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8528 Caratoke Highway Powells Point, NC 27966 - MLS# 101344

Type: LOTS/LAND - Residential
Area:  Pt. Harbor to Powells Pt.
Location:  Riverfront
Asking Price:  $15,000,000
Original Price:  $15,000,000

Zoned Mixed-Use, 461 AC parcel w/ over .5 mi private beach frontage facing West w/ sunset views over Albemarle Sound in Powell Point area of Currituck County. Truly unique opportunity to position your business or development next to some of the fastest growing destinations in the area. The property is strategically set behind a brand new $46 Million H2OBX waterpark and neighboring Kilmarlic Country Club Golf Course and The Pointe Golf Club. Over half a mile of sandy beach on Intercostal Waterway.

Approx. 461 Acres in Total (roughly 200 uplands and 261 wetlands). Approx. 192 AC buildable uplands. $30K in obtained permits, incl. Soil Erosion permit, land disturbance permit. Nearly $600k spent on land preparation. 5AC & 10AC lakes.

Millions in infrastructure (entrance, utilities, waste water). Highest zoning possible in Currituck County (General Business and Heavy Industrial). Property has PJD (wetland jurisdiction determination). Permitted sand pit.

Subdivision
  • None
Listed On
  • 2018-07-23
Agent Name
Kris Weaver
Office
Atlantic Sothebys International Realty