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Wooded Cul-de-Sac Home Lot
For Sale
$145,000

5117 Chalice Ln, Wilmington, NC 28409

Desirable wooded cul-de-sac lot in an established community, governed by low HOA and FEMA floodway development restrictions.

Property SizeContact for details
Days on Market228

Property Features for 5117 Chalice Ln

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $446
Listing Agency: eXp Realty
Listed By: Demetria L Padgett · License #238881
Source: Exprealty
Added: Jan 1 Changed: Aug 8 Last Checked: Jul 4 at 3:45PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This property is a residential home lot located at the end of a cul-de-sac, set within a wooded setting in a community described as primarily brick homes. It offers the opportunity to design and build a custom residence, with space for outdoor living and landscaping. The parcel is part of an HOA described as low at $400 per year, and the remarks indicate no city taxes.

The lot is located in a designated FEMA floodway, and the seller notes that development is subject to county and state approval due to floodway restrictions. A no-rise certificate is available for review (noted as a few years old), though it is unclear whether it has expired. The remarks further state that development within a floodway typically requires the structure to be elevated above base flood elevation, potentially involving an elevated foundation system or pilings.

The property is described as minutes from Trails Inn Marina and the public boat ramp, with additional nearby access referenced to Wrightsville Beach, Historic Downtown, UNCW, Carolina Beach, shopping, restaurants, and hospitals, as well as the Intracoastal Waterway.

Key Highlights

  • Wooded cul‑de‑sac lot in Carmel at Vineyard Green Subdivision
  • Low HOA of $400 per year
  • Parcel is located in a designated FEMA floodway; development requires county and state approval

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon HVAC Service Parking Lot & Garage

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

109
Businesses Nearby

Demographics for 28409, NC

34,681
Population
14,821
Households
2.3
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
1,548
Density / Sq Mi
$108,241
Median Household Income
$54,254
Median Earnings
$1,445
Median Rent
$382,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Desirable wooded cul-de-sac lot in an established community, governed by low HOA and FEMA floodway development restrictions.
Where is this residential land & home lot located?
The property is located at 5117 Chalice Ln Wilmington, NC.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Wooded cul‑de‑sac lot in Carmel at Vineyard Green Subdivision; Low HOA of $400 per year; Parcel is located in a designated FEMA floodway; development requires county and state approval
More about this property
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