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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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503 Woodlawn Ave , Wilmington, NC 28401
$230,000
Est. Payment: $1,185.24/mo
2 Bed
1 Bath
1235 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

A rare entry level opportunity in Wilmington is here. Nestled on nearly a half-acre just moments from Greenfield Lake, this cottage-style home offers the chance to move right in while adding your own updates over time. Whether you're a first-time buyer, investor, or someone looking to build equity through improvements, the location and potential are hard to match at this price. Enjoy being just 0.3 miles from Greenfield Lake's trails, amphitheater and outdoor recreation, 0.2 miles from Legion Stadium, minutes to downtown Wilmington's restaurants, breweries and shopping, and approximately 25 minutes from some of southeastern North Carolina's most beautiful beaches. Recent improvements include cement board siding and replacement windows (2020), roof (2016 per prior owner), and HVAC system (2016 per prior owner). The main level offers approximately 935 heated square feet with two bedrooms, dining room, kitchen and full bath. Two additional finished rooms are located upstairs but are not included in the heated square footage due to ceiling height slightly under 7' and stair configuration. Buyers are encouraged to verify any intended uses or future modifications with appropriate professionals and local building authorities. Opportunities like this, with this much land and this location, don't come along often. Schedule your showing today and see the potential for yourself.

Highlights

Listed by Adam C Connolly , 910-367-9716 Berkshire Hathaway HomeServices Carolina Premier Properties , 910-256-0021. Hive MLS mls logo

Property Type

Residential

Lot/Acreage
0.38

Year Built

1944

County

New Hanover

Neighborhood

Woodlawn

School District

New Hanover

Listing ID

100591154

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Refrigerator, Dishwasher, Electric Range
Air Cond:Central Air
Fireplaces:
Floor:Laminate,Tile,Vinyl
Other:Master Downstairs
Other:Public

Exterior Features

Lot:Wooded,Fencing: None
Lot Dimensions:Irregular
Garage Capacity:0
Zoning:R-7
Roof:Composition
Parking Features:Unpaved,Off Street
Principal Interest
$1,185
Taxes
$147

Home Price

$230,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$46,000
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:
$1,185.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,185.24 $146.63 $0.00 $1,331.86
Yearly $14,222.85 $1,759.50 $0.00 $15,982.35
Total $426,685.45 $52,785.00 $0.00 $479,470.45

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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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.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T03:50:18.000Z

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