4615 Masonboro Loop Road
Wilmington, NC 28409
$599,000
About the property
Income-producing from day one: recently built 3BR/2BA home PLUS detached ADU on 0.34 acres in the Masonboro Loop corridor, with $7,500 seller credit toward rate buydown or closing costs with an acceptable offer.
The numbers: the main residence is leased at $3,250/month through 12/30/2026 to an in-place tenant, and the detached accessory dwelling unit, with its own kitchen, full bath, bedroom area, and laundry connections, offers estimated additional rental income of ~$1,300/month. Combined projected gross income of approximately $54,600/year. County-only taxes (outside city limits), no HOA, and keep carrying costs low. Rent roll and lease available to qualified buyers.
The lease term also creates flexibility: an investor steps into immediate cash flow, while a buyer planning to occupy can take possession of the main home at lease end this December - or live in the ADU now and let the main house cover the mortgage. House hackers: run the math on occupying one unit while the other pays you.
The main home is a recently built single-story plan with an open living/dining area, granite countertops, stainless appliances, LVP flooring throughout, and a covered front porch. The ADU sits privately behind the main residence.
Location drives the rents: less than a mile to the public boat ramp at Trails End Park, with quick access to the Intracoastal Waterway, Masonboro Island, and area beaches, and minutes to Monkey Junction and midtown shopping and dining. Masonboro Elementary / Myrtle Grove / Hoggard district.
Investor package with rent roll, lease, and income detail available on request.
At a glance
Listing details
- Full bathrooms
- 2
- Half bathrooms
- 0
- Heated square feet
- 1,205
- Lot acres
- 0.34
- Lot dimensions
- 141'x91'
- Stories
- 1
- Zoning
- R-15
- HOA
- No
- Waterfront
- No
- Fireplace
- No
Education
Schools
- Elementary school
- Masonboro Elementary
- Middle school
- Myrtle Grove
- High school
- Hoggard
- School district
- New Hanover
Complete report
Property features
- City
- Wilmington
- Sub-Type
- Single Family Residence
- County
- New Hanover
- Location Type
- Mainland
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
- City Limits
- No
- Marketing City
- Wilmington
- Year Built
- 2025
- # Baths - Total
- 2
- # Bedrooms
- 3
- # Rooms
- 6
- Master Bedroom Level
- Primary Living Area
- New Construction
- No
- Construction
- Wood Frame
- Cooling
- Central Air
- Dining Room Type
- Combination
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Vinyl Siding
- Other Structures
- Guest House
- Foundation
- Raised; Slab
- Terms
- Cash; Conventional; FHA; VA Loan
- Fencing
- None
- Interior Features
- Ceiling Fan(s)
- Garage & Parking
- Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0
- Heated SqFt
- 1200 - 1399
- Heating
- Heat Pump
- Heating System Fuel Source
- Electric
- Patio and Porch Features
- Front Porch
- Parking Features
- Off Street
- Roof
- Shingle
- Road Type/Frontage
- Paved; Public (City/Cty/St)
- Levels
- One
- Separate Living Spcs
- Guest House Desc: 1 Bed, 1 Bath, 736sf
- Utilities
- Sewer Connected; Water Connected
- Sewer
- Municipal Sewer
- Water Source
- Municipal Water
- Construction Type
- Stick Built
- View Type
- None
- Frontage Type
- None
- Deed Book
- 6787
- Deed Page
- 2003
- Plat Book
- 7
- PID
- R07213-010-003-000
- Tax Identifier
- R07213-010-003-000
- Plat Page
- 59-60
- Special Assessments
- Unknown
- Legal
- LOT 3 CHANNEL HAVEN MASONBOR
- Directions to Property
- From CVS at 3625 College Rd, head toward Waltmoor Rd and turn onto NC-132 S (College Rd). Continue for approximately 1.3 miles, then bear left onto Mohican Trail. Continue another 1.3 miles and turn left onto Masonboro Loop Rd. 4615 Masonboro Loop Rd, Wilmington, NC 28409, will be on your right.