705 Mcrae Street, Wilmington, NC 28401 – MLS# 100494235
Courtesy of Tara A Coffer, Sound and Sea Realty LLC
Description
Welcome to 705 McRae St, a stylish 2023-built home in the heart of downtown Wilmington! This versatile property is perfect as a primary residence or continued use as an income-producing investment, offering a prime location near the Live Oak Pavilion, Brooklyn Arts District, and all the dining, shopping, and entertainment downtown has to offer.Step inside to find 9-foot ceilings and an inviting open-concept layout featuring granite countertops and luxury vinyl plank flooring throughout. A standout feature of this home is the two-story covered porches–with the top-floor porch serving as a private retreat off the primary suite, perfect for relaxing with a morning coffee or evening breeze.Situated on a growing, up-and-coming block, this home offers the opportunity to be part of a thriving and evolving downtown community. Plus, off-street parking–a rare downtown perk–adds even more convenience.Whether you’re looking for a turn-key investment or a stylish home in the heart of Wilmington, this property delivers. Don’t miss out–schedule your showing today!
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Paved,Public (City/Cty/St)
Bathrooms
- 3 total bathrooms
- 2 full bathrooms
- 1 half bathroom
Bedrooms
- 3 bedrooms
Building
- Heated SqFt Range: 1600 – 1799
- 1,658 heated sqft
- Built in 2023
- 2 stories
- 4 rooms
- Construction: Wood Frame
- Porch/Balcony/Deck: Balcony,Porch,Covered
- Stories/Levels: Two
Cooling
- Central
Dining Room
- Dining Room Type: Combination
Exterior Features
- Exterior Finish: Fiber Cement
Fence
- Back Yard
- Partial
- Privacy
Fireplaces
- None
Foundation
- Slab
Heating
- Heat Pump
Interior Features
- 9Ft+ Ceilings
- Kitchen Island
- Pantry
Listing
- Listed on 2025-03-14
- Construction Type: Stick Built
- List Price/SqFt: $251
- Terms: Cash,VA Loan,FHA,Conventional
Location
- County: New Hanover
- Zip Code: 28401
- Latitude: 34.244253
- Longitude: -77.939827
- Subdivision: Not In Subdivision
- City Limits: Yes
Lot
- 2,309 sqft lot
- Lot Dimensions: irregular
- 0.05 acres
Parking
- Off Street
- Paved
- On Street
- On Site
Possession
- At Closing
- Subject To Tenant Rights
Property
- Zoning: R-3
- Federal Flood Insurance available
Roof
- Architectural Shingle
Schools
- School District: New Hanover
Taxes
- Tax Assessed Value: $237,200
- Property Taxes: $2,064
- City Tax Rate: 6715
- Tax Year: 2024
Utilities
- Municipal Sewer
- Municipal Water