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$160,000
Property Description
This 0.328+/- acre corner lot in the Ocean Forest Lakes community of Wilmington, NC, presents a unique opportunity with an approved, transferable septic permit for a 4-bedroom home. Located outside the city limits, this property benefits from no city taxes and offers convenient access to Carolina Beach Road, River Road, and the nearby Monkey Junction area for shopping and dining. Though close to the coast, the lot is not in a flood zone, so flood insurance is not required. Ocean Forest Lakes is a well-established neighborhood with low HOA fees of $475 per year and is just a short drive from both Carolina Beach and downtown Wilmington. The property is also close to schools, medical facilities, and essential services, and is within the Ashley School District. Water access is available through Cape Fear Public Utility Authority. Don't miss this fantastic opportunity to invest in a valuable piece of land-land is one resource we can't create more of!
Full Property Details
Full Property Details for 400 Okeechobee Rd
General
- Price: $160,000
- HOA FEE: $40/month
- HOA FEE FREQ.: Annually
- Taxes: $534 (2025)
- Status: Active
- Type: Land Residential
- Source: 2253
- MLS ID: 100536289
- Updated: 5/13/2026
- Added to Site: 211 day(s) ago
Additional Information
- Shared Amenities: Maintenance Common Areas
Location
- County: New Hanover
- Subdivision: Ocean Forest Lakes
- Driving Directions: From River Rd, turn onto Watauga Rd into Ocean Forest Lakes. Turn left onto Okeechobee Rd. The lot will be on the right at the corner of Okeechobee Rd and Ontario Rd.
School Information
- Elementary School: Anderson
- Middle School: Murray
- High School: Ashley
Community
- Association: Yes
Utilities
- Sewer: None, Septic Permit On File
- Water: Public, Public2
- Utility Description: Water Available, Electricity Available
Structural Information
- Current Bldg. Use: Vacant, Development, Development2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,288
- Frontage: City Street, State Road
- Topography: Wooded
- Lot Features: Corner Lot
- Zoning: R-15
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Acre: $484,848.48
- Association Fee: $475
- Assoc Fee Freq.: Annually
- Assessment Amount: $141,300
- Tax Amount: $534.82
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 121 Ocean Forest Lks II
- Property ID: R08112-004-002-000
- Block: 22
Listed by Fathom Realty NC LLC, Carole Langheim
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Schools
Schools serving 400 Okeechobee Rd
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Edwin A. Anderson Elementary 455 Halyburton Memorial Parkway, Wilmington, NC 28412 | K-5 | 0.2 mi |
Charles P Murray Middle 655 Halyburton Memorial Parkway, Wilmington, NC 28412 | 6-8 | 0.4 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 0.4 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 400 Okeechobee Rd
Date
Details
Price
Change
Source
10/15/2025
Listed
$160,000
10.34%
MLS
12/02/2024
Sold
$145,000
—
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 400 Okeechobee Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$535
36%
$141,300
87%
2024
$394
100%
$75,500
—
2023
-100%
$75,500
—
2022
$398
-4%
$75,500
—
2021
$413
—
$75,500
44%
2021
$413
25%
$52,300
—
2018
$331
-2%
$52,300
—
2017
$339
-6%
$52,300
—
2016
$362
9%
$52,300
—
2019
$331
-2%
$52,300
—
2015
$337
2%
$52,300
—
2013
$331
—
$52,300
—
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 400 Okeechobee Rd
400 Okeechobee Road, Wilmington, NC 28412 (MLS# 100536289) is a Land Residential property with a lot size of 0.33 acres. 400 Okeechobee Road is currently listed for $160,000 and was received on October 15, 2025. Want to learn more about 400 Okeechobee Road? Do you have questions about finding other Land Residential real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.
