This 3-bedroom vintage home is centrally located in Leland, just outside of Wilmington, and sits on a beautiful 1.4-acre parcel offering endless possibilities. The home features 1,372 heated square feet, complemented by an additional 176 sq ft bonus room and a 90 sq ft covered patio, providing plenty of space and character. The existing home is older and dated and may be best suited for a complete renovation or removal, allowing the new owner to maximize the potential of this exceptional property. The true value lies in the land, location, and flexibility offered by the T40 (Urban Mixed Use) zoning designation, which provides opportunities beyond traditional residential use. With its generous acreage and desirable location, this property presents a unique opportunity for builders, developers, investors, or those looking to create a private estate. Potential possibilities may include multiple single-family homes, townhomes, or other residential development concepts, subject to applicable zoning requirements and approvals. Located in a growing area with convenient access to Wilmington, shopping, dining, and major roadways, this property combines the charm of an established location with the opportunity to bring a new vision to life. A rare opportunity to reimagine a property with tremendous potential in one of Leland's growing areas.