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Sold for $490,000
  • $490,000

    115 Forest Hills Drive, Wilmington, NC 28403

    4beds
    2,476sqft
    Single Family Residence
    Built in 1930
    0.69 Acres Lot
    $-- Zestimate®
    $198/sqft
    $3,191 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,191/mo

    Zestimate® history
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    What's special

    Swimming poolOversized lotPlay areasMulti-car garageFunctional exterior living spacesFurther expansion
    Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new. The existing structures offer flexible options — renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft — perfect for rental income, guest quarters, or multigenerational living. Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion. Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area. Endless possibilities await — bring your vision to life in Forest Hills.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey G Hovis 910-512-2205,

    Intracoastal Realty Corporation

    Bought with:

    Team Archer

    Brick & Mojo, LLC

    Source: Hive MLS,MLS#: 100508665MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump
    Features
    • None
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,896
    • Total interior livable area: 2,476 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off Street, Paved
    • Garage spaces: 1
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: None
    • Fencing: Back Yard
    • Has view: Yes
    • View description: See Remarks
    • Frontage type: See Remarks
    Lot
    • Size: 0.69 Acres
    • Dimensions: 100 x 300
    Details
    • Parcel number: R04820011022000
    • Zoning: R-15
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Wood Frame
    • Foundation: Raised, Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Forest Hills
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $422,000
    • Annual tax amount: $3,671
    • Date on market: 11/26/2025
    • Cumulative days on market: 232 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/2/2026Sold$490,000-1%$198/sqft
    Source: Hive MLS #100508665 Report a problem
    1/20/2026Contingent$495,000$200/sqft
    Source: Hive MLS #100508665 Report a problem
    1/15/2026Price change$495,000-2.8%$200/sqft
    Source: Hive MLS #100508665 Report a problem
    1/9/2026Price change$509,000-3.9%$206/sqft
    Source: Hive MLS #100508665 Report a problem
    12/5/2025Price change$529,900-1.9%$214/sqft
    Source: Hive MLS #100508665 Report a problem
    11/26/2025Listed for sale$539,900-1.8%$218/sqft
    Source: Hive MLS #100508665 Report a problem
    11/12/2025Contingent$549,900$222/sqft
    Source: Hive MLS #100508665 Report a problem
    10/31/2025Price change$549,900-5.2%$222/sqft
    Source: Hive MLS #100508665 Report a problem
    10/27/2025Price change$579,900-1.7%$234/sqft
    Source: Hive MLS #100508665 Report a problem
    10/21/2025Price change$589,900-1.7%$238/sqft
    Source: Hive MLS #100508665 Report a problem
    9/29/2025Price change$599,900-1.7%$242/sqft
    Source: Hive MLS #100508665 Report a problem
    9/16/2025Price change$610,000-6%$246/sqft
    Source: Hive MLS #100508665 Report a problem
    6/26/2025Price change$649,000-1.5%$262/sqft
    Source: Hive MLS #100508665 Report a problem
    6/11/2025Price change$659,000-5.7%$266/sqft
    Source: Hive MLS #100508665 Report a problem
    5/20/2025Listed for sale$699,000+74.8%$282/sqft
    Source: Hive MLS #100508665 Report a problem
    10/27/2005Sold$400,000$162/sqft
    Source: Hive MLS #30354918 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,501 +22.6%$764,900 +81.3%
    2024$3,671 +3%$422,000
    2023$3,566 -0.6%$422,000
    2022$3,587 -0.7%$422,000
    2021$3,611 -7.3%$422,000 +14.1%
    2020$3,898 $370,000
    2019$3,898 $370,000
    2018$3,898 $370,000
    2017$3,898 -6%$370,000 -1.2%
    2016$4,148 +4.6%$374,400
    2015$3,965 +4.4%$374,400
    2014$3,796 $374,400
    2013-- $374,400
    2012-- $374,400 -20.5%
    2011-- $471,107
    2010-- $471,107
    2009-- --
    2007-- --
    2005-- $259,766
    2004-- $259,766
    2003-- $259,766
    2002-- $259,766
    2001-- $259,766
    2000-- $259,766
    Find assessor info on the county website

    Neighborhood: Forest Hills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Forest Hills
    • Middle: Williston
    • 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.

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