Date
Details
Price
Change
Source
12/22/2025
Sold
$890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$890,000
Property Description
An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district. There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and much more.
Full Property Details
Full Property Details for 708 Market St
General
- Sold For: $890,000
- Taxes: $4,490 (2024)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100472145
- Added to Site: 205 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: High Ceilings, Basement
- Appliances: See Remarks
- Furnishings: Unfurnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Covered, Porch
Parking
- Parking Features: Additional Parking, Off Street
Location
- County: New Hanover
- Subdivision: Historic District
- Driving Directions: From downtown take Market Street East. The property is in the 700 block of Market Street.
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: Natural Gas, None
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.: Dirt Floor
- Roof: Metal
- Stories/Levels: 3
- Square Feet: 5,467
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,252
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Paved, Paved
- Zoning: HD
- Fencing (Description): Metal/Ornamental, Partial
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $162.79
- Assessment Amount: $516,100
- Tax Amount: $4,490.07
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Pt Lts 1/2/3 Blk 158 Wilm
- Property ID: R04817-039-004-000
Listed by Intracoastal Realty Corp, Jeffrey G Hovis
Sold by Coldwell Banker Sea Coast Advantage, Leo B Andrades
Listing agent
— 708 Market St —
Jeffrey G Hovis
Intracoastal Realty Corp
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 708 Market 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 | 0.4 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.5 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 708 Market St
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708 Market Street, Wilmington, NC 28401 (MLS# 100472145) is a Single Family property that was sold at $890,000 on December 22, 2025. Want to learn more about 708 Market 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.