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$525,000
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Property Description
Unique investment and owner-user opportunity in one of Wilmington's most visible and desirable corridors. Located on highly traveled Oleander Drive and zoned Residential Office (RO), 4924 Oleander Drive offers exceptional flexibility for residential, professional office, rental income, or mixed-use applications (subject to applicable city regulations and approvals). The property features a charming 2-bedroom, 1-bath main house that is currently vacant, providing immediate occupancy for an owner-user, tenant placement, or office conversion. Complementing the main residence is a detached 2-car garage with a 2-bedroom, 1-bath accessory dwelling unit (ADU), currently tenant occupied. The ADU will require some finish work and repairs, presenting an opportunity for value-add improvements. The Residential Office zoning opens the door to a variety of potential uses, including residential occupancy, professional office space, live-work arrangements, rental investment, or other permitted uses. Buyers should verify intended use with the City of Wilmington. Positioned in a high-visibility location with excellent access and exposure, the property is just minutes from the University of North Carolina Wilmington (UNCW), Independence Mall, Hanover Center, Novant Health facilities, restaurants, retail centers, and numerous professional businesses. Its central Wilmington location provides convenient access to Downtown Wilmington, Wrightsville Beach, and major transportation corridors. Whether you're seeking an income-producing investment, a live-work property, professional office location, or redevelopment opportunity, 4924 Oleander Drive offers versatility, visibility, and long-term potential in one of Wilmington's most established commercial and residential districts. Property is being sold AS-IS.
Full Property Details
Full Property Details for 4924 Oleander Dr
General
- Price: $525,000
- Taxes: $3,117 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100582541
- Updated: 8/6/2026
- Added to Site: 56 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Pantry, Blinds/Shades, Wood Burning Stove
- Fireplace: Yes
- Fireplace(s): Wood Burning Stove
- Appliances: See Remarks, Washer, Refrigerator, Dryer, Electric Range
- Furnishings: Unfurnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup, Laundry Closet
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Deck, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Gravel, Garage
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: Headed South on College Road, turn left onto Oleander Dr. Pass Pine Grove Dr. House will be on the right side of Oleander a couple blocks past Pine Grove Dr.
School Information
- High School District: New Hanover
- Elementary School: Winter Park
- Middle School: Roland Grise
- High School: Hoggard
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other, Heat Pump
- Heating Type: Other, Heat Pump, Electric
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Vinyl Siding, Wood Frame
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Square Feet: 1,032
- Year Built: 1940
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,087
- Lot Dimensions: 80 x 301 x 84 x 277
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Zoning: ROD
- Fencing (Description): Partial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $242.94
- Assessment Amount: $529,700
- Tax Amount: $3,117.29
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 9 Pine Grove (Mb3-79)
- Property ID: R06108-008-009-000
Listed by REAL Broker LLC, Brandon W Cox
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Schools
Schools serving 4924 Oleander Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Winter Park Model Elementary 204 MacMillan Avenue, Wilmington, NC 28403 | K-5 | 0.3 mi |
Roland-Grise Middle School 4412 Lake Avenue, Wilmington, NC 28403 | 6-8 | 0.8 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 1.1 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 4924 Oleander Dr
Date
Details
Price
Change
Source
6/18/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4924 Oleander Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,117
31%
$529,700
94%
2024
$2,379
3%
$273,500
—
2023
$2,311
-1%
$273,500
—
2021
$2,341
1%
$273,500
—
2022
$2,325
-1%
$273,500
27%
2021
$2,341
3%
$215,000
—
2017
$2,265
—
$215,000
—
2019
$2,265
1%
$215,000
6%
2016
$2,241
5%
$202,300
—
2015
$2,142
4%
$202,300
—
2014
$2,051
1%
$202,300
—
2013
$2,031
—
$202,300
—
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 4924 Oleander Dr
4924 Oleander Drive, Wilmington, NC 28403 (MLS# 100582541) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4924 Oleander Drive is currently listed for $525,000 and was received on June 18, 2026. Want to learn more about 4924 Oleander Drive? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

