118 S 4th Street

Wilmington, NC 28401

$1,795,000

6Bedrooms
7Bathrooms
4,761Heated sqft
1890Year built
Historic District Subdivision
Single Family ResidenceProperty subtype
Intracoastal Realty CorporationListing office
Jeffrey G HovisListing agent
New HanoverCounty
0.24 acres Lot size

About the property

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.

At a glance

Listing details

Full bathrooms
6
Half bathrooms
1
Heated square feet
4,761
Lot acres
0.24
Lot dimensions
90 x 118
Stories
3
Zoning
HD-R
HOA
No
Waterfront
No
Fireplace
Yes

Education

Schools

Elementary school
Snipes
Middle school
Williston
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
Historic District
Secondary Subdivision
N/A
City Limits
Yes
Pre Direction
S
Marketing City
Wilmington
Year Built
1890
Deed Restrictions
No
# Baths - Total
7
# Bedrooms
6
# Rooms
10
Master Bedroom Level
Primary Living Area
Fireplaces Total
3
Waterview
No
Property Attached YN
Yes
New Construction
No
Sign on Property
No
Handicap Accessible
None
Attic
Access Only
Appliances/Equip
Built-In Microwave; Dryer; Electric Oven; Refrigerator; Washer
Basement
None
Construction
Wood Frame
Property Condition
Updated/Remodeled
Cooling
Central Air
Dining Room Type
Formal
Entry Level Information
Entry Level: 1
Exterior Finish
Wood Siding
Foundation
Crawl Space
Terms
Cash; Conventional; Seller Financing
Trash Collection
City Pick-UP
Furnished
Furnished
Unit Type
4 Bedroom Or More
Flooring
Tile; Wood
Fencing
Metal/Ornamental; Partial
Interior Features
Apt/Suite; Blinds/Shades; Entrance Foyer; Furnished; High Ceilings; Master Downstairs; Walk-in Shower
Green Bldg Certify
None
Green Bldg Features
None
Garage & Parking
Total Parking Spaces: 4; Attached Garage Spaces: 1; Detached Garage Spaces: 0; Total # Garage Spaces: 1; Total Carport Spaces: 0; Other - See Remarks: Parking Passes avail
HOA and Neigh Amenities
No Amenities
Heated SqFt
4500 - 4999
Heating
Heat Pump
Heating System Fuel Source
Electric; Natural Gas
Lot Features
Corner Lot
Laundry Features
Hookup - Dryer; Hookup - Washer
Lot Water Features
None
Patio and Porch Features
Covered; Porch
Parking Features
Attached; Garage; Off Street; Paved; Tandem; See Remarks
Pool Features
None
Roof
Membrane; Shingle; Slate
Road Type/Frontage
Alley; Paved; Public (City/Cty/St)
Showing Instructions
24 Hour Notice
Levels
3 Story or More
Architectural Style
Victorian; Historic District; Historic Home
Separate Living Spcs
Addl Suite Desc: Attached accessory
Electric Provider
Duke Progress Energy
Water Heater
Electric; Natural Gas
Utilities
Natural Gas Connected; Sewer Available; Water Available
Sewer
Municipal Sewer
Water Source
Municipal Water
Water Provider
Cape Fear Public Utility Authority
Natural Gas Provider
Piedmont Natural Gas Co.
Sewer Provider
Cape Fear Public Utility Authority
Construction Type
Stick Built
View Type
None
Frontage Type
None
Tax Assessed Value
$1,326,100
Cobra Zone
No
Total City Real Estate Property Tax
$8,134
Deed Book
6767
Deed Page
376
Federal Flood Ins Avlbl
Yes
Plat Book
0
PID
311708.87.9761.000
Tax Identifier
R05405-003-004-000
Plat Page
0
Total Real Estate Property Taxes
$7,804.1
Special Assessments
None
Tax Year
2026
Legal
Se 4E5 Wilmington Blk 141
Directions to Property
From Downtown Wilmington, take Market Street East. Turn right on S 4th Street and property is on the right.