Description
OFFERING HIGHLIGHTSEDENTON, NCThis exceptional +/- 41-acre waterfront land offering is located at Edenton, North Carolina overlooking the historic Albemarle Sound. Because of the limited availability of vacant waterfront land for development in the eastern North Carolina coastal area and the vibrant real estate market in the region, this property presents a unique opportunity for the development of a place that can serve the growth in Edenton and surrounding markets and co-exist with the natural resources in the area.KEY ATTRIBUTESStunning waterfront-offering majestic views of Albemarle Sound / Chowan River with splendid sunrises and magnificent sunsets.Situated within the vibrant Town of Edenton with its diverse collection of restaurants, boutique shops, family- owned businesses, medical facilities, and convenience centers catering to all of one's everyday shopping needs.Coastal Carolina's growing population, a strong tourism industry, and the site's location within close proximity to the Outer Banks and its popular beaches make the area one of the most desired destinations in the Southeast.Favorable market trends from feeder markets and strength of area residential markets as well as favorable interest rates fuel strong demand for housing from three different and distinct buyer profiles: primary residential buyers; second home buyers; and pre-retiree and retiree.The past success of an established condominium and marina community and the current lack of residential inventory in the area, as well as the lack of other development parcels situated along the Albemarle Sound, makes this an excellent investment opportunity a prospective buyer i.e developer / builder type.
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0BEDS
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41ACRES
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0BATHS
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01/2 BATHS
School Information
Description
OFFERING HIGHLIGHTSEDENTON, NCThis exceptional +/- 41-acre waterfront land offering is located at Edenton, North Carolina overlooking the historic Albemarle Sound. Because of the limited availability of vacant waterfront land for development in the eastern North Carolina coastal area and the vibrant real estate market in the region, this property presents a unique opportunity for the development of a place that can serve the growth in Edenton and surrounding markets and co-exist with the natural resources in the area.KEY ATTRIBUTESStunning waterfront-offering majestic views of Albemarle Sound / Chowan River with splendid sunrises and magnificent sunsets.Situated within the vibrant Town of Edenton with its diverse collection of restaurants, boutique shops, family- owned businesses, medical facilities, and convenience centers catering to all of one's everyday shopping needs.Coastal Carolina's growing population, a strong tourism industry, and the site's location within close proximity to the Outer Banks and its popular beaches make the area one of the most desired destinations in the Southeast.Favorable market trends from feeder markets and strength of area residential markets as well as favorable interest rates fuel strong demand for housing from three different and distinct buyer profiles: primary residential buyers; second home buyers; and pre-retiree and retiree.The past success of an established condominium and marina community and the current lack of residential inventory in the area, as well as the lack of other development parcels situated along the Albemarle Sound, makes this an excellent investment opportunity a prospective buyer i.e developer / builder type.
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