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Listing ID: 100342178
Price: $11,500,000
Status: Active
Address: 2999 Southport-Supply Road SE
City: Bolivia
State: North Carolina
Postal Code: 28422
SqFt: 7,062,818
Acres: 162.140
County: Brunswick
Subdivision: Not In Subdivision
ATTENTION DEVELOPERS & INVESTORS! Check out this opportunity to purchase a 162 Acre new residential development on the mainland in the town of Oak Island, NC. This site is fully entitled with the Town of OKI and is approved for up to 719 residential units, including a variety of residential product types (townhomes, duplexes, single-family detached, single-family attached, & multi-family residential.) Additionally, neighborhood retail, office and vertically or horizontally mixed-use projects are allowed. All Public Utilities are located on Hwy 211 at the entrance to the project site. 'Waterside at Oak Island' is conveniently located off Southport-Supply Rd SE (Hwy 211) in Brunswick County, one of the fastest growing counties in the United States. Located 30 miles from Wilmington & only 5 miles to the beaches of Oak Island, this exclusive development opportunity is strategically positioned to boost new home inventory in the area and offer varying types of residential units. Contact an Agent today for more information on this turn key development opportunity. An Offering Memorandum is available upon request.

Primary Features

County: Brunswick
Property Type: Land
Subdivision: Not In Subdivision
Zoning: PUD-CLD

External Features

Buildings on Property: None
Environmental Hazard: Unknown
Fuel Tank: None
Lot Description: PUD
Road Type/Frontage: Paved, Public (City/Cty/St)
Total Road Frontage: 1075
Water/Sewer: Community Sewer Available, Community Water Available, Electricity Available
Waterfront: no
Waterview: no

Location Information

City Limits: yes
Cobra Zone: no
Elementary School: Virginia Williamson
High School: South Brunswick
Location Type: Mainland
Marketing City: Oak Island
Middle School: Cedar Grove
Secondary Subdivision: N/A
Electric Provider: Brunswick Electric
Sewer Provider: Brunswick County Public Utilities
Water Provider: Brunswick County Public Utilities
Topography: Undeveloped


HOA: no
HOA Amenities: No Amenities

Financial Details

Auction: no
Deed Restriction: Yes
List Price/Acre: 70926.36
Possession: At Closing
Property Taxes: 9661.55
Soil Evaluation: Soil Evaluation - Yes
Special Assessments: None
Stipulation of Sale: None
Tax Assessed Value: 1945680
Tax Year: 2021
Terms: 1031 Exchange, Cash, Conventional

Zoning Info

Listing courtesy of Blue Strand Real Estate Group.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of Thursday, December 8th, 2022 at 05:05:59 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither listing broker(s) nor Coldwell Banker Sea Coast Advantage shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2022 North Carolina Regional MLS LLC.
#IDX-primaryPhoto,#idx-details-header Listed by: Blue Strand Real Estate Group (910) 988-8008

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