324 Okeechobee Rd, Wilmington, NC 28412

$425,000
2
BD
2
BA
2,850
SqFt

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List Price
$425,000
Status
ACTIVE UNDER CONTRACT
MLS#
100588589
Days on Market
8
Year Built
1986
Levels
One and One Half
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
2,850
Acres
0.59
Neighborhood
Ocean Forest Lakes

Property Description

Rare opportunity to restore and reimagine a unique waterfront property in Wilmington. Nestled along a peaceful lake, this approximately 2,800-square-foot home offers a setting that is increasingly difficult to find. The property also enjoys additional privacy and open space through ownership of approximately one-half of the adjoining lot, creating the feel of an oversized homesite with a beautiful natural backdrop. The home features 2 bedrooms and 2 full baths, with an existing septic permit for 3 bedrooms. The generous floor plan provides multiple options for redesign, allowing a future owner to maximize both the living space and the property's value. This is a true renovation project and is being offered with that in mind. Aside from the newer roof, the home is ready for a comprehensive update, presenting an outstanding opportunity for investors, renovators, or buyers looking to create their own custom waterfront retreat while building equity. Whether you're searching for your next renovation project, an investment opportunity, or a property to transform into a one-of-a-kind residence, opportunities like this--with a peaceful lakefront setting, added privacy, generous square footage, and tremendous potential--rarely come along.

Additional Information

HOA (annual)
$475
Interior Features
Ceiling Fans
Cooling
Central Air, Heat Pump
Heating
Heat Pump, Electric, None
Foundation
Block
Roof
Architectural
Lot Information
Other
Waterfront
Yes
Utilities
Cable Available
Lot Water Features
Lakefront
Water
Well
Elementary School
Anderson
Middle School
Murray
High School
Ashley

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corporation.

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