Discover a prime 3.04 acre R15 development opportunity in the heart of Wilmington. Located close to Carolina Beach and everything Wilmington has to offer. The property includes a brand new 1200 sqft steel barn, built to withstand winds up to 155 mph, and is perfect for horses, boats, and RV storage. The lot has an easement in place, and is potentially suitable for an 8-home site community or building your dream house next to the oak trees. Ask about the available 4000 sqft home plan.
Vacant landProperty Type
3.04 acresLot Size
$164,674Price/Acres
Listed by English Seward Real Estate Group• Berkshire Hathaway HomeServices Carolina Premier Properties
Listed by Tara English• Berkshire Hathaway HomeServices Carolina Premier Properties
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3.04 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
New Hanover County
APN
R07616-003-011-002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 23, 2026.
R-15
Residential-15 District
The purpose of the Residential-15 (R-15) District is established to provide lands that accommodate very low to low density residential development that can serve as a transition between very low density residential development patterns and smaller lot, more dense residential areas of the County. District regulations discourage development that substantially interferes with the quiet residential and recreational nature of the district.
Nov 16, 2023 • Final
Nhc residential accessory new
Work on a detached shed.
ADU
Aug 16, 2023 • Final
Nhc residential electrical - new
Install electrical wiring, lighting, outlets, and a meter for a detached shed.
ADU
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Property Features
Horses Allowed
Other Structures: Poultry Coop, Barn(s)
Property Information
Property Type: Land
Raw Mls Property Sub Type: Residential Lot
Land Information
Topography: Cleared/Partial
Lot Information
Road Frontage Type: Easement, City Street, State Road
Lot Size : 3.04
Lot Size Area: 3.04
Lot Size Units: Acres
Lot Size Acres: 3.04
Zoning: R-15
Financial
Tax Information
Tax Annual Amount: $1,637.52
Location
Schools Information
Elementary School: Bellamy
Middle Or Junior School: Myrtle Grove
High School: Ashley
Location Information
Directions: From I-40, continue S on S college Rd, turn left onto Piner Rd, continue straight onto Peden Point Rd, the lot is behind home 5301 Peden Point Rd on the left
Subdivision Name: Peden Point
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3.04 acres
Style: Other
Year Built: —
Year Renovated: —
County: New Hanover County
APN: R07616-003-011-002
Home facts updated by county records on Sep 23, 2026
Other
Listing Information
List AOR: Cape Fear Realtors MLS, Inc.
Around this home
Schools
Heyward C Bellamy Elementary
Public K-5 • Assigned • 2.2mi
10/10
Myrtle Grove Middle
Public 6-8 • Assigned • 0.8mi
9/10
Eugene Ashley High
Public 9-12 • Assigned • 3.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 104° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wilmington, NC • 28409
Average low and high temperatures (°F)
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58
69
51
58
40
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$476,000 – $576,000
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