5523 Greenville Loop Rd, Wilmington, NC 28409

$1,825,000
2
BD
2
BA
1,888
SqFt

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Sold Price
$1,825,000
List Price
$2,495,000
Status
CLOSED
MLS#
100423602
Closing Date
Mar 10, 2025
Days on Market
99
Year Built
1932
Levels
One
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
1,888
Acres
7.56
Neighborhood
Greenville Loop

Property Description

One of a kind opportunity for redevelopment in the Greenville Loop corridor. Subject property, currently operating as a grandfathered full-service kennel, consists of 7.56 acres (two parcels) with a total of six buildings and containing approximately 8700 sq ft. Currently zoned R-15. Highest and best use is residential with potential for conditional re-zoning to achieve greater density. Site could also be ideal for the equine enthusiast who desires to have their own riding facility in the center of town. There are not adverse soil conditions that the seller is aware of, although the southwestern corner is in portion of a flood zone. The parcel has 550 feet of road frontage along Greenville Loop Road. There are six primary building improvements to the site. They are a single family dwelling with a debris filled in-ground pool, a main kennel building, secondary kennel building, a converted well house to aviary building, a four-stall horse stable with a storage area and a grooming building. Other site improvements include a cat gazebo, a pond, chain link fencing and perimeter masonry/concrete wall with horse pastures encompassing approximately one half of the total site area.

Additional Information

Available Amenities
None
Cooling
Central Air
Heating
Electric, Heat Pump
Foundation
Crawl Space
Roof
Shingle
Utilities
Sewer Available
Elementary School
Winter Park
Middle School
Roland Grise
High School
Hoggard

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Innovate-Wilmington. Selling Office: Keller Williams Innovate-Wilmington.

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