Opportunity awaits in a highly desirable Wilmington location in the 28409! This ranch home is best suited for a buyer with vision, whether for a full renovation or major restoration. The home is being sold as-is and will require significant work, but the lot, location, and surrounding area offer strong potential for the right buyer, investor, or builder. Bring your contractor, your plans, and your imagination.
Sold for $275,000
Zestimate®
$275,000
18 Pelican Point Road, Wilmington, NC 28409
3beds
1,432sqft
Single Family Residence
Built in 1972
0.34 Acres Lot
$275,000 Zestimate®
$192/sqft
$2,255 Estimated rent
Home value
$275,000
$261,000 - $289,000
$2,255/mo
Zestimate® history
Owner options
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$2,255/mo
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$1,604/mo
Est. payment
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$1,604/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Neil Leonard 910-540-5767,
Berkshire Hathaway HomeServices Carolina Premier Properties
Bought with:
Joanna King Wallace, 278114
Intracoastal Realty Corporation
Rachel F Olds, 338590
Intracoastal Realty Corporation
Source: Hive MLS,MLS#: 100586119
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Bedroom 1, Bedroom 2, Living Room, Family Room, Fnshd Room over Garage, Dining Room
Primary bedroom
- Level: First
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Family room
- Level: First
Other
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric, Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Laundry: Dryer Hookup, Washer Hookup, In Garage
Features
- Ceiling Fan(s)
- Flooring: Laminate
- Basement: None
Interior area
- Total structure area: 1,432
- Total interior livable area: 1,432 sqft
Property
Parking
- Parking features: Garage Faces Front, Off Street, Garage
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Patio & porch: Front Porch
- Exterior features: None
- Pool features: None
- Fencing: Chain Link,Partial,Back Yard
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 0.34 Acres
Details
- Parcel number: R07213005016000
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: Pelican Point
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $388,100
- Annual tax amount: $1,468
- Date on market: 7/2/2026
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Sold | $275,000$192/sqft |
Source:  Hive MLS #100586119 Report a problem | ||
| 7/6/2026 | Pending sale | $275,000$192/sqft |
Source: Hive MLS #100586119 Report a problem | ||
| 7/2/2026 | Listed for sale | $275,000$192/sqft |
Source: Hive MLS #100586119 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $808 +23.1% | $388,100 +74% |
| 2024 | $656 +0.9% | $223,000 |
| 2023 | $650 -0.8% | $223,000 |
| 2022 | $656 +5.4% | $223,000 |
| 2021 | $622 +12.8% | $223,000 +27.8% |
| 2020 | $552 | $174,500 |
| 2019 | $552 | $174,500 |
| 2018 | $552 -50% | $174,500 |
| 2017 | $1,104 -3.9% | $174,500 +5.2% |
| 2016 | $1,149 +7.6% | $165,800 |
| 2015 | $1,068 +1.7% | $165,800 |
| 2014 | $1,050 | $165,800 |
| 2013 | -- | $165,800 |
| 2012 | -- | $165,800 -15.7% |
| 2011 | -- | $196,571 |
| 2010 | -- | $196,571 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $118,188 |
| 2004 | -- | $118,188 |
| 2003 | -- | $118,188 |
| 2002 | -- | $118,188 |
| 2001 | -- | $118,188 |
| 2000 | -- | $118,188 |
Find assessor info on the county website
Neighborhood: Masonboro
Nearby homes
- $442,7003 bd2 ba1.6k sqft14 Pelican Point Rd, Wilmington, NC 28409Off Market
- $395,0003 bd2 ba1.4k sqft22 Pelican Point Rd, Wilmington, NC 28409Off Market
- $472,8004 bd3 ba2k sqft117 Sound View Dr, Wilmington, NC 28409Off Market
- $644,6000.43 Acres121 Sound View Dr, Wilmington, NC 28409Off Market
- $641,1001 bd1 ba970 sqft10 Pelican Point Rd, Wilmington, NC 28409Off Market
- $444,8003 bd2 ba1.8k sqft26 Pelican Point Rd, Wilmington, NC 28409Off Market
- $602,7004 bd3 ba2.8k sqft109 Sound View Dr, Wilmington, NC 28409Off Market
- $515,0003 bd2 ba1.7k sqft17 Pelican Point Rd, Wilmington, NC 28409Sold
Nearby schools
GreatSchools rating
- 10/10Masonboro Elementary SchoolGrades: K-5Distance: 1.7 mi
- 9/10Myrtle Grove MiddleGrades: 6-8Distance: 1.6 mi
- 6/10John T Hoggard HighGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Masonboro Elementary
- Middle: Myrtle Grove
- 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
$275,000
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
$275,000
- North Carolina
- New Hanover County
- Wilmington
- 28409
- Masonboro
- 18 Pelican Point Road
Nearby cities
Nearby neighborhoods
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