41 Pelican Point Road
Wilmington, NC 28409
$599,900
Price
3
Beds
3
Baths
2,472 Sq. Ft.
$243 / Sq. Ft.
2,472
Sq. Ft.
$243
per Sq. Ft.
Description
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...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!
- Listed by Kathy Webb • Corcoran HM Properties
Property Details for 41 Pelican Point Road
Parking Features
Concrete, Paved
Subdivision NamePelican Point
ZoningR-15
Parking Total.00
WaterfrontNo
WaterfrontNo
WaterviewNo
LISTING UPDATED: 10/15/2024 10:08 PM
Property Details for 41 Pelican Point Road
| Status | Active |
|---|---|
| MLS # | 100465449 |
| Days on Market | 48 |
| Taxes | $1,849 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1973 |
| Lot Size | 0.65 AC / 28,314 SF |
| County | New Hanover County |
Building Information for 41 Pelican Point Road
Stories1Year Built1973Building Size-Lot Size0.65 AC / 28,314 SF
Property Information for 41 Pelican Point Road
Summary
Location and General Information
- City: Wilmington
- State Or Province: NC
- Postal Code: 28409
- County Or Parish: New Hanover
- Directions: Oleander to Pine Grove. To Masonboro Loop Road, Left on Pelican Point. Home is on the left.
- Latitude: 34.16
- Longitude: -77.86
- City Limits: No
- Secondary Subdivision: N/A
- Location Type: Mainland
- Where Located: front door
- Legal Taxes: Zoning: R-15
Taxes and HOA
- Tax Other Assessment Amount Frequency: No
- Association Fee: $.00
- Tax Legal Description: LOT 9R PELICAN POINT ESTATES
- Tax Book Number: 46
- Tax Map Number: 273
- Tax Year: 2023
- Tax Assessed Value: $353,800.00
- Parcel Number: R07213-002-010-000
- Association: No
- Tax Annual Amount: $1,848.61
- Legal Taxes: HOA: No
- Legal and Taxes: Deed Book: 6228
- Legal Taxes: Deed Page: 16151618.0
- Legal Taxes: Legal: LOT 9R PELICAN POINT ESTATES
- Legal Taxes: PID: R07213-002-010-000
- Legal Taxes: Plat Book: 46
- Legal Taxes: Plat Page: 273
- Legal and Taxes: Tax Identifier: R07213-002-010-000
- Legal Taxes: Tax Assessed Value: $353,800.00
- Legal Taxes: Total Real Estate Property Taxes: $1,848.61
- Legal Taxes: Tax Year: 2023
- HOA Amenities: Access Only: Yes
Parking
- Open Parking Spaces: 6.00
- Carport Spaces: .00
- Attached Garage: No
- Driveway Spaces: 6.00
- Attached Garage Spaces: .00
- Detached Garage Spaces: .00
- Total Carport Spaces: .00
- Parking Driveway: Paved: Yes
School Information
- Middle Or Junior School: Myrtle Grove
- High School: Hoggard
- Elementary School: Masonboro Elementary
Property
Lot Information
- Lot Features: Dead End
- Lot Size Units: Acres
- Lot Size Acres: 0.65
- Lot Size Area: 0.65
- Living Area: 2472.0
- Lot Size Dimensions: 110x262x110x260
- Building Area Total: 1949.0
- Lot Size Square Feet: 28314.0
- Lot Dimensions: 110x262x110x260
- Lot Acres: 0.65
- Lot Sq Ft: 28314.0
- Sq Ft - Heated Separate: 523.0
- Total Sq Ft - Heated (Primary Separate): 2472.0
- Lot Description: Dead End: Yes
Property and Assessments
- Structure Type: Wood Frame
- Documents Available: Lead Based Paint, Residential Property Disclosure, Floor Plan
- New Construction: No
- Year Built: 1973
- Construction Type: Stick Built
- Property Exterior Info: New Construction: No
- Cobra Zone: No
- Special Assessments: No
- Construction: Wood Frame: Yes
- Foundation: Crawl Space: Yes
Utilities
- Sewer: Municipal Sewer
- Gas: True
- Water Source: Municipal Water
- Utilities: Municipal Sewer: Yes
- Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
- Stories: 1
- Stories Levels: One and One Half: Yes
- Construction Materials: Brick Veneer
- Roof: Shingle
- Fencing: Chain Link, Back Yard, Wood
- Other Structures: Shed(s)
- Patio And Porch Features: Open, Deck, Porch
- Exterior Finish: Brick Veneer: Yes
- Fencing: Chain Link: Yes
- Fencing: Wood: Yes
- Fuel Tank: Propane Buried: Yes
- Fuel Tank Ownership: Leased: Yes
- Porch Balcony Deck: Deck: Yes
- Porch Balcony Deck: Open: Yes
- Porch Balcony Deck: Porch: Yes
- On-Site Pool Spa: None: Yes
Interior Features
- Levels: One and One Half
- Flooring: LVT/LVP, Tile
- Interior Features: Master Downstairs, 2nd Kitchen, Apt/Suite, Ceiling Fan(s)
- Basement: Crawl Space
- Fireplace Features: Gas Log
- Heating: Heat Pump, Fireplace Insert, Fireplace(s), Electric, Forced Air, Propane, Zoned
- Room Type: Master Bedroom, Bedroom 2, Living Room, Dining Room, Kitchen, Breakfast Nook, Bonus Room, Bedroom 3
- Appliances: Wall Oven, Stove/Oven - Electric, Refrigerator, Ice Maker, Cooktop - Gas
- Bathrooms Total Integer: 3
- Rooms Total: 9
- Bathrooms Total Decimal: 3.00
- Bathrooms Total Notational: 3.00
- Heating: Yes
- Fireplace: Yes
- Bedrooms Total: 3
- Bathrooms Full: 3
- Bathrooms Half: 0
- Master Bedroom Level: Primary Living Area
- Bedroom 2 Level: Main
- Bedroom 3 Level: Upper
- Bonus Room Level: Main
- Breakfast Nook Level: Main
- Dining Room Level: Main
- Kitchen Level: Main
- Living Room Level: Main
- Master Bedroom Level: Main
- # Rooms: 9.00
- # Baths - Full: 3.00
- # Baths - Half: .00
- Property Interior Info- # Baths - Total: 3.00
- Property Interior Info: Stories: 1.00
- Flooring: L V T L V P: Yes
- Flooring: Tile: Yes
- Heating System: Electric: Yes
- Appliances Equip: Cooktop - Gas: Yes
- Appliances Equip: Refrigerator: Yes
- Appliances Equip: Ice Maker: Yes
- Interior Features: 1st Floor Master: Yes
- Interior Features: 2nd Kitchen: Yes
- Interior Features: Apt Suite: Yes
- Rooms: Bedroom 2: Yes
- Rooms: Bedroom 3: Yes
- Rooms: Bonus Room: Yes
- Rooms: Breakfast Nook: Yes
- Rooms: Master Bedroom: Yes
Room Information
Room 1
- Room Type: Master Bedroom
- Room Length: 14.2
- Room Width: 12.9
- Room Level: Main
Room 2
- Room Type: Bedroom 2
- Room Length: 9.11
- Room Width: 12.7
- Room Level: Main
Room 3
- Room Type: Living Room
- Room Length: 17.1
- Room Width: 18.4
- Room Level: Main
Room 4
- Room Type: Dining Room
- Room Length: 11.8
- Room Width: 12.6
- Room Level: Main
Room 5
- Room Type: Kitchen
- Room Length: 9.7
- Room Width: 13.5
- Room Level: Main
Room 6
- Room Type: Breakfast Nook
- Room Length: 8.3
- Room Width: 11.1
- Room Level: Main
Room 7
- Room Type: Bonus Room
- Room Length: 19.7
- Room Width: 17.8
- Room Level: Main
- Room Description: used as guest suite
Room 8
- Room Type: Bedroom 3
- Room Length: 25.4
- Room Width: 14.6
- Room Level: Upper
- Room Description: this was used as an apartment
Room 9
- Room Type: Bonus Room
- Room Length: 21.7
- Room Width: 14.6
- Room Level: Upper
Multi Family
Unit 1
- Features: Kitchen: Yes
- Features: Living Room: Yes
- Features: Dining Room: Yes
- Heating: Heat Pump: Yes
Property History for 41 Pelican Point Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 41 Pelican Point Road
Taxable ValueLand$205,500Additions$148,300Total$353,800
Tax Record2023$1,916 ($160 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,969 SqFtAbove Grade Finished SqFt1,969 SqFtStories1Lot Size28,314 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated2020ZoningR-15,RESIDENTCountyNEW HANOVERAPNR07213-002-010-000Fireplace TypeHas Fireplace
Schools near 41 Pelican Point Road
This home is within New Hanover County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Walter L Parsley Elementary PublicK to 5 | ||
Myrtle Grove Middle Public6 to 8 | ||
John T Hoggard High Public9 to 12 | ||
Dr John Codington Elementary PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Corcoran HM Properties
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 10/15/2024 10:08 PM. 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 Compass 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. © 2024 Hive MLS