Sold
Last Sold Price
2 beds1,620 sqft

5550 Peden Point Rd, Wilmington, NC 28409

Single FamilyProperty Type
1.19 acresLot Size
1979Year Built
$485/sq ftPrice per sq ft
3 carsParking Spaces

Description

Waterfront home on 1.19 acres with breathtaking views of the Intracoastal Waterway and beyond! This property features approximately 111ft on the Intracoastal and is just waiting for you to add your own personal touches. The upper main level of the home has 2 bedrooms, 2.5 baths, a 6-burner gas Wolf range, walk-in pantry, and wrap-around porch. On the lower level is a 3-car garage, 1-car carport, patio, laundry room, and 742 sq.ft. accessory studio apartment with a kitchen, full bath, 2 walk-in closets,...Waterfront home on 1.19 acres with breathtaking views of the Intracoastal Waterway and beyond! This property features approximately 111ft on the Intracoastal and is just waiting for you to add your own personal touches. The upper main level of the home has 2 bedrooms, 2.5 baths, a 6-burner gas Wolf range, walk-in pantry, and wrap-around porch. On the lower level is a 3-car garage, 1-car carport, patio, laundry room, and 742 sq.ft. accessory studio apartment with a kitchen, full bath, 2 walk-in closets, and an open living/bedroom area. The apartment is not included in the total square-feet and is accessible through the garage or from the rear deck. This property also has a Rinnai water heater, a highly-rate brand. Don't let this opportunity pass you by. This home has lots of potential.
  • Listed by: The Cameron Team 910.233.2840 CameronTeam@SeaCoastRealty.com Brokerage DRE #C9314 • Coldwell Banker Sea Coast Advantage
Listing closed: 07/16/2020 12:00 AM • Source: Hive MLS, MLS#: 100215861
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Recent comparable sales

Median sold price

$600,580

Avg days on market

41

Sale-to-list ratio

97.9%

Wilmington, NC

9 comparable properties found

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1

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Square Feet
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Acres
$570,000 | 1656 Tall Ships Lane, Wilmington, NC 28409
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$600,580 | 5501 Coral Tide Avenue, Wilmington, NC 28412
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$540,000 | 421 Hidden Valley Road, Wilmington, NC 28409
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$750,000 | 4511 Masonboro Loop Road, Wilmington, NC 28409
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$642,500 | 6205 Head Road, Wilmington, NC 28409
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$915,000 | 1507 Ebb Drive, Wilmington, NC 28409
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$654,230 | 5504 Coral Tide Avenue, Wilmington, NC 28412
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Square Feet
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$423,000 | 205 Hickory Knoll Road, Wilmington, NC 28409
1/48
9

$423,000

Sold 05/21/25

3
Bedrooms
1,450
Square Feet
0.39
Acres

Location

Listing Courtesy of Coldwell Banker Sea Coast Advantage

Sold By RE/MAX Essential

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Payment Calculator

$4,571 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,191

Property Taxes

$380

HOA Dues

$0

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Property Information for 5550 Peden Point Road

Property Details

  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: Not In Subdivision
  • View: ICW
  • Waterfront: Yes
  • Zoning: R15

Building Information

  • Stories: 2
  • Year Built: 1979
  • Lot Size: 1.19 AC / 51,836 SF

Summary

Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: No
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Directions: South on College Rd. to Monkey Junction. Turn left onto Piner Road and continue straight to Myrtle Grove Road. Go straight across to Peden Point Road. Go to the end of the road and turn right following dirt road to the end. Home is on the left on the ICWW.
  • Latitude: 34
  • Longitude: -78
  • Road Frontage Type: City Street, State Road
Taxes and HOA
  • Tax Other Assessment Amount Frequency: none
  • Association Amenities: None
  • Association: No
  • Parcel Number: R07717-002-006-000
  • Tax Book Number: 0
  • Tax Legal Description: MYRTLE GROVE LOOP RD
  • Tax Map Number: 0
  • Tax Assessed Value: $649,900
  • Tax Year: 2019
School Information
  • High School District: New Hanover
Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Total: 3.0
  • Parking Features: Off Street
Virtual Tour

Property

Lot Information
  • Building Area Total: 1620.0
  • Frontage Type: ICW Front
  • Lot Size Acres: 1.19
  • Lot Size Area: 1.19
  • Lot Size Square Feet: 51836.0
  • Lot Size Dimensions: irregular
  • Lot Size Units: Acres
  • Living Area: 1620.0
  • Living Area Units: Square Feet
  • Structure Type: Wood Frame
Property and Assessments
  • Deed Book: 1784
  • Deed Page: 784.0
  • New Construction: No
  • Possession: At Closing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Videos Change Timestamp: 05-15-2020 05:47:53 PM
  • Year Built: 1979
  • Permitted Use: Public
Utilities
  • Sewer Provider: Septic Tank
  • Fuel Tank Owned Or Leased: Owned
  • Fuel Tank Above Or Below Ground: Above Ground
  • Fuel Tank Fuel Type: Oil
  • Water Source: Well

Interior and Exterior Features

Exterior Features
  • Exterior Finish: Wood Siding
  • Construction Materials: Wood Siding
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Metal
  • Stories: 2
Interior Features
  • Bathrooms Total Source: Computed
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 2.1
  • Heating System Fuel Source: Oil
  • Water Heater: See Remarks
  • Dining Room Type: Combination
  • Master Bedroom Level: Primary Living Area
  • Additional Suite Description: lower level apt
  • Appliances: Gas Oven, Refrigerator, Dishwasher
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Cooling: Central Air
  • Cooling: Yes
  • Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Wood
  • Heating: Yes
  • Heating: Baseboard
  • Interior Features: Pantry
  • Laundry Features: Laundry Room
  • Levels: Two
  • Room Type: Kitchen, Great Room, Master Bedroom, Bedroom 2
  • Rooms Total: 4

Room Information

Room 1
  • Room Level: Second
  • Room Length: 17.0
  • Room Width: 15.0
  • Room Type: Bedroom 2
Room 2
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Type: Kitchen
Room 3
  • Room Level: Second
  • Room Length: 27.0
  • Room Width: 19.0
  • Room Type: Great Room
Room 4
  • Room Level: Second
  • Room Length: 17.0
  • Room Width: 15.0
  • Room Type: Master Bedroom

Property History for 5550 Peden Point Road

DateEvent & SourcePriceAppreciation
Jul 16, 2020

Sold

Hive MLS #100215861

$785,000—
Jul 14, 2020

Sold (Public Record)

Public Record #674141659

$785,000—
Jun 3, 2020

Pending

Hive MLS #100215861

—
DateEvent & SourcePrice
07/16/2020

Sold

Hive MLS #100215861

$785,000
07/14/2020

Sold (Public Record)

Public Record #674141659

$785,000
06/03/2020

Pending

Hive MLS #100215861

—

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

Public records

5550 Peden Point Road

Beds

2

Baths

2

Total Finished SqFt

1,600 SqFt

Above Grade Finished SqFt

1,600 SqFt

Stories

1

Lot Size

52,272 SqFt

Schools near 5550 Peden 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
Heyward C Bellamy Elementary
PublicK to 5

Charles P Murray Middle
Public6 to 8

Eugene Ashley 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5550 Peden Point Road, Wilmington, NC 28409
$785,000
2
1,620
51,836
–
3
2
1,170
40,946
–
–
–
–
11,326
–
2
2
2,072
39,204
–
2
1
800
13,504
$725,000
2
1
1,018
77,537

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 Coldwell Banker Sea Coast Advantage

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 08/07/2025 09:11 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