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$585,000
Property Description
Enjoy the charm and character of the historic district with the energy efficiency and comfort of modern construction, all just minutes from downtown Wilmington's Riverwalk, restaurants, and entertainment. Designed with both functionality and comfort in mind, the flexible floor plan features a private first-floor suite complete with bedroom, full bathroom, walk-in closet, and storage space--ideal for guests, multi-generational living, or a private retreat. Upstairs, the main living area is filled with natural light and features an open floor plan connecting the kitchen, dining, and living spaces. The kitchen includes quartz countertops, open wood shelving, upgraded appliances with a five-burner gas cooktop and double ovens, and a large island designed for both everyday living and entertaining. The living room is highlighted by a shiplap accent wall, and solid hardwood floors run throughout the home along with custom bamboo shades and upgraded light fixtures. The primary suite is located on the second level and features a zero-entry tiled shower. Also located on the second floor is an additional bedroom with ensuite bathroom, along with a private office off the living area that is ideal for working from home or a quiet study space. Built by award-winning PBC Design & Build, the home showcases quality craftsmanship throughout with 9-foot ceilings, 8-foot doors, and thoughtful design details. Additional features include a Navien tankless gas hot water system, a fully fenced backyard with 6-foot privacy fence, and an oversized two-car garage--rare this close to downtown--which provides both convenience and valuable storage space. Start your mornings with a walk along the Riverwalk, spend your afternoons exploring downtown, and enjoy the ease of coming home to a space designed for simplicity--this is Wilmington living made easy. Homes in this location with this layout and a two-car garage are hard to find, making this a unique opportunity near downtown Wilmington.
Full Property Details
Full Property Details for 509 Peabody Alley
General
- Sold For: $585,000
- Taxes: $2,152 (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100564836
- Added to Site: 37 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Walk-in Closet(s), High Ceilings, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
- Appliances: Gas Cooktop, Washer, Refrigerator, Dryer, Double Oven, Disposal, Dishwasher, Tankless Water Heater
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Non Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup, Laundry Closet
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Open, Covered, Porch, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Faces Front, Off Street, On Site, Garage6
Location
- County: New Hanover
- Subdivision: Rankin Place North
- Driving Directions: From Downtown, turn right onto Walnut St. Turn left onto N 6th St. Turn left onto Peabody Alley. Home will be on the 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
- Utility Description: Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Fiber Cement, Wood Frame
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Square Feet: 1,658
- Year Built: 2017
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Dimensions: 39 x 56 x 39 x 56
- Frontage: Alley
- Zoning: HD-R
- Fencing (Description): Wood
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $352.83
- Assessment Amount: $365,800
- Tax Amount: $2,152.74
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 509 Peabody Alley
- Property ID: R04813-034-007-000
Listed by Coldwell Banker Sea Coast Advantage, Sherwood Strickland Group
Sold by Nest Realty, Matt R Orr
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Schools
Schools serving 509 Peabody Alley
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.3 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.8 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.7 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 509 Peabody Alley
Date
Details
Price
Change
Source
5/05/2026
Sold
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
509 Peabody Alley, Wilmington, NC 28401 (MLS# 100564836) is a Single Family property that was sold at $585,000 on May 05, 2026. Want to learn more about 509 Peabody Alley? 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.