Last Sold Price
3 beds2,472 sqft$218/sqft
41 Pelican Point Rd, Wilmington, NC 28409

Description

Deeded Water Access and Income Potential in Wilmington, NC 1949 SQ FT in main part of house and additional 523 SQ FT attic space converted into living space. This newly renovated ranch home offers a unique opportunity for both homeownership and rental income. Situated on a spacious .65-acre lot with deeded water access, this property, built in 1973, provides a blend of modern living and investment potential. With three bedrooms and two baths in the main house and a separate one-bedroom, one-bath...Deeded Water Access and Income Potential in Wilmington, NC 1949 SQ FT in main part of house and additional 523 SQ FT attic space converted into living space. This newly renovated ranch home offers a unique opportunity for both homeownership and rental income. Situated on a spacious .65-acre lot with deeded water access, this property, built in 1973, provides a blend of modern living and investment potential. With three bedrooms and two baths in the main house and a separate one-bedroom, one-bath apartment with a private entrance, this home is perfect for multi-family living or generating rental income. The main house, ideal for a couple or small family, features an open-concept design with a chef's kitchen complete with high-end KitchenAid appliances, a gas stovetop, and stylish fixtures. The private boat ramp at end of the street provides direct access to the Intracoastal Waterway (ICWW), making this property a dream for boating enthusiasts. The expansive yard and deck are ideal for outdoor activities, adding to the appeal of coastal living. The separate apartment, equipped with its own kitchen and private entrance, is perfect for short-term rentals like Airbnb or long-term tenants, offering flexibility for rental income. A new HVAC system will ensure year-round comfort, enhancing the property's appeal to renters and occupants alike. Located in a desirable school district and offering ample parking, this property is well-positioned for both convenience and long-term value appreciation. Whether you're interested in managing short-term rentals or securing long-term tenants, the combination of modern amenities, deeded water access, and prime location makes this home a strong investment opportunity. Contact us today to learn more about this rare opportunity in Wilmington's competitive real estate market!
LISTING CLOSED: 12/10/2024 12:00 AM

  1. Listed by Kathy Webb • Brokerage DRE #C18059 • Corcoran HM Properties
    P: (910) 279-0587 kathywebbnc@gmail.com

Property Details for 41 Pelican Point Road

Status
MLS #
100465449
Days on Market
54
Taxes
$1,849 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1973
Lot Size
0.65 AC / 28,314 SF
Subdivision Name
Pelican Point
Waterfront
No
Waterfront Features
Deeded Water Access, Water Access Comm
Zoning
R-15

Location

Listing Courtesy of Corcoran HM Properties

Sold By Masonboro Realty, Inc.

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Building Information for 41 Pelican Point Road

Stories1Year Built1973Building Size-Lot Size0.65 AC / 28,314 SF

Payment Calculator

$2,899 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,745

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 41 Pelican Point Road

Summary
Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: No
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Directions: Oleander to Pine Grove. To Masonboro Loop Road, Left on Pelican Point. Home is on the left.
  • Latitude: 34
  • Longitude: -78
  • Road Frontage Type: Maintained, Paved
Taxes and HOA
  • Tax Other Assessment Amount Frequency: No
  • Association: No
  • Parcel Number: R07213-002-010-000
  • Tax Book Number: 46
  • Tax Legal Description: LOT 9R PELICAN POINT ESTATES
  • Tax Map Number: 273
  • Tax Assessed Value: $353,800
  • Tax Year: 2023
School Information
  • Elementary School: Masonboro Elementary
  • High School: Hoggard
  • Middle Or Junior School: Myrtle Grove
Parking
  • Attached Garage: No
  • Open Parking Spaces: 6
  • Parking Features: Concrete, Paved
Property
Lot Information
  • Living Area Range: 1800 - 1999
  • Building Area Total: 1949.0
  • Lot Size Acres: 0.65
  • Lot Size Area: 0.65
  • Lot Size Square Feet: 28314.0
  • Lot Features: Dead End, Deeded Water Access, Water Access Comm
  • Lot Size Dimensions: 110x262x110x260
  • Lot Size Units: Acres
  • Living Area: 2472.0
  • Living Area Units: Square Feet
  • Other Structures: Shed(s)
  • Structure Type: Wood Frame
Property and Assessments
  • Deed Book: 6228
  • Deed Page: 1.6151618E7
  • New Construction: No
  • Possession: Close Of Escrow, At Closing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Road Surface Type: Paved
  • Year Built: 1973
  • Permitted Use: Public
Utilities
  • Sewer Provider: Municipal Sewer
  • Fuel Tank Owned Or Leased: Leased
  • Fuel Tank Above Or Below Ground: Below Ground
  • Fuel Tank Fuel Type: Propane
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Brick Veneer
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link, Back Yard, Wood
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Open, Deck, Porch
  • Pool Features: None
  • Roof: Shingle
  • Stories: 1
Interior Features
  • Bathrooms Total Source: Computed
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Attic Features: Access Only
  • Pool Spa Features: None
  • Heating System Fuel Source: Electric, Propane
  • Water Heater: Propane, Tankless
  • Dining Room Type: Combination
  • Master Bedroom Level: Primary Living Area
  • Appliances: Gas Cooktop, Electric Oven, Refrigerator, Ice Maker
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Heat Pump
  • Fireplace: Yes
  • Fireplace Features: Gas Log
  • Flooring: LVT/LVP, Tile
  • Heating: Yes
  • Heating: Propane, Heat Pump, Fireplace Insert, Fireplace(s), Electric, Forced Air, Zoned
  • Interior Features: Master Downstairs, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Gas Log
  • Levels: One and One Half
  • Room Type: Master Bedroom, Bedroom 2, Living Room, Dining Room, Dining Area, Breakfast Nook, Bonus Room, Bedroom 3
  • Rooms Total: 9
Room Information
Room 1
  • Room Level: Main
  • Room Description: used as guest suite
  • Room Length: 19.7
  • Room Width: 17.8
  • Room Type: Bonus Room
Room 2
  • Room Level: Main
  • Room Length: 11.8
  • Room Width: 12.6
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Length: 14.2
  • Room Width: 12.9
  • Room Type: Master Bedroom
Room 4
  • Room Level: Main
  • Room Length: 17.1
  • Room Width: 18.4
  • Room Type: Living Room
Room 5
  • Room Level: Upper
  • Room Description: this was used as an apartment
  • Room Length: 25.4
  • Room Width: 14.6
  • Room Type: Bedroom 3
Room 6
  • Room Level: Main
  • Room Length: 9.7
  • Room Width: 13.5
  • Room Type: Kitchen
Room 7
  • Room Level: Main
  • Room Length: 8.3
  • Room Width: 11.1
  • Room Type: Breakfast Nook
Room 8
  • Room Level: Upper
  • Room Length: 21.7
  • Room Width: 14.6
  • Room Type: Bonus Room
Room 9
  • Room Level: Main
  • Room Length: 9.11
  • Room Width: 12.7
  • Room Type: Bedroom 2
Agent
Sale and Listing
  • Sold Exclusive: No

Property History for 41 Pelican Point Road

DateEvent & SourcePriceAppreciation
Dec 10, 2024

Sold

NCRMLS #100465449

$540,000
Dec 5, 2024

Sold (Public Record)

Public Record #1546513768

$540,000

+19.0% / yr

Nov 11, 2024

Pending

NCRMLS #100465449

DateEvent & SourcePrice
12/10/2024

Sold

NCRMLS #100465449

$540,000
12/05/2024

Sold (Public Record)

Public Record #1546513768

$540,000

+19.0% / yr

11/11/2024

Pending

NCRMLS #100465449

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 41 Pelican Point Road

Taxable ValueLand$217,600Additions$277,900Total$495,500
Tax Record2025$1,949 ($162 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,969 SqFtAbove Grade Finished SqFt1,969 SqFtStories1Lot Size28,314 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated2020ZoningR-15,RESIDENTCountyNEW HANOVERAPNR07213-002-010-000Fireplace TypeHas Fireplace

Schools near 41 Pelican Point Road

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Masonboro Elementary School
PublicK to 5

Myrtle Grove Middle
Public6 to 8

John T Hoggard High
Public9 to 12

Dr John Codington Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Corcoran HM Properties

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 06/08/2026 05:56 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS