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Residential Land for Sale in Wallace, North Carolina

116 Magnolia Bay Ln, Wallace, NC 28466

$28,500
0.3 acres
Active sale
ago
Est $216/mo

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.

Location

Street address
116 Magnolia Bay Ln, Lot 402
Community
River Landing
Elevation
45 feet
Coordinates
34.7571, -77.9395

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.

Property details

Lot size
0.3 acres13,068 sq ft
Zoning
Residential
MLS #
HMLS 100572659
Posted

Property taxes

2025
$132

Expenses

Homeowner Association Fee
$1,570 annually

Parcels

  • 092297

Legal description

Details and features

Listing

Type
Land
Franchise
Coldwell Banker Real Estate

Nearby schools

NameType
WallaceElementary
WallaceMiddle
Wallace-Rose HillHigh

Listing history

DateEventPriceChangeSource
May 9, 2026New listing$28,500HMLS
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This 0.3-acre property is located at 116 Magnolia Bay Ln Lot 402 in Wallace, NC 28466. The property is available for sale for $28,500.

Listed by Coldwell Banker Sea Coast Advantage-Leland, (910) 799-3435

Checked 1 hour agoUpdated Source

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Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Mitchell Williams
Coldwell Banker Sea Coast Advantage-Leland
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