2309 Lynnwood Drive
Wilmington, NC 28403
$1,385,000
About the property
Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's highly sought-after Glen Meade/South Oleander neighborhood. The detached guest house has a proven short-term rental history, generating $4,280.61 in May, $5,955.66 in June, and a projected $7,258.82 in July, making it ideal for supplemental income, multi-generational living, or private guest accommodations.
The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Completed in 2024, the guest house--known as The Magnolia--includes its own private entrance, driveway, fire pit, and outdoor shower.
The extensively renovated main home showcases a spacious primary suite addition, custom mahogany details, polished concrete floors, updated bathrooms, and a designer kitchen with custom cabinetry and premium finishes. Major upgrades include two new HVAC systems, spray foam insulation, new landscaping, a wraparound driveway, and a privacy fence.
Ideally located just minutes from Historic Downtown Wilmington, Wrightsville Beach, and Cape Fear Country Club, this exceptional property combines location, luxury, and investment potential in one of Midtown Wilmington's most desirable neighborhoods.
Seller is the listing agent and a licensed North Carolina Real Estate Broker.
At a glance
Listing details
- Full bathrooms
- 5
- Half bathrooms
- 2
- Heated square feet
- 2,581
- Lot acres
- 0.49
- Lot dimensions
- 110x175x139x175
- Stories
- 2
- Zoning
- R-15
- HOA
- No
- Waterfront
- No
- Fireplace
- No
Education
Schools
- Elementary school
- Alderman
- 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
- Glen Meade
- Secondary Subdivision
- N/A
- City Limits
- Yes
- Marketing City
- Wilmington
- Elem. School 2
- Alderman
- Middle School 2
- Williston
- Year Built
- 1967
- Deed Restrictions
- No
- # Baths - Total
- 7
- # Bedrooms
- 7
- # Rooms
- 13
- Master Bedroom Level
- Primary Living Area
- Waterview
- No
- Property Attached YN
- No
- New Construction
- No
- Sign on Property
- Yes
- Attic
- Stairs - Pull Down
- Appliances/Equip
- Dishwasher; Dryer; Gas Oven; Refrigerator; Washer
- Basement
- None
- Construction
- Block; Wood Frame
- Property Condition
- Updated/Remodeled
- Cooling
- Central Air; Multi Units; Zoned
- Dining Room Type
- Formal
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Brick
- Other Structures
- Guest House; Storage; Workshop
- Foundation
- Slab
- Exterior Features
- Irrigation System; Thermal Doors
- Terms
- Cash; Conventional
- Trash Collection
- City Pick-UP
- Furnished
- Negotiable
- Flooring
- Brick; Concrete; Tile; Wood
- Fencing
- Back Yard; Wood
- Interior Features
- Blinds/Shades; Built-in Features; Ceiling Fan(s); Walk-in Shower
- Garage & Parking
- Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0
- HOA and Neigh Amenities
- No Amenities
- Heated SqFt
- 2400 - 2599
- SqFt - Heated Separate
- 1,173
- Heating
- Heat Pump
- Heating System Fuel Source
- Electric
- Lot Features
- Landscaped; Sprinklers in Front
- Patio and Porch Features
- Front Porch; Patio
- Parking Features
- Circular Driveway; Off Street
- Pool Features
- None
- Roof
- Architectural Shingle
- Road Type/Frontage
- Paved; Public (City/Cty/St)
- Showing Instructions
- 24 Hour Notice
- Levels
- Two
- Electric Provider
- Duke Energy
- Water Heater
- Electric; Natural Gas
- Utilities
- Natural Gas Connected; Sewer Connected; Water Connected
- Sewer
- Municipal Sewer
- Water Source
- Municipal Water
- Water Provider
- Cape Fear Public Utility Authority
- Natural Gas Provider
- Piedmont Natural Gas Co.
- Construction Type
- Stick Built
- View Type
- None
- Frontage Type
- None
- Tax Assessed Value
- $830,500
- Cobra Zone
- No
- Total City Real Estate Property Tax
- $1,281.39
- Deed Book
- 6150
- Deed Page
- 1305
- Plat Book
- 7
- PID
- R06012-009-002-000
- Tax Identifier
- R06012-009-002-000
- Plat Page
- 36
- Total Real Estate Property Taxes
- $4,887.5
- Special Assessments
- None
- Tax Year
- 2025
- Lot #
- 3
- Legal
- LOT 3 BK 5 SEC 1 GLEN MEADE
- Directions to Property
- From Oleander Drive heading toward downtown Wilmington, turn left onto S. Live Oak Parkway, then right onto S. Canterbury Road, left onto Blythe Road, right onto Echo Lane, and left onto Lynnwood Drive. The property will be on the right-hand side
Location
Map & location
2309 Lynnwood Drive, Wilmington, NC 28403
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