Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements. The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income. It could also be a great opportunity for a future owner-occupant. Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look. Owner is a licensed North Carolina real estate broker.
Eastwind-Piney Acres, located between Market Street and Gordon Road, is a residential and suburban Wilmington neighborhood with pine-shaded streets and low-slung ranch homes. The neighborhood’s character concentrates around the Market Street corridor near Gordon Road, where local eateries, service storefronts, and everyday errands set a steady, lived-in rhythm. Nearby anchors such as Castle Street Kitchen, The Cargo District, and Wilmington Brewing Company add a creative, small-batch counterpoint to the area’s quiet blocks. Yards, mature trees, and modest porches shape an outdoors-forward feel. Side streets favor walking loops and bike spins, while nearby green space and waterways keep the landscape close. Architecture stays practical and varied, with mid-century lines mixed into newer infill.
Provided by Walk Score and Local Logic
Market insights
5315 Andover Rd · $375,000
DAYS ON MARKET
1 days
The average home goes pending in 51 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
LIST PRICE
$375,000
Median sale price in this area is $478,430. (28% higher than this home)
PRICE DROP
0 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Electric oven and electric cooktop
Electric water heater
Updated/remodeled interior
Wood flooring
Crawl space basement (no finished basement)
Six total rooms
Bathrooms
Two full bathrooms
Kitchen
Electric oven
Electric cooktop
Laundry & utility
Laundry closet
Flooring
Wood flooring
Heating & cooling
Heat pump and electric heating
No cooling (no central air)
Exterior features
Rear porch
Deck
Chain link fencing around backyard
Storage building/structure on property
Has a view
No additional exterior features listed
Home design
Single-family residence
One story (entry level 1)
Parking
Unpaved off-street parking
Construction
Brick veneer and frame construction
Shingle roof
Utilities
Public water
Sewer available
Water available
HOA & community
No association amenities
Other
Zoned R-15
Located in the Green Acres subdivision
Electricity and solar
View estimated energy costs and solar savings for this home
This district is established for low density residential development and other compatible uses. Recognition of the existing residential development pattern located within the city and on its fringes creates a need for this district to preserve the character of these established neighborhoods and protect their associated property values. Land uses considered harmful to the health, safety and welfare of district residents shall be prohibited from infringing upon the livability of the residential areas within the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Recreation
Golf related
Park & open space
Climate risks
4/10 Flood Factor
Estimated 19-29% chance 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 104° expected this year, 18 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 • 28403
Average low and high temperatures (°F)
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58
40
70
51
76
59
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89
77
85
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81
68
74
58
69
51
58
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5315 Andover Rd
$374,854
$146 under list price of $375K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $460K.