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Residential Land for Sale in Wallace, North Carolina

157 Southern Magnolia Ln, Wallace, NC 28466

$55,000
0.36 acres
Active sale
ago
Est $395/mo

Discover this stunning 0.36-acre homesite nestled within a stunning gated golf community of River Landing. With a serene and 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 Vineyards at 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
157 Southern Magnolia Ln, Lot 415
Community
River Landing
Elevation
44 feet
Coordinates
34.7573, -77.9412

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 Southern Magnolia Lane, and 157 Southern Magnolia Lane will be located along that street.

Property details

Lot size
0.36 acres15,682 sq ft
Zoning
Residential
MLS #
HMLS 100573835
Posted

Property taxes

2025
$132

Expenses

Homeowner Association Fee
$1,570 annually

Parcels

  • 092328

Legal description

Details and features

Listing

Type
Land
Franchise
Coldwell Banker Real Estate

Lot

Features
Corner Lot, Cul-De-Sac, Dead End, Wooded

Nearby schools

NameType
WallaceElementary
WallaceMiddle
Wallace-Rose HillHigh

Listing history

DateEventPriceChangeSource
May 15, 2026New listing$55,000HMLS
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This 0.36-acre property is located at 157 Southern Magnolia Ln Lot 415 in Wallace, NC 28466. The property is available for sale for $55,000.

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

Checked 2 hours 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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