Proven income-producing property with up to $85K/year in STR revenue—without full-time operation! Tucked in a quiet cul-de-sac in sought-after Bayshore Estates, this updated 4BR (+FLEX Apartment), 3.5BA home offers privacy, space, and convenience just minutes from Wrightsville Beach, downtown Wilmington, and more. Features include a heated saltwater pool, screened porch w/ hot tub, attached greenhouse, playground, and spacious 0.67-acre lot—rare for the area, and optional community boat ramp access. The in-law suite has a private bath, flex room (used as a 5th BR), and kitchenette plumbed for a full kitchen—ideal for guests, multi-generational living, or rental potential. Upgrades include brand-new well, new HVAC, dual 200-amp service, 50-amp RV hookup, generator connection, ample parking, and a fun hidden passage between suites. Property extends beyond the fenced yard with approx. 50 extra feet on one side and 150 on the other. Room to grow, income to earn, and a location that can't be beat—this one checks all the boxes!
Tenant purchased property. For comp purposes only.
Public Records
Apr 1, 1996
Sold
$237,000
$81/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,932 (−13.2%)
$149,200 + $447,100
$596,300
2024
$2,225 (+0.3%)
$149,200 + $447,100
$596,300
2023
$2,219 (−0.9%)
$130,800 + $280,900
$411,700
2022
$2,240 (−1.2%)
$130,800 + $280,900
$411,700
2021
$2,266 (+14.0%)
$130,800 + $280,900
$411,700
2020
$1,988
$130,800 + $280,900
$411,700
2019
$1,988
$78,800 + $235,500
$314,300
2018
$1,988 (−2.3%)
$78,800 + $235,500
$314,300
2017
$2,035 (−2.1%)
$78,800 + $249,700
$328,500
2016
$2,079 (+7.6%)
$78,800 + $249,700
$328,500
2015
$1,932 (+1.7%)
$78,800 + $221,200
$300,000
2014
$1,899
$78,800 + $221,200
$300,000
Tax history for 7625 Mallow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,932 (−13.2%)
$149,200 + $447,100
$596,300
2024
$2,225 (+0.3%)
$149,200 + $447,100
$596,300
2023
$2,219 (−0.9%)
$130,800 + $280,900
$411,700
2022
$2,240 (−1.2%)
$130,800 + $280,900
$411,700
2021
$2,266 (+14.0%)
$130,800 + $280,900
$411,700
2020
$1,988
$130,800 + $280,900
$411,700
2019
$1,988
$78,800 + $235,500
$314,300
2018
$1,988 (−2.3%)
$78,800 + $235,500
$314,300
2017
$2,035 (−2.1%)
$78,800 + $249,700
$328,500
2016
$2,079 (+7.6%)
$78,800 + $249,700
$328,500
2015
$1,932 (+1.7%)
$78,800 + $221,200
$300,000
2014
$1,899
$78,800 + $221,200
$300,000
*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
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.67 Acres
Year renovated
—
Sq. Ft.
2,544
Year built
1990
Style
Single Family Residential
County
New Hanover County
APN
R03619-016-017-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 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.
Appliances: Vented Exhaust Fan, Electric Oven, Water Softener, Washer, Refrigerator, Dryer, Double Oven, Disposal, Dishwasher
Flooring: Carpet, Tile, Wood
Room Information
# of Rooms Total: 16
Laundry Features: Laundry Room
Basement Details: Crawl Space
Exterior
Exterior Features
Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
Fencing: Back Yard, Wood, Privacy
Roof: Shingle
Pool Information
Pool Features: In Ground
Has Spa/Hot Tub
Building Information
Sq. Ft.: 2938
Levels: Two
Construction Materials: Brick
Foundation Details: Slab
Property Features
Security Features: Smoke Detector(s)
Accessibility Features: Accessible Full Bath
Other Equipment: Irrigation Equipment
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
Lot Features: Cul-De-Sac, Level
Road Surface Type: Paved
Road Frontage Type: City Street, State Road
Lot Size : 0.67
Lot Size Dimensions: 69.85 x 88.46 x 310.95 x 107.79 x 236.02
Lot Size Area: 0.67
Lot Size Units: Acres
Lot Size Acres: 0.67
Zoning: R-15
Utilities
Utility Information
Water Source: Well
Utilities: Sewer Available
Location
Schools Information
Elementary School: Ogden
Middle Or Junior School: Holly Shelter
High School District: New Hanover
High School: Laney
Location Information
Directions: 1. Head north on Market Street 2. Turn right onto Bayshore Drive 3. Turn left onto Mallow Road 4. Destination will be on the left at the end of the road in the culdesac
Subdivision Name: Bayshore Estates
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,544
Stories: 2.0
Lot Size: 0.67 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: —
County: New Hanover County
APN: R03619-016-017-000
Home facts updated by county records on Jul 17, 2026
Other
Listing Information
List AOR: Cape Fear Realtors MLS, Inc.
Around this home
Schools
Ogden Elementary
Public K-5 • Assigned • 1.1mi
8/10
Holly Shelter Middle School
Public 6-8 • Assigned • 6.9mi
8/10
Emsley A Laney High
Public 9-12 • Assigned • 4.0mi
4/10
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
4/10 Fire Factor
1% chance of being 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
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Wilmington, NC • 28411
Average low and high temperatures (°F)
53
33
58
38
71
49
77
56
80
64
89
72
89
77
86
71
82
67
74
55
69
48
58
38
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 5.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$705,000 – $854,000
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