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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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4924 Oleander Dr , Wilmington, NC 28403
$525,000
Est. Payment: $1,166.67/mo
4 Bed
2 Bath
2161 Sqft
Status: Pending with Showings | Days on site: 50
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House Description

Unique investment and owner-user opportunity in one of Wilmington's most visible and desirable corridors. Located on highly traveled Oleander Drive and zoned Residential Office (RO), 4924 Oleander Drive offers exceptional flexibility for residential, professional office, rental income, or mixed-use applications (subject to applicable city regulations and approvals). The property features a charming 2-bedroom, 1-bath main house that is currently vacant, providing immediate occupancy for an owner-user, tenant placement, or office conversion. Complementing the main residence is a detached 2-car garage with a 2-bedroom, 1-bath accessory dwelling unit (ADU), currently tenant occupied. The ADU will require some finish work and repairs, presenting an opportunity for value-add improvements. The Residential Office zoning opens the door to a variety of potential uses, including residential occupancy, professional office space, live-work arrangements, rental investment, or other permitted uses. Buyers should verify intended use with the City of Wilmington. Positioned in a high-visibility location with excellent access and exposure, the property is just minutes from the University of North Carolina Wilmington (UNCW), Independence Mall, Hanover Center, Novant Health facilities, restaurants, retail centers, and numerous professional businesses. Its central Wilmington location provides convenient access to Downtown Wilmington, Wrightsville Beach, and major transportation corridors. Whether you're seeking an income-producing investment, a live-work property, professional office location, or redevelopment opportunity, 4924 Oleander Drive offers versatility, visibility, and long-term potential in one of Wilmington's most established commercial and residential districts. Property is being sold AS-IS.

Highlights

Listed by Brandon W Cox , 910-538-3056 REAL Broker LLC , 919-348-2585.

Property Type

Residential

Lot/Acreage
0.53

Year Built

1940

County

New Hanover

Neighborhood

Not In Subdivision

School District

New Hanover

Listing ID

100582541

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:See Remarks, Washer, Refrigerator, Dryer, Electric Range
Air Cond:Heat Pump
Fireplaces:Wood Burning Stove
Floor:Tile,Wood
Other:
  • Additional:Ceiling Fan(s), Pantry, Blinds/Shades, Wood Burning Stove
Water:Public

Exterior Features

Lot:Fencing: Partial
Lot Dimensions:80x301x84x277
Garage Capacity:5
Zoning:ROD
Roof:Architectural Shingle
Parking Features:Gravel,Garage,Has Garage
Principal Interest
$1,167
Taxes
$335

Home Price

$525,000

Loan Details

30 yrs
%

Down Payment

20%
$105,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,166.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,166.67 $334.69 $0.00 $1,501.35
Yearly $14,000.00 $4,016.25 $0.00 $18,016.25
Total $420,000.00 $120,487.50 $0.00 $540,487.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.