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Waterfront Land for Condo Development
For Sale
$2,430,000

115 Turtle Cay, Wilmington, NC 28412

Fully developed waterfront land approved for three buildings and 27 luxury condominiums, with utilities complete and outside the 100-year flood plain.

Property SizeContact for details
Days on Market281

Property Features for 115 Turtle Cay

General Information

Standard status Active
Property subtype Land or Vacant Lot

Additional Details

Utilities to Site Yes
Listing Agency: COLDWELL BANKER SEA COAST ADVANTAGE
Listed By: ROKOSKI REAL ESTATE GROUP
Source: Corcoran
Added: Dec 1, 2025 Changed: Aug 10 Last Checked: Sep 7 at 8:43AM

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 fully developed waterfront land site is approved for three buildings and a total of 27 luxury condominiums, ready for construction to begin immediately. Development work is largely complete, including water, sewer, stormwater systems, Duke Energy, curbing and stone, and site clearing; only asphalt is listed as needed.

The property is located in Turtle Cay along the Cape Fear River, offering views overlooking the river and marsh. It is on River Road just south of Sanders Road and River Lights, with convenience to both Downtown and Carolina Beach.

The site is noted as not being in the 100-year flood plain, supporting straightforward planning for the approved residential buildout.

Key Highlights

  • Fully developed waterfront land approved for 3 buildings and 27 luxury condominiums
  • Utilities are complete, including water, sewer, and stormwater system
  • Duke Energy service is complete, and curbing and stone are already in place

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Spa & Massage Center Pharmacy Garden Center

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Fully developed waterfront land approved for three buildings and 27 luxury condominiums, with utilities complete and outside the 100-year flood plain.
Where is this waterfront land located?
The property is located at 115 Turtle Cay Wilmington, NC.
What is the asking price?
The asking price for this property is $2,430,000.
What are key features of this property?
This property features: Fully developed waterfront land approved for 3 buildings and 27 luxury condominiums; Utilities are complete, including water, sewer, and stormwater system; Duke Energy service is complete, and curbing and stone are already in place
More about this property
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