Waterfront opportunity, priced to reflect its current condition, on one of the largest and most private homesites in this highly sought-after midtown neighborhood. Set on two full lots totaling 1.46 acres, the property offers mature trees, exceptional privacy, and frontage along a navigable tidal creek with direct access to the Cape Fear River ideal for kayaking and enjoying the natural beauty of the water. The home features 4 bedrooms and 2.5 baths with a spacious and flexible floor plan, including formal living and dining rooms, a comfortable family room, a large bonus room with separate entrance (ideal for a home office, studio, or guest space), a generous kitchen with breakfast nook, two fireplaces, and a bright sunroom overlooking expansive creek and marsh views. This home offers a clear opportunity for renovation and personalization, allowing the next owner to design and update to their own vision. With its rare combination of waterfront, acreage, and privacy, the property presents strong long-term potential in an established community. Residents enjoy access to a nearby county park with walking trails, tennis courts, and an outdoor pool. If you've been searching for privacy, acreage, and true waterfront access with the ability to personalize and add value, this is a rare opportunity in an established community.