305 27 Fair Lakes Drive, Wilmington, NC 28405 (MLS# 100366193)

$649,000

305 27 Fair Lakes Drive
Wilmington, NC 28405
MLS# 100366193
Status: Closed

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Property Description
Construct your dream home on this most prestigious estate lot in the highly sought after Landfall gated community. Nestled in the lush green, picturesque Highland Ridge subdivision, this gorgeous cul-de-sac lot is cleared and bordered by a private rear setting with peaceful and spectacular surroundings. Conveniently located in close proximity to 24-hour security gate, country club, shopping, restaurants, Wrightsville Beach and much much more! In addition to this rare gem, adjacent lot (303 Fair Lakes) .85 acre is available for a PACKAGE DISCOUNT of $1,250,000. Hurry now!

Details

Maps

Contract Info

Status: Closed

Effective Date: 2023-01-23

Delayed Marketing?: No

Delayed Marketing Date (DM): 2023-01-23

Sub-Type: Residential Land

Auction: No

Listing Price: 649000

Current Price: $649,000

List Price/Acre: 865333.33

Sub Agent Comm $/%: %

Buyer Agent Comm: 2.5

Buyer Agent Comm $/%: %

Variable Comm: No

Stipulation of Sale: None

Location Information

Street #: 305

Street Name: Fair Lakes

Street Suffix: Drive

Lot #: 27

County: New Hanover

State/Province: NC

Zip Code: 28405

City Limits: Yes

Marketing City: Wilmington

Subdivision: Landfall

Geo Lat: 34.252108

Geo Lon: -77.820684

Remarks and Showing

Directions to Property: From Military Cutoff Rd, enter into Landfall subdivision from Arboretum gate. Turn left onto Fair Lakes Dr. (Highland Ridge subdivision) follow to end of cul-de-sac. Lot on right.

Sign on Property: No

Property Exterior Info

Acres - Total: 0.75

Lot Dimensions: 113x271x137x26

Lot SqFt: 32757

Deed Restriction: Yes

Total Road Frontage: 114

Waterfront: No

Waterview: No

Location Type: Mainland

Horses Y/N: No

Legal and Taxes

Tax Assessed Value: 225500

Deed Book: 3832

Deed Page: 240

Legal: LT 27R BLK 23 LANDFALL SUBDIVISION

Broker Owner: No

PID: R05106011075000

Tax Identifier: R05106-011-075-000

Total Real Estate Property Taxes: 1916.75

Special Assessments: None known

Deferred Taxes: No

Tax Year: 2022

Zoning: R-20

HOA: Yes

Cobra Zone: No

Elementary School: Wrightsville Beach

Middle School: Noble

High School: New Hanover

Status Change Info

Under Contract Date: 2023-02-25

Sold Price: $649,000

Sold Date: 2023-03-27

Service Providers

Electric Provider: Duke Progress Energy

Sewer Provider: Cape Fear Public Utility Authority

Water Provider: Cape Fear Public Utility Authority

HOA

Association Fee 1/Year: 4363

HOA 1 Mgmt. Company: Landfall COA

HOA 1 Mgmt. Phone: 910-256-7651

Property Features

Current Use: Residential; Vacant

Bldgs on Property: None

Soil Evaluation: Soil Evaluation - No

Topography: Cleared; Level

Fencing: None

Fuel Tank: None

Environmental Hazard: Unknown

Lot Description: Cul-de-Sac Lot; Level; Subdivision

Road Type/Frontage: Paved; Private

Utilities: Cable Available; Electricity Available; Municipal Sewer Available; Municipal Water Available

Lot Water Features: Waterfront Comm

HOA and Neigh Amenities: Basketball; Comm Garden; Gated Community; Maint - Comm Areas; Maint - Roads; Picnic Grounds; Playground; Security; Street Lights; Tax Comm Areas; Trails

Terms: Cash; Conventional

Listing Office: Coastal Properties

Last Updated: March - 27 - 2023

305 27 Fair Lakes Drive, Wilmington, NC 28405 - MLS# 100366193

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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