884 Cheshire Road Rocky Point, NC $ 2,450,000
884 Cheshire Road
$ 2,450,000
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884 Cheshire Road

Rocky Point, NC, 28457
$ 2,450,000
Baths0.0

Monthly Estimate*

$ 17,114

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Studio

Lots and Land for sale in Rocky Point, NC

for $2,450,000. The lot size is 135.

+/-135 acre parcel prime for residential development, working farm or ranch, wedding venue and more. Approximately half the acreage is cleared and includes three man-made ponds with drainage while the wooded half is ready for timbering. A +/- 4,000sf single family residence custom built with timber harvested from the site sits close to the road frontage and would make an excellent neighborhood clubhouse or farm homestead once renovated. A field wetland delineation performed November 2022 found extremely sparse wetlands totaling only .62 acres. These are now flagged and ready for Corps of Engineers confirmation. A copy of the wetland sketch is attached in the documents section. Situated between NC 133 and NC 210 the location provides easy access to the booming Pender Commerce Park and other employers in the US 421 Corridor plus is within 15 miles of most major Wilmington Area employers, easy access to I-40, area beaches and Wilmington proper. The subject is located within a federally designated Opportunity Zone, providing an extremely favorable avenue to offset gains without the constraints of a 1031 exchange. Residential Performance zoning provides 15,000sf lots with septic by-right and 12,000sf lots with connection to municipal or community water and sewer systems. Municipal water is available via an 8'' main at the road frontage, natural gas is available at the road frontage as well. The Wilmington MSA was recently found to be number one in the country for inbound moves and has been experiencing an increasingly severe housing shortage for years. Showings by appointment only, Listing Agent must be present.

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Lots and Land Active

Price

$ 2,450,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,541

Style

Farm

Lot Size

135

Town/City

Rocky Point

County/Region

Pender

MLS | Web ID

100438848

Features
Exterior
Lot Description Partially Cleared Wooded
Waterfront No
Fencing Barbed Wire Split Rail Wire
Soil Evaluation Soil Evaluation - No
Acres 135.00
Buildings on Property Chicken House Main House See Remarks Shed Storage Buildings
Lot Water Feature Pond on Lot
Road Type/Frontage Public (City/Cty/St)
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General
Utilities Municipal Water Available
Possession At Closing
current use Agriculture Farm Grazing Hunting Livestock Other Recreational Residential Single Family Timber
Zoning RP
Subdivision Not In Subdivision
Topography Cleared/Partial Level Wooded
County Pender
Stipulation of Sale None
Property Type B
HOA No
Terms 1031 Exchange Cash Farm Credit Farm Home Admin
Tax Year 2023
Lot Sqft 5880600.00
Days on Market 29
City Limits No
Sub-Type Farm
Waterview No
City Rocky Point
Middle School Cape Fear
Street Name Cheshire
High School Heide Trask
HOA and Neigh Amenities No Amenities
Elementary School Cape Fear
Location Type Mainland
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Interior
Street Suffix Road
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* Excluded Features
List By
Eric G Knight

Listing Agent

Nest Realty

Broker

eric@nestrealty.com

Email

Affordability Calculator

$17,409
Per Month
98%
2%
0%
Monthly Principal & Interest
$17,114
Monthly Property Taxes
$295
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3960246 Elementary School
3959155 Middle School
Heide Trask High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$2,450,000 Listed Price

Map


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884 Cheshire Road, Rocky Point, NC, 28457 is a Lots and Land for sale at $2,450,000 with a lot size of 135. 884 Cheshire Road is a studio with 0.0 baths. The property's zip code is 28457 which is in Rocky Point, NC