Location
Agent Comments
Exceptional Development Opportunity | Rezoning Approvals Nearly in Hand
This newly combined parcel presents a rare and exciting development opportunity in one of Wilmington's fastest-growing residential infill corridors. The site includes approximately 2.56 acres with approximately 100 feet of road frontage along Worth Drive, providing valuable access for utilities and vehicles to the rear acreage.
Rezoning approvals are nearly in hand, positioning this property for a planned residential development and significantly advancing the project beyond the typical early-stage planning process. The site is well suited for a thoughtfully designed townhome or cottage court community with the potential for up to 20 units, subject to final approvals and development requirements.
The surrounding area continues to experience substantial residential growth, with numerous new construction projects, including duplex and triplex communities, reinforcing the area's transition toward higher-density residential development.
An existing 2-bedroom, 1-bath home on the property is currently leased for $1,800 per month on a 12-month term, providing immediate income while final development plans move forward.
This is a unique opportunity to acquire a strategically located, development-ready parcel in a proven growth corridor with rezoning progress already substantially underway. Ideal for builders, developers, and investors seeking a residential infill project in the Wilmington market.
Amenities
- Gas Oven
- Built-In Gas Oven
- Freezer
- Refrigerator
- Dishwasher
Additional Features
- County: New Hanover
- Days on Market: 98
- Pool: Yes
- Pool Features: None
- Tax Number: R06505-012-010-000
- Water/Sewer: Sewer Connected, Water Connected
- Year Built: 1958
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Tax Year: 2025
- Tax Amount: $1,634.86
- Unit Type: 2 Bedroom
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air, Heat Pump
- Fireplaces: 1
- Heat System: Heat Pump, Electric, Forced Air, Natural Gas
- Interior: Pantry
- Room Type: Master Bedroom, Bedroom 1, Great Room, Dining Area, Living Room
- Total Rooms: 5
- Levels: One
- Heating Fuel: Electric,Natural Gas
- Full Baths: 1
- 1/2 Baths: 0
- Furnished: Unfurnished
- Attic Description: None
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Parking Pad
- Pool: None
- Roof: Shingle
- Siding: Wood Siding
- Is New Construction: No
- Construction: Wood Siding,Wood Frame
- Foundation: Crawl Space
- Water Source: Public
- Septic or Sewer: Municipal Sewer
- Utilities: Sewer Connected,Water Connected
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: None
- Exterior: Wood Siding
- Patio/Deck Description: Deck,Screened,Glass Enclosed,Rear Porch,Side Porch
- Zoning: R-5
- Building Total Area (Sq.Ft): 988
- Road Description: Paved
- Road Improvements: See Remarks
- View Description: See Remarks
Location
- Directions: From downtown Wilmington, take Carolina Beach Rd. Turn right on to Shipyard Blvd, then left on to Worth Dr. Properties will be on right.
- Street Number: 2830
- County: New Hanover
- Latitude: 34.1866
- Longitude: -77.944405
- Marketing City: Wilmington
Listed by: Daniel J Boyle from Town & Country Real Estate.