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$397,000 Coming Soon
Property Description
Investor opportunity in Wilmington with endless potential! Built in 1955, this charming all-brick ranch-style home in Hanover Heights sits on approximately 0.47 acres -- a rare nearly half-acre property ideally located between Downtown Wilmington and Carolina Beach. Featuring 3 bedrooms, 2 renovated bathrooms, and 1,532 heated square feet, this property offers incredible flexibility as a primary residence, long-term rental, short-term rental opportunity, or future income-producing property. The newly renovated primary suite includes an oversized custom walk-in closet plus a flex room perfect for a home office, nursery, or workout space. The fully fenced backyard with double gate access is ready for your vision -- imagine a private outdoor oasis with room for a pool, entertaining area, garden, or potential ADU for additional rental income or guest space. Enjoy evenings around the backyard fire pit patio, plus the convenience of a screened porch, covered carport, and detached approximately 400 sq ft garage with electrical and workbench. Additional highlights include a real wood-burning fireplace, washer/dryer and deep freezer included, and plenty of room for boats, trailers, hobbies, or extra storage. Prime Wilmington location just minutes to beaches, Downtown Wilmington, shopping, dining, and area attractions. Rare properties with this much land, flexibility, and investment potential don't come around often.
Full Property Details
Full Property Details for 805 Adelaide Dr
General
- Price: $397,000
- Taxes: $2,022 (2025)
- Status: Coming Soon
- Type: Single Family
- Source: 2253
- MLS ID: 100574568
- Updated: 5/18/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Walk-in Closet(s), Ceiling Fan(s), Blinds/Shades, Walk-In Closet(s)
- Appliances: Electric Oven, Freezer, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Electric Range
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Exterior
- Porch/Patio/Deck: Open, Deck, Patio, Porch, Screened, See Remarks, Rear Po
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport Spaces: 1
- Parking Features: Covered, Detached, Concrete, Paved, Garage
Location
- County: New Hanover
- Subdivision: Hanover Heights
- Driving Directions: Shipyard Rd. South to just past Arby's, turn left into Hanover Heights on Newkirk Rd. Right on Adelaide to 805.
School Information
- High School District: New Hanover
- Elementary School: Alderman
- Middle School: Williston
- High School: Ashley
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Fireplace(s), Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Cable Available, Sewer Connected, Water Connected, Cable High Speed, High Speed Internet
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 1,532
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,430
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Paved, Paved
- Zoning: R-15
- Fencing (Description): Back Yard
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $259.14
- Assessment Amount: $343,700
- Tax Amount: $2,022.68
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 7 Blk 3 Hanover Heights S/D
- Property ID: R06507-011-016-000
Listed by Nest Realty, Jennifer L Young
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Schools
Schools serving 805 Adelaide Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Edwin A Alderman Elementary 2025 Independence Boulevard, Wilmington, NC 28403 | K-5 | 1.7 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 3.1 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 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 805 Adelaide Dr
Date
Details
Price
Change
Source
5/17/2026
Listed
$397,000
3.12%
MLS
6/06/2025
Sold
$385,000
—
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 805 Adelaide Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,023
19%
$343,700
77%
2024
$1,694
3%
$194,700
—
2023
$1,645
-1%
$194,700
—
2021
$1,666
1%
$194,700
—
2022
$1,655
-1%
$194,700
27%
2021
$1,666
3%
$153,200
—
2019
$1,614
—
$153,200
—
2018
$1,614
—
$153,200
—
2017
$1,614
14%
$153,200
20%
2016
$1,414
5%
$127,600
—
2015
$1,351
5%
$127,600
—
2013
$1,281
—
$127,600
—
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 805 Adelaide Dr
805 Adelaide Drive, Wilmington, NC 28412 (MLS# 100574568) is a Single Family property with 3 bedrooms and 2 full bathrooms. 805 Adelaide Drive is currently listed for $397,000 and was received on May 17, 2026. Want to learn more about 805 Adelaide Drive? 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.
