B-1 Zoning! Location, location, location, Run a business here, live in it or both!
"Seize the Opportunity: Invest in Tomorrow's Hotspot Today!" Offered for rent or sale .
Step into a piece of history with this charming Cape Cod home, nestled on one of the last expansive .45 acre lots in Wilmington. Built in 1945, this 3,700 sq ft treasure offers 5 bedrooms, 2.5 baths, and a 1,000 sq ft unfinished attic, all priced well below market value due to its need for a little TLC. Imagine the possibilities!
**Prime Location, Unmatched Potential
- **Secluded Yet Central
Enjoy the tranquility of a .45-acre lot with the convenience of being just 0.5 miles from the airport, 2 miles from downtown, and a short drive to beaches and major bypasses.
- **Cost-Effective Living
Benefit from well and septic systems, reducing your utility bills.
**Growth Epicenter
Situated in a dynamic and rapidly evolving area, this property is at the heart of significant development projects. A notable $2.8 million investment has been made for land to develop a Royal Farms Gas Station famous for its delectable chicken at the strategic corner of 23rd and Castle Hayne Road, with additional locations planned further along the road and throughout Wilmington. The nearby airport is host to a sprawling 140-acre business park, featuring esteemed tenants such as 84 Lumber, Fat Cat Pottery, Southern Sass Hair Salon, and Battle Laser Tag. This park will also include the largest industrial facility in Wilmington, a 500,000 sq ft center for Frontier Scientific. Furthermore, Zephyr Development, formerly known as USA InvestCO and renowned for its transformative work on the Northern Downtown Riverfront, is developing a new 220,000 sq ft industrial park off Blue Clay Road. The area is further enriched by the emergence of five new neighborhoods along Castle Hayne Road, a Tractor Supply outlet, and the approval of 53 townhouses off of Brentwood. These developments underscore the area's vibrant growth and potential.
This is your chance to be ahead of the curve!
**Why Rent-to-Own or Seller Financing
- **Invest in Your Future
With massive growth and development surrounding you, watch your property value soar.
- **Flexible Financing Options
Make this dream home yours with tailored financial solutions that suit your needs. If interest rates or credit concerns are on your mind, worry not! We offer flexible terms tailored to your needs, or you can choose to purchase the property outright. This is your chance to secure a valuable asset in a burgeoning area with ease and confidence.
**Be a Visionary
While the area may currently appear sleepy, it's on the brink of explosive growth that will soon transform it into a picturesque community. This isn't just a home; it's an opportunity to be part of Wilmington's exciting future. Act now and secure your place in this burgeoning community! DO NOT MISS OUT and then complain because you cant afford the area once it explodes!
**SHOWINGS MUST BE SCHEDULED. PEOPLE LIVE ON THE SITE. DO NOT DRIVE ON THE PROPERTY OR WALK ON IT.
1 year lease with option to renew. If seller financing or option, terms to be agreed upon by both parties.
Sold for $200,000
$200,000
120 Yorktown Dr, Wilmington, NC 28401
7beds
3,700sqft
Single Family Residence
Built in ----
-- sqft lot
$483,500 Zestimate®
$54/sqft
$4,594 Estimated rent
Home value
$483,500
$459,000 - $508,000
$4,594/mo
Zestimate® history
Owner options
List your home for rent
$4,594/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,594/mo
Rent Zestimate®
Refinance and save
$1,231/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,231/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Window Unit
Appliances
- Included: Oven, Refrigerator, WD Hookup
- Laundry: Hookups
Features
- WD Hookup
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,700 sqft
Property
Parking
- Parking features: Detached, Off Street
- Details: Contact manager
Details
- Parcel number: R04106003001000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $3,480
- Pet deposit fee: $250
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $189,900
- Annual tax amount: $1,066
- Date on market: 5/6/2025
- Date available: 05/28/2025
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Sold | $200,000-60%$54/sqft |
Source: Public Record Report a problem | ||
| 12/18/2025 | Contingent | $499,900$135/sqft |
Source: | ||
| 12/3/2025 | Listed for sale | $499,900$135/sqft |
Source: | ||
| 11/29/2025 | Listing removed | $499,900$135/sqft |
Source: | ||
| 8/1/2025 | Listed for sale | $499,900-25.9%$135/sqft |
Source: | ||
| 6/7/2025 | Listing removed | $3,480$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/6/2025 | Listed for rent | $3,480$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/14/2024 | Listing removed | -- |
Source: | ||
| 4/20/2024 | Listed for sale | $675,000+159.6%$182/sqft |
Source: | ||
| 8/29/2023 | Sold | $260,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,066 +90.1% | $189,900 +0.6% |
| 2023 | $561 -0.8% | $188,700 |
| 2022 | $566 +7% | $188,700 |
| 2021 | $529 +10.2% | $188,700 +24.4% |
| 2020 | $480 | $151,700 |
| 2019 | $480 | $151,700 |
| 2018 | $480 | $151,700 |
| 2017 | $480 -14.1% | $151,700 -5.8% |
| 2016 | $558 -46.2% | $161,100 |
| 2015 | $1,037 +1.7% | $161,100 |
| 2014 | $1,020 | $161,100 |
| 2013 | -- | $161,100 |
| 2012 | -- | $161,100 -23% |
| 2011 | -- | $209,121 |
| 2010 | -- | $209,121 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $111,924 |
| 2004 | -- | $111,924 |
| 2003 | -- | $111,924 |
| 2002 | -- | $111,924 |
| 2001 | -- | $111,924 |
| 2000 | -- | $111,924 |
Find assessor info on the county website
Neighborhood: Hightsville
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Nearby schools
GreatSchools rating
- 3/10Wrightsboro ElementaryGrades: PK-5Distance: 1.3 mi
- 8/10Holly Shelter Middle SchoolGrades: 6-8Distance: 5.6 mi
- 3/10New Hanover HighGrades: 9-12Distance: 2.6 mi
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
$483,500
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
$483,500
- North Carolina
- New Hanover County
- Wilmington
- 28401
- Hightsville
- 120 Yorktown Dr