Carey Otto

$725,000

8.37 Acres

Peletier, North Carolina, 28584

Previously conceptualized as ''Coastline Flatts,'' this 8.37-acre parcel presents a rare opportunity for builders and developers to bring a thoughtfully planned townhome community to life. Initial site plan work has already been completed, outlining a multi-unit, 2-bedroom townhome concept and providing a meaningful head start for future development.Strategically located along Hwy 58 between Cape Carteret and Peletier, this property is positioned in a highly visible and accessible corridor, with the established Coldwater Creek subdivision backing up to the land. Located in unzoned Carteret County, this parcel offers added flexibility in use, allowing a developer to build upon the current vision or reimagine the site entirely.With increasing demand for housing along the Crystal Coast, opportunities like this--with scale, flexibility, and site planning already in place--are becoming increasingly limited.