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884 Cheshire Road, Rocky Point, NC 28457

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For Sale

$2,450,000

135 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 135 acres
    Lot size

Explore this Property

+/-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.
MLS# 100438848

Courtesy Of Nest Realty

(910) 550-2788

Property Features

  • Amenities
    Pond
  • Architecture Style
    Other
  • Lot Size
    135 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 884 Cheshire Road, Rocky Point, NC 28457

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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