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$28,500
Property Description
Discover the perfect setting to build your custom dream home in the prestigious, gated community of River Landing. This vacant homesite offers a peaceful backdrop surrounded by mature trees and natural beauty, with access to world-class amenities including 2 championship golf courses, a well equipped clubhouse, fitness facilities, walking trails, and scenic river views. Enjoy the charm of small-town living paired with the elegance and security of one of Eastern North Carolina's premier golf communities. Conveniently located near I-40 for easy access to Wilmington, Raleigh, and the coast. Don't miss this opportunity to create a home tailored to your lifestyle in an exceptional setting.
Full Property Details
Full Property Details for 172 Southern Magnolia Ln
General
- Price: $28,500
- HOA FEE: $123/month
- HOA FEE FREQ.: Annually
- Taxes: $131 (2025)
- Status: Active
- Type: Land Residential
- Source: 2253
- MLS ID: 100553739
- Updated: 5/13/2026
- Added to Site: 92 day(s) ago
Additional Information
- Shared Amenities: Clubhouse, Gated, Maintenance Common Areas, Maintenance Roads, Picnic Area, Playground, Sidewalks, Street Lights, Trail(s)
Location
- County: Duplin
- Subdivision: River Landing
- Driving Directions: Turn right onto Paddlewheel Dr/River Landing Country Club Road, Continue to follow Paddlewheel, Turn right onto Magnolia Bay Ln, Turn right onto Southern Magnolia Ln- Lot is located inside cul de sac at the end of Southern Magnolia.
School Information
- Elementary School: Wallace
- Middle School: Wallace
- High School: Wallace-Rose Hill
Community
- Association: Yes
- Assoc. Name: River Landing HOA
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available, Electricity Available
Structural Information
- Current Bldg. Use: Residential
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Lot Dimensions: 75 x 140 x 132 x 181
- Frontage: Private Road, Maintained, Paved, Paved
- Topography: Wooded
- Lot Features: Cul-De-Sac
- Zoning: Residential
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Acre: $91,935.48
- Association Fee: $1,475
- Assoc Fee Freq.: Annually
- Assessment Amount: $20,000
- Tax Amount: $131.6
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 406, MAGNOLIA BAY
- Property ID: 92308
- Block: 42-45
Listed by Keller Williams Innovate-Wilmington, Claire S Parker
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Schools
Schools serving 172 Southern Magnolia Ln
School District:Duplin County Schools
| Name | Grades | Distance |
|---|---|---|
Wallace Elementary 4266 North Carolina 11, Wallace, NC 28466 | PK-8 | 2.8 mi |
Wallace-Rose Hill High 602 High School Road, Teachey, NC 28464 | 9-12 | 3.5 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 172 Southern Magnolia Ln
Date
Details
Price
Change
Source
2/10/2026
Listed
$28,500
185%
MLS
9/28/2023
Sold
$10,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 172 Southern Magnolia Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$132
29%
$20,000
59%
2021
$102
—
$12,600
—
2022
$102
—
$12,600
—
2020
$102
1%
$12,600
—
2019
$101
5%
$12,600
—
2018
$96
1%
$12,600
—
2017
$95
-86%
$12,600
-86%
2016
$693
—
$90,000
—
2015
$693
—
$90,000
—
2014
$693
1%
$90,000
—
2013
$684
—
$90,000
—
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 172 Southern Magnolia Ln
172 Southern Magnolia Lane, Wallace, NC 28466 (MLS# 100553739) is a Land Residential property with a lot size of 0.31 acres. 172 Southern Magnolia Lane is currently listed for $28,500 and was received on February 10, 2026. Want to learn more about 172 Southern Magnolia Lane? Do you have questions about finding other Land Residential real estate for sale in Wallace? You can browse all Wallace real estate or contact a Coldwell Banker agent to request more information.