$525,000
 $2,739 est/mo Sourced by Back At You

258 258 Plantation Road,Wilmington, NC 28405

Wilmington, NC 28405

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Description

Great 1031 Exchange. Seller wants to close before the end of the year. The UDO for the County was just approved. It will make it easier for developers and investors to get approved through the County Planning Board. The County has spent money on the Sewer and Water systems and are wanting Greenview Ranches to be developed. Atrium Hospital has purchased the 65 Acre Commercial Property between Military Cutoff Extension and Crooked Pine Rd. Water and Sewer is now available in Greenview Ranches South of I-140. Hampstead By-Pass is being constructed at Military Cutoff Extension and I-140. Opportunity to own 5.5 acres in Northern part of New Hanover County. Greenview Ranches was a subdivision that was mapped out and recorded but never developed. Military Cutoff Extension opened up 2000 acres of raw land in New Hanover below and above Highway I-140 and stretches from end of Murrayville Rd. to Porters Neck. Infrastructure in place: 95' T-Mobile Cell Tower approved by County Commissioners to be constructed on corner of Service Rd and Plantation Rd., Duke Power lines, Fiber Optic Cable and Internet, Crooked Pine Water Project, and CFPUA Sewer pipes. Main Force Sewer in the area will be on a cost basis. There is a huge developer ready to build homes on 91 acres. Buy clusters of other properties located adjacent to this 5.5 acres to build a small subdivision or a business. Approved by County Commissioners will be an assisted living facility just as you come off Military Cutoff Ext on to Plantation Rd. Make your offer now. Great investment in the future of the development of Greenview Ranches. Location: From Market St take Military Cutoff Ext towards I-140 exit on to Service Rd just before the loop to I-140 and the construction of Hampstead By-Pass. Take the service road to Plantation Rd. Property is located on the left side. Count 2 parcels over from the service road and like the Knight piece in Chess go two parcels up and one over to the right. This 5.5 acre parcel is the one over. See attached map.

Details

MLS #100575424
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site167
Listing Provided ByCoastal Properties | Donna H Grady

Features

ZoningR-15
Acreage5.55

Exterior

TopographyUndeveloped, Wooded

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo

Utilities

UtilitiesSewer Tap Available, Water Tap Available, Electricity Available, Utility Easement

Taxes

Tax Assessed Value330100
Tax Book Number8
Tax Legal DescriptionRanch 258 Section 3 Greenview Ranches
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28405
Community NameGreenview Ranches
Elementary SchoolMurrayville
High SchoolLaney
Listing VS Median (in Greenview Ranches)
Price:
$525,000
low | high
Med:
$799,000
2.190476190476% of Average
On site:
167
low | high
Med:
40
100% of Average
Sourced by Back At You

Market Activity 28405

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28405
Community NameGreenview Ranches
Elementary SchoolMurrayville
High SchoolLaney
Listing VS Median (in Greenview Ranches)
Price:
$525,000
low | high
Med:
$799,000
2.190476190476% of Average
On site:
167
low | high
Med:
40
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $393K - $656K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
0 257 Plantation Road Property Photo 1
$525,000
0 257 Plantation Road
Wilmington, NC 28411
Listing Updated: October 29, 2026 at 2:34:58 AM PDT