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For sale
  • $498,500

    38 Pelican Point Road, Wilmington, NC 28409

    3beds
    1,955sqft
    : 
    $2,873/mo
    Get pre-qualified
    Single Family Residence
    Built in 1972
    0.34 Acres Lot
    $481,100 Zestimate®
    $255/sqft
    $-- HOA

    What's special

    This is the type of location that makes the Wilmington lifestyle so special. Beautifully renovated brick ranch on a quiet dead-end street in the heart of Masonboro loop with NO HOA dues, a large private lot, and some of the best convenience Wilmington has to offer. Anyone who loves the water, this location is hard to beat. Trails End Boat Launch is just seconds away. Whether you're launching the boat, taking the family out for a day on the water, fishing, kayaking, or simply enjoying everything the Intracoastal and surrounding waterways have to offer, this is a piece of the Wilmington dream. Add in the Hoggard school district, close proximity to Wrightsville/Carolina beach, and a major renovation. You have a combination on your hands that's tough to find. This home has been thoughtfully updated from top to bottom in 2022. Renovation included just about everything like the roof, windows with transferable warranty, HVAC with 10-year transferable warranty, full kitchen, new plumbing, new LVP flooring, updated primary bathroom with tiled shower, new toilets and plumbing fixtures, new electrical fixtures inside and out, new ceiling fans, and finally some fresh paint. Upstairs is a medium sized bonus room that gives you flexibility for a 4th bedroom, home office, kids' space, gym, or second living area. The glassed-in lanai provides another great space to enjoy the home and has its own mini-split system. The lanai is not included in the listed square footage. Outside, the 1/3+ acre lot offers mature landscaping, privacy, and plenty of room to enjoy the property. This is the kind of home that gives you the best of both worlds -- a turnkey renovation in a highly desirable school district, while still giving you the space, privacy, and water access that make this location so desirable. No HOA. Incredible school district. Seconds to the boat launch. Close to the beaches. Large private lot. Quality renovation. Single level living.
    8 days
    2,251
    276

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Hunter Malone 336-209-1136,

    Intracoastal Realty Corporation

    Source: Hive MLS,MLS#: 100598592MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Dining Room, Living Room, Breakfast Nook, Bonus Room, Master Bedroom, Bedroom 2, Bedroom 3
      Primary bedroom
      • Level: First
      • Dimensions: 13 x 12
      Bedroom 2
      • Level: First
      • Dimensions: 10 x 12
      Bedroom 3
      • Level: First
      • Dimensions: 11 x 9
      Bonus room
      • Level: First
      • Dimensions: 12 x 26
      Breakfast nook
      • Level: First
      • Dimensions: 10 x 6
      Dining room
      • Level: First
      • Dimensions: 10 x 20
      Dining room
      • Level: First
      • Dimensions: 10 x 12
      Living room
      • Level: First
      • Dimensions: 14 x 16
      Heating
      • Heat Pump, Fireplace(s), Electric
      Cooling
      • Central Air, Heat Pump
      Features
      • Kitchen Island
      • Basement: Crawl Space
      • Has fireplace: Yes
      Interior area
      • Total structure area: 1,955
      • Total interior livable area: 1,955 sqft

      Property

      Parking
      • Parking features: Garage Faces Front, Unpaved, On Site, Paved
      Features
      • Levels: One
      • Patio & porch: Covered, Enclosed, Rear Porch
      • Fencing: Back Yard
      • Has view: Yes
      • View description: ICW
      • Frontage type: See Remarks
      Lot
      • Size: 0.34 Acres
      • Dimensions: 130 x 130
      Details
      • Parcel number: R07213005011000
      • Zoning: R-15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Wood Frame
      • Foundation: Crawl Space
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Pelican Point
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $255/sqft
      • Tax assessed value: $458,500
      • Annual tax amount: $1,735
      • Date on market: 8/24/2026
      • Cumulative days on market: 8 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        $481,100

        $457,000 - $505,000

        $2,481/mo

        Price history

        DateEventPrice
        8/24/2026Listed for sale$498,500+6.5%$255/sqft
        Source: Hive MLS #100598592 Report a problem
        10/27/2023Sold$468,000-0.4%$239/sqft
        Source: Hive MLS #100405728 Report a problem
        9/25/2023Pending sale$470,000$240/sqft
        Source: Hive MLS #100405728 Report a problem
        9/25/2023Price change$470,000+2.2%$240/sqft
        Source: Hive MLS #100405728 Report a problem
        9/22/2023Listed for sale$460,000+84%$235/sqft
        Source: Hive MLS #100405728 Report a problem
        3/29/2023Sold$250,000$128/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,809 +23.4%$458,500 +72%
        2024$1,466 +9.8%$266,500 +9.9%
        2023$1,335 -0.9%$242,500
        2022$1,347 +0.5%$242,500
        2021$1,340 +8.7%$242,500 +24.4%
        2020$1,233 +0.6%$194,900 +0.6%
        2019$1,226 $193,800
        2018$1,226 $193,800
        2017$1,226 +1.3%$193,800 +11%
        2016$1,210 +7.6%$174,600
        2015$1,124 +1.7%$174,600
        2014$1,105 $174,600
        2013-- $174,600
        2012-- $174,600 -11.4%
        2011-- $197,073
        2010-- $197,073
        2009-- --
        2008-- --
        2007-- --
        2005-- $126,923
        2004-- $126,923
        2003-- $126,923
        2002-- $126,923
        2001-- $126,923
        2000-- $126,923
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Masonboro

        Getting around

        9 / 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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