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Sold for $1,275,000
  • $1,275,000

    111 Magnolia Drive, Wilmington, NC 28409

    3beds
    2,339sqft
    Single Family Residence
    Built in 1974
    2.51 Acres Lot
    $1,268,700 Zestimate®
    $545/sqft
    $2,787 Estimated rent

    Home value

    $1,268,700

    $1.18M - $1.36M

    $2,787/mo

    Zestimate® history
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    What's special

    Beautiful hardwood floorsCharming three-bedroom two-bath homeAbundant storage throughout
    Nestled in the woods just off Masonboro Sound Road, this charming three-bedroom, two-bath home sits on a private 2.513-acre lot. Inside, you'll find beautiful hardwood floors, abundant storage throughout, and a primary bedroom conveniently located on the main floor. A set of triplet French doors adorns the front porch. A double-sided fireplace adds warmth and architectural interest. The home is perched high on the land, offering privacy and peace of mind. With no HOA and deeded water rights to Hewletts Creek, this property offers a rare blend of seclusion and coastal access. While the address is Magnolia Drive, the driveway entrance is located off No Name Road. Also, please note that this property is in the Painted Bunting's migratory pattern arriving in coastal North Carolina mid-April to breed. Location is so quiet and secluded you can usually hear the ocean from the property, and sometimes the faint sound of sea buoys. Covenants and Restictions, plus deeded water access in documents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary M Bridges 910-612-7077,

    The Saltwater Agency LLC,

    John A OConnor 910-617-7909,

    The Saltwater Agency LLC

    Bought with:

    Marian P Wright, 137542

    Coldwell Banker Sea Coast Advantage

    Source: Hive MLS,MLS#: 100554424MLS LogoOriginating MLS: Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Master Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Dining Room, Family Room, Living Room, Laundry
    Primary bedroom
    • Level: Ground
    • Dimensions: 14.4 x 13.1
    Bedroom 2
    • Level: Second
    • Dimensions: 15.4 x 10.4
    Bedroom 3
    • Level: Second
    • Dimensions: 19.3 x 15.4
    Bonus room
    • Level: Second
    • Dimensions: 17.8 x 6.7
    Dining room
    • Level: First
    • Dimensions: 11.3 x 13.7
    Family room
    • Level: First
    • Dimensions: 13 x 14.7
    Kitchen
    • Level: First
    • Dimensions: 11.3 x 14.7
    Laundry
    • Level: First
    • Dimensions: 11.3 x 9.5
    Living room
    • Level: First
    • Dimensions: 23.5 x 17.6
    Heating
    • Propane, Heat Pump, Fireplace(s), Electric
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Gas Cooktop, Washer, Refrigerator, Dryer, Dishwasher, Gas Range
    • Laundry: Laundry Room
    Features
    • Gas Log
    • Flooring: Hardwood
    • Basement: None
    • Attic: Access Only,Scuttle
    • Has fireplace: Yes
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 2,339
    • Total interior livable area: 2,339 sqft

    Property

    Parking
    • Parking features: Gravel, No Garage
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Patio & porch: Deck, Front Porch
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: See Remarks
    • Waterfront features: Pier, Cove, Deeded Water Access, Deeded Water Rights, Salt Marsh, Water Depth 4+
    • Frontage type: See Remarks
    Lot
    • Size: 2.51 Acres
    • Dimensions: 259 x 435 x 266 x 390
    • Features: Wooded, Boat Dock, Cove, Deeded Water Access, Deeded Water Rights, Pier, Salt Marsh, Water Depth 4+
    Details
    • Parcel number: R06700002028000
    • Zoning: R-20
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Masonboro Sound
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $545/sqft
    • Tax assessed value: $628,000
    • Annual tax amount: $3,695
    • Date on market: 2/13/2026
    • Cumulative days on market: 28 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/25/2026Sold$1,275,000-5.6%$545/sqft
    Source: Hive MLS #100554424 Report a problem
    3/12/2026Pending sale$1,349,999$577/sqft
    Source: Hive MLS #100554424 Report a problem
    2/13/2026Listed for sale$1,349,999$577/sqft
    Source: Hive MLS #100554424 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,696 -0.9%$628,000 +46.6%
    2024$3,728 +3%$428,500
    2023$3,621 -0.6%$428,500
    2022$3,642 -0.7%$428,500
    2021$3,667 +3.9%$428,500 +27.9%
    2020$3,529 $335,000
    2019$3,529 $335,000
    2018$3,529 $335,000
    2017$3,529 -11.7%$335,000 -7.2%
    2016$3,998 +4.6%$360,800
    2015$3,821 +4.4%$360,800
    2014$3,659 $360,800
    2013-- $360,800
    2012-- $360,800 -15.3%
    2011-- $426,081
    2010-- $426,081
    2009-- --
    2008-- --
    2007-- --
    2005-- $286,847
    2004-- $286,847
    2003-- $286,847
    2002-- $286,847
    2001-- $286,847
    2000-- $286,847
    Find assessor info on the county website

    Neighborhood: Masonboro

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Roland Grise
    • High: Hoggard

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,268,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,268,700