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Key facts
Year Built | 2000 |
Land Area |
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Property description
+/-25.74 Acre development opportunity with Prime ICW Frontage & Great Marina Proximity
Jones Lang LaSalle., a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Great Oak Landing, a ±25.74-acre residential development opportunity in a rapidly developing area in Hampstead, NC with 450' of Intracoastal Waterway frontage. Directly adjacent to this site, the Salters Haven community has put 300+ lots under contract since May 2020, averaging 17+ sales per month boasting median sale price of $624,400. Notably, this site has 450’ along the ICW and can likely accommodate 9 homesites of 50’ front foot width with ICW frontage that will command a premium. The site offers great proximity to Pender County’s best schools, such as South Topsail Elementary and Topsail Middle School (both ranked 9/10 from Greatschools. org), which are among some of the best throughout Pender County. Additionally, the property can be accessed by Majestic Oaks Drive and Great Oak Drive, both of which include water lines.
Investment highlights
- 450’ ICW frontage
- Zoned Residential Performance (RP)
- 30% year-over-year median home list price (Realtor.com, 2022)
- 15% projected population growth 2021-2026
- 30 minutes from Wrightsville Beach
- 30 Minutes from Topsail Beach