Rare opportunity to acquire a large approximately 0.36-acre redevelopment site on Lewis Drive in Carolina Beach, NC, in an established coastal residential area with recent redevelopment activity nearby.
The parcel contains an existing older residential structure and is being marketed primarily for its land and redevelopment potential.
Property Highlights
- Approximately 15,682 SF / 0.36 acres
- Approximate dimensions: 75′ × 210′
- R-2 zoning
- Existing approximately 640 SF cottage
- Public water/sewer area
- Large, deep residential lot
- Located minutes from Carolina Beach amenities, waterfront access, restaurants, and recreation
- Nearby redevelopment activity on Lewis Drive
- Potential two-unit residential redevelopment concept, subject to buyer verification and governmental approval
Nearby Development Precedent
The nearby 308/310 Lewis Drive site provides a strong example of recent redevelopment activity on the same street.
That property was redeveloped into two newer residential units through a planned development configuration. Based on preliminary discussions and research, the subject property may present a similar redevelopment opportunity.
No development approval is being represented or guaranteed. Buyer must independently verify zoning, setbacks, density, PUD requirements, utilities, drainage, parking, survey, permitting, and all other development requirements with the Town of Carolina Beach and appropriate professionals.
Why This Site Is Interesting
The subject parcel offers a combination that is increasingly difficult to find in Carolina Beach:
- Larger approximately 0.36-acre lot
- Established residential location
- Recent new-construction activity on the same street
- Potential redevelopment upside
- Existing structure that may be removed or incorporated depending on buyer’s plans
- Opportunity for a builder, developer, or investor seeking another Carolina Beach project
Price & Terms
Asking Price: $505,000
Cash or private financing preferred.
Proof of funds may be requested prior to property access or release of certain due-diligence materials.
Serious builder/developer inquiries only.
Request the Full Property Package
For additional information, site details, development research, photos, or to schedule a property review:
Mark Rodriguez
Joint Venture Properties LLC
480-251-8684
mark@jointventure-properties.com
All information is believed to be reliable but is not guaranteed. Buyer and buyer’s professionals are responsible for independently verifying all property, zoning, development, utility, survey, environmental, permitting, and financial information before closing.