Opportunity awaits in a highly desirable Wilmington location in the 28409! This ranch home is best suited for a buyer with vision, whether for a full renovation or major restoration. The home is being sold as-is and will require significant work, but the lot, location, and surrounding area offer strong potential for the right buyer, investor, or builder. Bring your contractor, your plans, and your imagination.
Single-familyProperty Type
1972Year Built
0.34 acresLot Size
$192Price/Sq.Ft.
Listed by Neil Leonard• Berkshire Hathaway HomeServices Carolina Premier Properties
Bought with Joanna King Wallace• Intracoastal Realty Corporation
Bought with Rachel Olds• Intracoastal Realty Corporation
Est. $2,159 per month, based on comparable rentals
Sale and tax history for 18 Pelican Point Rd
Sale History
Tax History
Date
Event
Price
Hive MLS #100586119
Aug 4, 2026
Sold
$275,000
$192/sq ft
Jul 6, 2026
Pending
—
Jul 2, 2026
Listed
$275,000
$192/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,068 (+62.7%)
$182,300 + $205,800
$388,100
2024
$656 (+0.9%)
$182,300 + $205,800
$388,100
2023
$650 (−0.8%)
$107,700 + $115,300
$223,000
2022
$656 (+5.4%)
$107,700 + $115,300
$223,000
2021
$622 (+12.8%)
$107,700 + $115,300
$223,000
2020
$552
$107,700 + $115,300
$223,000
2019
$552 (−50.0%)
$55,000 + $119,500
$174,500
2018
$1,104 (−2.3%)
$55,000 + $119,500
$174,500
2017
$1,130 (−1.6%)
$55,000 + $119,500
$174,500
2016
$1,148 (+7.6%)
$55,000 + $119,500
$174,500
2015
$1,067 (+1.7%)
$60,500 + $105,300
$165,800
2014
$1,049
$60,500 + $105,300
$165,800
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
1986
Sq. Ft.
1,432
Year built
1972
Style
Single Family Residential
County
New Hanover County
APN
R07213-005-016-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
R-15
Residential-15 District
The purpose of the Residential-15 (R-15) District is established to provide lands that accommodate very low to low density residential development that can serve as a transition between very low density residential development patterns and smaller lot, more dense residential areas of the County. District regulations discourage development that substantially interferes with the quiet residential and recreational nature of the district.
Property details
Parking
Parking/Garage Information
Parking Features: Garage Faces Front, Off Street, Garage
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Has Heating
Heating: Electric, Forced Air
Interior Features
Interior Features: Ceiling Fan(s)
Furnished: Unfurnished
Flooring: Laminate
Room Information
# of Rooms Total: 7
Laundry Features: Washer Hookup, In Garage
Basement Details: None, Crawl Space
Exterior
Exterior Features
Exterior Features: None
Patio And Porch Features: Front Porch
Fencing: Chain Link, Partial, Back Yard
Roof: Shingle
Pool Information
Pool Features: None
Building Information
Entry Level: 1
Sq. Ft.: 1432.0
Levels: One and One Half
# of Stories Total: 1
Construction Materials: Brick, Frame
Property Features
Has View
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Property Condition: Fixer
Lot Information
Frontage Type: See Remarks
Road Surface Type: Paved
Lot Size : 0.34
Lot Size Dimensions: Irregualar
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Zoning: R-15
Financial
Tax Information
Tax Annual Amount: $1,468.96
Utilities
Utility Information
Water Source: Public
Utilities: Sewer Connected, Water Connected
Location
Schools Information
Elementary School: Masonboro Elementary
Middle Or Junior School: Myrtle Grove
High School District: New Hanover
High School: Hoggard
Location Information
Directions: From Oleander Drive, follow Pine Grove Drive toward Masonboro Loop Road. Turn left onto Pelican Point, and the home will be waiting on the right.
Subdivision Name: Pelican Point
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,432
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1986
County: New Hanover County
APN: R07213-005-016-000
Home facts updated by county records on Aug 14, 2026
Other
Listing Information
List AOR: Cape Fear Realtors MLS, Inc.
Around this home
Schools
Masonboro Elementary School
Public K-5 • Assigned • 1.7mi
10/10
Myrtle Grove Middle
Public 6-8 • Assigned • 1.6mi
9/10
John T Hoggard High
Public 9-12 • Assigned • 3.4mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 103° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wilmington, NC • 28409
Average low and high temperatures (°F)
53
35
58
40
70
50
76
58
80
65
88
73
90
78
86
73
81
69
74
58
69
51
58
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$271,000 – $328,000
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