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$450,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,806 Sq. Ft.
  • 0.03 Acres
  • 1 Car Garage
  • Updated 5 hours ago
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Welcome to the Lofton plan in the Downtown Wilmington Collective by builder Robuck Homes, a thoughtfully designed new construction townhome offering modern style and low-maintenance living in a vibrant urban setting. This MIDDLE unit multi-level home features an open-concept layout with 9' ceilings and abundant natural light, creating a bright and inviting atmosphere throughout. The kitchen is beautifully appointed with stainless steel appliances, quartz countertops, soft-close cabinetry, and a spacious island--perfect for everyday living and entertaining. The first floor includes an oversized one-car garage with additional storage, along with a private guest bedroom and full bath. Upstairs, the second floor serves as the heart of the home, featuring a seamless open-concept kitchen and living area designed for comfort and connection. The third floor offers a private retreat with the primary suite, complete with a walk-in closet, along with an additional bedroom and full bath. Located in the heart of downtown Wilmington, this home offers a walkable lifestyle near the Soda Pop District and Brooklyn Arts District, with dining, shopping, and entertainment just moments away. Built by Robuck Homes, a trusted North Carolina builder since 1926, this is a rare opportunity to own new construction in one of downtown Wilmington's fastest growing locations.

Full Property Details for 516 McRae St #102

General

  • Price: $450,000
  • HOA FEE: $485/month
  • HOA FEE FREQ.: Annually
  • Taxes: (2026)
  • Status: Active
  • Type: Townhouse
  • Source: 2253
  • MLS ID: 100588872
  • Updated: Today (7/14/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 7
  • Interior Features: High Ceilings, Kitchen Island, Ceiling Fan(s), Blinds/Shades
  • Appliances: Tankless Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Non Primary Living Area

Additional Information

  • Shared Amenities: Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Master Insure, Pest Control

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Covered, Porch, Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage Faces Rear, Additional Parking, Garage Door Opener, Garage

Location

  • County: New Hanover
  • Subdivision: Rankin Place North
  • Driving Directions: From Market Street heading toward downtown Wilmington, continue south on Market St. Turn left onto N 3rd Street, then right onto McRae Street. The Downtown Wilmington Collective will be ahead on your right.

School Information

  • High School District: New Hanover
  • Elementary School: Snipes
  • Middle School: Williston
  • High School: New Hanover

Community

  • Association: Yes
  • Assoc. Name: TBD

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Zoned, Ceiling Fan(s)
  • Heating Type: Electric, Heat Pump

Utilities

  • Utility Description: Natural Gas Connected

Structural Information

  • Structure Type: Townhouse, Wood Frame, Stick Built
  • Construction: Fiber Cement, Wood Frame
  • Basement Desc.: None
  • Roof: Architectural Shingle
  • Entry Floor Number: 1
  • Square Feet: 1,806
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,350
  • Lot Dimensions: 18/75/18/75
  • Frontage: Paved, Paved
  • Zoning: R-3
  • Fencing (Description): Metal/Ornamental, Wood

Green Features

  • Building Certification: HERS Index Score
  • Energy Efficient: Lighting, Thermostat, LED Lighting

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $249.17
  • Association Fee: $5,820
  • Assoc Fee Freq.: Annually
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: R04813-023-037-000
  • Property ID: R04813-023-037-000
  • Lot Number: 5

Listed by Fonville Morisey & Barefoot, Angel Stang

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Listing agent

— 516 McRae St #102 —

  • Angel Stang

    Fonville Morisey & Barefoot

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 516 McRae St #102

School District:New Hanover County Schools
NameGradesDistance
Annie H Snipes Elementary
2150 Chestnut Street, Wilmington, NC 28405
K-51.1 mi
Williston Middle
401 South 10th Street, Wilmington, NC 28401
6-80.8 mi
New Hanover High
1307 Market Street, Wilmington, NC 28401
9-120.5 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 516 McRae St #102 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Listed
$450,000
-15.09%
MLS
12/09/2024
Sold
$530,000
—
Public Record
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 516 McRae St #102

Year
Property Taxes
Change
Tax Assessment
Change
2025
$611
54%
$103,800
128%
2024
$396
-1%
$45,500
-3%
2023
$398
-1%
$47,100
—
2021
$403
1%
$47,100
—
2022
$400
-1%
$47,100
11%
2021
$403
-10%
$42,300
—
2019
$446
—
$42,300
—
2017
$446
—
$42,300
—
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 for 516 McRae St #102

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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 Fonville Morisey & Barefoot, Angel Stang

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516 McRae Street #102, Wilmington, NC 28401 (MLS# 100588872) is a Townhouse property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 516 McRae Street #102 is currently listed for $450,000 and was received on July 14, 2026. Want to learn more about 516 McRae Street #102? Do you have questions about finding other Townhouse 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.

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