Wilmington, NC 28409 5117 Chalice Lane # 58

ATTN: Investors, or are you looking to build your dream home? THIS IS THE BEST PRICED LOT IN 28409! A desirable cul de sac wooded lot in a very sweet community of mostly brick homes. Situated in an established and sought after area, this property offers the perfect opportunity to create a custom residence tailored to your lifestyle. The lot provides ample space for thoughtful design, outdoor living, and landscaping with surrounding homes that enhance both value and appeal. Low HOA being only $400 per year. This is the only lot available in the beautiful and quiet Carmel at Vineyard Green Subdivision and an added bonus is no city taxes. Boating enthusiasts you will be happy to know that this is minutes to Trails Inn Marina and The Public Boat Ramp. This parcel is located in a designated FEMA floodway. Due to the floodway restrictions, development is subject to county and state approval. Any new construction will require a certified no rise certificate verying that the proposed structure will not increase base flood elevation levels.Buyer should be aware that building within a floodway typically requires structure to be elevated above base flood elevation which may require constuction on an elevated foundation system or pilings. There is a no rise certificate available (a few years old) for review . It is unsure whether this certificate is expired . This location is centrally located close to everything such as Wrightsville Beach, Historic Downtown, UNCW , Carolina Beach , Shopping , Restaurants , Hospitals, The Intracoastal Waterway. and so much more.Bring your builder and vision.