Under contract

Price cut: $10K (2/20)

$265,000

5207 Castle Hayne Rd Road, Castle Hayne, NC 28429

2beds

864sqft

Est.:

Single Family Residence

Built in 1942

0.5 Acres Lot

$255,200 Zestimate^®

$307/sqft

$-- HOA

What's special

Great Opportunity with B-2 Zoning! Welcome to 5207 Castle Hayne Rd, a versatile property offering both residential comfort and commercial potential! This charming 2-bedroom, 1-bath home sits on a spacious lot and is currently used as a residence—but is zoned B-2 Commercial, opening the door to a variety of business and investment possibilities. Whether you're looking for a live/work situation, a rental property, or a future site for your business, this location offers excellent visibility and access along Castle Hayne Rd. With close proximity to I-40, downtown Wilmington, and surrounding commercial developments, the possibilities are endless. Investor Note: There is currently a lease in place, offering immediate rental income potential for the new owner. Don't miss out on this unique blend of residential charm and commercial opportunity—schedule your showing today!

180 days

916

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Primary Living Area

Dining room

Features: Eat-in Kitchen

Heating

Electric, Heat Pump

Cooling

Central Air

Appliances

Included: None
Laundry: Dryer Hookup, Washer Hookup

Features

None
Flooring: LVT/LVP
Basement: None
Attic: Access Only
Has fireplace: No

Interior area

Total structure area: 864
Total interior livable area: 864 sqft

Property

Parking

Parking features: Unpaved

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Deck, Porch
Fencing: Wire

Lot

Size: 0.5 Acres
Dimensions: 105 x 210 x 105 x 210

Details

Additional structures: Barn(s)
Parcel number: R01100011003000
Zoning: B-2
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Brick/Mortar
Roof: Architectural Shingle

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: None

Community & HOA

Community

Subdivision: Other

HOA

Has HOA: No

Location

Region: Castle Hayne

Financial & listing details

Price per square foot: $307/sqft
Tax assessed value: $172,100
Annual tax amount: $725
Date on market: 9/22/2025
Cumulative days on market: 180 days
Listing agreement: Exclusive Right To Sell
Listing terms: Commercial,Cash,Conventional,FHA,VA Loan
Lease term: 12 Months

Estimated market value

$255,200

$242,000 - $268,000

$1,664/mo

Price history

Date	Event	Price
3/16/2026	Contingent	$265,000$307/sqft
Source: Hive MLS #100532002 Report a problem
2/20/2026	Price change	$265,000-3.6%$307/sqft
Source: Hive MLS #100532002 Report a problem
11/11/2025	Price change	$275,000-8.3%$318/sqft
Source: Hive MLS #100532002 Report a problem
9/22/2025	Listed for sale	$300,000+1400%$347/sqft
Source: Hive MLS #100532002 Report a problem
12/1/1995	Sold	$20,000$23/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$725 +18.5%	$172,100 +67.1%
2024	$612 +1%	$103,000
2023	$606 -0.8%	$103,000
2022	$611 +6.1%	$103,000
2021	$576 -36.1%	$103,000 -27.8%
2020	$902	$142,600
2019	$902 +33.3%	$142,600
2018	$676 -25%	$142,600
2017	$902 +37.4%	$142,600 +50.6%
2016	$656 +7.6%	$94,700
2015	$610 +1.7%	$94,700
2014	$599	$94,700
2013	--	$94,700
2012	--	$94,700 -2.8%
2011	--	$97,464
2010	--	$97,464
2009	--	--
2008	--	--
2007	--	--
2005	--	$42,151
2004	--	$42,151
2003	--	$42,151
2002	--	$42,151
2001	--	$42,151
2000	--	$42,151