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.
Sold for $440,000
$440,000
5231 Peden Point Road, Wilmington, NC 28409
--beds
0baths
3.04Acres
Land
Built in ----
3.04 Acres Lot
$432,400 Zestimate®
$--/sqft
$1,872 Estimated rent
Home value
$432,400
$376,000 - $484,000
$1,872/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 18, 2026 at 10:51pm
Listed by:
English Seward Real Estate Group 910-200-6463,
Berkshire Hathaway HomeServices Carolina Premier Properties,
Tara A English 910-256-0021,
Berkshire Hathaway HomeServices Carolina Premier Properties
Bought with:
A Non Member
A Non Member
Source: Hive MLS,MLS#: 100448345
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 3.04 Acres
- Features: Partially Cleared
- Topography: Cleared/Partial
Details
- Additional structures: Poultry Coop, Barn(s)
- Parcel number: R07616003011002
- Zoning: R-15
- Special conditions: Standard
- Horses can be raised: Yes
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Peden Point
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $440,000-11.8% |
Source:  Hive MLS #100448345 Report a problem | ||
| 10/29/2024 | Pending sale | $499,000 |
Source: Hive MLS #100448345 Report a problem | ||
| 9/26/2024 | Price change | $499,000-8.6% |
Source: Hive MLS #100448345 Report a problem | ||
| 8/18/2024 | Price change | $545,900-0.7% |
Source: Hive MLS #100448345 Report a problem | ||
| 7/31/2024 | Price change | $550,000-8.3% |
Source: Hive MLS #100448345 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,380 -24.4% | $364,600 +4.4% |
| 2024 | $1,826 +11.5% | $349,400 +11.5% |
| 2023 | $1,638 -0.9% | $313,400 |
Find assessor info on the county website
Neighborhood: Myrtle Grove
Nearby schools
GreatSchools rating
- 10/10Heyward C Bellamy ElementaryGrades: K-5Distance: 2.2 mi
- 9/10Myrtle Grove MiddleGrades: 6-8Distance: 0.8 mi
- 5/10Eugene Ashley HighGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Bellamy
- Middle: Myrtle Grove
- High: Ashley
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.