Assembled Residential Infill Development
For Sale
$1,299,000
2831 Worth Drive, Wilmington, NC 28412
MULTI_FAMILY - Wilmington, NC
Property Size928 SF
Lot Size2.56 Acres
Price / SF$1,399
Days on Market50
Property Features for 2831 Worth Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R-15
Parking features
Off Street
Subdivision
Belmont
Directions
From downtown Wilmington, take Carolina Beach Rd. Turn right on to Shipyard Blvd, then left on to Worth Dr. Properties will be on right
Standard status
Active
APN
R06105-001-010-000
Size
928 SF
Lot size
2.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Worth Drive Tract
Tax Annual Amount
1635
Legal Description
Worth Drive Tract
Utilities
Heating system
Natural Gas
Building Details
Year built
2028
Listing Agency:
Town & Country Real Estate
(910) 763-7500
Listed By:
Daniel J Boyle · License #310559
(910) 297-5322
Added: Jun 11
Last Checked: Jul 30 at 9:06PM
MLS# 100581011
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 three-parcel assemblage includes a road-frontage parcel with an existing 2BR/1BA home and two additional tracts, for a total of 2.56 acres. The property provides approximately 100 feet of frontage, designed to support utility and vehicle access from the front parcel through to the rear acreage. The configuration lends itself to residential redevelopment planning, including layouts such as a townhome or cottage court community, subject to zoning and utility capacity.
The offering is listed under R-15 zoning. It is being marketed as part of a residential infill corridor where new construction activity includes duplex and triplex projects, reflecting a transition toward higher-density housing. The current home is leased on a 12-month term at $1,800 per month, supporting immediate income while plans are evaluated. Buyer to verify all zoning and utility capacity.
For buyers and developers, the key value is contiguous land with established road frontage and direct access to the rear tracts, which can simplify site planning for a multi-unit residential concept. The existing leased home can help offset holding costs during early design and entitlement work, while the assembled acreage supports a more cohesive development footprint than a single-lot purchase.
The offering is listed under R-15 zoning. It is being marketed as part of a residential infill corridor where new construction activity includes duplex and triplex projects, reflecting a transition toward higher-density housing. The current home is leased on a 12-month term at $1,800 per month, supporting immediate income while plans are evaluated. Buyer to verify all zoning and utility capacity.
For buyers and developers, the key value is contiguous land with established road frontage and direct access to the rear tracts, which can simplify site planning for a multi-unit residential concept. The existing leased home can help offset holding costs during early design and entitlement work, while the assembled acreage supports a more cohesive development footprint than a single-lot purchase.
Key Highlights
- Three‑parcel assemblage includes a road‑frontage parcel with a 2BR/1BA home at 2830 Worth Drive
- Two additional tracts total 2.56 acres, providing access to rear acreage via a 100‑foot frontage
- Home is leased for $1,800 per month on a 12‑month term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Three-parcel assemblage with an income-producing 2BR/1BA home and rear-acreage access for higher-density redevelopment, subject to verification.
Where is this single family property located?
The property is located at 2831 Worth Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Three‑parcel assemblage includes a road‑frontage parcel with a 2BR/1BA home at 2830 Worth Drive; Two additional tracts total 2.56 acres, providing access to rear acreage via a 100‑foot frontage; Home is leased for $1,800 per month on a 12‑month term
