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Sold for $980,000
  • $980,000

    2787 Malmo Loop Road NE, Leland, NC 28451

    --beds
    0baths
    47.62Acres
    Land
    Built in ----
    47.62 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,696 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,696/mo

    Zestimate® history
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    What's special

    Located in one of Brunswick County's fastest-growing corridors, 2787 Malmo Loop Road NE represents an exceptional buy-and-hold opportunity for investors seeking future development upside. Situated just minutes from the Terrapin development and the expanding Highway 87 corridor, the property lies directly in the path of continued residential growth and infrastructure expansion. The tract encompasses approximately 47 acres, with an outstanding 44 acres of uplands and only about 3 acres of wetlands, creating a highly favorable foundation for future entitlements once sewer infrastructure reaches the area. Water and electricity are available nearby, and sewer is currently located approximately one mile away near the Terrapin development, with ongoing expansion expected as surrounding projects move forward. In the interim, the property offers immediate recreational value and usability, allowing an owner to enjoy the land today while holding it for long-term appreciation. Numerous nearby tracts in this corridor have already gone under contract for residential development purposes, further supporting the area's strong growth trajectory. With its high upland ratio, proximity to active development, and location in the booming Brunswick County market just 25 minutes from Wilmington, this property stands out as a strategic land investment—ideal for recreational enjoyment now and future entitlement and development potential down the road.

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2026 at 06:31pm

    Listed by:

    Kenyon Realty Group 910-625-7940,

    Intracoastal Realty Corp,

    Austin Kenyon 910-625-7940,

    Intracoastal Realty Corp

    Bought with:

    Kenyon Realty Group

    Intracoastal Realty Corp

    Austin Kenyon, 349701

    Intracoastal Realty Corp

    Source: Hive MLS,MLS#: 100547170MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 47.62 Acres
    • Topography: Undeveloped,Wooded
    Details
    • Additional structures: None
    • Parcel number: 02700066
    • Zoning: RR
    • Special conditions: Standard

    Community & neighborhood

    Location
    • Region: Leland
    • Subdivision: Not In Subdivision

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    4/2/2026Sold$980,000
    Source: Hive MLS #100547170 Report a problem
    1/2/2026Pending sale$980,000
    Source: Hive MLS #100547170 Report a problem
    1/2/2026Listed for sale$980,000+310.9%
    Source: Hive MLS #100547170 Report a problem
    4/28/2022Sold$238,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,012 +0.7%$266,770
    2024$1,005 +0.5%$266,770
    2023$1,000 $266,770 +24%

    Find assessor info on the county website

    Neighborhood: 28451

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Town Creek
    • Middle: Leland
    • High: North Brunswick

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.