1476 Milligan Lane SW $775,000

• City: Shallotte
• county: Brunswick
• Neighborhood: Marsh Cove
• Bedrooms: 3
• Bathrooms: 2
• 1/2 Bathrooms: 0
• SQ Ft: 2,622
• Lot Size: 1.05
• Stories: 2
• Year Built: 1974
• Estimated Lot Size: 225x160
• Date Listed: 12/22/2022
• Days on Site: 133
• Waterfront: Yes
• New Construction: No

Investor/builder/developer opportunities with this 1.05 acre waterfront parcel (originally 3 lots) overlooking the Shallotte River Point. Intracoastal & ocean views possible from upper decks. Home next door is currently listed for over $2.1 million! Live Oaks adorn this homesite which is tucked away at the end of a road making for a private oasis. There is no HOA and this is such a unique opportunity for multiple scenarios: (1) Subdivide the homesite and Build 3 spec homes (2) Build 2 Single families on half acre lots (3) Build oversized home, still have room for large pool/big backyard/wrap around views (4) Keep existing home as is, and make personal updates to it 5) Keep existing home, and subdivide/build/sell the lot next door. Within 5 min to town, all the nearest schools, and 10 min to the beach, Milligan and Riverbend is one of Shallotte's most prestigious areas. The home boasts 3 bedroom, 2 full baths, and an opened porch. Kitchen features wood cabinets, microwave oven, refrigerator, and gas range. Basement has another living quarters that can be finished as well. This homesite is eligible to apply for CAMA permit, since deeded to high-water and also this is not considered a primary nursery area by marine fisheries and it's a short boat ride to the ICW and beyond. Have the waterfront life you have been dreaming of! ''It still isn't over'' there is more, you need to check it out to see for yourself! Builder/buyer to verify plans with county and CAMA.

This listing is provided courtesy by The Summers Real Estate Team, Keller Williams Innovate-Wilmington