One of a kind opportunity for redevelopment in the Greenville Loop corridor. Subject property, currently operating as a grandfathered full-service kennel, consists of 7.56 acres (two parcels) with a total of six buildings and containing approximately 8700 sq ft. Currently zoned R-15. Highest and best use is residential with potential for conditional re-zoning to achieve greater density. Site could also be ideal for the equine enthusiast who desires to have their own riding facility in the center of town. There are not adverse soil conditions that the seller is aware of, although the southwestern corner is in portion of a flood zone. The parcel has 550 feet of road frontage along Greenville Loop Road. There are six primary building improvements to the site. They are a single family dwelling with a debris filled in-ground pool, a main kennel building, secondary kennel building, a converted well house to aviary building, a four-stall horse stable with a storage area and a grooming building. Other site improvements include a cat gazebo, a pond, chain link fencing and perimeter masonry/concrete wall with horse pastures encompassing approximately one half of the total site area.
Sold for $1,825,000
$1,825,000
5523 Greenville Loop Road, Wilmington, NC 28409
2beds
1,888sqft
Single Family Residence
Built in 1932
7.56 Acres Lot
$1,327,100 Zestimate®
$967/sqft
$2,357 Estimated rent
Home value
$1,327,100
$1.01M - $1.75M
$2,357/mo
Zestimate® history
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List your homeWhat's special
Main kennel buildingSecondary kennel buildingAviary building
Zillow last checked:
Listing updated:
Listed by:
Ed H Wagenseller 910-279-4663,
Keller Williams Innovate-Wilmington
Bought with:
Ed H Wagenseller, 190202
Keller Williams Innovate-Wilmington
Source: Hive MLS,MLS#: 100423602
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Electric, Heat Pump
Cooling
- Central Air
Features
- None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,888
- Total interior livable area: 1,888 sqft
Property
Parking
- Parking features: On Site
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Fencing: Full,Block
- Waterfront features: None
Lot
- Size: 7.56 Acres
- Dimensions: 550 x 568 x 530 x 658
Details
- Additional structures: Barn(s)
- Parcel number: R06200003011000
- Zoning: r-15
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Stable(s), Boarding Facilities, Pasture, Trailer Storage, Barn
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Greenville Loop
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $967/sqft
- Tax assessed value: $809,900
- Annual tax amount: $6,539
- Date on market: 9/23/2024
- Cumulative days on market: 208 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Commercial,Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2025 | Sold | $1,825,000-26.9%$967/sqft |
Source:  Hive MLS #100423602 Report a problem | ||
| 12/31/2024 | Pending sale | $2,495,000$1,322/sqft |
Source: Hive MLS #100423602 Report a problem | ||
| 9/23/2024 | Listed for sale | $2,495,000$1,322/sqft |
Source: Hive MLS #100423602 Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: Hive MLS #100423602 Report a problem | ||
| 2/1/2024 | Pending sale | $2,495,000$1,322/sqft |
Source: Hive MLS #100423602 Report a problem | ||
| 1/23/2024 | Listed for sale | $2,495,000+14157.1%$1,322/sqft |
Source: Hive MLS #100423600 Report a problem | ||
| 1/1/2005 | Sold | $17,500-98.7%$9/sqft |
Source: Agent Provided Report a problem | ||
| 10/1/2002 | Sold | $1,397,500+39.8%$740/sqft |
Source: Agent Provided Report a problem | ||
| 4/10/2000 | Sold | $1,000,000$530/sqft |
Source: Hive MLS #30225640 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,539 +18.8% | $1,111,200 +75.6% |
| 2024 | $5,504 +3% | $632,700 |
| 2023 | $5,346 -0.6% | $632,700 |
| 2022 | $5,378 -0.7% | $632,700 |
| 2021 | $5,415 -21% | $632,700 -2.7% |
| 2020 | $6,850 | $650,300 |
| 2019 | $6,850 | $650,300 |
| 2018 | $6,850 | $650,300 |
| 2017 | $6,850 +1.5% | $650,300 +6.7% |
| 2016 | $6,750 +4.6% | $609,200 |
| 2015 | $6,451 +4.4% | $609,200 |
| 2014 | $6,177 | $609,200 -10.5% |
| 2007 | -- | $680,546 +56.4% |
| 2005 | -- | $435,024 |
| 2004 | -- | $435,024 |
| 2003 | -- | $435,024 |
Find assessor info on the county website
Neighborhood: Seagate South
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Nearby schools
GreatSchools rating
- 8/10Winter Park Model ElementaryGrades: K-5Distance: 1.6 mi
- 6/10Roland-Grise Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10John T Hoggard HighGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Winter Park
- Middle: Roland Grise
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,327,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,327,100
- North Carolina
- New Hanover County
- Wilmington
- 28409
- Seagate South
- 5523 Greenville Loop Road
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