115 Forest Hills Drive

Forest Hills Wilmington 28403 Active

$610,000

Listing Description

Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new.The existing structures offer flexible options -- renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft -- perfect for rental income, guest quarters, or multigenerational living.Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion.Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area.Endless possibilities await -- bring your vision to life in Forest Hills.