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$385,000
Property Description
Welcome to 705 McRae St, a stylish 2023-built home in the heart of downtown Wilmington! This versatile property is perfect as a primary residence or continued use as an income-producing investment, offering a prime location near the Live Oak Pavilion, Brooklyn Arts District, and all the dining, shopping, and entertainment downtown has to offer. Step inside to find 9-foot ceilings and an inviting open-concept layout featuring granite countertops and luxury vinyl plank flooring throughout. A standout feature of this home is the two-story covered porches-with the top-floor porch serving as a private retreat off the primary suite, perfect for relaxing with a morning coffee or evening breeze. Situated on a growing, up-and-coming block, this home offers the opportunity to be part of a thriving and evolving downtown community. Plus, off-street parking-a rare downtown perk-adds even more convenience. Whether you're looking for a turn-key investment or a stylish home in the heart of Wilmington, this property delivers. Don't miss out-schedule your showing today!
Full Property Details
Full Property Details for 705 McRae St
General
- Sold For: $385,000
- Taxes: $2,063 (2024)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100494235
- Added to Site: 425 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: High Ceilings, Kitchen Island, Pantry
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Non Primary Living Area
Exterior
- Porch/Patio/Deck: Covered, Porch, Balcony
Parking
- Parking Features: On Street, Off Street, On Site, Paved
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: From MLK take the exit to McRae St. Property will be on the right.
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: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame
- Construction: Fiber Cement
- Roof: Architectural Shingle
- Stories/Levels: 2
- Square Feet: 1,658
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,309
- Lot Dimensions: irregular
- Frontage: City Street, State Road, Paved, Paved
- Zoning: R-3
- Fencing (Description): Privacy, Partial, Back Yard
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $233.9
- Assessment Amount: $237,200
- Tax Amount: $2,063.64
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Se 1/4 4 Wilm Block 268
- Property ID: R04813-010-014-000
Listed by Sound and Sea Realty LLC, Tara A Coffer and Sound and Sea Realty LLC, Anna E Sillery
Sold by A Non Member, A Non Member
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Schools
Schools serving 705 McRae St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.2 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.6 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 705 McRae St
Date
Details
Price
Change
Source
12/19/2025
Sold
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
705 McRae Street, Wilmington, NC 28401 (MLS# 100494235) is a Single Family property that was sold at $385,000 on December 19, 2025. Want to learn more about 705 McRae 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.
