109 Pine Clay Road
Wilmington, NC 28403
$329,000
About the property
Rare Wilmington property featuring a charming cottage-style 3BR/2BA main house plus detached 1BR/1BA ADU tucked away on a private wooded lot in central Wilmington.
The main home blends classic character with thoughtful updates including updated flooring, paint, fixtures, kitchen improvements, and exterior enhancements while maintaining its original cottage charm.
The detached ADU offers excellent flexibility for rental income, guest space, multi-generational living, home office use, or house-hack potential. A new roof was recently installed on the ADU. The main house was recently rented for $2,000/month and the ADU for $1,000/month. Both units are currently vacant.
Highlights:
3BR/2BA main house
Detached 1BR/1BA ADU
Brand-new roof on ADU
Both units currently vacant
Previous combined rents of $3,000/month
No HOA
Private wooded lot
Covered front porch
Value-add and rental upside
Great setup for investor, house hack, guest space, or multi-generational living
Convenient to UNCW, Mayfaire, Wrightsville Beach, shopping, dining, and downtown Wilmington
Seller financing may be considered with strong terms
A rare opportunity to own a versatile income-producing property with character, flexibility, and strong rental potential in a highly convenient Wilmington location.
Owner is a licensed North Carolina real estate agent.
At a glance
Listing details
- Full bathrooms
- 3
- Half bathrooms
- 0
- Heated square feet
- 1,075
- Lot acres
- 0.34
- Lot dimensions
- 80X190
- Stories
- 1
- Zoning
- R-20
- HOA
- No
- Waterfront
- No
- Fireplace
- No
Education
Schools
- Elementary school
- College Park
- Middle school
- Noble
- High school
- New Hanover
- School district
- New Hanover
Complete report
Property features
- City
- Wilmington
- Sub-Type
- Single Family Residence
- County
- New Hanover
- Location Type
- Mainland
- Subdivision
- College Acres
- Secondary Subdivision
- N/A
- City Limits
- Yes
- Marketing City
- Ash
- Year Built
- 1945
- # Baths - Total
- 3
- # Bedrooms
- 4
- # Rooms
- 9
- Master Bedroom Level
- Primary Living Area
- New Construction
- No
- Sign on Property
- Yes
- Handicap Accessible
- None
- Attic
- Access Only
- Appliances/Equip
- Dishwasher; Dryer; Electric Range; Range; Refrigerator; Washer
- Basement
- None
- Construction
- Wood Frame
- Property Condition
- Updated/Remodeled
- Cooling
- Central Air
- Dining Room Type
- Kitchen
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Metal Siding; Vinyl Siding; Wood Siding
- Other Structures
- Outbuilding
- Foundation
- Crawl Space; Raised
- Terms
- Cash; Conventional; Seller Financing; VA Loan; Commercial
- Rental Information
- Lease Term: Month To Month
- Lease Term
- Month To Month
- Trash Collection
- City Pick-UP
- Structure Type
- Duplex
- Unit Type
- 4 Bedroom Or More; Apartments; Efficiency
- Flooring
- LVT/LVP
- Fencing
- Wood
- Interior Features
- Apt/Suite; Master Downstairs; Pantry; Walk-in Shower; Walk-In Closet(s)
- Green Bldg Certify
- None
- Green Bldg Features
- None
- Garage & Parking
- Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0
- HOA and Neigh Amenities
- Other; See Remarks
- Heated SqFt
- 1000 - 1199
- Heating
- Heat Pump
- Heating System Fuel Source
- Electric
- Lot Features
- Level; Wooded
- Laundry Features
- Hookup - Dryer; Hookup - Washer; Laundry Room
- Lot Water Features
- None
- Patio and Porch Features
- Deck; Front Porch; Porch; Side Porch
- Parking Features
- Off Street; On Site; Unpaved
- Roof
- Shingle
- Road Type/Frontage
- Public (City/Cty/St)
- Levels
- One
- Architectural Style
- Traditional
- Water Heater
- Electric
- Utilities
- Cable Available; Sewer Available; Sewer Connected; Water Available; Water Connected
- Sewer
- Municipal Sewer; Public Sewer
- Water Source
- Municipal Water; Public
- Construction Type
- Stick Built
- View Type
- None
- Frontage Type
- None
- Tax Assessed Value
- $349,500
- Cobra Zone
- No
- Deed Book
- 6128
- Deed Page
- 1930
- Plat Book
- 6128
- PID
- R05013-006-009-000
- Tax Identifier
- R05013-006-009-000
- Plat Page
- 1930
- Total Real Estate Property Taxes
- $2,056.82
- Special Assessments
- no
- Tax Year
- 2025
- Legal
- R05013-006-009-000
- Directions to Property
- Eastwood rd onton Racine turn left onto Carl then left onto pine clay