No photo available
$570,000
Property Description
Investor Alert! Two income producing properties on one lot that has recently been rezoned R-5(CD) and pre-approved to build two more dwellings!! The existing 3 bedroom brick ranch (1344 ft2) is vacant and ready for its new occupant. It has recently been updated with new HVAC (2026), new HWH (2026), and new roof (2024). Other updates in the last 12-13 years include updated electrical system, kitchen cabinetry, appliances, and select flooring. There is also a bonus room that could be used as an additional bedroom or home office. Out back lies a detached 1 bedroom garage apartment (660 ft2) built in 2013 with access from Park Ave and a long term tenant in place that would like to stay. Each dwelling has their own private 1 car garage bay for storage, a rarity in this town. The primary dwelling sits on a crawlspace so there is potential to add another bathroom. Conveniently located in the Wrightsville corridor designated Area of Opportunity by the City of Wilmington this home site is close to UNCW, Cape Fear Hospital, coffee shop, city transit, Wrightsville Beach, and more! The new owner has the option to subdivide and develop two more income producing units, or just keep the property as-is and live in the house and rent out the garage apartment. In the case of the latter, you could still subdivide and possibly sell the new lot (with frontage on Wrightsville Ave) to defray the cost of your purchase. Don't miss this rare opportunity with so much potential! Disclaimer: Concept plans (pictured) were submitted to the city as part of the rezoning package and are being provided for reference only.
Full Property Details
Full Property Details for 5324 Wrightsville Ave
General
- Sold For: $570,000
- Taxes: $2,551 (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100561004
- Added to Site: 56 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Number of Rooms: 7
- Interior Features: Mud Room, Apt/Suite, Ceiling Fan(s)
- Appliances: Built-In Microwave, Refrigerator, Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Laundry Room
Exterior
- Porch/Patio/Deck: Front Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Off Street, On Site
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: From College Rd take Wrightsville Ave east toward WB, property is on the right.
School Information
- High School District: New Hanover
- Elementary School: Winter Park
- Middle School: Roland Grise
- High School: Hoggard
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)2
- Heating Type: Electric, Forced Air, Heat Pump
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Architectural Style: STR
- Structure Type: Wood Frame, Stick Built
- Construction: Brick, Vinyl Siding, Wood Frame
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 1,344
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,553
- Lot Dimensions: rectangular
- Frontage: City Street, State Road, Paved, Paved
- Zoning: R-15
- Fencing (Description): Partial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $298.9
- Assessment Amount: $433,600
- Tax Amount: $2,551.74
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 12 Blk G Piney Acres
- Property ID: R06205-004-008-000
Listed and Sold by Berkshire Hathaway HomeServices Carolina Premier Properties, Jason G Hand
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Schools
Schools serving 5324 Wrightsville Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Winter Park Model Elementary 204 MacMillan Avenue, Wilmington, NC 28403 | K-5 | 1.2 mi |
Roland-Grise Middle School 4412 Lake Avenue, Wilmington, NC 28403 | 6-8 | 1.7 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 2.1 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 5324 Wrightsville Ave
Date
Details
Price
Change
Source
4/27/2026
Sold
$570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5324 Wrightsville Avenue, Wilmington, NC 28403 (MLS# 100561004) is a Single Family property that was sold at $570,000 on April 27, 2026. Want to learn more about 5324 Wrightsville Avenue? 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.
