5324 Wrightsville Avenue Wilmington, NC 28403
4 bed / 2 bath / 2,004 Sq. Ft. / 16,553 Sq. Ft., 0.38 acres lot size / Single Family
Status: Sold
Listing Courtesy of: Jason Hand - Berkshire Hathaway HomeServices Carolina Premier Properties +1 910 256 0021
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Investor Alert! Two income producing properties on one lot that has recently been rezoned R-5(CD) and pre-approved to build two more dwellings!! The existing 3 bedroom brick ranch (1344 ft2) is vacant and ready for its new occupant. It has recently been updated with new HVAC (2026), new HWH (2026), and new roof (2024). Other updates in the last 12-13 years include updated electrical system, kitchen cabinetry, appliances, and select flooring. There is also a bonus room that could be used as an additional bedroom or home office. Out back lies a detached 1 bedroom garage apartment (660 ft2) built in 2013 with access from Park Ave and a long term tenant in place that would like to stay. Each dwelling has their own private 1 car garage bay for storage, a rarity in this town. The primary dwelling sits on a crawlspace so there is potential to add another bathroom. Conveniently located in the Wrightsville corridor designated Area of Opportunity by the City of Wilmington this home site is close to UNCW, Cape Fear Hospital, coffee shop, city transit, Wrightsville Beach, and more! The new owner has the option to subdivide and develop two more income producing units, or just keep the property as-is and live in the house and rent out the garage apartment. In the case of the latter, you could still subdivide and possibly sell the new lot (with frontage on Wrightsville Ave) to defray the cost of your purchase. Don't miss this rare opportunity with so much potential! Disclaimer: Concept plans (pictured) were submitted to the city as part of the rezoning package and are being provided for reference only.
property details
Type
Single Family
Status
Closed
County
New Hanover
Year Built
1954
Sq. Ft.
1,344
Lot Size
16,553 Sq. Ft., 0.4 acres
Listing Id
100561004
Courtesy Of
Jason Hand - Berkshire Hathaway HomeServices Carolina Premier Properties +1 910 256 0021
List Office Phone
+1 (910) 256-0021
Subdivision
Not In Subdivision
Interior Features
Beds
4
Full Baths
2
Living Area Units
Sq. Ft.
Appliances
Refrigerator
Range
Dishwasher
Microwave
Range
Dishwasher
Microwave
Bathrooms Total
2
Exterior Features
Parking
Additional Parking
Off Street
On Site
Off Street
On Site
Stories
1
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Electric Heating
Heat Pump
Forced Air
Heat Pump
Forced Air
Building Area Total
1,344 Sq. Ft.
Architectural Style
1 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
04/29/2026
04/29/2026
|
Sold |
$570,000
|
Hive MLS NorthCarolina |
|
03/25/2026
03/25/2026
|
Pending |
$599,000
|
Hive MLS NorthCarolina |
|
03/18/2026
03/18/2026
|
Active |
$599,000
|
Hive MLS NorthCarolina |
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Market Trends
Source: Constellation1
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