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Residential Land in Gated Community
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172 Southern Magnolia Lane, Wallace, NC 28466

Land, Wallace, NC

Property SizeContact for details
Lot Size0.31 Acres
Days on Market231

Property Features for 172 Southern Magnolia Lane

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision River Landing
Lot features Cul-De-Sac
Elementary school Wallace
Middle school Wallace
High school Wallace-Rose Hill
Directions Turn right onto Paddlewheel Dr/River Landing Country Club Road, Continue to follow Paddlewheel, Turn right onto Magnolia Bay Ln, Turn right onto Southern Magnolia Ln- Lot is located inside cul de sac at the end of Southern Magnolia.
Standard status Active
APN 092308
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 406, MAGNOLIA BAY
Tax Annual Amount 132
HOA Fee $1,475 Annually
Legal Description LOT 406, MAGNOLIA BAY

Utilities

Utilities Water Available
Water source Public
Listing Agency: Keller Williams Innovate-Wilmington · Keller Williams Realty
Listed By: Claire S Parker · License #338482
Added: Jan 28 Changed: Aug 19 Last Checked: Sep 16 at 11:06PM
MLS# 100553739

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.31-acre vacant homesite is located in the gated community of River Landing, offering a setting for building a custom dream home. The property is surrounded by mature trees and natural beauty. Residents have access to amenities including two championship golf courses, a clubhouse, fitness facilities, walking trails, and scenic river views. The community offers small-town living with security in a golf community. The location provides convenient access to Wilmington, Raleigh, and the coast via I-40.

Key Highlights

  • Vacant homesite in the prestigious, gated River Landing community
  • Access to world‑class amenities: 2 championship golf courses, clubhouse, fitness facilities, walking trails, and scenic river views
  • Peaceful setting surrounded by mature trees and natural beauty

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 28466, NC

8,773
Population
4,647
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
85%
High-School Grad
179.1 sq mi
ZIP Area
49
Density / Sq Mi
$61,906
Median Household Income
$38,511
Median Earnings
$851
Median Rent
$179,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Homesite in River Landing with golf and river access.
Where is this land located?
The property is located at 172 Southern Magnolia Lane Wallace, NC.
What are key features of this property?
This property features: Vacant homesite in the prestigious, gated River Landing community; Access to world‑class amenities: 2 championship golf courses, clubhouse, fitness facilities, walking trails, and scenic river views; Peaceful setting surrounded by mature trees and natural beauty
More about this property
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