Welcome to 209 Cathay Road, a charming one-story home in Wilmington's Monterey Heights neighborhood. Offering 3 bedrooms and 1.5 bathrooms, this home includes a flexible rear bonus space with new flooring that is perfect for a home office, second living area, or playroom. This additional room is not included in the home's heated square footage. The kitchen features a newer refrigerator and stove, while the fully fenced backyard offers plenty of room to relax, entertain, or let pets play. Two sheds provide additional versatility, including one screened-in space that creates a peaceful outdoor hangout for game days, movie nights, or quiet evenings at home. With no HOA, no city taxes, and a location outside the designated flood zone, this property offers added flexibility and convenience. A pre-listing inspection has already been completed and is available for review, providing buyers with helpful information upfront. Monterey Heights Park is nearby, while Carolina Beach, shopping, dining, and everyday essentials are all just a short drive away. Come see everything this inviting Wilmington home has to offer!
Median list price in this area is $541,872. (81% higher than this home)
About offer insights
Property details
Public facts
Beds: 3
Baths: 1.5
Finished Sq. Ft.: 1,336
Unfinished Sq. Ft.: —
Total Sq. Ft.: 1,336
Stories: 1.0
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1977
County: New Hanover County
APN: R07913-006-018-000
Home facts updated by county records on Sep 23, 2026
Sale and tax history for 209 Cathay Rd
Sale History
Tax History
Date
Event
Price
Hive MLS #100582329
Sep 18, 2026
Price Changed
$299,000
$224/sq ft
Aug 18, 2026
Listed
$305,000
$228/sq ft
Hive MLS #100430881
Jun 7, 2024
Sold
$280,000
$210/sq ft
Apr 26, 2024
Relisted
—
Mar 13, 2024
Price Changed
$299,500
$224/sq ft
Mar 13, 2024
Price Changed
$299
$0/sq ft
Mar 4, 2024
Listed
$308,275
$231/sq ft
+21
Welcome to 209 Cathay Road, a charming 3 bedroom, 1.5 bathroom home nestled in the heart of Wilmington. This recently updated property boasts a cozy addition at the rear of the home, perfect for use as an office or family room, providing ample living space. Fresh paint and new hardware throughout the home, along with new flooring and light fixtures create a clean and inviting atmosphere. Step outside to the spacious, fenced-in backyard, where two storage sheds offer convenient storage solutions. The prime location provides easy access to nearby schools, shopping, dining, and beaches, just a quick drive away. Don't miss the opportunity to make this your new home in Wilmington's Monterey Heights.
Hive MLS #100367611
Apr 3, 2023
Sold
$235,000
$176/sq ft
Feb 8, 2023
Listed
$269,900
$202/sq ft
+42
One level, move-in ready home in Monterey Heights. Covered front porch. 3 beds and one full bath. The master bedroom has a half bath. Flooring is LVP, carpet and tile. Smooth ceilings. Updated bathroom vanities and ceiling fans. Refrigerator, freezer, washer and dryer included in the sale. An additional room (13' x 19') was built off the kitchen. This room can be used as a family room / den. There is a window unit in this room. It is not included in the heated square footage. Pull-down attic access. Fenced in backyard with a shed. Paved driveway with room for 3 cars. No HOA. County taxes. Not in a flood zone. Termite bond. House is located approximately 5 miles from Carolina Beach. Close to Veterans Park, shopping and dining. Quick access to Carolina Beach Road and River Road.
Public Records
Oct 1, 1994
Sold
$64,500
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$289 (−66.3%)
$126,600 + $145,300
$271,900
2024
$858 (+0.7%)
$126,600 + $145,300
$271,900
2023
$852 (+101.5%)
$66,900 + $83,200
$150,100
2021
$423 (+16.3%)
$66,900 + $83,200
$150,100
2020
$364
$66,900 + $83,200
$150,100
2019
$364
$31,000 + $84,000
$115,000
2018
$364 (−2.3%)
$31,000 + $84,000
$115,000
2017
$372 (+19.7%)
$31,000 + $84,000
$115,000
2016
$311 (+7.6%)
$31,000 + $84,000
$115,000
2015
$289 (+1.8%)
$31,000 + $58,800
$89,800
2014
$284
$31,000 + $58,800
$89,800
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
1977
Finished Sq. Ft.
1,336
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,336
Year built
1971
Style
Single Family Residential
County
New Hanover County
APN
R07913-006-018-000
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.
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 106° 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 • 28412
Average low and high temperatures (°F)
53
34
58
39
71
50
77
58
81
65
89
73
91
76
85
72
81
67
75
57
69
50
59
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Wilmington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 209 Cathay Rd
$292,734
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $325K.