Recreational / Timber Tract - Over Two Miles River Frontage Plus House

Vacant Land for Sale
Catylist Listing ID: 30419533
Property Subtypes: Agricultural, Residential (Single Family), Other
Gross Land Area: 873.54 Acres
Sale Price: $2,200,000
Unit Price: $2,518 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

River Oaks Plantation is located near Burgaw, Pender County, North Carolina. This recreational/timber tract has been very well maintained over the years and boasts over 2 miles of river frontage along the Northeast Cape Fear River.
The tract offers a numbers of hunting opportunities including deer, turkey, bear, and a variety of small game. Multiple ponds as well as the river provide various fishing options. The tract would also be a great location for nature walks, wildlife observation and horseback riding.
The majority of the tract is protected by two perpetual conservation easements. A Farm Land Conservation Easement protects upland area while a Water Quality Conservation Easement protects the bottomland and riparian areas. These easements are held by the North Carolina Coastal Land Trust and/or the Clean Water Management Trust Fund. These easements prohibit certain activities. Please contact the broker for further information on the conservation easements.
The property has been managed to produce timber. The tract is located in close proximity to the Angola Bay Game Land as well as a public boat ramp providing access to the Northeast Cape Fear River. The City of Wilmington and Wrightsville Beach are located approximately 35-45 minutes to the south providing dining, shopping, beach combing and saltwater fishing opportunities.
Last, but not least, the tract is improved with an approximate 1,880 square foot riverfront home consisting of 3 bedrooms and two bathrooms. An additional full bathroom, not included in the square footage, is located on the ground level. Interior finishes include, but are not limited to hardwood floors, vaulted ceilings with exposed beams and tongue and groove walls and ceilings in the living area, a large fireplace, solid surface counter tops and tile bathrooms. A large exterior deck provides wonderful river views. The ground level provides for garage/storage space as well as an opportunity to install a commercial kitchen area. In addition, there is a shop/equipment shed building, a skinning rack, well house and a dog run structure.
In summary, this property has been very well maintained and is located in close proximity to the City of Wilmington and would make for the perfect family retreat or hunting tract.

Additional Details

Nearest MSA: Wilmington
County: Pender
Taxing Authority: New Hanover County
Tax ID/APN: 3332-88-7975-0000
Zoning: RA
Legal Description: 40 AC, PB43/73, ON SR1318 Tr 2 PB 24/48 Rd 1318 TR 2 or Tract B Conservation Easement PB43/73 TR 1 PB24/48 26/59 106.05
Largest Nearby Street: Highway 53
Highway Access: Highway 53
Easements: Ingress/Egress, Preservation
Easements Description: Conservation Easement
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 3,033
Median Age: 41.49
Households: 1,207
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