77
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6052
  • Legal and Taxes: Deed Page: 181.0
  • Legal and Taxes: Legal: WALKER TR CAPE FEAR
  • Legal and Taxes: PID: R04100-001-002-001
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $112,300.00
  • Legal and Taxes: Total Real Estate Property Taxes: $586.77
  • Legal and Taxes: Tax Year: 2023
Property
Lot Information
  • Lot Features: Wetlands
  • Lot Size Units: Acres
  • Lot Size Acres: 7.57
  • Lot Size Area: 7.57
  • Lot Size Dimensions: irreg
  • Lot Size Square Feet: 329749.0
  • Lot Dimensions: irreg
  • Acres - Total: 7.57
  • Acres - Cleared: 0.5
  • Lot Sq Ft: 329749.0
  • Total Road Frontage: 138.00
  • Bldgs on Property: None: Yes
  • Soil Evaluation : Soil Evaluation - No: Yes
  • Lot Water Features: Marsh Front: Yes
  • Lot Water Features: River View: Yes
  • Lot Water Features: Water View: Yes
Property and Assessments
  • Current Use: Vacant
  • Legal and Taxes: Federal Flood Insurance Available: Yes
  • Legal and Taxes: Special Assessments: none
Green Features
  • Green Building Certify: Unknown: Yes
Utilities
  • Utilities: Electricity Available, Municipal Sewer Available, Municipal Water Available, Natural Gas Available
  • Service Providers: Electric Provider: Duke Progress Energy
  • Service Providers: Natural Gas Provider: Piedmont Natural Gas Co.
  • Service Providers: Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available: Yes
  • Utilities: Natural Gas Available: Yes
Interior and Exterior Features
Exterior Features
  • Other Structures: None
  • Fuel Tank: None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 202 Palmetto Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 202 Palmetto Road

Taxable ValueLand$53,900Additions$430,100Total$484,000
Tax Record2024$2,603 ($217 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,377 SqFtAbove Grade Finished SqFt2,377 SqFtStories2Lot Size18,731 SqFtStyleSingle Family ResidenceYear Built2018ZoningR-15,RESIDENTCountyNEW HANOVERAPNR04100-001-148-000Fireplace TypeHas Fireplace

Schools near 202 Palmetto Road

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Wrightsboro Elementary
PublicPK to 5

Holly Shelter Middle School
Public6 to 8

New Hanover High
Public9 to 12

D.C. Virgo Preparatory Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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202 Palmetto Road is a 7.57 ac of land for sale in Wilmington, NC 28401. This property was listed for sale on August 3, 2024 by Living Seaside Realty Group, it's currently listed at $1,200,000. This listing's school district is New Hanover County School District. Nearby schools include Wrightsboro Elementary, Holly Shelter Middle School and New Hanover High. 202 Palmetto Road is a 0-bed, 0-bath, 7.57 ac of land on a 329,749 sq. ft. / 7.57 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Living Seaside Realty Group

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 08/05/2024 10:36 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS