Incredible Coastal area RV Park / Campground Hampstead investment and redevelopment opportunity: 4 parcels totaling ~9.5 acres at 413-421 Buds Lane—formerly Buds Campground & RV Park. The property is zoned RP (Residential Performance), the largest parcel is legal non-conforming as an RV Park / Recreational Campground, and zoning verification is… Read More on file allowing continued operation of this use. Extensive infrastructure is already in place, including 11 septic systems , (recently pumped/serviced), 3 private wells, and recent improvements tying the front portion into public water. Current layout supports 33 RV pads (and possibly more for true campground-style sites depending on required utilities). 9 RV pads are essentially brand new with fresh underground power pedestals, gravel sites, public water and even mailboxes. At the rear (421 Buds Lane) sits a vintage single-family home on ~2 acres, currently rented—ideal as an income-producing rental, on-site management office, or future redevelopment component. The home was recently updated and renovated including interior paint, freshly painted the cabinets and vanities, new LVP flooring, new appliances, refinished tubs/showers, new light fixtures and plumbing fixtures, new tri-zone mini split system (heats and cools), new exterior/interior doors, new toilets and bathroom accessories Rare scale, proven prior use, and strong utility capacity create a compelling play for RV park operators, campground investors, or buyers seeking a value-add project near the coast and the growing Hampstead market. Read Less
Courtesy of Christian A Cardamone, Aloha Wilmington Real Estate
Listing Snapshot
Days Online
48
Last Updated
Property Type
Unimproved Land
Square Ft.
1,428
Lot Size
9.4 Acres
Year Built
1940
MLS Number
100551341
30 Days Snapshot Of 28443
$489k
-12%
(avg) sold price
57
+35%
homes sold
114
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1940, Toal building area: 1428
Lot
9.4 acres, 409,464 sqft, "See Remarks", "Cul-De-Sac", "Level"
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