110 Carolina Avenue
Leland, NC 28451
$550,000
About the property
Attention Investors and First Time Homebuyers! -- Assumable FHA financing at 5.99% -- Seller financing Available! Turnkey investment opportunity meets significant development upside -- welcome to 110 Carolina Ave. This fully renovated 4-bedroom, 2-bath ranch sits on a generous 1.29-acre lot in the heart of fast-growing Leland, NC, and comes with a tenant already in place. The home was comprehensively renovated in 2025 -- brand-new HVAC, electrical, plumbing, roof, flooring, kitchen, and more -- giving the next owner the confidence of modern systems with no deferred maintenance. Inside, you'll find fresh luxury vinyl plank flooring throughout, a stylish renovated kitchen featuring quartz countertops, white shaker cabinetry, bold dark subway tile backsplash, stainless steel appliances, and a matte black farmhouse sink. Both bathrooms have been fully updated with modern vanities, glass doors, and designer matte black fixtures. A spacious screened porch adds year-round outdoor living appeal. The true opportunity here is the land. The 1.29-acre lot has been preliminarily identified as capable of supporting up to 6 townhomes or 2 additional single-family residences (utilities available) -- offering a developer or investor the rare chance to generate additional density in a high-demand corridor. A retention pond at the rear of the property could potentially be cleared to create desirable water views for future development. The seller has received written communications from the Town of Leland indicating these are permitted uses, and all buyers are encouraged to verify directly with the town to confirm. Whether you're seeking a stabilized rental with value-add development potential, a builder's next project, or a long-term land hold in one of Brunswick County's most active growth markets -- this property checks every box. Don't miss it. Schedule your showing today!
At a glance
Listing details
- Full bathrooms
- 2
- Half bathrooms
- 0
- Heated square feet
- 1,678
- Lot acres
- 1.29
- Lot dimensions
- 167 X 260 X 167 X 293
- Stories
- 1
- Zoning
- LE-T4
- HOA
- No
- Waterfront
- No
- Fireplace
- No
Education
Schools
- Elementary school
- Lincoln
- Middle school
- Leland
- High school
- North Brunswick
- School district
- Brunswick County Schools
Complete report
Property features
- City
- Leland
- Sub-Type
- Single Family Residence
- County
- Brunswick
- Location Type
- Mainland
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
- City Limits
- Yes
- Marketing City
- Leland
- Year Built
- 1965
- # Baths - Total
- 2
- # Bedrooms
- 4
- # Rooms
- 6
- Master Bedroom Level
- Primary Living Area
- Waterview
- Yes
- New Construction
- No
- Sign on Property
- Yes
- Handicap Accessible
- Accessible Approach with Ramp
- Attic
- Stairs - Pull Down
- Basement
- None
- Construction
- Wood Frame
- Property Condition
- Updated/Remodeled
- Cooling
- Central Air
- Dining Room Type
- Combination
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Wood Siding
- Other Structures
- Storage; Workshop
- Foundation
- Block; Crawl Space
- Terms
- Cash; Conventional; FHA; VA Loan
- Rental Information
- Lease Term: 12 Months
- Lease Term
- 12 Months
- Trash Collection
- Private Service
- Furnished
- Unfurnished
- Unit Type
- 4 Bedroom Or More
- Flooring
- LVT/LVP
- Fencing
- None
- Interior Features
- Ceiling Fan(s)
- Garage & Parking
- Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0
- HOA and Neigh Amenities
- See Remarks
- Heated SqFt
- 1600 - 1799
- Heating
- Forced Air
- Heating System Fuel Source
- Electric
- Lot Features
- Interior Lot
- Laundry Features
- Hookup - Dryer; Hookup - Washer
- Lot Water Features
- None
- Patio and Porch Features
- Covered; Porch; Screened
- Parking Features
- Dirt; Off Street; On Site; Unpaved
- Pool Features
- None
- Roof
- Shingle
- Road Type/Frontage
- Private Road; Unpaved
- Showing Instructions
- 24 Hour Notice
- Levels
- One
- Architectural Style
- Ranch
- Water Heater
- Electric
- Utilities
- Sewer Connected; Water Connected
- Sewer
- Municipal Sewer
- Water Source
- Municipal Water
- Construction Type
- Stick Built
- View Type
- Pond; Water
- Frontage Type
- Pond Front
- Tax Assessed Value
- $159,110
- Cobra Zone
- No
- Deed Book
- 5313
- Deed Page
- 117
- Plat Book
- PIN 310709171309
- PID
- 038HA010
- Tax Identifier
- 038ha010
- Plat Page
- 0000
- Total Real Estate Property Taxes
- $1,173.76
- Special Assessments
- 0
- Tax Year
- 2025
- Legal
- Town Creek 74 / 76
- Directions to Property
- From US-17 (the main commercial corridor through Leland), head west on Village Road NE, then turn onto Carolina Ave. The property is at 110 Carolina Ave.