Wilmington, NC 28403,335 Lullwater DR
Wilmington, NC 28403,335 Lullwater DR
Wilmington, NC 28403,335 Lullwater DR
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Beth Frazer Real Estate & Rentals

Beth Frazer Real Estate & Rentals

+1(252) 249-1001
$395,999
Est. payment /mo
4 Beds
2 Baths
1,650 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,650 sqft

Price per Sqft $239

Subdivision College Park

MLS Listing ID 100525931

Style Wood Frame

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1954

Annual Tax Amount $2,273

Lot Size 0.578 Acres

Acres 0.58

Lot Dimensions 130x190x131x200

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

Tucked into the vibrant character of Wilmington and brimming with strategic potential, this four-bedroom, two-bathroom residence offers a rare combination of established income and lifestyle adaptability. Generating consistent rental income of $2,700 per month, the property operated as a registered group home with the City of Wilmington, offering a turnkey opportunity for investors or care-focused operators seeking a high-yield model in a flourishing coastal market.

Step inside to a thoughtfully designed floor plan where function meets comfort. The living room, with its large front-facing window, flows seamlessly into a dining area and an efficient, well-lit kitchen equipped with durable countertops, ample cabinetry, and low-maintenance flooring. The primary bedroom is privately situated and filled with natural light, offering a peaceful retreat. Three additional bedrooms—each with sizable closets and neutral finishes—are roomy retreats. Bathrooms feature modern vanities, vinyl flooring, and clean-lined fixtures for ease of upkeep.

The exterior offers equal promise, with a spacious backyard inviting relaxation or extension. Mature trees at the edge of the lot provide a natural screen, while the front lawn is easily maintained with opportunity for custom landscaping. Off-street parking adds convenience for both residents and visitors. Positioned near the University of North Carolina Wilmington, major retailers, dining, public transit, and Wrightsville Beach, this home balances income potential with lifestyle flexibility.

Location

State NC

County New Hanover

Community College Park

Zoning R-10

Direction Easily access 335 Lullwater Drive from Randall Parkway or Market Street.

Location Details Mainland

Rooms

Basement None

Primary Bedroom Level Primary Living Area

Interior

Interior Features Ceiling Fan(s), Walk-in Shower

Heating Heat Pump, Electric, Forced Air

Cooling Central Air

Flooring See Remarks

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Refrigerator, Range

Exterior

Exterior Feature None

Parking Features None, Off Street

Utilities Available Sewer Connected, Water Connected

Amenities Available No Amenities

Waterfront Description None

Roof Type Composition

Accessibility None

Porch Covered

Building

Lot Description Interior Lot

Story 1

Entry Level One

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

Structure Type None

New Construction No

Schools

Elementary Schools College Park

Middle Schools Williston

High Schools New Hanover

Others

Tax ID R05507-004-001-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


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Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Margaret Rudd Assoc/Sp
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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335 Lullwater DR