Wilmington, NC 28409

$3,700,000
Property Type: Land Lot Size (sq. ft.): 65,340 Status: Active
Current Price: $3,700,000 List Date: 5/19/2026 Last Modified: 5/20/2026

Description

Experience the rare opportunity to create an extraordinary coastal estate at 201 Oyster Bay Lane, a premier waterfront homesite offering sweeping, unobstructed views of the Intracoastal Waterway and Masonboro Island. Encompassing approximately 1.5 acres, this exceptional property provides the ideal setting to design and build a custom luxury residence that fully captures some of the most breathtaking sunrises on the North Carolina coast. Perfectly positioned within the sought after Oyster Bay community off Masonboro Sound, this homesite combines privacy, natural beauty, and an unparalleled waterfront lifestyle. Residents enjoy access to a collection of thoughtfully designed community amenities, including a private pier ideal for morning walks and waterfront relaxation, sandy beach and sandbar access, community water access, and the convenience of a community boat launch. Adding to the appeal, the property includes a 40,000 pound boat lift complete with shore power and water service, creating effortless access for boating, fishing, and exploring the surrounding coastal waterways. With expansive space to bring your architectural vision to life and views that are truly exceptional, 201 Oyster Bay Lane presents a remarkable opportunity to experience luxury coastal living at its finest.

More Information MLS# 100574946

Legal and Taxes

Tax Assessed Value: 718200 Deed Book: 6519 Deed Page: 2798 Legal: LOT 7 CITY OF WILM Broker Owner: No PID: R07200-016-000-000 Tax Identifier: R07200-016-000-000 Plat Book: 0 Plat Page: 0 Special Assessments: None known Tax Year: 2026 Zoning: R-15 Cobra Zone: No Elementary School: Masonboro Elementary Middle School: Roland Grise High School: Hoggard

Location Information

City Limits: Yes Secondary Subdivision: N/A County: New Hanover State/Province: NC Zip Code: 28409 Subdivision: Oyster Bay

Contract Info

Delayed Marketing?: No Sub-Type: Residential Lot List Price/Acre: 2466666.67 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2026-05-19 Listing Price: 3700000 Current Price: $3,700,000

Remarks and Showing

Sign on Property: Yes Directions to Property: Take College Rd South. Turn Left onto Oleander Dr. Take a slight Right onto Pine Grove Dr. Turn Left onto Masonboro Sound Rd. Turn Right onto Cabbage Inlet Ln and then Left onto Mullington Ln. Turn Left onto Oyster Bay Ln and drive all the way down to the end of the road.

Property Exterior Info

Acres - Total: 1.5 Lot SqFt: 65340 Waterfront: Yes Total Road Frontage: 0 Waterview: Yes Location Type: Mainland Water Frontage: 140

Possible Use

Residential: 1

Bldgs on Property

None: 1

HOA and Neigh Amenities

Boat Dock: 1 Boat Slip - Assign: 1 Maint - Comm Areas: 1 Maint - Roads: 1 Picnic Area: 1 Ramp: 1 Street Lights: 1 Waterfront Community: 1

Soil Evaluation

Soil Evaluation - No: 1

View Type

ICW View: 1

Topography

Cleared/Partial: 1 Wooded: 1

Lot Water Features

Boat Slip: 1 Boat Lift: 1 Deeded Water Access: 1 Deeded Water Rights: 1 Deeded Waterfront: 1 Water Access Comm: 1

Fencing

None: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Road Type/Frontage

Maintained: 1

Property Features

Possible Use: Residential Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Cleared/Partial; Wooded View Type: ICW View Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Water Features: Boat Lift; Boat Slip; Deeded Water Access; Deeded Water Rights; Deeded Waterfront; Water Access Comm HOA and Neigh Amenities: Boat Dock; Boat Slip - Assign; Maint - Comm Areas; Maint - Roads; Picnic Area; Ramp; Street Lights; Waterfront Community
Listing Office: Nest Realty
IDX
Last Updated: May - 20 - 2026
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