Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$325,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,365 Sq. Ft.
  • 0.32 Acres
  • 1 Car Garage
  • Updated 2 days ago
See This Home
Save This Home
See This Home
Save This Home
Charming brick ranch on a rare third-acre corner lot, minutes from downtown! Inside, 3 bedrooms and 1 full bath live together on one easy level--no stairs, no wasted square footage, just a layout that works. The primary bedroom, two more bedrooms, living room, dining room, and kitchen all share the same floor, so daily life stays simple. Out back is where this one sets itself apart: a peaceful water feature for quiet mornings, muscadine grape vines growing along the fence line, and a patio with plenty of space to relax or entertain. The oversized corner lot offers room to garden, play, expand, or simply make it your own. An attached one-car garage adds everyday convenience and valuable storage, while no HOA gives you the freedom to personalize the property as you choose. Just minutes from downtown Wilmington, with quick access to ILM, Wrightsville Beach, the Riverwalk, Kennedy Park, and Maides Park. Rare third-acre corner lots like this don't come around often--come see it before someone else does.

Full Property Details for 518 Thomas Ave

General

  • Price: $325,000
  • Taxes: $2,507 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 2253
  • MLS ID: 100589818
  • Updated: 7/20/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Blinds/Shades
  • Appliances: Gas Cooktop, Refrigerator, Dishwasher
  • Flooring: Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

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

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Porch/Patio/Deck: Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: On Site

Location

  • County: New Hanover
  • Subdivision: Princess Place
  • Driving Directions: From Market Street, turn onto Princess Place Drive. Turn right onto Kenwood Avenue, then left onto Belvedere Drive. Turn right onto Thomas Avenue. The property will be on the right.

School Information

  • High School District: New Hanover
  • Elementary School: Freeman
  • Middle School: Holly Shelter
  • High School: New Hanover

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Municipal Sewer, City/Town
  • Water: Public
  • Utility Description: Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Structure Type: Wood Frame, Stick Built
  • Construction: Stucco, Wood Frame
  • Basement Desc.: None
  • Roof: Shingle
  • Entry Floor Number: 1
  • Square Feet: 1,365
  • Year Built: 1951

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,896
  • Lot Dimensions: 89 x 99 x 47 x 73 x 122
  • Frontage: Paved, Paved
  • Lot Features: Corner Lot
  • Zoning: R-10
  • Fencing (Description): Chain Link, Back Yard, Vinyl

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $238.1
  • Assessment Amount: $426,100
  • Tax Amount: $2,507.6
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: Lot 9 Blk 23 Princess Place
  • Property ID: R04811-003-003-000

Listed by RE/MAX Essential, Morgan Beatty Group and RE/MAX Essential, Shana R Morgan

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 518 Thomas Ave —

  • Morgan Beatty Group

    RE/MAX Essential

  • Shana R Morgan

    RE/MAX Essential

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 518 Thomas Ave

School District:New Hanover County Schools
NameGradesDistance
Rachel Freeman Elementary
2601 Princess Place Drive, Wilmington, NC 28405
K-50.3 mi
Holly Shelter Middle School
3921 Roger Haynes Drive, Castle Hayne, NC 28429
6-87.3 mi
New Hanover High
1307 Market Street, Wilmington, NC 28401
9-121 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 518 Thomas Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Listed
$325,000
144.36%
MLS
12/09/2013
Sold
$133,000
—
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 518 Thomas Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,508
44%
$426,100
113%
2024
$1,737
3%
$199,700
—
2023
$1,687
-1%
$199,700
—
2021
$1,709
1%
$199,700
—
2022
$1,697
-1%
$199,700
22%
2021
$1,709
-1%
$163,300
—
2018
$1,720
—
$163,300
—
2017
$1,720
9%
$163,300
14%
2016
$1,582
-8%
$142,800
-13%
2019
$1,720
14%
$163,300
14%
2015
$1,512
5%
$142,800
—
2013
$1,434
—
$142,800
—
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 518 Thomas Ave

$
Down Payment
%
$
%

$
$

*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 RE/MAX Essential, Morgan Beatty Group and RE/MAX Essential, Shana R Morgan

Similar Properties near 518 Thomas Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

517 S 7th St, Wilmington, NC 28401 - Photo 1 Just Listed
$325,000

517 S 7th St  Wilmington, NC 28401

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 1
    Total Bath
Listed by Jan C Brewington
312 Sycamore St, Wilmington, NC 28405 - Photo 1 Just Listed
$324,900

312 Sycamore St  Wilmington, NC 28405

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
Listed by Julio A Fuentes
5126 Lord Byron Rd, Wilmington, NC 28405 - Photo 1
$325,000

5126 Lord Byron Rd  Wilmington, NC 28405

  • Single Family
  • Active
  • Updated 9 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Laura L Betz
6809 Bridle Ct, Wilmington, NC 28411 - Photo 1 Just Listed
$325,000

6809 Bridle Ct  Wilmington, NC 28411

  • Single Family
  • Active
  • Updated 18 hours ago
  • 3
    Beds
  • 2
    Total Baths
Listed by L. Craig C Yarboro

Just Listed near 518 Thomas Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

101 S Lumina Ave, Wrightsville Beach, NC 28480 - Photo 1 Just Listed
$2,495,000

101 S Lumina Ave  #Unit 9  Wrightsville Beach, NC 28480

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 3
    Total Baths
Listed by Ross Tomaselli
12 Heron St, Wrightsville Beach, NC 28480 - Photo 1 Just Listed
$2,495,000

12 Heron St  #Unit 1  Wrightsville Beach, NC 28480

  • Condo
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Frederick E Barton and Stephen Schlachter
12 Heron St, Wrightsville Beach, NC 28480 - Photo 1 Just Listed
$2,495,000

12 Heron St  #Unit 2  Wrightsville Beach, NC 28480

  • Condo
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Frederick E Barton and Stephen Schlachter
322 Causeway Dr, Wrightsville Beach, NC 28480 - Photo 1 Just Listed
$875,000

322 Causeway Dr  #Ste 407  Wrightsville Beach, NC 28480

  • Condo
  • Active
  • Updated 4 days ago
  • 1
    Bed
  • 1
    Total Bath
Listed by The Rising Tide Team and Lin Spears

Price Reduced near 518 Thomas Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10 E Henderson Street E, Wrightsville Beach, NC 28480 - Photo 1 Price Reduced
-$235,000 (-10.76%)
$1,950,000

10 E Henderson Street E  Wrightsville Beach, NC 28480

  • Duplex
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Gwen J Hawley
760 S Lumina Ave, Wrightsville Beach, NC 28480 - Photo 1 Price Reduced
-$100,000 (-2.13%)
$4,600,000

760 S Lumina Ave  Wrightsville Beach, NC 28480

  • Single Family
  • Active
  • Updated 18 hours ago
  • 8
    Beds
  • 10
    Total Baths
Listed by Baxter Cheek
8640 Blue Haw Wy, Leland, NC 28451 - Photo 1 Price Reduced
-$10,000 (-2.38%)
$409,999

8640 Blue Haw Wy  #Lot 144  Leland, NC 28451

  • Single Family
  • Active
  • Updated 17 hours ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Team D.R. Horton
2024 Blue Spruce Dr, Leland, NC 28479 - Photo 1 Price Reduced
-$10,000 (-2.25%)
$434,900

2024 Blue Spruce Dr  Leland, NC 28479

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
Listed by Jonna Baker

Recent Sales near 518 Thomas Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2307 Princess Pl Dr, Wilmington, NC 28405 - Photo 1 Sold
$325,000

2307 Princess Pl Dr  Wilmington, NC 28405

  • Single Family
  • Closed
  • Updated 14 hours ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Ed T Coulbourn
Sold by Austin Kenyon
2105 Brandon Rd, Wilmington, NC 28405 - Photo 1 Sold
$370,000

2105 Brandon Rd  Wilmington, NC 28405

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
Listed by Beatty Pittman Real Estate Team LLC
Sold by Alice Melott
2119 Metts Ave, Wilmington, NC 28403 - Photo 1 Sold
$360,750

2119 Metts Ave  Wilmington, NC 28403

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
Listed and Sold by Stacia J Welborn
2220 Gibson Ave, Wilmington, NC 28403 - Photo 1 Sold
$360,000

2220 Gibson Ave  Wilmington, NC 28403

  • Single Family
  • Closed
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Donna Waller
Sold by The Domenico Grillo Real Estate Team and Yanni B Ponos

518 Thomas Avenue, Wilmington, NC 28405 (MLS# 100589818) is a Single Family property with 3 bedrooms and 1 full bathroom. 518 Thomas Avenue is currently listed for $325,000 and was received on July 20, 2026. Want to learn more about 518 Thomas 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.

Tour this property