Location
Agent Comments
A property with possibilities! Situated on approximately 0.79 acres, this 3-bedroom, 1-bath home offers 1,238 heated square feet and the character of a 1946-era cottage, paired with the flexibility of O&I zoning. The existing home provides an opportunity to renovate and create a charming residence, while the expansive lot opens the door to exploring future expansion or development possibilities, subject to zoning and applicable approvals.
With its combination of land, existing improvements, and zoning flexibility, this property offers an opportunity to think beyond the typical residential purchase. Whether you envision breathing new life into the existing home or exploring the property's broader development potential, there is plenty of room to create something uniquely suited to your vision.
Properties offering this combination of acreage, existing residential improvements, and O&I zoning are not often available--come see the possibilities for yourself!
Additional Features
- County: New Hanover
- Days on Market: 0
- Pool: No
- Tax Number: R05520-009-003-000
- Water/Sewer: Water Connected
- Year Built: 1946
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Tax Year: 2025
- Tax Amount: $3,723.45
- Unit Type: 3 Bedroom
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air
- Heat System: Electric, Heat Pump
- Interior: None
- Room Type: Master Bedroom, Bedroom 1, Bedroom 2, Dining Area, Living Room, Dining Room, Office
- Total Rooms: 7
- Levels: One
- Heating Fuel: Electric
- Full Baths: 1
- 1/2 Baths: 0
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Off Street
- Roof: Architectural Shingle
- Siding: Aluminum Siding, Asbestos
- Is New Construction: No
- Construction: Aluminum Siding,Asbestos,Wood Frame
- Foundation: Raised
- Utilities: Water Connected
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: Back Yard,Wood,Front Yard
- Exterior: Aluminum Siding,Asbestos
- Patio/Deck Description: Covered,Front Porch
- Zoning: O&I
- Building Total Area (Sq.Ft): 1238
- Road Description: Paved
- Road Improvements: See Remarks
- View Description: None
Location
- Street Number: 5054
- County: New Hanover
- Latitude: 34.212014
- Longitude: -77.869687
- Marketing City: Wilmington
Listed by: Beatty Pittman Real Estate Team LLC from Intracoastal Realty Corporation.