Attention Builders! Rare development opportunity in prime Midtown Location on the edge of the Pine Valley Community! Final engineer plans have been submitted to the City of Wilmington and final approval is expected by end of 2026. This ~1.2 acre lot has been rezoned to R5 and is approved for the construction of 11 townhomes. Seller has survey, preliminary site layout, soil test, and architectural plans in hand which will convey with the sale. The lot is located within walking distance of Pine Valley Country Club with a newly renovated golf course Opening in October 2026. Limited memberships are still available. . Also within 1-2 miles of Novant Hospital, Independence Mall, Cape Fear Country Club, Live Oak Bank Headquarters and much more. Listing agent is the owner. Renderings are very close to final proposed design but not to exact scale.
| MLS # | 100548492 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 286 |
| Listing Provided By | Flat Fee Realty and Management LLC | Patrick A Alderson |
| Zoning | R-5 |
|---|---|
| Acreage | 1.19 |
| Topography | Undeveloped, Wooded |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Utilities | Sewer Available, Water Available |
|---|
| Tax Assessed Value | 442600 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | LOT 1 VACANT LONGSTREET PLACE |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Elementary School | Pine Valley |
| High School | Hoggard |
| Listing VS Median (in 28412) | |
Price: $875,000 low | high Med: $435,255 On site: 286 low | high Med: 48.5 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Elementary School | Pine Valley |
| High School | Hoggard |
| Listing VS Median (in 28412) | |
Price: $875,000 low | high Med: $435,255 On site: 286 low | high Med: 48.5 | |