For sale

Price cut: $5K (8/3)

$400,000

702 Tiara Drive, Wilmington, NC 28412

3beds

1,764sqft

$2,628/mo

Get pre-qualified

Townhouse

Built in 1997

2,614 Square Feet Lot

$397,800 Zestimate^®

$227/sqft

$278/mo HOA

What's special

Updated lighting fixturesPond viewsSolid hardwood floors

3 Bedroom 2.5 bathroom meticulously maintained TURN KEY townhome located in Tiara Park at The Cape. All of the heavy lifting has been taken care of for the next owner. Painting, Landscaping, Irrigation System, Crawlspace Encapsulation, Reverse Osmosis Water Filtration, Security System as well as many more updates. The home offers pond views and backs up to the previous Masonboro Golf Course, nearly 270 acres with cart paths carved in between. The home offers a 1st floor Master Bedroom and 2 story vaulted ceilings in both the living and dining rooms. Throughout the home are solid hardwood floors and many updated lighting fixtures. The garage includes a brand new epoxy floor and has been freshly painted. Off of the main living area you will find the sunroom which opens up to the rear deck that offers a custom bar that overlooks both the flawless landscape. In addition to the views, the rear deck includes a motorized awning that will provide ample shade during the summer months.

46 days

790

62

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3

Primary bedroom

Level: First
Dimensions: 16 x 121

Bedroom 2

Level: Second
Dimensions: 143 x 144

Bedroom 3

Level: Second
Dimensions: 121 x 101

Dining room

Level: First
Dimensions: 1411 x 65

Kitchen

Level: First
Dimensions: 125 x 1011

Living room

Level: First
Dimensions: 192 x 183

Heating

Fireplace(s), Electric, Forced Air, Heat Pump

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Oven, Water Softener, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Water Purifier
Laundry: Dryer Hookup, Washer Hookup

Features

Master Downstairs, Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Solid Surface, Walk-in Shower, Gas Log, Walk-In Closet(s)
Flooring: Tile, Hardwood
Basement: None
Attic: Pull Down Stairs
Has fireplace: Yes
Fireplace features: Gas Log

Interior area

Total structure area: 1,764
Total interior livable area: 1,764 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front, Attached, Concrete, Off Street, Paved, Garage, Parking Pad
Attached garage spaces: 2

Features

Levels: Two
Patio & porch: Covered, Deck, Enclosed, Porch, Glass Enclosed, Rear Porch
Exterior features: Irrigation System, Gas Log
Fencing: None
Has view: Yes
View description: Pond, Water
Has water view: Yes
Water view: Pond,Water
Waterfront features: None
Frontage type: See Remarks

Lot

Size: 2,614 Square Feet
Dimensions: 74 x 35
Features: See Remarks, Landscaped, Sprinklers in Front, Sprinklers in Rear

Details

Parcel number: R08505002016000
Zoning: R-15
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse

Materials

Brick, Wood Frame
Foundation: Crawl Space
Roof: Architectural Shingle,Composition

Condition

New construction: No
Year built: 1997

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Green energy

Energy efficient items: Thermostat

Community & HOA

Community

Security: Security System, Security System Owned
Subdivision: The Cape

HOA

Has HOA: Yes
Amenities included: Maintenance Grounds, Management, Termite Bond
HOA fee: $990 annually
HOA name: The Cape HOA
HOA phone: 910-395-0081
Second HOA fee: $2,340 annually
Second HOA name: Tiara Park HOA
Second HOA phone: 910-617-1764

Location

Region: Wilmington

Financial & listing details

Price per square foot: $227/sqft
Tax assessed value: $354,600
Annual tax amount: $1,342
Date on market: 7/2/2026
Cumulative days on market: 46 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA

Estimated market value

$397,800

$378,000 - $418,000

$2,247/mo

Price history

Date	Event	Price
8/3/2026	Price change	$400,000-1.2%$227/sqft
Source: Hive MLS #100580746 Report a problem
7/28/2026	Price change	$405,000-4.5%$230/sqft
Source: Hive MLS #100580746 Report a problem
7/22/2026	Price change	$424,000-1.2%$240/sqft
Source: Hive MLS #100580746 Report a problem
7/2/2026	Listed for sale	$429,000$243/sqft
Source: Hive MLS #100580746 Report a problem
6/13/2026	Pending sale	$429,000$243/sqft
Source: BHHS broker feed #100580746 Report a problem
6/13/2026	Contingent	$429,000$243/sqft
Source: Hive MLS #100580746 Report a problem
6/11/2026	Listed for sale	$429,000+18.7%$243/sqft
Source: Hive MLS #100580746 Report a problem
10/11/2023	Sold	$361,500+0.7%$205/sqft
Source: Hive MLS #100404533 Report a problem
9/15/2023	Pending sale	$359,000$204/sqft
Source: Hive MLS #100404533 Report a problem
9/14/2023	Listed for sale	$359,000+123.7%$204/sqft
Source: Hive MLS #100404533 Report a problem
10/28/2002	Sold	$160,500$91/sqft
Source: Hive MLS #30305727 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,416 +13.3%	$354,600 +57.6%
2024	$1,249 +0.5%	$225,000
2023	$1,243 -0.9%	$225,000
2022	$1,255 +0.9%	$225,000
2021	$1,244 +13.5%	$225,000 +29.9%
2020	$1,095	$173,200
2019	$1,095	$173,200
2018	$1,095	$173,200
2017	$1,095 -26.1%	$173,200 -19%
2016	$1,482 +7.6%	$213,900
2015	$1,378 +1.7%	$213,900
2014	$1,354	$213,900
2013	--	$213,900
2012	--	$213,900 -9.4%
2011	--	$236,062
2010	--	$236,062
2009	--	--
2008	--	--
2007	--	--
2005	--	$156,885
2004	--	$156,885
2003	--	$156,885
2002	--	$156,885
2001	--	$156,885
2000	--	$156,885