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River Landing Homesite Opportunity
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116 Magnolia Bay Lane lot 402, Wallace, NC 28466

Land, Wallace, NC

Property SizeContact for details
Lot Size0.30 Acres
Days on Market104

Property Features for 116 Magnolia Bay Lane lot 402

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision River Landing
Elementary school Wallace
Middle school Wallace
High school Wallace-Rose Hill
Directions From I-40, take Exit 385 and turn onto NC-41 toward Wallace, then continue straight to the River Landing main entrance; go through the gate, stay on Paddlewheel Drive, turn onto Magnolia Bay Lane, and 116 Magnolia Bay Lane will be located along that street.
Standard status Active
APN 092297
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Being all of Lot 402, Magnolia Bay at River Landing
Tax Annual Amount 132
HOA Fee $1,570 Annually
Legal Description Being all of Lot 402, Magnolia Bay at River Landing
Listing Agency: Coldwell Banker Sea Coast Advantage-Leland · Coldwell Banker Real Estate
Listed By: Mitchell S Williams · License #237992
Added: May 9 Changed: Aug 20 Last Checked: Aug 20 at 9:06PM
MLS# 100572659

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 0.30-acre homesite is located within the gated golf community of River Landing, in the Magnolia Bay neighborhood. The property offers a setting suitable for designing and building a home. The lot provides space and privacy within the golf-friendly neighborhood, which features walking trails and natural beauty. Residents can enjoy an active lifestyle with access to walking and biking trails, 63 ponds for fishing, and the River Lodge with kayak access to the Northeast Cape Fear River. River Landing offers optional club memberships and is home to two NC Golf Panel ''Top 50'' championship courses, along with club amenities. Members have access to an outdoor pool, fitness center, tennis and pickleball courts, and a social atmosphere. Dining options include the clubhouse and a grille and bar. The property is located a short drive from area beaches, Wilmington, and Raleigh.

Key Highlights

  • Located in the gated golf community of River Landing, Magnolia Bay.
  • Homesite is 0.30 acres, offering space and privacy.
  • Access to River Landing amenities: walking trails, 63 ponds, River Lodge with kayak access.

Property Analytics

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 0.30-acre homesite in River Landing golf community.
Where is this land located?
The property is located at 116 Magnolia Bay Lane lot 402 Wallace, NC.
What are key features of this property?
This property features: Located in the gated golf community of River Landing, Magnolia Bay.; Homesite is 0.30 acres, offering space and privacy.; Access to River Landing amenities: walking trails, 63 ponds, River Lodge with kayak access.
More about this property
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