Date
Details
Price
Change
Source
2/24/2026
Sold
$595,378
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$595,378
Property Description
Welcome to the historic Samuel Reaves House, a rare opportunity to own a beautifully updated 3-bedroom, 2-bath home in the heart of Downtown Wilmington. Original heart pine floors anchor the living and dining rooms, where a striking double fireplace sets the tone for timeless character and warmth. Behind the charming bungalow facade, the home opens up to a surprisingly spacious layout. A second living area leads through a dramatic cathedral-ceiling hallway, connecting seamlessly to the screened-in porch and private primary suite. The fully remodeled kitchen features new cabinetry and granite countertops, blending modern functionality with historic appeal. The primary suite offers a spa-like retreat with a tiled walk-in shower and an elegant freestanding soaking tub. Both bathrooms have been completely renovated, the interior has been freshly painted, and the HVAC system was replaced in 2023-meaning the heavy lifting is already done. Outside, a brick courtyard creates a secluded oasis with shaded privacy and an in-ground spa-perfect for unwinding after enjoying all that downtown living has to offer. Located on the 500 block of South 2nd Street, this tight-knit stretch of downtown feels like its own neighborhood, where porch waves and friendly hellos are part of daily life. Historic character, thoughtful updates, and true downtown walkability-this one checks all the boxes.
Full Property Details
Full Property Details for 516 S 2nd St
General
- Sold For: $595,378
- Taxes: $3,106 (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100552081
- Added to Site: 104 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Master Downstairs, Walk-in Closet(s), High Ceilings, Ceiling Fan(s), Hot Tub, Pantry, Walk-in Shower, Blinds/Shades, Gas Log, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Gas Log
- Appliances: Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer, Disposal
- Furnishings: Negotiable
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: None
- Pool: Yes
- Pool Description: In Ground, See Remarks
Exterior
- Exterior Features: Gas Log, Storm Doors
- Porch/Patio/Deck: Covered, Enclosed, Patio, Porch, Screened
Parking
- Parking Features: Paved, On Street
Location
- County: New Hanover
- Subdivision: Historic District
- Driving Directions: on 2nd st
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: Gas Pack, Natural Gas
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Architectural Style: Historic District
- Structure Type: Wood Frame
- Construction: Wood Siding
- Basement Desc.: None
- Roof: Architectural Shingle
- Doors: Storm Door(s)
- Square Feet: 1,924
- Year Built: 1912
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Dimensions: 30 x 164 x 27 x 164
- Frontage: City Street, State Road, Paved, Paved
- Zoning: HD-R
- Fencing (Description): Wood
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $324.84
- Assessment Amount: $527,900
- Tax Amount: $3,106.7
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Blk 87 Se 4 Ne 5
- Property ID: R05409-001-018-000
Listed by Coldwell Banker Sea Coast Advantage-Midtown, Paul D Allsup
Sold by Coldwell Banker Sea Coast Advantage-Midtown, Emily J Ervin
Listing agent
— 516 S 2nd St —
Paul D Allsup
Coldwell Banker Sea Coast Advantage-Midtown
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 516 S 2nd St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.7 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.7 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 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 516 S 2nd St
Home Warranty : Included
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516 S 2nd Street, Wilmington, NC 28401 (MLS# 100552081) is a Single Family property that was sold at $595,378 on February 24, 2026. Want to learn more about 516 S 2nd 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.