4806 Collegiate Dr, Wilmington, NC 28403

$655,000
4
BD
4
BA
2,711
SqFt

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List Price
$655,000
Status
ACTIVE
Days on Market
41
MLS#
100582046
Subtype
Residential
Year Built
2011
Bedrooms
4
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
2,711
Lot Size
5,663
Acres
0.14
Subdivision
College Park
Neighborhood
College Park

Property Description

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.

Additional Information

Amenities
None
Interior Features
Walk-In Closet(s), Elevator, Ceiling Fans, Pantry, Walk-In Shower, Walk-In Closet(s)
Zoning
R-10
Flooring
Carpet, Tile, Wood
Appliances
Built-In Microwave, Dishwasher, Electric Range
Heating
Electric, Heat Pump
Air Conditioning
Central Air, Window/Wall
Levels
Three Or More
Roof
Shingle
Foundation
Slab
Parking Features
Paved, Off Street
Garage Spaces
2
School District
New Hanover
Elementary School
College Park
Middle School
Williston
High School
New Hanover
View
Other

Listing courtesy of Listing Agent: Benjamin T Eisenberg () from Listing Office: RE/MAX Essential.

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