$1,544,154
$759K since sold in July 2020$13K since August
This home's estimate is 334.2% higher than the average sale price ($356K) of 6 comparable homes.
Claim this home to receive a free report every month with insights on the changing estimate.
SOLD
$1,544,154
Est. refi paymentEst. refi $4,871/mo
2
bd•
2.5 ba
•
1,600
sq ft
5550 Peden Point Rd, Wilmington, NC 28409
About this home
Waterfront home on 1.19 acres with breathtaking views of the Intracoastal Waterway and beyond! This property features approximately 111ft on the Intracoastal and is just waiting for you to add your own personal touches. The upper main level of the home has 2 bedrooms, 2.5 baths, a 6-burner gas Wolf range, walk-in pantry, and wrap-around porch. On the lower level is a 3-car garage, 1-car carport, patio, laundry room, and 742 sq. ft. accessory studio apartment with a kitchen, full bath, 2 walk-in closets, and an open living/bedroom area. The apartment is not included in the total square-feet and is accessible through the garage or from the rear deck. This property also has a Rinnai water heater, a highly-rate brand. Don't let this opportunity pass you by. This home has lots of potential.
Single-familyProperty Type
1979Year Built
1.2 acresLot Size
$965Est. Price/Sq.Ft.
3 car garageParking
Source:Public Records
Redfin Estimate
Earn from this home
Sell
$1,453,435
Est. take-home
List your home with Redfin and save $15,442
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Rent
$2,501/mo
Redfin rental estimate
List your home for rent
Market trends in 28409, NC
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
98.6%
0.1% MoM
Median sale price
$569K
$6K MoM
Avg. days on market
42d
1 days MoM
Recently sold homes
208
21 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
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.
JuneDecember
Provided by Shadowmap
More real estate resources
- Zip Codes
- Cities
- Neighborhoods
- Popular Searches
| 28409 homes for sale | |||
| 28412 homes for sale |
Find us
Subsidiaries
Affiliated Business
United States
CanadaCopyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.
GreatSchools Ratings provided by GreatSchools.org.