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$285,000
Property Description
Discover the potential at 506 Old Mill Rd - a property offering solid investment value in a growing area just minutes from downtown Wilmington, the airport, and major employers. Whether you're seeking a long-term rental, short-term Airbnb, or renovation project, this property offers flexibility and room to increase equity. Enjoy the benefits of a quiet rural setting with convenient access to beaches, shopping, and I-140 for easy commuting. With rising demand in Castle Hayne and limited inventory, this is a prime opportunity to expand your portfolio in one of the region's fastest-growing markets.
Full Property Details
Full Property Details for 506 Old Mill Rd
General
- Sold For: $285,000
- Taxes: $1,048 (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100536599
- Added to Site: 209 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Exterior
- Porch/Patio/Deck: Covered, Patio, Screened
Parking
- Parking Features: Off Street, Paved
Location
- County: New Hanover
- Subdivision: Runnymeade
- Driving Directions: Continue onto N 3rd St, continue onto Martin Luther King Jr Pkwy, take the NC-133 N exit toward Burgaw, turn right onto Old Mill Rd
School Information
- High School District: New Hanover
- Elementary School: Wrightsboro
- Middle School: Holly Shelter
- High School: New Hanover
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Electric, Forced Air
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame
- Construction: Brick Veneer, Vinyl Siding
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,404
- Year Built: 1984
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,155
- Lot Dimensions: 100 x 157 x 70 x 156
- Frontage: City Street, State Road
- Zoning: R-10
- Fencing (Description): Back Yard, Wood
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $213.67
- Assessment Amount: $277,000
- Tax Amount: $1,048.45
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LT 166 RUNNYMEADE SEC 4
- Property ID: R02520-004-023-000
Listed by BlueCoast Realty Corporation, Wayne D Bigg
Sold by Intracoastal Realty Corp, McKenzie C Taylor
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Schools
Schools serving 506 Old Mill Rd
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Wrightsboro Elementary 2716 Castle Hayne Road, Wilmington, NC 28401 | K-5 | 0.7 mi |
Holly Shelter Middle School 3921 Roger Haynes Drive, Castle Hayne, NC 28429 | 6-8 | 3.6 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Old Mill Rd
Date
Details
Price
Change
Source
11/24/2025
Sold
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 Old Mill Road, Castle Hayne, NC 28429 (MLS# 100536599) is a Single Family property that was sold at $285,000 on November 24, 2025. Want to learn more about 506 Old Mill Road? Do you have questions about finding other Single Family real estate for sale in Castle Hayne? You can browse all Castle Hayne real estate or contact a Coldwell Banker agent to request more information.