Wilmington, NC 28401
Wilmington, NC 28401
Wilmington, NC 28401
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Beth Frazer Real Estate & Rentals

Beth Frazer Real Estate & Rentals

+1(252) 249-1001
$1,100,000
Est. payment /mo
6 Beds
5 Baths
5,467 SqFt
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UPDATED:

10/24/2024 08:48 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,467 sqft

Price per Sqft $201

Subdivision Historic District

MLS Listing ID 100472145

Style Wood Frame

Bedrooms 6

Full Baths 5

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1948

Annual Tax Amount $4,490

Lot Size 0.419 Acres

Acres 0.42

Lot Dimensions Irregular

Property Description

An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district.

There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too.

The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity.

The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more!

A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and much more.

Location

State NC

County New Hanover

Community Historic District

Zoning HD

Direction From downtown take Market Street East. The property is in the 700 block of Market Street.

Location Details Mainland

Rooms

Basement Crawl Space, Dirt Floor

Interior

Interior Features 9Ft+ Ceilings

Heating Natural Gas, None

Cooling Central Air

Flooring Tile, Wood

Appliance See Remarks

Laundry Hookup - Dryer, Washer Hookup

Exterior

Exterior Feature None

Parking Features Additional Parking, Off Street

Waterfront Description None

Roof Type Metal

Accessibility None

Porch Covered, Porch

Building

Story 3

Entry Level Three Or More

Foundation Block

Sewer Municipal Sewer

Water Municipal Water

Architectural Style Historic District

Structure Type None

New Construction No

Schools

Elementary Schools Snipes

Middle Schools Williston

High Schools New Hanover

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Read Less Info
Hive MLS / (NCRMLS)
Listed by Intracoastal Realty Corp
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(252) 249-1001

sales@bethfrazer.com

401 Hodges St, Oriental, NC, 28571, United States

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