Nestled within the heart of downtown Wilmington, this exceptional waterfront homesite is located on a cul-de-sac in Preservation Point and offers a rare opportunity to own a 17.34 acres of pristine land and expansive saltmarsh along the Cape Fear River. This exclusive property comes with a 32-foot deep water marina slip, providing effortless access to the river's tranquil waters and beyond. Preservation Point is a gated community that epitomizes luxury living, boasting an array of top-tier amenities including a clubhouse, a state-of-the-art fitness center, and a refreshing pool. Residents will also enjoy access to a unique 8.7-acre private island, complete with a scenic boardwalk, a putting green, a kayak launch, and a second clubhouse. The island also features tennis courts and a community marina, ensuring endless recreational possibilities. This homesite is a perfect blend of natural beauty and modern convenience, offering an unparalleled lifestyle in one of Wilmington's most sought-after locations.