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.
For sale
Price cut: $10K (8/31)
$339,900
109 Pine Clay Road, Wilmington, NC 28403
4beds
1,075sqft
Single Family Residence
Built in 1945
0.34 Acres Lot
$335,700 Zestimate®
$316/sqft
$-- HOA
What's special
Covered front porchCharming cottage-style main houseDetached aduWooded privacyPrivate wooded lotKitchen improvementsMature trees
- 137 days
- 3,107
- 297
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mark C Reiser 910-352-6110,
Coastal Properties
Source: Hive MLS,MLS#: 100574386
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom 1, Bedroom 2, Bedroom 3, Master Bedroom, Studio, Living Room, Bathroom 1, Bathroom 2
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Washer, Refrigerator, Range, Dryer, Dishwasher, Electric Range
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Features
- Master Downstairs, Walk-in Closet(s), Apt/Suite, Pantry, Walk-in Shower, Walk-In Closet(s)
- Flooring: LVT/LVP
- Basement: None
- Attic: Access Only
- Has fireplace: No
Interior area
- Total structure area: 1,075
- Total interior livable area: 1,075 sqft
Property
Parking
- Parking features: Off Street, On Site, Unpaved
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Deck, Porch, Front Porch, Side Porch
- Fencing: Wood
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
Lot
- Size: 0.34 Acres
- Dimensions: 80 x 190
- Features: Level, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: R05013006009000
- Zoning: R-20
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal Siding, Vinyl Siding, Wood Siding, Wood Frame
- Foundation: Raised, Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: College Acres
HOA
- Has HOA: No
- Amenities included: See Remarks, Other
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $316/sqft
- Tax assessed value: $349,500
- Annual tax amount: $2,056
- Date on market: 6/4/2026
- Cumulative days on market: 137 days
- Listing agreement: Blanket Listing Agreement
- Listing terms: Commercial,Cash,Conventional,VA Loan,Private Financing Available
- Lease term: Month To Month
Estimated market value
$335,700
$319,000 - $352,000
$2,754/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $339,900-2.9%$316/sqft |
Source: | ||
| 8/10/2026 | Price change | $349,900-2.8%$325/sqft |
Source: | ||
| 8/1/2026 | Price change | $359,900-1.4%$335/sqft |
Source: | ||
| 7/12/2026 | Price change | $365,000-2.7%$340/sqft |
Source: | ||
| 6/3/2026 | Listed for sale | $375,000$349/sqft |
Source: | ||
| 5/21/2026 | Contingent | $375,000$349/sqft |
Source: | ||
| 5/16/2026 | Listed for sale | $375,000+145.1%$349/sqft |
Source: | ||
| 12/19/2023 | Listing removed | -- |
Source: Hive MLS #100417267 Report a problem | ||
| 12/4/2023 | Listed for rent | $1,000-37.5%$1/sqft |
Source: Hive MLS #100417267 Report a problem | ||
| 1/28/2023 | Listing removed | -- |
Source: Hive MLS Report a problem | ||
| 12/12/2022 | Listed for rent | $1,600-11.1%$1/sqft |
Source: Hive MLS Report a problem | ||
| 9/30/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/30/2022 | Listed for rent | $1,800+28.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2021 | Listing removed | -- |
Source: Hive MLS Report a problem | ||
| 12/2/2020 | Price change | $1,400-6.7%$1/sqft |
Source: Coastal ERA #100246248 Report a problem | ||
| 11/20/2020 | Listed for rent | $1,500-11.8%$1/sqft |
Source: Coastal ERA #100246248 Report a problem | ||
| 5/29/2020 | Listing removed | $1,700$2/sqft |
Source: Coastal ERA #100212324 Report a problem | ||
| 5/29/2020 | Price change | $1,700+13.3%$2/sqft |
Source: Coastal ERA #100212324 Report a problem | ||
| 5/3/2020 | Price change | $1,500-3.2%$1/sqft |
Source: Coastal ERA #100212324 Report a problem | ||
| 4/15/2020 | Price change | $1,550-22.5%$1/sqft |
Source: Coastal ERA #100212324 Report a problem | ||
| 4/5/2020 | Listed for rent | $2,000+220%$2/sqft |
Source: Coastal ERA #100212324 Report a problem | ||
| 2/7/2011 | Listing removed | $625$1/sqft |
Source: Postlets Report a problem | ||
| 1/20/2011 | Price change | $625+4.2%$1/sqft |
Source: Postlets Report a problem | ||
| 1/8/2011 | Listed for rent | $600$1/sqft |
Source: Postlets Report a problem | ||
| 8/3/2006 | Sold | $153,000+33%$142/sqft |
Source: Public Record Report a problem | ||
| 5/21/2004 | Sold | $115,000+13.9%$107/sqft |
Source: | ||
| 4/17/2003 | Sold | $101,000$94/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,057 +16.7% | $349,500 +72.6% |
| 2024 | $1,762 +3% | $202,500 |
| 2023 | $1,711 -0.6% | $202,500 |
| 2022 | $1,721 -0.7% | $202,500 |
| 2021 | $1,733 -12.4% | $202,500 +7.9% |
| 2020 | $1,977 | $187,700 |
| 2019 | $1,977 | $187,700 |
| 2018 | $1,977 | $187,700 |
| 2017 | $1,977 +26.1% | $187,700 +32.7% |
| 2016 | $1,568 +4.6% | $141,500 |
| 2015 | $1,498 +4.4% | $141,500 |
| 2014 | $1,435 | $141,500 +27% |
| 2013 | -- | $111,400 |
| 2012 | -- | $111,400 -13.2% |
| 2011 | -- | $128,373 |
| 2010 | -- | $128,373 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $62,620 |
| 2004 | -- | $62,620 |
| 2003 | -- | $62,620 |
| 2002 | -- | $62,620 |
| 2001 | -- | $62,620 |
| 2000 | -- | $62,620 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: College Acres/Autumn Hall
Nearby schools
Schools provided by the listing agent
- Elementary: College Park
- Middle: Noble
- High: New Hanover
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





