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Street view of 353 Glenn Ellen Dr, Wilmington, NC 28412

353 Glenn Ellen Dr, Wilmington, NC 28412

Estimated Market Value

$0
Range: $246,000 - $350,000

AI Property Analysis

Discover the potential at 353 Glenn Ellen Dr, a spacious 0.562-acre parcel located in the charming Village at Motts Landing in Wilmington, NC. While currently designated as open space and owned by the homeowners association, its R-15 residential zoning suggests future possibilities within this highly desirable community. This generous lot offers a canvas for envisioning the perfect addition to the neighborhood, subject to community guidelines and local regulations. To explore more about the lifestyle and homes for sale in Village at Motts Landing, or to gain insights into the Wilmington NC real estate market, connect with the knowledgeable team at Buddy Blake Real Estate. Their local market expertise can guide you through the opportunities in this dynamic coastal region.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$260,190

Equity Breakdown

Investor Quick-Sale Est.$177,120
Monthly Rental Est.$2,352/mo

Market Pulse

Market Temp
⚖️ Moderate

A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.

Your Neighborhood

<p>Situated in the vibrant Federal Point area of Wilmington, NC, this property benefits from its location within New Hanover County, known for its beautiful coastal landscapes and thriving community. Residents enjoy access to top-rated schools within the New Hanover County Schools district and a diverse range of amenities, making it a highly sought-after place to live. For more local insights, visit <a href="https://buddyblake.com">Buddy Blake Real Estate</a>.</p>

Market Trend Predictions

1 Year Forecast$304,290Range: $299K - $304K
3 Year Forecast$325,963Range: $310K - $326K
5 Year Forecast$349,180Range: $321K - $349K

Estimated Monthly Equity Gain
+$858/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

⚖️Market Outlook & Sell Window

Stable market — no urgency, but conditions are fair

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.
Buddy Blake

Report Generated By

Buddy Blake

Buddy Blake Real Estate