Location
Agent Comments
Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's highly sought-after Glen Meade/South Oleander neighborhood. The detached guest house has a proven short-term rental history, generating $4,280.61 in May, $5,955.66 in June, and a projected $7,258.82 in July, making it ideal for supplemental income, multi-generational living, or private guest accommodations.
The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Completed in 2024, the guest house--known as The Magnolia--includes its own private entrance, driveway, fire pit, and outdoor shower.
The extensively renovated main home showcases a spacious primary suite addition, custom mahogany details, polished concrete floors, updated bathrooms, and a designer kitchen with custom cabinetry and premium finishes. Major upgrades include two new HVAC systems, spray foam insulation, new landscaping, a wraparound driveway, and a privacy fence.
Ideally located just minutes from Historic Downtown Wilmington, Wrightsville Beach, and Cape Fear Country Club, this exceptional property combines location, luxury, and investment potential in one of Midtown Wilmington's most desirable neighborhoods.
Seller is the listing agent and a licensed North Carolina Real Estate Broker.
Amenities
- Gas Oven
- Washer
- Refrigerator
- Dryer
- Dishwasher
Additional Features
- Association Amenities: None
- County: New Hanover
- Days on Market: 98
- Exterior: Irrigation System,Thermal Doors
- Pool: Yes
- Pool Features: None
- Tax Number: R06012-009-002-000
- Water/Sewer: Natural Gas Connected, Sewer Connected, Water Connected
- Year Built: 1967
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Tax Year: 2025
- Tax Amount: $4,887.50
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air, Zoned, Multi Units
- Floors: Brick, Concrete, Tile, Wood
- Heat System: Electric, Heat Pump
- Interior: Ceiling Fan(s), Walk-in Shower, Blinds/Shades, Built-in Features
- Room Type: Dining Room, Living Room, Den, Dining Area, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7
- Total Rooms: 13
- Levels: Two
- Heating Fuel: Electric
- Association Amenities: None
- Full Baths: 5
- 1/2 Baths: 2
- Furnished: Negotiable
- Water Heater: Electric,Natural Gas
- Attic Description: Pull-Down Stairs
- Basement Description: None
Exterior Features
- Exterior: Irrigation System, Thermal Doors
- Fuel Tanks: None
- Parking: Circular Driveway, Off Street
- Pool: None
- Roof: Architectural Shingle
- Siding: Brick
- Is New Construction: No
- Construction: Block,Brick,Wood Frame
- Foundation: Slab
- Water Source: Public
- Septic or Sewer: Municipal Sewer
- Water Provider: Cape Fear Public Utility Authority
- Utilities: Natural Gas Connected,Sewer Connected,Water Connected
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: Back Yard,Wood
- Exterior: Brick
- Patio/Deck Description: Patio,Front Porch
- Is Horse Property: No
- Zoning: R-15
- Building Total Area (Sq.Ft): 2581
- Road Description: City Street,State Road,Paved
- Road Improvements: See Remarks
- View Description: See Remarks
Location
- Directions: From Oleander Drive heading toward downtown Wilmington, turn left onto S. Live Oak Parkway, then right onto S. Canterbury Road, left onto Blythe Road, right onto Echo Lane, and left onto Lynnwood Drive. The property will be on the right-hand side
- Street Number: 2309
- County: New Hanover
- Latitude: 34.201975
- Longitude: -77.916101
- Subdivision: Glen Meade
- Marketing City: Wilmington
Listed by: John F Hally from Cadence Realty Corporation.