Date
Details
Price
Change
Source
5/09/2026
Listed
$28,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$28,500 Just Listed
Property Description
Discover this stunning 0.30-acre homesite nestled within the stunning gated golf community of River Landing and the neighborhood of Magnolia Bay. With a peaceful setting, this property offers the perfect backdrop to design and build your ideal home. The generous lot size provides both space and privacy, while located in the golf friendly neighborhood of River Landing with scenic walking trails, and natural beauty. Embrace an active lifestyle with miles of walking and biking trails, 63 ponds for fishing, or spend time at the River Lodge with kayak access to the Northeast Cape Fear River. Best of all, you're just a short 45-minute drive to area beaches. River Landing features 3 optional and reasonably priced club memberships and is home to two NC Golf Panel ''Top 50'' championship courses, along with exceptional club amenities. Members enjoy access to an outdoor pool, fitness center, tennis and pickleball courts, and a vibrant social atmosphere. Dine in style at the elegant clubhouse or relax with a casual meal at the grille and bar. Best of all, you're just a short 35 minute drive to Wilmington, 90 minutes to Raleigh and 45-minute drive to area beaches. A wonderful opportunity to experience the best of coastal Carolina living in a welcoming, small-town setting.
Full Property Details
Full Property Details for 116 Magnolia Bay Ln
General
- Price: $28,500
- HOA FEE: $131/month
- HOA FEE FREQ.: Annually
- Taxes: $131 (2025)
- Status: Active
- Type: Residential Lots
- Source: 2253
- MLS ID: 100572659
- Updated: 5/13/2026
- Added to Site: 4 day(s) ago
Additional Information
- Shared Amenities: Basketball Court, Clubhouse, Exercise Course, Fitness Center, Gated, Golf Course, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Maintenance Structure, Management, Master Insure, Meeting Room, Park, Party Room, Picnic Area, Playground, Restaurant, Sauna, Sidewalks, Street Lights, Tennis Court(s), Trail(s), See Remarks, Club Membership, Pool, Pickleball2
Location
- County: Duplin
- Subdivision: River Landing
- Driving Directions: From I-40, take Exit 385 and turn onto NC-41 toward Wallace, then continue straight to the River Landing main entrance; go through the gate, stay on Paddlewheel Drive, turn onto Magnolia Bay Lane, and 116 Magnolia Bay Lane will be located along that street.
School Information
- Elementary School: Wallace
- Middle School: Wallace
- High School: Wallace-Rose Hill
Community
- Association: Yes
- Assoc. Name: River Landing Property Owners Association Inc.
Structural Information
- Current Bldg. Use: Vacant, Residential
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Dimensions: 79 x 168 x 77 x 172
- Frontage: Private Road, Maintained
- Topography: Cleared/Partial
- Zoning: Residential
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Acre: $95,000
- Association Fee: $1,570
- Assoc Fee Freq.: Annually
- Assessment Amount: $20,000
- Tax Amount: $131.6
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Being all of Lot 402, Magnolia Bay at River Landing
- Property ID: 92297
- Block: 42
- Lot Number: 402
Listed by Coldwell Banker Sea Coast Advantage-Leland, Mitchell S Williams
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 116 Magnolia Bay Ln —
Mitchell S Williams
Coldwell Banker Sea Coast Advantage-Leland
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 116 Magnolia Bay Ln
School District:Duplin County Schools
| Name | Grades | Distance |
|---|---|---|
Wallace Elementary 4266 North Carolina 11, Wallace, NC 28466 | PK-8 | 2.7 mi |
Wallace-Rose Hill High 602 High School Road, Teachey, NC 28464 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Magnolia Bay Ln
Tax History
Tax History for 116 Magnolia Bay Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$132
45%
$20,000
79%
2021
$91
—
$11,200
—
2022
$91
—
$11,200
—
2020
$91
1%
$11,200
—
2019
$90
6%
$11,200
—
2018
$85
—
$11,200
—
2017
$85
-86%
$11,200
-86%
2016
$616
—
$80,000
—
2015
$616
—
$80,000
—
2014
$616
1%
$80,000
—
2013
$608
—
$80,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Magnolia Bay Ln
116 Magnolia Bay Lane, Wallace, NC 28466 (MLS# 100572659) is a Residential Lots property with a lot size of 0.3 acres. 116 Magnolia Bay Lane is currently listed for $28,500 and was received on May 09, 2026. Want to learn more about 116 Magnolia Bay Lane? Do you have questions about finding other Residential Lots real estate for sale in Wallace? You can browse all Wallace real estate or contact a Coldwell Banker agent to request more information.