3 months on rocket

202 Palmetto Rd, Wilmington, NC, 28401

$1,200,000

7.57 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
WaterfrontNone
MLS #100459199
Lot Size7.57 Acres
StatusActive

About 202 Palmetto Rd

Some of the most beautiful land in New Hanover County. Would make a wonderful estate lot or lovely location for a small subdivision. Close to downtown and yet no city taxes. Historically this property was part of a large rice plantation. On over 7 acres of mostly high and dry land are groves of gorgeous hardwood trees. Looking out, this land will have a panoramic view of the Cape Fear River and marshland. A peaceful location situated right next to Preservation Point. This part of Wilmington is being discovered and is truly a wonderful location! There is a power line easement running through a small portion of the land, and water, sewer and natural gas are right next door.Survey and wetlands delineation was completed in 2024.

Property Details

Property Features

Listing Office:

  • Office Name: Living Seaside Realty Group

Exterior Features

Exterior Information:

  • Waterfront: None

Lot Features

Lot Information:

  • Lot: Wetlands
  • Lot Size: 7.57 Acres

Other

Directions Information:

  • Directions: From Downtown Wilmington take Castle Hayne Rd to left on Glendale, then left on Palmetto. Property on right. Sign on property

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

202 Palmetto Rd vs Wilmington

112 DAYS ON ROCKET

+68 Days

$1,200,000

+$774.4K More

KEY TAKEAWAY

This property is $774.4K more than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100459199

Listing Office:

  • Office Name: Living Seaside Realty Group

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. 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 (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm 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. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-946641
2
/10
  • Wrightsboro Elementary School

  • 2716 Castle Hayne Rd

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-946642
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 2.09 miles

  • Public Charter Grades KG-5

school-card-donut-946643
2
/10
  • Rachel Freeman School of Engineering

  • 2601 Princess Place Dr

  • 2.30 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,919. Most Wilmington, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 202 Palmetto Rd

What is the listing price of this property?

The listing price of 202 Palmetto Rd property is $1,200,000.

What type of property is this?

The property 202 Palmetto Rd is land located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 202 Palmetto Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 202 Palmetto Rd is 7.57 acres.
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Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›202 Palmetto Rd

This home is located at 202 Palmetto Rd in Wilmington, NC and zip code 28401 in the Hightsville neighborhood. This home sits on a 7.57 acre lot. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $1,200,000.

In October 2024 more than 46 listings in Wilmington, NC were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 153 were sold below. The number of homes for sale in Wilmington, NC increased by 3.5% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $425,528.

From Rocket Homes Real Estate and based on county public records data.

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