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$1,636,500
1821 Avalon Avenue
Wilmington, NC 28409
MLS# 100241413
Status: Closed
4 beds  |  3 baths  |  3266 sqft


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Property Description
Attention Realtors & buyers – this property can be reduced another $42,000 if buyer agrees to a 7 year term to allow seller's mother to continue to live in the guest cottage & have the use of 1 boat slip. Driftwood Manor is a spectacular Intracoastal Waterway front property that boasts 1000 ft of panoramic & unobstructed views of the ICWW, Masonboro Island, & the Atlantic Ocean! This one of a kind listing encompasses approx. 2 acres of buildable upland that can easily be subdivided into 4 individual parcels – each with their own 35' boat slip at the private floating pier & dock that has recently been refurbished & repowered. 2 of the 4 boat slips have brand new 13,000 lb electronic lifts with remotes. All new pilings & decking has been installed at the end of the pier. As you are looking at the property from the pier, you see the main home which sits on approx. .50 acre with an additional .80 acre of natural marsh fronting the ICWW. The home features 4 bedrooms, recent updating throughout including the 3 full baths, new Kitchenaide appliances, countertops & backsplash in the kitchen, refinished hardwood floors, & an expanded & completely renovated master suite which opens to the new wrap around deck & show stopping water views. The ground level fire pit patio area creates the ultimate space to soak in the views & ocean breezes. This property is protected by a new bulkhead on the ICWW & a new privacy gate at the main entrance of the property. This home has excellent VRBO or AirBnB potential with its two complete living spaces & separate entrances to the upstairs & downstairs areas of the main home. Directly behind the main house parcel, there is a 15,000 square foot vacant lot.... & ANOTHER 15,000 square foot lot behind that one! You could build two separate homes on these lots & include a boat slip with each! Rounding out this amazing opportunity is a 4TH approx. .50 acre parcel with an 864 square foot 1 bedroom 1 bath guest cottage that has been fully renovated!

Details
Maps
Building/Ext Features
ud_i_08: 2
Property Interior Info
Total SqFt - Heated (Primary + Separate): 3266
# Rooms: 11
# Baths - Full: 3
# Baths - Half: 0
# Baths - Total: 3
Master Bedroom Level: Non Primary Living Area
Stories: 2
Fireplace Y/N: Yes
SqFt - Heated (Primary): 3266
# Bedrooms: 4
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Auction: No
List Price/SqFt: 535.82
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2020-10-15
Listing Price: 1750000
Current Price: $1,636,500
Location Information
City Limits: No
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 1821
Street Name: Avalon
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28409
Subdivision: Avalon
Geo Lat: 34.119258
Geo Lon: -77.874166
Remarks and Showing
Sign on Property: No
Directions to Property: S College Rd to Left on Piner Rd. Right on Myrtle Grove Rd. Left on Avalon Ave to Right where pavements ends. Property will be on the Left.
Property Exterior Info
New Construction: No
Lot Acres: 2.03
Lot Dimensions: Irregular
Lot SqFt: 88427
Waterfront: Yes
Waterview: Yes
Location Type: Mainland
Legal & Taxes
Tax Assessed Value: 800100
Deed Book: 1400
Deed Page: 6199
Legal: LOT 5-R AVALON
Broker Owner: No
PID: R07908-005-006-000
Tax Identifier: R07908-005-006-000
Plat Book: N/A
Plat Page: N/A
Special Assessments: None
Tax Year: 2019
Zoning: R-15
HOA: No
Cobra Zone: No
Boat Slip
Boat Slip Length: 35
Garage & Parking
Attached Garage Spaces: 2
Detached Garage Spaces: 0
Total # Garage Spaces: 2
Total Carport Spaces: 0
Parking Features
On Site: 1
HOA and Neigh Amenities
No Amenities: 1
Waterfront Community: 1
Frontage Type
ICW Front: 1
Marsh Front: 1
View Type
ICW View: 1
Marsh View: 1
Ocean: 1
Water: 1
Construction
Wood Frame: 1
Lot Water Features
Boat Slip: 1
Boat Dock: 1
Boat Lift: 1
Bulkhead: 1
Deeded Water Access: 1
Deeded Water Rights: 1
Deeded Waterfront: 1
Salt Marsh: 1
Water Access Comm: 1
Water Depth 4+: 1
Exterior Features
None: 1
Exterior Finish
Brick: 1
Wood Siding: 1
Terms
Cash: 1
Conventional: 1
VA Loan: 1
Fencing
None: 1
Foundation
Slab: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Fuel Tank
Above or Below Ground: Above Ground
Fuel Type: Propane
Owned or Leased: Leased
Fuel Tank Ownership
Leased: 1
Patio and Porch Features
Balcony: 1
Deck: 1
Open: 1
Patio: 1
Porch: 1
Roof
Shingle: 1
Levels
Two: 1
Road Type/Frontage
Private Road: 1
Unpaved: 1
Cooling
Central Air: 1
Heated SqFt
3000 - 3499: 1
Heating
Heat Pump: 1
Water Heater
Electric: 1
Sewer
Septic Tank: 1
Water Source
Well: 1
Appliances/Equip
Built-In Microwave: 1
Dishwasher: 1
Electric Oven: 1
Gas Cooktop: 1
Refrigerator: 1
Interior Features
2nd Kitchen: 1
Blinds/Shades: 1
Ceiling Fan(s): 1
Gas Log: 1
Solid Surface: 1
Vaulted Ceiling(s): 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Security Features
Smoke Detector(s): 1
Laundry Features
Laundry Room: 1
Dining Room Type
Combination: 1
Separate Living Spcs
Guest House Desc: 879 Sq ft 1 BR 1 BA
Other Structures
Storage: 1
Rooms
Bedroom 2: 1
Bedroom 2 Level: Second
Bedroom 3: 1
Bedroom 3 Level: First
Bedroom 4: 1
Bedroom 4 Level: First
Dining Room: 1
Dining Room Level: Second
Family Room: 1
Family Room Level: First
Kitchen: 1
Kitchen Level: Second
Laundry: 1
Laundry Level: First
Living Room: 1
Living Room Level: Second
Master Bedroom: 1
Master Bedroom Level: Second
Office: 1
Office Level: First
Legal Taxes
Year Built: 1979
Status Change Info
Under Contract Date: 2020-12-01
Sold Price: $1,636,500
Sold Date: 2020-12-30
Property Features
Frontage Type: ICW Front; Marsh Front
View Type: ICW View; Marsh View; Ocean; Water
Construction: Wood Frame
Exterior Features: None
Exterior Finish: Brick; Wood Siding
Fencing: None
Foundation: Slab
Fuel Tank Ownership: Leased
Parking Features: On Site
Patio and Porch Features: Balcony; Deck; Open; Patio; Porch
Roof: Shingle
Levels: Two
Lot Water Features: Boat Dock; Boat Lift; Bulkhead; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Salt Marsh; Water Access Comm; Water Depth 4+
Cooling: Central Air
Heating: Heat Pump
Water Heater: Electric
Sewer: Septic Tank
Water Source: Well
Flooring: Carpet; Tile; Wood
Interior Features: 2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Gas Log; Solid Surface; Vaulted Ceiling(s); Walk-in Shower; Walk-In Closet(s)
Security Features: Smoke Detector(s)
Laundry Features: Laundry Room
Heated SqFt: 3000 - 3499
Dining Room Type: Combination
Other Structures: Storage
HOA and Neigh Amenities: Waterfront Community; No Amenities
Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Office
Terms: Cash; Conventional; VA Loan
Supplements
The cottage can also happily serve as a rental space. A third home could be built on this parcel as well. The options are endless with this property! Live where you love and put the rest of the property to work for you with extra income or enjoy the privacy and live on the Intracoastal Waterway! Seller is willing to consider subdividing in numerous ways.
Room Information
Room Name Length Width Level
Master Bedroom18.2012.00Second
Bedroom 213.0012.00Second
Bedroom 313.1013.70First
Bedroom 413.7010.70First
Living Room26.6016.90Second
Dining Room11.3014.50Second
Kitchen12.2011.10Second
Laundry10.005.70First
Family Room21.5013.20First
Dining Room13.0013.11First
Kitchen4.1113.90First
Office10.007.30First

IDX
Listing Office: Barber Realty Group Inc.

Last Updated: November - 19 - 2024

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