Residential Development Land with Townhome
For Sale
$875,000
114 Longstreet Drive, Wilmington, NC 28412
A rezoned residential lot approved for 12 townhomes, with planning documents and site work ready to convey.
Property SizeContact for details
Lot Size1.20 Acres
Days on Market269
Property Features for 114 Longstreet Drive
General Information
Standard status
Active
Lot size
1.20 Acres
Property subtype
Land
Zoning
R-5
Taxes and HOA fees
Annual Taxes
$2,604
Amenities
No
Public
1.19
Paved
Maintained,City Street,State Road,Paved
Listing Agency:
Coldwell Banker Sea Coast Advantage
(912) 233-6000
Listed By:
Robert Sales · License #60162
(912) 655-7674
Source:
Baystreetrealtygroup
Added: Jan 10
Changed: Oct 4
Last Checked: Oct 5 at 4:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage
Investment Insights
Based on property information with market context.
This offering is a residential development lot totaling approximately 1.2 acres, positioned for townhome construction. The property has been rezoned to R5 and carries approval for the construction of 12 townhomes. The seller has documentation ready for the next steps, including a survey, preliminary site layout, soil test, and architectural plans, all intended to convey with the sale.
The site is described as being in Midtown on the edge of the Pine Valley Community. It is stated to be within walking distance of Pine Valley Country Club, and the property is also described as being near a newly renovated golf course planned to open in the fall of 2026. Additional nearby references provided include Novant Hospital and Independence Mall, along with Cape Fear Country Club and Live Oak Bank Headquarters, each within about 1 to 2 miles.
For builders and developers, the R5 rezoning and 12-townhome approval can help streamline early planning and permitting. The availability of survey, soil testing, preliminary layout, and architectural plans may reduce upfront soft costs and shorten time to move forward with development activities.
The site is described as being in Midtown on the edge of the Pine Valley Community. It is stated to be within walking distance of Pine Valley Country Club, and the property is also described as being near a newly renovated golf course planned to open in the fall of 2026. Additional nearby references provided include Novant Hospital and Independence Mall, along with Cape Fear Country Club and Live Oak Bank Headquarters, each within about 1 to 2 miles.
For builders and developers, the R5 rezoning and 12-townhome approval can help streamline early planning and permitting. The availability of survey, soil testing, preliminary layout, and architectural plans may reduce upfront soft costs and shorten time to move forward with development activities.
Key Highlights
- ~1.19‑acre residential lot rezoned to R5 and approved for construction of 12 townhomes
- Planning documents included: survey, preliminary site layout, soil test, and architectural plans to convey
- Road frontage on maintained paved city street/state road
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
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Business Placement
Demographics for 28412, NC
42,758
Population
20,704
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
93%
High-School Grad
22.3 sq mi
ZIP Area
1,917
Density / Sq Mi
$67,396
Median Household Income
$40,351
Median Earnings
$1,326
Median Rent
$342,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - A rezoned residential lot approved for 12 townhomes, with planning documents and site work ready to convey.
Where is this residential land & home lot located?
The property is located at 114 Longstreet Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: ~1.19‑acre residential lot rezoned to R5 and approved for construction of 12 townhomes; Planning documents included: survey, preliminary site layout, soil test, and architectural plans to convey; Road frontage on maintained paved city street/state road
