A value-add opportunity in one of coastal North Carolina's fastest-growing corridors. This 1,524 sq ft, 3-bedroom, 2-bath single-family home sits on nearly a full acre in Hampstead's Sloop Point area, just 15 minutes from Surf City's beaches and 30 minutes from both Wilmington and Jacksonville. With no HOA restrictions, an investor has full flexibility to renovate, hold as a rental, or reposition the property for resale.
The home needs work — that's the opportunity. Solid bones on a large, unrestricted lot in a market where renovated comps on the same street are trading well above this basis: nearby Sloop Point Road properties of similar size have sold in the $350,000–$430,000 range post-renovation, and Zillow's rent estimate on this address already pencils at roughly $2,084/month as-is. At $111/sq ft, the entry price leaves meaningful room for a rehab budget while staying under comparable renovated values in the neighborhood.
Location: Hampstead's Sloop Point community sits along the Intracoastal Waterway corridor between Wilmington and Jacksonville, NC — a fast-growing stretch of coastal Pender County drawing steady demand from retirees, second-home buyers, and relocating families chasing the Carolina coast lifestyle. Topsail-area beaches, boat access, and a low-density, no-HOA setting make this a location investors continue to target for both rental income and long-term appreciation.
