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$275,000
3 Beds ⋅ 2 Baths ⋅ 100586119 MLS
Opportunity awaits in a highly desirable Wilmington location in the 28409! This ranch home is best suited for a buyer with vision, whether for a full renovation or major restoration. The home is being sold as-is and will require significant work, but the lot, location, and surrounding area offer strong potential for the right buyer, investor, or builder. Bring your contractor, your plans, and your imagination.

18 Pelican Point Rd, Wilmington
$540,000
3 Beds ⋅ 3 Baths ⋅ 100465449 MLS
Deeded Water Access and Income Potential in Wilmington, NC 1949 SQ FT in main part of house and additional 523 SQ FT attic space converted into living space. This newly renovated ranch home offers a unique opportunity for both homeownership and rental income. Situated on a spacious .65-acre lot with deeded water access, this property, built in 1973, provides a blend of modern living and investment potential. With three bedrooms and two baths in the main house and a separate one-bedroom, one-bath apartment with a private entrance, this home is perfect for multi-family living or generating rental income. The main house, ideal for a couple or small family, features an open-concept design with a chef's kitchen complete with high-end KitchenAid appliances, a gas stovetop, and stylish fixtures.The private boat ramp at end of the street provides direct access to the Intracoastal Waterway (ICWW), making this property a dream for boating enthusiasts. The expansive yard and deck are ideal for outdoor activities, adding to the appeal of coastal living. The separate apartment, equipped with its own kitchen and private entrance, is perfect for short-term rentals like Airbnb or long-term tenants, offering flexibility for rental income. A new HVAC system will ensure year-round comfort, enhancing the property's appeal to renters and occupants alike. Located in a desirable school district and offering ample parking, this property is well-positioned for both convenience and long-term value appreciation. Whether you're interested in managing short-term rentals or securing long-term tenants, the combination of modern amenities, deeded water access, and prime location makes this home a strong investment opportunity. Contact us today to learn more about this rare opportunity in Wilmington's competitive real estate market!

41 Pelican Point Rd, Wilmington
$468,000
3 Beds ⋅ 2 Baths ⋅ 100405728 MLS
Look no further. Renovated brick Ranch in highly sought after area of Wilmington with NO HOA dues. Located on a quiet dead-end street in the heart of Wilmington in highly sought after Masonboro, myrtle grove, and Hoggard school district. Located on a large private lot, this home is sure to impress with all its upgrades. The upgrades include New Roof, New Windows with transferrable warranty, new HVAC with 10-year transferable warranty, New Roof, New Kitchen, New Plumbing, New LVP Flooring, New master, shower, new toilets, All new plumbing fixtures, new electrical fixtures inside and out, new ceiling fans, new paint. Open floorplan is great for entertaining. Master bedroom with tiled shower and walk in closet along with 2 other bedrooms and full bath. Upstairs you will find a nicely sized bonus room that could be used as a 4th bedroom. Glassed in Lanai with mini split that is NOT included in the sq footage. Large lot over 1/3 acre with mature Landscaping. This home is truly turnkey and will not last long. This was a quality renovation, and it shows. Just a short drive to all the beaches and close to everything Wilmington has to offer.

38 Pelican Point Rd, Wilmington
$515,000
3 Beds ⋅ 2 Baths ⋅ 100409633 MLS
This RARE DEEDED WATER-ACCESS opportunity could be yours. Don't miss this charming split-level brick home located in a highly desirable area of town off Masonboro Loop and in the Hoggard School District. Down a quiet street leading to private deeded water access & boat ramp, this meticulously maintained 3 bedroom, 2 bathroom was redesigned with the coastal lifestyle in mind. This home features many custom features and updates throughout, including a new kitchen with granite countertops, premium painted cabinetry with soft close drawers, retro-styled GE Artistry appliances, laminate wood flooring, and designer light fixtures. The amazing floor to ceiling windows with plantation shutters bring in all the natural light. Some other features include a painted brick wood-burning fireplace in den, antique barn door in primary bedroom, spacious sunroom includes the laundry room, tile floors, and includes custom surf & paddle board rack and built-in shelving. Many period details were preserved during renovation, including the bathroom tiles, maintaining the vintage character of the home but with updated showers fixtures and vanities. This property is .61 acres and offers all the space for outdoor entertaining, featuring a back deck with lights, pergola & built in seating, a large covered patio anchored by a gas grill, providing year-round cooking and dining options. Enjoy mature landscaping & a back yard garden filled with oaks, azaleas, camellias, crepe myrtles & dog woods, the blooms love to show off. Property also has a 16x16 concrete pad already installed, that would easily accommodate your future storage shed or perfect for an additional outdoor area. Bring your boat, paddleboard or kayak... this home in Pelican Point has water access directly on the ICWW, featuring a private community beach and boat ramp. Just a short drive to Wrightsville Beach or Carolina Beach, and a short boat ride to Masonboro Island..NO HOA

17 Pelican Point Rd, Wilmington

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