Not In Subdivision Homes with Winter Park Elementary school

Not In Subdivision Homes with Winter Park Elementary school

Welcome to the enchanting community of Wilmington, North Carolina, where the charm of coastal living meets the allure of vibrant city life. Nestled in New Hanover County, this area is not defined by a single subdivision, allowing for a unique blend of homes that cater to a variety of lifestyles. Whether you’re looking for a cozy bungalow or a spacious family residence, the properties here offer something for everyone.

One of the standout features of this charming locale is its close proximity to Winter Park Elementary School. Families with young children will appreciate the convenience of having a highly-rated school just a stone's throw away. This school is known for its dedicated staff and nurturing environment, making it an ideal place for your little ones to learn and grow.

Beyond education, Wilmington boasts a vibrant community filled with parks, shops, and dining options that cater to all tastes. Enjoy a leisurely stroll through the historic downtown area, or take a short drive to the stunning beaches that make this region famous. With a mild climate year-round, outdoor enthusiasts can indulge in activities like hiking, biking, and water sports, all while soaking in the beautiful North Carolina sunshine.

In this area, you’ll find homes that not only provide comfort and style but also foster a sense of community and belonging. Explore the possibilities of living in this delightful part of Wilmington, where every day feels like a vacation, and the perfect home awaits you!

Newest Not In Subdivision Homes with Winter Park Elementary school

$3,495,000
4 Beds 3 Baths 100560546 MLS ACTIVE Status
A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. All six are homes are fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.

4946 Wrightsville Ave, Wilmington

Start Your Search