Don't miss this great opportunity to own over 5 ½ acres just minutes from Carolina Beach! This unique property can be subdivided in a variety of ways. The original brick ranch style home built in 1959 has 3 bedrooms and 2 full baths, living and kitchen areas, and a laundry room. An addition (approximately 2,900 sq ft) was built in 1999 which includes a living area with hardwood flooring, tray ceilings and gas log fireplace, a full kitchen with a large pantry and island, 2 more bedrooms, 2 ½ baths, a screened in porch, and a side load 3 car attached garage. The water heater in this section is new. There are several walk-in closets throughout providing ample storage. Near the kitchen, there are steps leading to a spacious, floored attic that extends the length and width of the addition which could easily be finished into more rooms providing additional square footage. The property also has a huge 35ft X 50ft heated and cooled double bay detached garage/storage/workshop that would be perfect for boat, RV, or equipment storage. There is also a 12ft X 20ft metal storage building. The possibilities for this property are endless and there are no HOA restrictions. Take advantage of this unique opportunity to own a large tract of land within minutes of Carolina Beach. Live in one section of this home and rent out the other. Perfect for an extended family or in-law quarters. Or remove the structures and develop this property into multiple units.
Single-familyProperty Type
1999Year Built
5.56 acresLot Size
$262Est. Price/Sq.Ft.
5 car garageParking
Listed by Greg Barber• Barber Realty Group Inc.
Bought with Seth Huntt• Prosper Real Estate
Source:Hive MLS #100440306
Redfin Estimate
$1,180,918
$138K since sold in May 2025$160K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.4% higher than the average sale price ($981K) of 6 comparable homes.
Don't miss this great opportunity to own over 5 ½ acres just minutes from Carolina Beach! This unique property can be subdivided in a variety of ways. The original brick ranch style home built in 1959 has 3 bedrooms and 2 full baths, living and kitchen areas, and a laundry room. An addition (approximately 2,900 sq ft) was built in 1999 which includes a living area with hardwood flooring, tray ceilings and gas log fireplace, a full kitchen with a large pantry and island, 2 more bedrooms, 2 ½ baths, a screened in porch, and a side load 3 car attached garage. The water heater in this section is new. There are several walk-in closets throughout providing ample storage. Near the kitchen, there are steps leading to a spacious, floored attic that extends the length and width of the addition which could easily be finished into more rooms providing additional square footage. The property also has a huge 35ft X 50ft heated and cooled double bay detached garage/storage/workshop that would be perfect for boat, RV, or equipment storage. There is also a 12ft X 20ft metal storage building. The possibilities for this property are endless and there are no HOA restrictions. Take advantage of this unique opportunity to own a large tract of land within minutes of Carolina Beach. Live in one section of this home and rent out the other. Perfect for an extended family or in-law quarters. Or remove the structures and develop this property into multiple units.
Hive MLS #100441502
Jul 2, 2024
Listing Removed
—
May 24, 2024
Price Changed
$1,250,000
$278/sq ft
Apr 29, 2024
Listed
$1,300,000
$289/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,014 (+1.0%)
$304,600 + $718,100
$1,022,700
2024
$3,976 (+0.1%)
$304,600 + $718,100
$1,022,700
2023
$3,970 (−0.9%)
$233,300 + $513,500
$746,800
2022
$4,007 (−2.3%)
$233,300 + $513,500
$746,800
2021
$4,101
$233,300 + $513,500
$746,800
2020
$4,102
$233,300 + $513,500
$746,800
2019
$4,102
$219,300 + $429,200
$648,500
2018
$4,102 (−2.3%)
$219,300 + $429,200
$648,500
2017
$4,199 (−2.8%)
$219,300 + $429,200
$648,500
2016
$4,319 (+7.6%)
$219,300 + $429,200
$648,500
2015
$4,014 (+1.7%)
$233,100 + $390,200
$623,300
2014
$3,945
$233,100 + $390,200
$623,300
Tax history for 7400 Myrtle Grove Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,014 (+1.0%)
$304,600 + $718,100
$1,022,700
2024
$3,976 (+0.1%)
$304,600 + $718,100
$1,022,700
2023
$3,970 (−0.9%)
$233,300 + $513,500
$746,800
2022
$4,007 (−2.3%)
$233,300 + $513,500
$746,800
2021
$4,101
$233,300 + $513,500
$746,800
2020
$4,102
$233,300 + $513,500
$746,800
2019
$4,102
$219,300 + $429,200
$648,500
2018
$4,102 (−2.3%)
$219,300 + $429,200
$648,500
2017
$4,199 (−2.8%)
$219,300 + $429,200
$648,500
2016
$4,319 (+7.6%)
$219,300 + $429,200
$648,500
2015
$4,014 (+1.7%)
$233,100 + $390,200
$623,300
2014
$3,945
$233,100 + $390,200
$623,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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.
Property details
Interior
Bathroom Information
# of Full Baths: 4
# of 1/2 Baths: 1
# of Bathroom Fixtures: 21
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Electric
Heating Type: Heat Pump
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Prefab
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Style Type: Traditional
Building Construction Quality: Average
Exterior Wall: Brick Veneer
Roof Shape Type: Wood Joist
Building Type: Single Family
Property Information
Living Sq. Ft: 4,504
Ground Floor Sq. Ft: 4,504
Building Sq. Ft: 4,504
# of Stories: 1.4
Stories Type: 1
Legal Description: PT DAVIS
Parking & Garage Information
Garage/Parking Sq. Ft: 2,772
Lot Information
# of Buildings: 1
Land Sq. Ft: 241,980
Municipality Name: FIRE DISTRICT
Acres: 5.5551
Zoning Code: R-15
County Use Description: SINGLE FAMILY RESIDENCE
Utility Information
Sewer Type: Septic
Water Service Type: Well
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FIRE DISTRICT
Public facts
Beds: 5
Baths: 4.5
Sq. Ft.: 4,504
Stories: 1.4
Lot Size: 5.56 acres
Style: Single Family Residential
Year Built: 1999
Year Renovated: —
County: New Hanover County
APN: R08200-002-056-000
Home facts updated by county records on Jul 17, 2026
Around this home
Schools
Edwin A. Anderson Elementary
Public K-5 • Assigned • 1.4mi
10/10
Charles P Murray Middle
Public 6-8 • Assigned • 1.2mi
7/10
Eugene Ashley High
Public 9-12 • Assigned • 1.3mi
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)
53
35
58
40
70
50
76
58
80
65
88
73
90
78
85
72
81
69
74
58
69
51
58
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.7 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.12M – $1.36M
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