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$585,000 Just Listed
Property Description
Welcome to Sweet Magnolia, tucked on a quiet side street just steps from everything that makes Wilminton special. This 3 bed, 2.5 bath home delivers something rare: the ease of low-maintenance, newer construction wrapped in the charm and character of historic Wilmington. Step onto the front porch, the kind made for rocking chairs and coffee, and you'll already understand why people fall in love with this home. Inside, rich hardwood floors run throughout the home, setting a warm, timeless tone from the moment you walk in. The main level is thoughtfully designed for real living: a spacious, comfortable living room that flows into the dining area and a kitchen that is made for cooking and entertaining. Granite countertops, stainless steel appliances, a tile backsplash, upgraded lighting, and a dedicated pantry. Main-level laundry keeps life simple, with easy access to the back patio, giving you a private outdoor retreat. Fully fenced and private yard on an oversized lot, giving you actual yard space to run around and use. Upstairs, three generous bedrooms offer the space and privacy you'd expect, with two and a half baths to keep everyone moving in the morning. The primary bathroom features a coastal blue double vanity and a beautiful tiled walk-in shower. A large walk-in closet with wooden shelving finishes this suite. Now -- about that location. Magnolia Street sits in the heart of downtown Wilmington's historic residential core, and that means you're walking distance from just about everything worth doing in this city. The nearly two-mile Riverwalk along the Cape Fear River is right around the corner, lined with local boutiques, art galleries, waterfront restaurants, and some of the best people-watching in the Southeast. Front Street's cafes, cocktail bars, and live music venues are minutes on foot. The Brooklyn Arts District -- now Wilmington's first official Social District -- is close enough that a Friday evening out is as simple as locking the door behind you. James Beard-nominated chefs, farm-to-fork dining, craft breweries, the Riverfront Farmers Market on Saturday mornings -- this is that neighborhood. And the property itself? It sits on an oversized lot, fully fenced for privacy, with off-street parking -- a combination that is genuinely hard to find in downtown Wilmington. Whether you're looking for a primary residence, a laid-back second home, or a high-performing short-term rental, this home checks every box. The furnishings are negotiable, meaning you could walk away with a completely turnkey, move-in-ready property from day one. Come see Sweet Magnolia before someone else does.
Full Property Details
Full Property Details for 120 Magnolia St
General
- Price: $585,000
- Taxes: $3,279 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100576078
- Updated: 5/22/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Walk-in Closet(s), High Ceilings, Mud Room, Kitchen Island, Pantry, Walk-In Closet(s)
- Appliances: Gas Oven, Washer, Refrigerator, Dryer, Dishwasher
- Furnishings: Negotiable
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Non Primary Living Area
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Patio, Porch
Parking
- Parking Features: Gravel, Aggregate, Off Street
Location
- County: New Hanover
- Subdivision: Castle Dock
- Driving Directions: From I-40 (coming from the west or airport) Take I-40 East to the College Road exit, head south briefly to Oleander Drive, then follow Oleander east toward downtown. Turn left on South 17th Street, continue north, then turn right on Wrightsville Avenue, which feeds into the downtown grid. Once you hit South 3rd Street, turn left, then right on Magnolia Street. 120 is on your right.
School Information
- High School District: New Hanover
- Elementary School: Snipes
- Middle School: Williston
- High School: New Hanover
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Fiber Cement, Wood Frame
- Basement Desc.: None
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Square Feet: 1,823
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Dimensions: 62 x 58
- Frontage: City Street, State Road, Paved, Paved
- Lot Features: Interior Lot
- Zoning: R-3
- Fencing (Description): Back Yard, Wood
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $320.9
- Assessment Amount: $557,300
- Tax Amount: $3,279.71
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Pt Lots 4-5 Blk 147 Wilm
- Property ID: R05406-001-003-000
- Lot Number: 4/5
Listed by Carolina One Properties Inc., Danielle Gillespie and Carolina One Properties Inc., Gillespie Group
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Schools
Schools serving 120 Magnolia St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.3 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.4 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 120 Magnolia St
Date
Details
Price
Change
Source
5/22/2026
Listed
$585,000
8.33%
MLS
6/20/2022
Sold
$540,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,280
100%
$557,300
142%
2024
-100%
$229,900
—
2023
$971
332%
$229,900
774%
2021
$225
—
$26,300
—
2022
$224
—
$26,300
-8%
2021
$225
-25%
$28,500
—
2019
$300
—
$28,500
—
2017
$300
1%
$28,500
7%
2016
$296
5%
$26,700
—
2015
$283
4%
$26,700
—
2014
$271
1%
$26,700
—
2013
$268
—
$26,700
—
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 120 Magnolia St
120 Magnolia Street, Wilmington, NC 28401 (MLS# 100576078) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 120 Magnolia Street is currently listed for $585,000 and was received on May 22, 2026. Want to learn more about 120 Magnolia Street? 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.
