25511 Hwy 421, Ivanhoe, NC 28447

Property Description

Discover the perfect blend of investment and recreation with this exceptional 94-acre property less than an hour from Wilmington. With access to NC Highway 421 plus well-established shared historic access, this property features strong investment potential and excellent recreational opportunities. Highway access and proximity to Wilmington ensures a competitive market for both timber resources and future land sales. This versatile timber and recreational land investment gives you the best of both worlds—recreational enjoyment and financial upside. Proposed Continued Use Addendum: (Buyer assumption of existing deferred property taxes based on Present Use Valuation for property taxes) The property is currently in Present-Use Valuation for property taxes. Buyer intends to apply for immediate eligibility under the Continued Use exception (G.S.105-277.3(b2)(1) . Upon transfer of ownership to Buyer, Buyer agrees to accept responsibility for any and all deferred taxes due because of any disqualification that may occur and BUYER ACCEPTS FULL LIABILITY FOR ANY EXISTING DEFERRED TAXES that may arise.