115 Forest Hills Dr, Wilmington, NC 28403

$490,000
4
BD
3
BA
2,476
SqFt

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Sold Price
$490,000
List Price
$495,000
Status
CLOSED
MLS#
100508665
Closing Date
Mar 02, 2026
Days on Market
55
Year Built
1930
Levels
Two
Bedrooms
4
Bathrooms
3
Half-baths
1
Full-baths
2
Living Area
2,476
Acres
0.69
Neighborhood
Forest Hills

Property Description

Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new. The existing structures offer flexible options — renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft — perfect for rental income, guest quarters, or multigenerational living. Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion. Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area. Endless possibilities await — bring your vision to life in Forest Hills.

Additional Information

Cooling
Heat Pump
Heating
Heat Pump, Electric
Foundation
Raised, Crawl Space
Roof
Shingle
Utilities
Natural Gas Available, Sewer Connected, Water Available
Lot Water Features
Other
Elementary School
Forest Hills
Middle School
Williston
High School
New Hanover

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corporation. Selling Office: Brick & Mojo, LLC.

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