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$849,900 Sale Pending
Property Description
Welcome to ILM Retreat -- a rare luxury investment opportunity in the heart of Wilmington offering exceptional income potential and resort-style living. This fully furnished private retreat features a beautifully updated 3 bedroom, 2 bathroom main residence paired with a detached 2 bedroom, 1 bathroom ADU that lives like its own private home, creating the ideal setup for short-term rental income, multi-generational living, or an owner-occupied investment property. Currently operating as a successful short-term rental with impressive annual income, this property is truly turnkey inside and out. Designed for both relaxation and entertaining, the backyard feels like a private resort complete with a heated saltwater pool, hot tub, covered outdoor living area, fire pits, and a fully fenced yard offering total privacy. Guests and owners alike will appreciate the private gym with equipment, dedicated workspace with standing desk, high-speed WiFi, smart TVs, and multiple indoor and outdoor gathering spaces. The property also includes two full kitchens, laundry in both the main home and apartment, private driveway parking, and convenient self check-in with keyless entry. Inside, extensive renovations and updates shine throughout, including newer HVAC systems, newer roof, modern finishes, and thoughtfully designed living spaces that blend comfort with style. The flexible floorplan offers five total bedrooms with a spacious king suite in the main home, additional queen bedrooms, and private accommodations in the detached apartment. Centrally located in midtown Wilmington, this property provides easy access to beaches, shopping, dining, downtown Wilmington, and University of North Carolina Wilmington. Whether you're searching for a luxury primary residence, vacation home, or high-performing investment property, ILM Retreat delivers an unmatched combination of location, lifestyle, and revenue potential.
Full Property Details
Full Property Details for 621 Decatur Dr
General
- Price: $849,900
- Taxes: $3,897 (2025)
- Status: Pending
- Type: Single Family
- Source: 2253
- MLS ID: 100574007
- Updated: 5/15/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Master Downstairs, Entrance Foyer, Mud Room, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Furnished, Pantry, Walk-in Shower, Blinds/Shades, Built-in Features, Smart Thermostat, See Remarks
- Appliances: Gas Oven, Gas Cooktop, Built-In Microwave, See Remarks, Washer, Refrigerator, Dryer, Disposal, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: None
Additional Information
- Shared Amenities: None
- Pool: Yes
- Pool Description: In Ground, See Remarks
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Patio, Front Porch, Rear Porch
Parking
- Parking Features: Off Street, Paved
Location
- County: New Hanover
- Subdivision: Devon Park
- Driving Directions: From South College Road; West on Wilshire Blvd (towards Downtown/away from Beach). Right on Bonham Avenue. Left on Hoggard Street. Left on Winston Blvd. Right on Decatur. House is 3rd property on the Right.
School Information
- High School District: New Hanover
- Elementary School: Forest Hills
- Middle School: Williston
- High School: New Hanover
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Attic Fan
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Cape Fear Public Utility Authority
- Utility Description: Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick Veneer, Wood Frame
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 2,744
- Year Built: 1959
Additional Structures
- Other Structures: Storage, Workshop
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,430
- Lot Dimensions: 108 x 229 x 102 x 181
- Frontage: Maintained, City Street, State Road
- Zoning: R-15
- Fencing (Description): Back Yard, Wood
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $309.73
- Assessment Amount: $662,300
- Tax Amount: $3,897.64
- Tax Year: 2025
- Terms: Commercial, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 20 Blk L Devon Pk
- Property ID: R05510-006-007-000
Listed by Keller Williams Innovate-Wilmington, The Domenico Grillo Real Estate Team
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Schools
Schools serving 621 Decatur Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary 602 Colonial Drive, Wilmington, NC 28403 | K-5 | 1.3 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 2.4 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 2.4 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 621 Decatur Dr
Date
Details
Price
Change
Source
5/15/2026
Listed
$849,900
21.41%
MLS
9/19/2024
Sold
$700,000
—
Public Record
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
Tax History for 621 Decatur Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,898
100%
$662,300
32%
2024
-100%
$503,100
11%
2023
$3,821
80%
$452,200
82%
2021
$2,121
1%
$247,800
—
2022
$2,106
-1%
$247,800
42%
2021
$2,121
16%
$174,200
—
2017
$1,835
—
$174,200
—
2019
$1,835
-2%
$174,200
3%
2016
$1,875
5%
$169,200
—
2015
$1,792
5%
$169,200
—
2013
$1,699
—
$169,200
—
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
Estimate the Cost for 621 Decatur Dr
621 Decatur Drive, Wilmington, NC 28403 (MLS# 100574007) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 621 Decatur Drive is currently listed for $849,900 and was received on May 15, 2026. Want to learn more about 621 Decatur Drive? 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.
