SOLD NOV 24, 2025

Off market nov 2025 for $285K

$345,433

Est. refi paymentEst. refi $2,464/mo

•

1,404

sq ft

506 Old Mill Rd, Castle Hayne, NC 28429

About this home

Discover the potential at 506 Old Mill Rd — a property offering solid investment value in a growing area just minutes from downtown Wilmington, the airport, and major employers. Whether you're seeking a long-term rental, short-term Airbnb, or renovation project, this property offers flexibility and room to increase equity. Enjoy the benefits of a quiet rural setting with convenient access to beaches, shopping, and I-140 for easy commuting. With rising demand in Castle Hayne and limited inventory, this is a prime opportunity to expand your portfolio in one of the region's fastest-growing markets.

Single-familyProperty Type

1984Year Built

0.3 acresLot Size

$246Est. Price/Sq.Ft.

Listed by Wayne Bigg • BlueCoast Realty Corporation

Bought with McKenzie Taylor • Intracoastal Realty Corporation

Redfin checked: a few seconds ago

•Source:Hive MLS #100536599

Redfin Estimate

$345,433

$60K since sold in November 2025$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.8% higher than the average sale price ($327K) of 6 comparable homes.

SOLD AUG 18, 2026
$280,000
A
3 beds2 baths1,339 sq ft
1905 N County Dr, Castle Hayne, NC 28429
SOLD AUG 7, 2026
$270,000
B
3 beds2 baths1,256 sq ft
130 Ramgate Rd, Castle Hayne, NC 28429
SOLD SEP 10, 2026
$369,900
C
3 beds2 baths1,364 sq ft
3001 Nevan Ln, Wilmington, NC 28405
SOLD JUN 10, 2026
$315,000
D
3 beds2 baths1,227 sq ft
3212 Galway Rd, Castle Hayne, NC 28429
SOLD MAR 19, 2026
$350,000
E
3 beds2 baths1,424 sq ft
3204 Galway Rd, Castle Hayne, NC 28429
SOLD AUG 18, 2026
$375,000
F
3 beds2 baths1,390 sq ft
1245 Big Field Dr, Castle Hayne, NC 28429

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Earn from this home

Sell

$98,520

Est. take-home

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Refinance

Est. cash available

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Rent

$2,079/mo

Redfin rental estimate

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Market trends in 28429, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.0%

+0.2% MoM

Median sale price

$412K

$3K MoM

Avg. days on market

70d

9 days MoM

Recently sold homes

9 MoM

New listings for sale

$560,000
3 beds2 baths2,475 sq ft
4710 Indian Corn Trl, Castle Hayne, NC 28429
$280,000
3 beds2 baths1,782 sq ft
335 Cottonwood Ln, Castle Hayne, NC 28429
$1,295,000
3 beds3.5 baths2,977 sq ft
3772 Barnesmore Dr, Castle Hayne, NC 28429
3D WALKTHROUGH
$573,500
4 beds2.5 baths2,465 sq ft
615 Jenoa Dr, Castle Hayne, NC 28429
See all

Provided by Redfin

Sale history for 506 Old Mill Rd

Year

Property tax

Land + Additions

Assessment*

2025

$810 (−21.0%)

$120,600 + $157,400

$278,000

2024

$1,025 (−0.3%)

$120,600 + $156,400

$277,000

2022

$1,028 (+24.7%)

$67,000 + $115,100

$182,100

2020

$825

$67,000 + $115,100

$182,100

2019

$825

$35,100 + $95,300

$130,400

2018

$825 (−2.3%)

$35,100 + $95,300

$130,400

2017

$844 (−3.1%)

$35,100 + $95,300

$130,400

2016

$871 (+7.7%)

$35,100 + $95,300

$130,400

2015

$809 (+1.8%)

$35,100 + $90,600

$125,700

2014

$795

$35,100 + $90,600

$125,700

Tax history for 506 Old Mill Rd

Year

Property tax

Land + Additions

Assessment*

2025

$810 (−21.0%)

$120,600 + $157,400

$278,000

2024

$1,025 (−0.3%)

$120,600 + $156,400

$277,000

2022

$1,028 (+24.7%)

$67,000 + $115,100

$182,100

2020

$825

$67,000 + $115,100

$182,100

2019

$825

$35,100 + $95,300

$130,400

2018

$825 (−2.3%)

$35,100 + $95,300

$130,400

2017

$844 (−3.1%)

$35,100 + $95,300

$130,400

2016

$871 (+7.7%)

$35,100 + $95,300

$130,400

2015

$809 (+1.8%)

$35,100 + $90,600

$125,700

2014

$795

$35,100 + $90,600

$125,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.3 Acres

Year renovated

—

Sq. Ft.

1,404

Year built

1984

Style

Single Family Residential

County

New Hanover County

APN

R02520-004-023-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 23, 2026.

R-10

Residential-10 District

The purpose of the Residential-10 (R-10) District is to provide lands that accommodate new residential neighborhoods and encourage the conservation of existing residential lots and neighborhoods. Neighborhoods in the R-10 District are relatively low density in character and include a limited mix of single family and duplex housing types. If public water is not available, the water system infrastructure must be installed in accordance with County standards and connected when a public supply becomes available. R-10 district lands may be established in proximity to neighborhood or community commercial districts to encourage the establishment of walkable development patterns.

Property details

Parking

Parking/Garage Information
Parking Features: Off Street, Paved

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Heat Pump
Has Heating
Heating: Heat Pump, Electric, Forced Air

Room Information
# of Rooms Total: 7
Basement Details: Crawl Space

Exterior

Exterior Features
Patio And Porch Features: Covered, Patio, Screened
Fencing: Back Yard, Wood
Roof: Shingle

Building Information
Sq. Ft.: 1404
Levels: One and One Half
Construction Materials: Brick Veneer, Vinyl Siding

Property Features
Other Structures: Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence

Lot Information
Road Frontage Type: City Street, State Road
Lot Size : 0.3
Lot Size Dimensions: 100 x 157 x 70 x 156
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Zoning: R-10

Financial

Tax Information
Tax Annual Amount: $1,048.45

Utilities

Utility Information
Water Source: Public
Utilities: Sewer Connected, Water Connected

Location

Schools Information
Elementary School: Wrightsboro
Middle Or Junior School: Holly Shelter
High School District: New Hanover
High School: New Hanover

Location Information
Directions: Continue onto N 3rd St, continue onto Martin Luther King Jr Pkwy, take the NC-133 N exit toward Burgaw, turn right onto Old Mill Rd
Subdivision Name: Runnymeade

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,404
Stories: 1.5
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: —
County: New Hanover County
APN: R02520-004-023-000

Home facts updated by county records on Sep 23, 2026

Other

Listing Information
List AOR: Cape Fear Realtors MLS, Inc.

Around this home

Schools

Wrightsboro Elementary

Public PreK-5 • Assigned • 0.7mi

3/10

Holly Shelter Middle School

Public 6-8 • Assigned • 3.6mi

8/10

New Hanover High

Public 9-12 • Assigned • 4.5mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

9/10 Heat Factor

7 days above 105° expected this year, 19 days in 30 years

8/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Castle Hayne, NC • 28429

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$329,000 – $398,000

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NEW 23 HRS AGO3D WALKTHROUGH

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4710 Indian Corn Trl, Castle Hayne, NC 28429

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335 Cottonwood Ln, Castle Hayne, NC 28429

$1,295,000

3 beds3.5 baths2,977 sq ft

3772 Barnesmore Dr, Castle Hayne, NC 28429

3D WALKTHROUGH

$573,500

4 beds2.5 baths2,465 sq ft

615 Jenoa Dr, Castle Hayne, NC 28429

Home values near 506 Old Mill Rd

Data from public records.

Address	Redfin Estimate
509 Old Mill Road, Castle Hayne, NC 3 Beds \| 2 Baths \| 1270 Sq. Ft.	$322,825
515 Old Mill Road, Castle Hayne, NC 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$315,578

Address	Redfin Estimate
511 Old Mill Road, Castle Hayne, NC 3 Beds \| 1.5 Baths \| 1046 Sq. Ft.	$279,069
505 Old Mill Road, Castle Hayne, NC 3 Beds \| 2 Baths \| 1683 Sq. Ft.	$368,670

Address	Redfin Estimate
513 Old Mill Road, Castle Hayne, NC 3 Beds \| 2 Baths \| 1109 Sq. Ft.	$303,844
404 Old Mill Road, Castle Hayne, NC 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$327,827

Property information provided by Hive MLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28429, NC

Sale history for 506 Old Mill Rd

Tax history for 506 Old Mill Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28429

Home values near 506 Old Mill Rd

More real estate resources