#100435811, Listing Office: Coldwell Banker Sea Coast Advantage-CB
Property details
About 5500 Peden Point Rd
For Sale: Prime 1.74-Acre Waterfront Property on the Intracoastal Waterway - Wilmington, NCDiscover endless possibilities with this rare 1.74-acre gem located on the stunning Intracoastal Waterway in Wilmington, North Carolina. Whether you're a savvy investor, a developer, or someone seeking the perfect waterfront opportunity, this property offers unmatched potential.Property Highlights:Prime Location: Situated in a highly desirable area of Wilmington, NC, with direct access to the Intracoastal Waterway.Development Potential: Zoned for residential use, allowing the development of up to five single-family homes.Income Opportunity: Currently operates as a thriving mobile home park, generating $6,500 in monthly income.Waterfront Lifestyle: Stunning views, serene surroundings, and direct waterway access. Ideal for boating, fishing, and enjoying the coastal lifestyle.Proven Value: An excellent investment opportunity with flexible options for future growth. Keep the existing mobile home park for steady income, currently 6500 per month, 4 of the 6 mobile homes convey with the land. Transform this property into a beautiful residential community with up to five custom homes. This is a rare chance to own waterfront acreage with income-generating potential in one of North Carolina's most sought-after coastal cities. Agent related to seller
Highlights
Home typeMulti Family
StatusActive
Lot size1.74 Acres
MLS #100486145
Summary
- MLS Number: 100486145
- Office Name: RE/MAX at the Beach / Oak Island
Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). 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 this firm 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. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,100,000
5500 Peden Point Rd
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 18, 2022 | Home Sold | $825,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,277,900 | $6,775 |
History based on county public records data.
Nearby schools
8
Heyward C Bellamy Elementary School
Public District KG-5
2.3 mi
•70 Sanders Rd
6
Mary C Williams Elementary School
Public District KG-5
2.6 mi
•801 Silver Lake Rd
6
Edwin A Anderson Elementary School
Public District KG-5
3.3 mi
•455 Halyburton Memorial Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,391. Residents of Wilmington, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
28%
<35k
40%
35k-100k
28%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
IKEA
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Chipotle
Boston Market
LongHorn Steakhouse
What do the neighbors drive?
Jeep
Mazda
Volvo
What do the neighbors listen to?
Alternative
Rock
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 5500 Peden Point Rd
This home is located at 5500 Peden Point Rd in Wilmington, NC and zip code 28409 in the Intracoastal Waterway neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $2,100,000.
While more than 26 listings in Wilmington, NC in January 2025 were sold above asking price, there were more than 46 listings sold at asking price, and more than 151 were sold below. The inventory of homes for sale in Wilmington, NC between December and January 2025 increased by 0.1%. In January 2025 median list price was $432,035 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.