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For sale
  • Price cut: $100K (6/22)
    $1,095,000

    4000 Masonboro Loop Road, Wilmington, NC 28409

    3beds
    1,344sqft
    : 
    $6,025/mo
    Get pre-qualified
    Single Family Residence
    Built in 1938
    2.11 Acres Lot
    $1,049,100 Zestimate®
    $815/sqft
    $-- HOA

    What's special

    Beautiful hardwood floors
    Situated on 2.11 acres, this unique property offers a 1,300+ square foot, 3-bedroom home surrounded by majestic oak trees and over 600 feet of prominent frontage along Masonboro Loop Road and the Cross-City Trail. The expansive parcel provides exceptional visibility and accessibility and is directly adjacent to a Commercial Business district, presenting a rare opportunity for potential rezoning for commercial or multi-family redevelopment (buyer to verify). Whether you're seeking a private homesite with room to grow or an investment with future development potential, this property offers a compelling blend of location, land, and possibility. The home, while dated, has been well taken care of features beautiful hardwood floors. The grounds boast azalea beds, live oak trees, and an assortment of other plants. - Please do not drive on the property without scheduling an appointment.
    204 days
    |
    456
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Loren E Baysden 910-616-3435,

    Oleander Real Estate LLC

    Source: Hive MLS,MLS#: 100549421MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room, Utility Room
      Primary bedroom
      • Level: First
      • Dimensions: 13 x 13.5
      Bedroom 2
      • Level: First
      • Dimensions: 12.5 x 13.5
      Bedroom 3
      • Level: First
      • Dimensions: 12 x 13.5
      Dining room
      • Level: First
      • Dimensions: 13 x 13
      Kitchen
      • Level: First
      • Dimensions: 12 x 13
      Living room
      • Level: First
      • Dimensions: 15 x 13
      Utility room
      • Description: Pantry
      • Level: First
      • Dimensions: 4.5 x 5.5
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Microwave, Built-In Electric Oven
      • Laundry: Dryer Hookup, Washer Hookup
      Features
      • Ceiling Fan(s), Pantry, Walk-in Shower
      • Flooring: Vinyl, Hardwood
      • Basement: None
      • Attic: Pull Down Stairs
      Interior area
      • Total structure area: 1,344
      • Total interior livable area: 1,344 sqft

      Property

      Parking
      • Parking features: Circular Driveway, Off Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Patio & porch: Covered, Deck, Front Porch
      • Exterior features: None
      • Pool features: None
      • Fencing: Partial,Wood
      • Has view: Yes
      • View description: See Remarks
      • Waterfront features: None
      • Frontage type: See Remarks
      Lot
      • Size: 2.11 Acres
      • Features: Open Lot
      Details
      • Additional structures: Barn(s), Workshop
      • Parcel number: R07200001001001
      • Zoning: R-15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Wood Frame
      • Foundation: Crawl Space
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1938

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected
      Green energy
      • Green verification: None

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      • Amenities included: Sidewalks
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $815/sqft
      • Tax assessed value: $514,600
      • Annual tax amount: $3,028
      • Date on market: 1/15/2026
      • Cumulative days on market: 204 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Commercial,Cash,Conventional

        Estimated market value

        $1,049,100

        $997,000 - $1.10M

        $2,048/mo

        Price history

        DateEventPrice
        6/22/2026Price change$1,095,000-8.4%$815/sqft
        Source: Hive MLS #100549421 Report a problem
        4/14/2026Price change$1,195,000-7.7%$889/sqft
        Source: Hive MLS #100549421 Report a problem
        1/15/2026Listed for sale$1,295,000$964/sqft
        Source: Hive MLS #100549421 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,028 +10.4%$514,600 +63.2%
        2024$2,744 +3%$315,400
        2023$2,665 -0.6%$315,400
        2022$2,681 -1.8%$315,400 -1.2%
        2021$2,731 +27%$319,100 +56.3%
        2020$2,151 $204,200
        2019$2,151 $204,200
        2018-- $204,200
        2017-- $204,200 -5.6%
        2016-- $216,400
        2015$2,292 +4.4%$216,400
        2014$2,194 $216,400
        2013-- $216,400
        2012-- $216,400 -24.7%
        2011-- $287,219
        2010-- $287,219
        2007-- --
        2005-- $146,437 +1.7%
        2004-- $144,053 +20.4%
        2003-- $119,692
        2002-- $119,692
        2001-- $119,692
        2000-- $119,692
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Milbrook

        Getting around

        27 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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