$1,100,000
( $201.21Per Sq Foot )
 $5,738 forsale estimated payment Sourced by Back At You

708 Market Street , Wilmington, NC 28401

Wilmington, NC 28401

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Description

An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district. There are many directions one can take 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) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, 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! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and more.

Details

Mls100472146
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year1948
Days On Site53
Listing Provided ByIntracoastal Realty Corp | Jeffrey G Hovis

Features

Sq Feet5,467
BasementY
ZoningHD
Acreage0.42

Market Activity 28401

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Community NameHistoric District
Listing VS Median (in Historic District)
Price:
$1,100,000
low | high
Med:
$689,900
87.281818181818% of Average
SqFt:
5,467
low | high
Med:
2,262
100% of Average
$ / SqFt:
$201
low | high
Med:
$305
2% of Average
On Site:
53
low | high
Med:
31.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 8:54:46 AM PST