Location
Agent Comments
Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence.
The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest.
The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit.
Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.
Amenities
- Built-In Microwave
- Dishwasher
- Electric Range
Additional Features
- Association Amenities: None
- County: New Hanover
- Days on Market: 92
- Pool: No
- Tax Number: R05507-002-088-000
- Water/Sewer: Sewer Connected, Water Connected
- Year Built: 2011
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Tax Year: 2025
- Tax Amount: $3,117.29
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air, Wall/Window Unit(s)
- Floors: Carpet, Tile, Wood
- Heat System: Electric, Heat Pump
- Interior: Walk-in Closet(s), Elevator, Ceiling Fan(s), Pantry, Walk-in Shower, Walk-In Closet(s)
- Room Type: Dining Area, Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Laundry
- Total Rooms: 8
- Levels: Three Or More
- Heating Fuel: Electric
- Association Amenities: None
- Full Baths: 3
- 1/2 Baths: 1
- Laundry: Laundry Room
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Concrete, Off Street
- Roof: Shingle
- Siding: Vinyl Siding
- Is New Construction: No
- Construction: Vinyl Siding,Wood Frame
- Foundation: Slab
- Water Source: Public
- Septic or Sewer: Municipal Sewer
- Utilities: Sewer Connected,Water Connected
- Garage Spaces: 2
- Parking Spaces: 2
- Fencing: Back Yard,Wood
- Exterior: Vinyl Siding
- Patio/Deck Description: Deck,Porch,Screened
- Zoning: R-10
- Building Total Area (Sq.Ft): 2711
- Road Description: City Street,State Road
- Road Improvements: See Remarks
- View Description: None
Location
- Directions: TakeUS-17 BUS S/Market St Turn left onto Lullwater D Turn left onto Collegiate Dr
- Street Number: 4806
- County: New Hanover
- Latitude: 34.232966
- Longitude: -77.883963
- Subdivision: College Park
- Marketing City: Wilmington
Listed by: Benjamin T Eisenberg from RE/MAX Essential.