705 Mcrae Street, Wilmington, NC 28401 – MLS# 100494235

Property Map

$415,514 – 705 Mcrae Street, Wilmington, NC 28401

Street View

$415,514
3 Beds
2.5 Baths
1,658 SqFt
0.05 Acre Lot
2,309 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 2023
Neighborhood Not In Subdivision
Days on Website 50

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

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