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$1,350,000
Property Description
Positioned along the scenic Cape Fear River in Wilmington, this waterfront property offers a rare opportunity to secure expansive water views on almost an acre, a fully equipped semi private dock with boat and jet ski lifts, and the ability to elevate value--all within the sought-after gated community of Shipwatch. With 4 bedrooms and 3 full bathrooms, the home has been thoughtfully improved to maximize both functionality and flexibility. Recent updates include new kitchen countertops, full interior paint, new hardware and fixtures, new elevated storage room below, and new bedroom flooring, along with reconfigured living spaces--converting a former library into a fourth bedroom and transforming the laundry area into additional sleeping quarters--creating ample room for guests, extended family, or multi-generational living. Designed for those who prioritize lifestyle, the outdoor experience is where this property truly stands out. A new private walkway from the back deck leads directly to the dock, complete with a 10,000 lb boat lift and a finger pier with 5,000 lb jet ski lift, offering immediate, turnkey access to life on the water--an increasingly rare and valuable feature to be just a few minutes to Snows Cut Bridge and the intracoastal. Inside, the home offers generous living and entertaining spaces, with a layout ideal for gathering, relaxing, and taking full advantage of the surrounding natural beauty. While some cosmetic opportunities remain, this presents a compelling advantage for buyers looking to personalize the home and capture additional value--without taking on a full-scale renovation. This is more than just a home--it's a chance to create a custom waterfront retreat in a setting where the views, homesite, and boating infrastructure are already in place. Opportunities like this are becoming increasingly difficult to find at this price point.
Full Property Details
Full Property Details for 8720 Shipwatch Dr
General
- Price: $1,350,000
- HOA FEE: $128/month
- HOA FEE FREQ.: Annually
- Taxes: $4,246 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100571000
- Updated: 5/13/2026
- Added to Site: 11 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Master Downstairs, Walk-in Closet(s), High Ceilings, Entrance Foyer, Kitchen Island, Elevator, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Built-in Features, Walk-In Closet(s)
- Appliances: Electric Oven, Electric Cooktop, Built-In Microwave, Water Softener, Washer, Refrigerator, Dryer, Disposal, Dishwasher
- Furnishings: Unfurnished
- Flooring: LVT/LVP, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Additional Information
- Shared Amenities: Waterfront Community, Boat Slip - Assigned, Gated, Maintenance Common Areas, Maintenance Roads, Street Lights
- Security/Safety: Fire Sprinkler System, Security Lights
Exterior
- Exterior Features: Shutters - Functional, Shutters - Board/Hurricane, Outdoor Shower, Irrigation System, Storm Doors
- Porch/Patio/Deck: Open, Covered, Deck, Porch, Screened, Wrap Around, Rear
Parking
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Faces Front, Concrete, Garage Door Opener, Off Street, Paved, Garage
Location
- County: New Hanover
- Subdivision: Shipwatch
- Driving Directions: South on Carolina Beach Road. Right on Saunders Road. Left on River Road. Right on Starboard. Go to Gate. Use code. Right on Shipwatch. House is third house on the left.
School Information
- High School District: New Hanover
- Elementary School: Carolina Beach
- Middle School: Murray
- High School: Ashley
Community
- Association: Yes
- Assoc. Name: Shipwatch HOA
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Wood, Heat Pump, Fireplace(s), Electric, Forced Air
Utilities
- Sewer: Community Sewer, Aqua Sewer
- Water: Community Water, Well
- Utility Description: Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Stone, Stucco, Wood Frame
- Basement Desc.: None
- Roof: Architectural Shingle
- Windows: Skylight(s), Storm Window(s)
- Doors: Storm Door(s)
- Entry Floor Number: 1
- Square Feet: 3,547
- Year Built: 1991
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,240
- Lot Dimensions: 85 x 404 x 407 x 91
- Frontage: Private Road, Maintained, Paved, Paved
- Lot Features: Corner Lot, Boat Slip, Boat Dock, Boat Lift, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Pier, Water Access Comm, Secluded
- Zoning: R-15
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Desc.: Pier, Boat Lift, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Water Access Comm
Green Features
- Building Certification: None
- Energy Efficient: Lighting, LED Lighting
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $380.6
- Association Fee: $1,540
- Assoc Fee Freq.: Annually
- Assessment Amount: $1,121,800
- Tax Amount: $4,246.02
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: All of lot 26, The Cape, Shipwatch Village, Section 11
- Property ID: R08415-001-001-000
- Lot Number: 26
Listed by Keller Williams Innovate-Wilmington, The Summers Real Estate Team and Keller Williams Innovate-Wilmington, Erin R Hogston
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Schools
Schools serving 8720 Shipwatch Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Carolina Beach Elementary 400 South 4th Street, Carolina Beach, NC 28428 | K-5 | 2.5 mi |
Charles P Murray Middle 655 Halyburton Memorial Parkway, Wilmington, NC 28412 | 6-8 | 2.6 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 2.6 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 8720 Shipwatch Dr
Date
Details
Price
Change
Source
5/05/2026
Listed
$1,350,000
56.52%
MLS
10/14/2022
Sold
$862,500
—
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 8720 Shipwatch Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,320
-3%
$1,121,800
34%
2024
$4,459
—
$839,300
—
2023
$4,453
-3%
$839,300
—
2021
$4,607
2%
$839,300
—
2022
$4,495
-2%
$839,300
66%
2021
$4,607
44%
$505,300
—
2019
$3,196
—
$505,300
—
2018
$3,196
-2%
$505,300
—
2017
$3,272
-11%
$505,300
-5%
2016
$3,689
8%
$532,300
—
2015
$3,428
2%
$532,300
—
2013
$3,369
—
$532,300
—
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 8720 Shipwatch Dr
8720 Shipwatch Drive, Wilmington, NC 28412 (MLS# 100571000) is a Single Family property with 4 bedrooms and 3 full bathrooms. 8720 Shipwatch Drive is currently listed for $1,350,000 and was received on May 05, 2026. Want to learn more about 8720 Shipwatch 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.
