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41 Pelican Point Rd, Wilmington, NC, 28409

$599,900

Home List Price

$7,124*

Closing Credit

3 Bedrooms
3 Full Baths
1,949 SqFt
$308/SqFt
House

Location

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41 Pelican Point Rd, Wilmington$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Paved
Year Built1973
HeatingFireplace(s), Zoned, Forced Air
CoolingHeat Pump
WaterfrontWater Access
Fireplace1
MLS #100465449
Lot Size0.65 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 41 Pelican Point Rd

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!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,949 SqFt

Listing Office:

  • Office Name: Corcoran HM Properties

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Ice Maker, Oven, Electric Oven, Electric Stove, Refrigerator
  • Flooring Type: LVT/LVP, Tile
  • Interior: 1st Floor Master, Gas Logs, Ceiling Fan(s), Apt/Suite, 2nd Kitchen
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Water Access

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Paved

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.65 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Zoned, Forced Air
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Oleander to Pine Grove. To Masonboro Loop Road, Left on Pelican Point. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $308/SqFt

Tax Information:

  • Annual Amount: $1,248
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

41 Pelican Point Rd vs Wilmington

67 DAYS ON ROCKET

+23 Days

$599,900

+$174.3K More

$308/SqFt

+$63 More

KEY TAKEAWAY

This property is $174.3K more than the Median Sold Price and $63/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100465449

Listing Office:

  • Office Name: Corcoran HM Properties

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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 displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2019Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,248$197,300
2019$1,247$197,300
2018$1,248$197,300
2017$1,177$197,300

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-337124
8
/10

  • Masonboro Elementary School

  • 3518 Masonboro Loop Rd

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-337125
5
/10

  • Pine Valley Elementary School

  • 440 John S Mosby Dr

  • 2.61 miles

  • Public District Grades KG-5

school-card-donut-337126
5
/10

  • Holly Tree Elementary School

  • 3020 Web Trce

  • 2.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,428. Residents of Wilmington, NC typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 41 Pelican Point Rd

What is the listing price of this property?

The listing price of 41 Pelican Point Rd property is $599,900.

What type of property is this?

The property 41 Pelican Point Rd is a house located in Wilmington, North Carolina, 28409.

Is this property for sale now?

Accepting Backup Offers: 41 Pelican Point Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,248 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 8, 2019 for $210,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 41 Pelican Point Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 41 Pelican Point Rd is 1,949 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 41 Pelican Point Rd is 1973.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28409›41 Pelican Point Rd

This home is located at 41 Pelican Point Rd in Wilmington, NC and zip code 28409 in the Pelican Landing neighborhood. This 1,949 square foot home, which was built in 1973, sits on a 0.65 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $599,900.

While more than 46 listings in Wilmington, NC in October 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 153 were sold below. The number of listings in Wilmington, NC increased by 3.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $425,528, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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