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$1,750,000
225 2 Summer Rest Road
Wilmington, NC 28405
MLS# 100169671
Status: Closed



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Property Description
1 if by land! 2 if by sea! Perhaps Wilmington's most sought after address, Summer Rest, at the foot of the scenic drawbridge to Wrightsville Beach provides easy walking access to the loop, Airlie Gardens, over 30 restaurants and the area's best shops. With only four home sites comprising Summer Rest Estates, each lot includes two 30 foot boat slips and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate lot and start enjoying the best life. . . By land or by sea!

Details
Maps
Contract Info
Sub-Type: Residential Land
Auction: No
List Price/Acre: 3189655.17
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2019-06-07
Listing Price: 1850000
Current Price: $1,750,000
Location Information
Lot #: 2
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 225
Street Name: Summer Rest
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28405
Subdivision: Summer Rest
Geo Lat: 34.221071
Geo Lon: -77.812947
Remarks and Showing
Sign on Property: Yes
Directions to Property: Take Eastwood Road towards Wrightsville Beach. Last left before crossing over the bridge is Summer Rest Road
Property Exterior Info
Acres - Total: 0.58
Lot Dimensions: 295x98x309x75
Lot SqFt: 25265
Deed Restriction: No
Waterfront: No
Total Road Frontage: 98
Waterview: Yes
Location Type: Mainland
Water Frontage: 0
Legal and Taxes
Tax Assessed Value: 2752700
Deed Book: 6208
Deed Page: 503
Legal: LOT 2 SUMMER REST
Broker Owner: Yes
PID: 315716838736000
Tax Identifier: R05714-003-012-000
Plat Book: 36
Plat Page: 358
Special Assessments: None
Tax Year: 2018
Zoning: R-20
HOA: Yes
Cobra Zone: No
School District: New Hanover
Elementary School: Wrightsville Beach
Middle School: Noble
High School: Hoggard
Current Use
Residential: 1
Bldgs on Property
None: 1
HOA and Neigh Amenities
Maint - Comm Areas: 1
HOA
Association Fee 1/Year: 3000
HOA 1 Mgmt. Company: Summer Rest HOA
HOA 1 Mgmt. Phone: 9102328850
Soil Evaluation
Soil Evaluation - No: 1
Frontage Type
ICW Front: 1
Topography
Cleared: 1
Marsh/Wetland: 1
Lot Water Features
Deeded Water Rights: 1
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Terms
Cash: 1
Conventional: 1
Fencing
None: 1
Fuel Tank
None: 1
Environmental Hazard
Unknown: 1
Lot Description
Wetlands: 1
Road Type/Frontage
Paved: 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Status Change Info
Under Contract Date: 2020-07-27
Sold Price: $1,750,000
Sold Date: 2020-08-19
Property Features
Current Use: Residential
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Frontage Type: ICW Front
Topography: Cleared; Marsh/Wetland
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Lot Water Features: Deeded Water Rights
HOA and Neigh Amenities: Maint - Comm Areas
Terms: Cash; Conventional

IDX
Listing Office: Intracoastal Realty Corp

Last Updated: August - 21 - 2020

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