318 Colonial Drive

Wilmington, NC 28403

$910,000

4Bedrooms
3Bathrooms
2,747Heated sqft
1940Year built
Forest Hills Subdivision
Single Family ResidenceProperty subtype
Intracoastal Realty CorporationListing office
Jeffrey G HovisListing agent
New HanoverCounty
0.28 acres Lot size

About the property

Welcome to this beautifully updated Forest Hills residence on Colonial Drive, offering 2,747 square feet of comfortable and versatile living space in one of Wilmington's most desirable locations.

The home features four comfortable bedrooms, including a private primary suite with a spa-like bath with a heated floor and generous walk-in closet. Thoughtfully updated throughout, the home combines classic character with modern comfort. The gourmet-style kitchen is designed for both everyday living and entertaining, while the inviting living room features a fireplace and built-in bookshelves.

Additional living spaces include a private office, family room, formal dining room, and breakfast room, providing plenty of flexibility for work, relaxation, and gatherings. A screened-in porch overlooks the fenced backyard and connects to a private patio, creating wonderful spaces for outdoor entertaining.

The property's mature trees and established landscaping provide a beautiful sense of privacy and complement the classic Forest Hills setting. Recent improvements include an updated roof, windows, lighting, and bathrooms.

Adding to the appeal is a separate building featuring a workshop and a stylish speakeasy-inspired gathering space--a unique bonus that provides an exceptional setting for entertaining, hobbies, or a private retreat.

Ideally located on Colonial Drive in Forest Hills, this home offers easy access to Downtown Wilmington, Midtown, area beaches, shopping, dining, and entertainment. A rare combination of updated living spaces, timeless character, outdoor privacy, and a one-of-a-kind detached gathering space.

At a glance

Listing details

Full bathrooms
2
Half bathrooms
1
Heated square feet
2,747
Lot acres
0.28
Lot dimensions
Irregular
Stories
2
Zoning
R-15
HOA
No
Waterfront
No
Fireplace
Yes

Education

Schools

Elementary school
Forest Hills
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
Forest Hills
Secondary Subdivision
N/A
City Limits
Yes
Marketing City
Wilmington
Year Built
1940
Deed Restrictions
No
# Baths - Total
3
# Bedrooms
4
# Rooms
11
Master Bedroom Level
Non Primary Living Area
Fireplaces Total
1
Waterview
No
New Construction
No
Sign on Property
No
Handicap Accessible
None
Attic
Access Only
Appliances/Equip
Built-In Microwave; Dishwasher; Disposal; Dryer; Gas Range; Ice Maker; Mini Refrigerator; Refrigerator; Washer
Basement
Crawl Space; Partial; See Remarks
Construction
Wood Frame; See Remarks
Property Condition
Updated/Remodeled
Cooling
Central Air
Dining Room Type
Combination; Formal
Entry Level Information
Entry Level: 1
Exterior Finish
Brick; Wood Siding
Other Structures
Covered Area; Workshop; See Remarks
Foundation
Crawl Space
Exterior Features
Other
Terms
Cash; Conventional; VA Loan
Trash Collection
City Pick-UP
Furnished
Unfurnished
Unit Type
4 Bedroom Or More
Flooring
Ceramic Tile; Hardwood
Fencing
Back Yard; Wood
Interior Features
Blinds/Shades; Built-in Features; Ceiling Fan(s); Pantry; Walk-in Shower; Walk-In Closet(s)
Garage & Parking
Total Parking Spaces: 4; Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0; Other - See Remarks: some Tandem spaces
HOA and Neigh Amenities
No Amenities; Club Membership: None Selected
Heated SqFt
2600 - 2799
Heating
Radiant; Other
Heating System Fuel Source
Natural Gas
Lot Features
Irregular Lot; Landscaped
Laundry Features
Laundry Room
Lot Water Features
None
Patio and Porch Features
Covered; Deck; Patio; Porch; Screened
Parking Features
Concrete; Off Street; On Site; Tandem; See Remarks
Pool Features
None
Roof
Shingle
Road Type/Frontage
Paved; Public (City/Cty/St)
Levels
Two
Architectural Style
Colonial; See Remarks
Electric Provider
Duke Progress Energy
Water Heater
Electric
Utilities
High Speed Internet; 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.
Sewer Provider
Cape Fear Public Utility Authority
Construction Type
Stick Built
View Type
None
Frontage Type
None
Tax Assessed Value
$645,200
Cobra Zone
No
Total City Real Estate Property Tax
$4,113.15
Deed Book
6181
Deed Page
2590
Federal Flood Ins Avlbl
No
Plat Book
0
PID
R05408003010000
Tax Identifier
R05408-003-010-000
Plat Page
0
Total Real Estate Property Taxes
$3,797
Special Assessments
None
Tax Year
2025
Legal
45B/57B/59B Sec A Pt Forest
Directions to Property
From Downtown, take Market Street East, turn right on Colonial and the house is on the right.