427 Sylvan Lane, Wilmington, NC 28409

$2,050,000

427 Sylvan Lane
Wilmington, NC 28409
MLS# 100052917
Status: Closed

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Property Description
Wisps of ocean air greet you as you drive through the formal entry of this wonderful estate. This property is over 2 acres of beautifully sloping land speckled with Hundred year old live oaks draped with perfectly placed Spanish moss. A casual stroll down to the dock paints a breathtaking view of the Intracoastal Waterway and Hewlett's Creek which offers you a vantage point unparalleled by any other surrounding properties. The potential of this great property is limitless and could be your dream southern coastal estate.

Details

Maps

Contract Info

Status: Closed

Marketing Start Date: 2017-03-15

Sub-Type: Residential Land

Auction: No

Listing Price: 2200000

Current Price: $2,050,000

List Price/Acre: 758620.69

Stipulation of Sale: Standard

Location Information

Street #: 427

Street Name: Sylvan

Street Suffix: Lane

County: New Hanover

State/Province: NC

Zip Code: 28409

City Limits: Yes

Marketing City: Wilmington

Subdivision: Not In Subdivision

Secondary Subdivision: N/A

Geo Lat: 34.183314

Geo Lon: -77.843657

Remarks and Showing

Directions to Property: Take Masonboro Loop Road south turning right onto Masonboro Sound Road. Follow the road down and take a left onto Magnolia Drive. At the end of the road turn right and follow to the end where the entry to the property is located.

Sign on Property: Yes

Property Exterior Info

Acres - Total: 2.9

Lot SqFt: 126324

Deed Restriction: Yes

Waterfront: Yes

Water Frontage: 318

Waterview: Yes

Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 715000

Deed Book: 16

Deed Page: 485

Legal: ( 1.89 ACRES) 6 J O CARR EST MASONBORO

PID: R06700-002-035-000

Tax Identifier: R06700-002-035-000

Special Assessments: None

Tax Year: 2015

Zoning: R20

HOA: No

Cobra Zone: No

Flood Zone: Yes

Elementary School: Masonboro

Middle School: Roland Grise

High School: Hoggard

Status Change Info

Under Contract Date: 2017-10-29

Sold Price: $2,050,000

Sold Date: 2017-12-06

Property Features

Bldgs on Property: Main House; See Remarks

Soil Evaluation: Soil Evaluation - No

Frontage Type: Creek

Topography: Cleared

View Type: Creek/Stream; ICW View

Fuel Tank: Oil Above Ground

Fuel Tank Ownership: Owned

Environmental Hazard: Unknown

HOA and Neigh Amenities: No Amenities

Listing Office: Intracoastal Realty Corp

Last Updated: January - 16 - 2020

427 Sylvan Lane, Wilmington, NC 28409 - MLS# 100052917

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