Property
Wilmington, NC 28401
$1,100,000
75 more
Presented By: Intracoastal Realty Corp
Home Details
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.
Presented By: Intracoastal Realty Corp
Interior Features for
Bedrooms
Master Bedroom LevelN/A
Total Bedrooms6
Bathrooms
Total Bathrooms5.00
Other Interior Features
Appliances/EquipSee Remarks
Laundry FeaturesHookup - Dryer, Hookup - Washer
AtticAccess Only
BasementDirt
Fireplace3+
FlooringTile, Wood
Interior Features9Ft+ Ceilings, Basement
List Price/SqFt201.21
Stories3 Story or More
Other Rooms
Dining RoomFormal
Rooms8
General for
CityWilmington
City LimitsYes
Co Listing Member NameSky Grainger
Cobra ZoneNo
ConstructionWood Frame
CoolingCentral
CountyNew Hanover
Days on Market38
Full Baths5
Green Bldg CertifyNone
Green Bldg FeaturesNone
HOANo
HOA and Neigh AmenitiesNo Amenities
Half Baths
Handicap AccessibleNone
Heated Area5000 - 5499
HeatingNone
Listing Member NameJeffrey G Hovis
Location TypeMainland
Lot Sqft18252.00
New ConstructionNo
Property TypeA
RoofMetal
Special Assessmentsnone
StatusActive
Stipulation of SaleNone
Stories3.0
Sub-TypeSingle Family Residence
SubdivisionHistoric District
Tax Assessed Value516100.00
Tax Year2024
TermsCash, Conventional
UtilitiesMunicipal Sewer, Municipal Water
Water HeaterElectric
WaterviewNo
Year Built1948
ZoningHD
Exterior for
Attached Carport Spaces0.00
Construction TypeStick Built
Detached Carport Spaces0.00
Driveway Spaces5.00
Exterior FeaturesNone
Exterior FinishWood Siding
FencingMetal/Ornamental, Partial
FoundationBlock, Crawl Space
Fuel TankNone
Garage & Parking: Total # Garage Spaces0.00
Garage & Parking: Total Carport Spaces0.00
Lot Acres0.42
Lot DimensionsIrregular
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Parking FeaturesAdditional Parking, Off Street
Patio and Porch FeaturesCovered, Porch
Road Type/FrontagePaved, Public (City/Cty/St)
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert