UNIQUE OPPORTUNITY to custom build your dream home and lifestyle within New Hanover County's newest waterfront gated community of Preservation Point. This 0.48 acre lot is conveniently located, residing on a quiet and beautifully wooded cul-de-sac street, steps away from the community clubhouse, lounge, outdoor pool, state of the art on-site workout facility, multiple outdoor gathering spots and soon to be completed 7 acre PRIVATE ISLAND! This exclusive island will provide its residents unparalleled picturesque Cape Fear River views, additional clubhouse, pool, fitness center, pickleball courts, putting green, kayak launches, dog park, walking/biking trails. Marina boat slips are available for purchase as well!! (15 min. boat ride to ICW!) With no reason to leave this neighborhood, you'll still appreciate the easy commute to surrounding beaches, downtown ILM, restaurants, shopping, airport and I-40. Capitalize on one of the very last chances to live within Preservation Point.