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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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258 Plantation Rd , Wilmington, NC 28405
$525,000
Est. Payment: $2,705.43/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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. 61 acres were zoned for commercial and is on the market. Should be a grocery store, movie theater and medical offices. Buy clusters of other properties located adjacent to this 5.5 acres to build a small subdivision or a business. Approved by Planning 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.

Highlights

Listed by Donna H Grady , 910-262-5390 Coastal Properties , 910-256-8171. Hive MLS mls logo

Property Type

Vacant Land

Lot/Acreage
5.55

County

New Hanover

Neighborhood

Greenview Ranches

Listing ID

100575424

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Outside City Limits
Lot Dimensions:460' X 525.5'
Zoning:R-15
Principal Interest
$2,705
Taxes
$335

Home Price

$525,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$105,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,705.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,705.43 $334.69 $0.00 $3,040.12
Yearly $32,465.20 $4,016.25 $0.00 $36,481.45
Total $973,955.91 $120,487.50 $0.00 $1,094,443.41

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T01:59:34.000Z

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