708 Market Street

Wilmington, NC 28401

$1,100,000
Price
6
Beds
5
Baths
6,950 Sq. Ft.
$158 / Sq. Ft.
6,950
Sq. Ft.
$158
per Sq. Ft.

Description

THE GILCHRIST MANSION AND CARRIAGE HOUSE

Many buildings are built, but very few are created
It is a rare opportunity to buy a 6,950 sq ft historical mansion that allows a person to create something truly magnificent and magical. This Queen Anne-style historical mansion was built by E. William Gilchrist in 1894. There are two options to consider when purchasing this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and
...THE GILCHRIST MANSION AND CARRIAGE HOUSE

Many buildings are built, but very few are created

It is a rare opportunity to buy a 6,950 sq ft historical mansion that allows a person to create something truly magnificent and magical. This Queen Anne-style historical mansion was built by E. William Gilchrist in 1894. There are two options to consider when purchasing this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) or, Two - renovate the 6 bedroom, 5 bath mansion as a luxurious palatial estate for your own use. It has taken 2 years to get The Gilchrist project to this point. The site has been cleared, and architectural and engineering plans are in place and ready for this majestic conversion. The purchase price includes all architectural and engineering plans and more. Please visit online at TheGilchrist to get a detailed overview of this unique project. It is very unlikely to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.42 acre and fronts Market Street as well as 7th Street and is within walking distance to the heart of downtown and very close to the new Coca-Cola Soda Pop district. The exterior of the mansion is in great shape, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! I can assure you that once you visit this property, the experience will be one of wonder and wonderful!
  1. Listed by Denise L Dakoulis • Sky's the Limit Realty

Property Details for 708 Market Street

Parking Features
Off Street, On Site
Subdivision Name
Historic District
Zoning
HD
Parking Total
.00
Waterfront
No
Waterfront
No
Waterview
No

Location

Listing Courtesy of Sky's the Limit Realty
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LISTING UPDATED: 04/01/2024 10:11 PM

Property Details for 708 Market Street

StatusActive
MLS #100433611
Days on Market50
Taxes$4,361 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1894
Lot Size0.42 AC / 18,252 SF
CountyNew Hanover County

Location

Listing Courtesy of Sky's the Limit Realty
Add your commute

Building Information for 708 Market Street

Stories3Year Built1894Building Size-Lot Size0.42 AC / 18,252 SF

Payment Calculator

$6,367 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$363

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 708 Market Street

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28401
  • County Or Parish: New Hanover
  • Directions: Located on Market Street, just 7 blocks from the Cape Fear River.
  • Latitude: 34.24
  • Longitude: -77.94
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Location Type: Mainland
  • Where Located: Front door
  • Legal Taxes: Zoning: HD
Taxes and HOA
  • Tax Other Assessment Amount Frequency: none
  • Association Fee: $.00
  • Tax Legal Description: Pt Lts 1/2/3 Blk 158 Wilm
  • Tax Book Number: n/a
  • Tax Map Number: n/a
  • Tax Year: 2023
  • Tax Assessed Value: $516,100.00
  • Parcel Number: R04817-039-004-000
  • Association: No
  • Tax Annual Amount: $4,361.05
  • Legal Taxes: HOA: No
  • Legal and Taxes: Deed Book: 1414
  • Legal Taxes: Deed Page: 1917.0
  • Legal Taxes: Legal: Pt Lts 1/2/3 Blk 158 Wilm
  • Legal Taxes: PID: R04817039004000
  • Legal Taxes: Plat Book: n/a
  • Legal Taxes: Plat Page: n/a
  • Legal and Taxes: Tax Identifier: R04817-039-004-000
  • Legal Taxes: Tax Assessed Value: $516,100.00
  • Legal Taxes: Total Real Estate Property Taxes: $4,361.05
  • Legal Taxes: Tax Year: 2023
Parking
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: Off Street: Yes
  • Parking Driveway: On Site: Yes
School Information
  • Middle Or Junior School: Williston
  • High School: New Hanover
  • Elementary School: Snipes
  • Legal Taxes: Elementary School: Snipes
  • Legal Taxes: Middle School: Williston
  • Legal Taxes: High School: New Hanover
Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Living Area: 6950.0
  • Lot Size Dimensions: See Plat
  • Building Area Total: 6950.0
  • Lot Size Square Feet: 18252.0
  • Lot Dimensions: See Plat
  • Lot Acres: 0.42
  • Lot Sq Ft: 18252.0
  • Total Sq Ft - Heated (Primary Separate): 6950.0
Property and Assessments
  • Structure Type: Wood Frame
  • New Construction: No
  • Year Built: 1894
  • Construction Type: Stick Built
  • Property Exterior Info: New Construction: No
  • Cobra Zone: No
  • Federal Flood Insurance Available: No
  • Special Assessments: none
  • Construction: Wood Frame: Yes
  • Foundation: Block: Yes
  • Foundation: Crawl Space: Yes
Green Features
  • Green Building Certify: None19: Yes
Utilities
  • Sewer: Municipal Sewer
  • Utilities: Natural Gas Available
  • Water Source: Municipal Water
  • Service Providers: Electric Provider: Duke Progress Energy
  • Service Providers: Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
  • Utilities: Natural Gas Available: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 3
  • Stories Levels: Two: Yes
  • Stories Levels: 3 Story or More: Yes
  • Stories Levels: Basement: Yes
  • Association Amenities: No Amenities
  • Construction Materials: Wood Siding
  • Roof: Metal
  • Fencing: Metal/Ornamental
  • Accessibility Features: None
  • Exterior Features: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Finish: Wood Siding: Yes
  • Fencing: Metal Ornamental: Yes
  • Fencing: See Remarks: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Covered: Yes
  • Porch Balcony Deck: Deck: Yes
  • Porch Balcony Deck: Porch: Yes
  • On-Site Pool Spa: None: Yes
  • On-Site Pool Spa: See Remarks: Yes
  • Roof: Metal: Yes
  • Foundation Details: Block
Interior Features
  • Levels: Two, Three Or More
  • Flooring: See Remarks
  • Interior Features: Foyer, Master Downstairs, 9Ft+ Ceilings, Eat-in Kitchen
  • Basement: Crawl Space, Unfinished
  • Cooling: See Remarks
  • Heating: Other-See Remarks
  • Laundry Features: Inside
  • Appliances: Wall Oven, Range
  • Bathrooms Total Integer: 5
  • Rooms Total: 14
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Notational: 5.00
  • Bedrooms Total: 6
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Master Bedroom Level: Primary Living Area
  • # Rooms: 14.00
  • # Baths - Full: 5.00
  • # Baths - Half: .00
  • Property Interior Info- # Baths - Total: 5.00
  • Property Interior Info: Stories: 3.00
  • Basement: Finished - No: Yes
  • Handicap Accessible: None: Yes
  • Interior Features: 1st Floor Master: Yes
  • Interior Features: 9 Ft Ceilings: Yes
  • Laundry Location: Formal: Yes
  • Rooms: Foyer: Yes

Property History for 708 Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 708 Market Street

Taxable ValueLand$273,000Additions$243,100Total$516,100
Tax Record2023$4,361 ($363 / month)
Home Facts
Beds6Baths5Total Finished SqFt5,644 SqFtAbove Grade Finished SqFt5,644 SqFtStories2Lot Size18,252 SqFtStyleSingle Family ResidenceYear Built1948ZoningHD,HISTORIC DCountyNEW HANOVERAPNR04817-039-004-000Fireplace TypeHas Fireplace

Schools near 708 Market Street

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 8
Rating
School
Distance
Annie H Snipes Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

The International School at Gregory
PublicK to 8

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.

Similar Homes

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Similar Sold Homes

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708 Market Street is a single family home for sale in Wilmington, NC 28401. This property was listed for sale on March 19, 2024 by Sky's the Limit Realty, it's currently listed at $1,100,000. It has been on the market for a total of 50 days and was last sold on April 30, 2021. This listing's school district is New Hanover County School District. Nearby schools include Annie H Snipes Elementary, Williston Middle and New Hanover High. 708 Market Street is a 6-bed, 5-bath, 6,950 sqft single family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sky's the Limit Realty

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