2830 Worth Dr, Wilmington, NC 28412

$1,299,000
2
BD
1
BA
988
SqFt

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List Price
$1,299,000
MLS#
100580995
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
2
Bathrooms
1
Living Area
988
Lot Size
33,541
Subdivision
Belmont

Property Description

Exceptional Development Opportunity | Rezoning Approvals Nearly in Hand This newly combined parcel presents a rare and exciting development opportunity in one of Wilmington's fastest-growing residential infill corridors. The site includes approximately 2.56 acres with approximately 100 feet of road frontage along Worth Drive, providing valuable access for utilities and vehicles to the rear acreage. Rezoning approvals are nearly in hand, positioning this property for a planned residential development and significantly advancing the project beyond the typical early-stage planning process. The site is well suited for a thoughtfully designed townhome or cottage court community with the potential for up to 20 units, subject to final approvals and development requirements. The surrounding area continues to experience substantial residential growth, with numerous new construction projects, including duplex and triplex communities, reinforcing the area's transition toward higher-density residential development. An existing 2-bedroom, 1-bath home on the property is currently leased for $1,800 per month on a 12-month term, providing immediate income while final development plans move forward. This is a unique opportunity to acquire a strategically located, development-ready parcel in a proven growth corridor with rezoning progress already substantially underway. Ideal for builders, developers, and investors seeking a residential infill project in the Wilmington market.

Additional Information

Elementary School
Sunset
Middle School
Williston
High School
New Hanover
Year Built
1958
Acres
0.77
Interior Features
Pantry
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Town & Country Real Estate.