Date
Details
Price
Change
Source
8/01/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$349,000
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Property Description
Welcome to 106 N. Water Street, Unit 506, where breathtaking waterfront views and an unbeatable downtown location come together to create the perfect urban retreat. Perched on the fifth floor of the building, this charming condominium is centrally located for added convenience, amazing views and near both elevators while maintaining a desirable location within the building. Designed for effortless living, this cozy and intimate residence proves that great things come in small packages. The floor plan maximizes every square foot, creating a space that feels both comfortable and functional. Whether you're looking for a full-time residence, a weekend getaway, or an investment property, this condominium is in one of Wilmington's most sought-after locations. The true showstopper is the incredible panorama just beyond your private covered balcony. Everyday you will enjoy sweeping views of the Cape Fear River, the Cape Fear Memorial Bridge and enjoy spectacular sunsets. Take in the energy of the Downtown Wilmington Riverwalk, where restaurants, boutiques, and entertainment create a vibrant waterfront atmosphere, and admire the historic Battleship North Carolina, one of the region's most treasured landmarks. This scenery provides a spectacular backdrop every day. Nearby beaches, golf courses, and convenient access to everything the Cape Fear region has to offer, this exceptional condominium delivers an unparalleled blend of convenience, comfort, and breathtaking scenery. Unit 506 offers a front-row seat to one of the most captivating waterfront settings in Wilmington. This is your opportunity to own an intimate downtown retreat with unforgettable views, an unbeatable location, and the vibrant coastal lifestyle you've been dreaming of.
Full Property Details
Full Property Details for 106 N Water St #506
General
- Price: $349,000
- HOA FEE: $400/month
- HOA FEE FREQ.: Annually
- Taxes: $1,124 (2025)
- Status: Active
- Type: Condo
- Source: 2253
- MLS ID: 100593222
- Updated: 8/1/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Blinds/Shades
- Appliances: Washer, Refrigerator, Dryer, Disposal, Electric Range
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: Elevator(s), Maintenance Common Areas, Maintenance Grounds, Management, Master Insure, Trash
Exterior
- Porch/Patio/Deck: Covered, Balcony
Parking
- Parking Features: Parking Lot
Location
- County: New Hanover
- Subdivision: Water Street Center Condo
- Driving Directions: Head toward Downtown Wilmington on Market Street (US-17 Business/US-74 East). Continue on Market Street for approximately 3-5 miles, depending on where you start on College Road.Turn right onto North Water Street at the downtown riverfront. Continue to 106 N. Water Street, which will be on your right along the Cape Fear River. Visitor parking is available in nearby public parking deck.
School Information
- High School District: New Hanover
- Elementary School: Snipes
- Middle School: Williston
- High School: New Hanover
Community
- Association: Yes
- Assoc. Name: Water Street Center
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump, Electric, Forced Air
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Cable Available, High Speed Internet
Structural Information
- Structure Type: Stick Built
- Construction: Concrete, Brick Veneer
- Roof: Flat
- Entry Floor Number: 1
- Square Feet: 584
- Year Built: 2000
Lot Features
- Lot Dimensions: Condo
- Frontage: City Street, State Road
- Zoning: CBD
- Fencing (Description): None
Water Features
- Water Front: Yes
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $597.6
- Association Fee: $4,800
- Assoc Fee Freq.: Annually
- Assessment Amount: $367,400
- Tax Amount: $1,124.24
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Unit 5F Water Street Center Condos
- Property ID: R04720-007-023-054
Listed by Network Real Estate, Neal Johnson
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Listing agent
— 106 N Water St #506 —
Neal Johnson
Network Real Estate
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 106 N Water St #506
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.7 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1 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 106 N Water St #506
Tax History
Tax History for 106 N Water St #506
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,346
2%
$367,400
50%
2024
$2,293
3%
$245,300
—
2023
$2,232
—
$245,300
—
2021
$2,233
—
$245,300
—
2022
$2,244
—
$245,300
35%
2021
$2,233
10%
$181,500
—
2017
$2,039
1%
$181,500
—
2016
$2,011
-1%
$181,500
—
2019
$2,039
6%
$181,500
—
2015
$1,922
4%
$181,500
—
2014
$1,840
1%
$181,500
—
2013
$1,822
—
$181,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 106 N Water St #506
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106 N Water Street #506, Wilmington, NC 28401 (MLS# 100593222) is a Condo property with 1 bedroom and 1 full bathroom. 106 N Water Street #506 is currently listed for $349,000 and was received on August 01, 2026. Want to learn more about 106 N Water Street #506? Do you have questions about finding other Condo real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.