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41 Pelican Point Road

Wilmington, NC 28409
  • $540,000
  • STATUS: Closed
  • ON SITE: 94 Days
  • MLS #: 100465449
Sold - 12/10/2024
$540,000
SOLD - 12/10/2024
  • 3
    BEDS
  • 0.65
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,949
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1973
County:
Area:

School Ratings & Info

Description

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!

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-14T07:06:23.41.
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41 Pelican Point Road Wilmington, NC 28409

  • Price: $599,900
  • Status: Closed
  • On Site: 94 Days
  • Updated: 19 min ago
  • MLS #: 100465449
3
Beds
3
Baths
0
½ Baths
0.65
Acres
1,949
SQFT
$277
$/SQFT
1973
Built
Neighborhood:
Pelican Point
County:
New Hanover
Area:
Wilmington
Property Description
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!
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Construction Type Stick Built Detached Garage Spaces 0.00 Driveway Spaces 6.00 Exterior Finish Brick Veneer Exterior Structures Shed(s) Fencing Back YardWoodChain Link Foundation Crawl Space Location Type Mainland Lot Description Dead End Lot Dimensions 110x262x110x260 Lot Water Features Deeded Water AccessWater Access Comm Parking Driveway ConcretePaved Pool Spa None Porch Balcony Deck DeckOpenPorch Road Type Frontage MaintainedPaved Roof Shingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

Appliances Equipment Cooktop - GasIce MakerWall OvenStove/Oven - ElectricRefrigerator Attic Access Only Cooling System Heat Pump Dining Room Type Combination Fireplace 1 Flooring LVT/LVPTile Heated Sq Ft Range 1800 - 1999 Heating System Fireplace InsertZonedForced AirFireplace(s) Interior Features 1st Floor MasterGas LogsCeiling Fan(s)Apt/Suite2nd Kitchen Master Bedroom Level Main Master Bedroom Location Primary Living Area Number Rooms 9 Rooms Bedroom 2Master BedroomLiving RoomKitchenDining RoomBreakfast NookBonus RoomBedroom 3 Stories Levels One and One Half Water Heater Gas PropaneTankless

Property Features

City Limits No Cobra Zone No Fuel Tank GasPropane Buried Fuel Tank Ownership Leased Heating System Fuel Source ElectricPropane Gas Hoa YN No New Construction No Property Taxes 1848.61 Residential Sub Type Single Family Residence Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Terms CashFHAConventional Water Sewer Municipal SewerMunicipal Water Zoning R-15



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Kathy Webb of Corcoran HM Properties: (910) 798-4009.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-14T07:06:23.41.
 
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1650 Military Cutoff Road
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