No photo available
$490,000
Property Description
Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new. The existing structures offer flexible options - renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft - perfect for rental income, guest quarters, or multigenerational living. Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion. Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area. Endless possibilities await - bring your vision to life in Forest Hills.
Full Property Details
Full Property Details for 115 Forest Hills Dr
General
- Sold For: $490,000
- Taxes: $3,671 (2024)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100508665
- Added to Site: 169 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Non Primary Living Area
Exterior
- Porch/Patio/Deck: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Off Street, Paved
Location
- County: New Hanover
- Subdivision: Forest Hills
- Driving Directions: Traveling east on Market St turn right onto Forest Hills Dr and the home is on the left.
School Information
- High School District: New Hanover
- Elementary School: Forest Hills
- Middle School: Williston
- High School: New Hanover
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Utility Description: Natural Gas Available, Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame
- Construction: Brick Veneer
- Basement Desc.: Unfinished
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 1,896
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 30,144
- Lot Dimensions: 100 x 300
- Frontage: City Street, State Road
- Zoning: R-15
- Fencing (Description): Back Yard
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $199.92
- Assessment Amount: $422,000
- Tax Amount: $3,671.4
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lt 11A Sec A Forest Hills S/D
- Property ID: R04820-011-022-000
Listed by Intracoastal Realty Corp, Jeffrey G Hovis and Intracoastal Realty Corp, Sky Grainger
Sold by Brick & Mojo, LLC, Team Archer
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Schools
Schools serving 115 Forest Hills Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary 602 Colonial Drive, Wilmington, NC 28403 | K-5 | 0.4 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1.3 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 115 Forest Hills Dr
Date
Details
Price
Change
Source
3/02/2026
Sold
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
115 Forest Hills Drive, Wilmington, NC 28403 (MLS# 100508665) is a Single Family property that was sold at $490,000 on March 02, 2026. Want to learn more about 115 Forest Hills Drive? Do you have questions about finding other Single Family 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.
