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$475,000 -$24,000 (-4.81%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,053 Sq. Ft.
  • 0.44 Acres
  • Updated 7 hours ago
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*SELLER IS OFFERING $10K CREDIT* INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050 Wrightsville Avenue offers a unique opportunity, with O&I zoning for home or business, featuring a renovated 3-bedroom, 1-bath main residence PLUS a separate detached ADU that is already tenant-occupied and producing $900 per month in rental income. The main residence has undergone substantial renovations, including new LVP flooring throughout, fresh interior paint, new HVAC, new appliances, new countertops, and a renovated bathroom. Both the main residence and detached ADU received new roofs in 2022. The detached ADU is a major feature of this property, providing existing rental income from day one. The ADU has its own water and sewer connections and is currently leased at $900 per month, creating an attractive opportunity for an investor or an owner-occupant looking to offset housing expenses with rental income. Situated on approximately 0.44 acres with O&I zoning, the property also offers a large yard and ample off-street parking. Documentation regarding the ADU's legal nonconforming residential status is available. Whether purchased as an investment property or as a primary residence with supplemental rental income, or as a place for your business, the separate income-producing ADU provides flexibility that is difficult to find in this Wilmington location. Convenient access to UNCW, Wrightsville Beach, shopping, restaurants, and downtown Wilmington. MAIN HOUSE + DETACHED ADU + EXISTING $900/MONTH ADU RENTAL INCOME.

Full Property Details for 5050 Wrightsville Ave

General

  • Price: $475,000
  • Taxes: $3,291 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 2253
  • MLS ID: 100603899
  • Updated: 9/21/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Number of Rooms: 5
  • Interior Features: None
  • Appliances: Built-In Microwave, Refrigerator, Dishwasher, Electric Range
  • Flooring: LVT/LVP

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Primary Living Area

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: Off Street

Location

  • County: New Hanover
  • Subdivision: Not In Subdivision
  • Driving Directions: From Military Cutoff Rd, turn right onto Wrightsville Ave. Property will be on the left, just before Recon Surf building.

School Information

  • High School District: New Hanover
  • Elementary School: College Park
  • Middle School: Williston
  • High School: Hoggard

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Wall/Window Unit(s), Heat Pump
  • Heating Type: Heat Pump, Electric

Utilities

  • Sewer: Municipal Sewer, Cape Fear Public Utility Authority
  • Water: Public
  • Utility Description: Sewer Available, Water Available, Water Connected

Structural Information

  • Structure Type: Wood Frame, Stick Built
  • Construction: Block, Brick, Wood Frame
  • Roof: Architectural Shingle
  • Entry Floor Number: 1
  • Square Feet: 1,053
  • Year Built: 1960
  • Property Condition: UpdatedRemodeled

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Lot Size (Acres): 0.44
  • Lot Size (Sq. Ft.): 19,166
  • Lot Dimensions: 19166
  • Frontage: City Street, State Road
  • Zoning: O&I
  • Fencing (Description): Back Yard, Wood

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $329.63
  • Assessment Amount: $559,300
  • Tax Amount: $3,291.48
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: TR 1 MELBA NEVILLE DIV BLK F WINTER PARK HGTS
  • Property ID: R05520-009-011-000

Listed by Cadence Realty Corporation, Timothy M Hearne

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Listing agent

— 5050 Wrightsville Ave —

  • Timothy M Hearne

    Cadence Realty Corporation

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5050 Wrightsville Ave

School District:New Hanover County Schools
NameGradesDistance
Winter Park Model Elementary
204 MacMillan Avenue, Wilmington, NC 28403
K-50.7 mi
Roland-Grise Middle School
4412 Lake Avenue, Wilmington, NC 28403
6-81.3 mi
John T Hoggard High
4305 Shipyard Boulevard, Wilmington, NC 28403
9-121.6 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 5050 Wrightsville Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Price Reduced
$475,000
-4.81%
MLS
9/18/2026
Listed
$499,000
—
MLS
Get Price Alerts and Save Property
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 for 5050 Wrightsville Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,291
108%
$559,300
207%
2024
$1,584
3%
$182,100
—
2023
$1,539
-1%
$182,100
—
2021
$1,558
1%
$182,100
—
2022
$1,548
-1%
$182,100
29%
2021
$1,558
5%
$141,100
—
2018
$1,486
—
$141,100
—
2019
$1,486
—
$141,100
—
2017
$1,486
-9%
$141,100
-4%
2016
$1,635
5%
$147,600
—
2015
$1,563
5%
$147,600
—
2013
$1,482
—
$147,600
—
View All
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 for 5050 Wrightsville Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Cadence Realty Corporation, Timothy M Hearne

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5050 Wrightsville Avenue, Wilmington, NC 28403 (MLS# 100603899) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5050 Wrightsville Avenue is currently listed for $475,000 and was received on September 18, 2026. Want to learn more about 5050 Wrightsville Avenue? 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.

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