Waterfront - Primary on Main - Seller Financing
Address
118 S 4th Street, Wilmington, NC
Price
$ 1,795,000
Property Attributes
  • MLS#100601788
  • TypeSingle Family
  • Listing Status Active
  • CountyNEW HANOVER
  • CityWilmington
  • AreaHistoric District
  • NeighborhoodWilmington
  • Zip28401
  • StyleHistoric District,Historic Home
  • Year Built1890
  • Taxes$ 7804
  • Price$ 1,795,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage4761
  • Lot Size0.24 Acres
Data Source:
North Carolina Regional MLS (NCRMLS)
Property Description

Discover a rare opportunity to own a piece of Wilmington's past, thoughtfully restored for modern living and perfectly positioned for the future. Built in 1890, this exceptional historic property has been lovingly restored and redesigned by its current owners, blending timeless architectural character with contemporary comfort, style, and functionality. Spanning three stories, the home features six private ensuite bedrooms, each offering its own unique character, along with a fully separate one-bedroom accessory unit. The property also holds a B&B permit for up to four rooms, creating an outstanding opportunity for an income-producing bed and breakfast, boutique lodging operation, or flexible live/work arrangement. Currently operating as a successful bed and breakfast, the property could just as easily be transformed into a spectacular private residence. Inside, you'll find beautiful hardwood floors, large windows providing abundant natural light, distinctive architectural details, and a thoughtfully designed interior that reflects the character of the home while offering the comforts of today. A spacious entertainment area provides the perfect setting for gatherings and special occasions. Outside, the property is equally impressive, featuring private iron-fenced gardens, mature landscaping, and a garage, creating a peaceful and private setting in the heart of the city. Located in a charming historic neighborhood on a tree-lined brick street, this property places you within easy reach of Downtown Wilmington's restaurants, shopping, entertainment, riverfront attractions, and cultural amenities, while remaining convenient to the area's beautiful beaches. Historic character. Income-producing potential. Exceptional location. Endless possibilities. Whether you envision continuing its legacy as a boutique bed and breakfast or creating your own extraordinary downtown residence, this is a truly special Wilmington property.

Elementary School Middle School High School
Snipes Elementary School Williston Middle School New Hanover High School
Price History
9/6/2026 Listed $1,795,000

General Features

Living Area 4761.0
Heating Electric,Heat Pump,Natural Gas
Cooling Central Air
Utilities Natural Gas Connected,Sewer Available,Water Available
Possession Close Of Escrow,Subject To Tenant Rights,At Closing
Roof Membrane,Shingle,Slate
Appliances Electric Oven,Built-In Microwave,Washer,Refrigerator,Dryer
Zoning HD-R
Garage Spaces 1.0
Patio/Porch Features Covered,Porch
Architectural Style Historic District,Historic Home
Pool Features None
Construction Materials Wood Siding,Wood Frame
Year Built 1890
View See Remarks
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2026
Taxes 7804.1
Parcel Number R05405-003-004-000
Waterfront Features None
Accessibility None
County New Hanover
Operating Expense 0.0
New Construction No
Property Type Residential
In City Limits? (Y/N) Yes
Association Amenities None
HOA No
Attached Garage Yes
Subdivision Name Historic District
Garage Y/N Yes
Total Rooms 10
Full Baths 6
Status Active
Buyer Financing Seller Financing
Directions From Downtown Wilmington,take Market Street East. Turn right on S 4th Street and property is on the right.
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 10542.0
Carport Spaces 0.0
Carport Y/N No
Green Building Verification Type None
Elementary School Snipes
Property Attached Y/N Yes
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Williston
Property Condition UpdatedRemodeled
Lease Considered Y/N No
Structure Type Wood Frame,Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 1326100
Legal Description Se 4E5 Wilmington Blk 141
IslandOrMainland Mainland

Interior Features

Interior Amenities Master Downstairs,High Ceilings,Entrance Foyer,Apt/Suite,Furnished,Walk-in Shower,Blinds/Shades
Basement None
Flooring Tile,Wood
Furnished Y/N Furnished
Water Heater Electric,Natural Gas
Master Bed Level Primary Living Area
Total Stories 3
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Laundry Features Dryer Hookup,Washer Hookup
Total Bedrooms 6
Attic Features Access Only
Entry Level 1
Room Type Living Room,Dining Room,Master Bedroom,Dining Area,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 6,Bedroom 7,Other
Unit Type 4 Bedroom Or More
Total Baths 7
Living Area Range 4500 - 4999
SmokingYN No

Exterior Features

Exterior Finish Wood Siding
Fencing Metal/Ornamental,Partial
Parking Features Attached,See Remarks,Off Street,Paved,Tandem,Garage
Lot Features Corner Lot
Water Source Public
Total Parking 4.0
Lot Size Area 0.24
Foundation Details Crawl Space
Spa No
Building Area Total 4761.0
Lot Dimensions 90 x 118
Lot Size Acres 0.24
Road Surface Type Paved
Other Parking Parking Passes avail
Frontage Type See Remarks
Waterfront Y/N No
Road Frontage Type Alley,City Street,State Road,Paved
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28401

Price
AVG $470K
$1.8M
Taxes
AVG $3,120
$7,804
Year Built
AVG 1965
1890
Visits
AVG 211
29
Data Provided by Inside Real Estate®

Areas We Cover