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    7663 Myrtle Grove Rd Wilmington, NC 28409

    For Sale
    $2,200,000

    LAND - Wilmington, NC

    Lot size:
    0.91 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 7663 Myrtle Grove Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-15
    APN
    R08211-001-010-000
    Lot size
    0.91 Acres

    Utilities

    Water source
    Well
    Water front features
    Waterfront
    Water front
    1

    Intracoastal Realty (910) 457-7400

    Listing agent Lorri B Shipston (910) 457-7400 License #243002

    Listing date Nov 26, 2025

    MLS# 100516545 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land with Development Potential

    This property on Myrtle Grove Road features 162 feet of Intracoastal Waterway frontage, offering views of the Intracoastal Waterway, Myrtle Grove Sound, Carolina Beach, and the Atlantic Ocean. The 0.91-acre lot also provides views of the marsh and wildlife. A one-room cottage, constructed in 1958 with heart-of-pine walls and ceiling, is currently situated on the property. It can serve as a weekend escape or a base for planning a new construction. The property includes a 4-bedroom septic permit. At low tide, a sandbar appears off the shoreline, suitable for launching kayaks and fishing. The zoning is R-15. This property is suitable for a home, vacation retreat, or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Kitchen & Bath Food Market Grocery Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.882207
    Latitude
    34.094966

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    FAQs

    What type of property is this?
    Specialty property - Prime Intracoastal Waterway frontage with development opportunity in Wilmington.
    Where is this specialty property located?
    The property is located at 7663 Myrtle Grove Rd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - 162 feet of Intracoastal Waterway frontage.; - Enjoy wide-open views of the Intracoastal Waterway, Myrtle Grove Sound, Carolina Beach, and the Atlantic Ocean.; - 4-bedroom septic permit in hand.
    (910) 457-7400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7663 Myrtle Grove Rd Wilmington, NC 28409
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