Located in close proximity to the Intracoastal Waterway, and a short drive away from local schools, beaches, shops and restaurants, this spacious lot offers the chance to build a bespoke coastal dream home. Set on an elevated lot on the water side of Masonboro Loop Road, the property is adjacent to a large, well-maintained home that is also currently for sale. Purchasing both properties could allow the buyer to live in the existing home while supervising the building of the new residence and then rent the older property. Build a guest house or a new rental, or just create an expansive retreat with easy access to the pristine nature preserve at Masonboro Island—the options are only limited by the imagination. Combining the two properties could allow the buyer to create a large home with an approximately 0.86-acre lot. If building a new home is desired, it would need county sewer and a well tap. Search 110 Tanglewood to view the available existing home. With a peaceful setting nearby the Trails End boat launch and the recreational/fishing opportunities that have made North Carolina one of the fastest growing markets nationwide, this is a great opportunity. Adding to the sense of urgency is the idea the market could heat up quickly if interest rates should fall, and the properties have a strategic location in between Carolina Beach and Wilmington.
Listing courtesy of Coldwell Banker Sea Coast Advantage. Selling Office: Coastal Properties.
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