Single Family Residence at 109 Pine Clay Road, Wilmington, NC 28403
Single Family Residence at 109 Pine Clay Road, Wilmington, NC 28403, photo 2 of 2
2 photos

$329,000

109 Pine Clay Road, Wilmington, NC 28403
Wilmington, NC 28403
Listed by Mark C Reiser · Coastal Properties
Bedrooms
4
Bathrooms
3
Living area
1,075 sqft
Year built
1945

About this home

Rare Wilmington property featuring a charming cottage-style 3BR/2BA main house plus detached 1BR/1BA ADU tucked away on a private wooded lot in central Wilmington. The main home blends classic character with thoughtful updates including updated flooring, paint, fixtures, kitchen improvements, and exterior enhancements while maintaining its original cottage charm. The detached ADU offers excellent flexibility for rental income, guest space, multi-generational living, home office use, or house-hack potential. A new roof was recently installed on the ADU. The main house was recently rented for $2,000/month and the ADU for $1,000/month. Both units are currently vacant. Highlights: 3BR/2BA main house Detached 1BR/1BA ADU Brand-new roof on ADU Both units currently vacant Previous combined rents of $3,000/month No HOA Private wooded lot Covered front porch Value-add and rental upside Great setup for investor, house hack, guest space, or multi-generational living Convenient to UNCW, Mayfaire, Wrightsville Beach, shopping, dining, and downtown Wilmington Seller financing may be considered with strong terms A rare opportunity to own a versatile income-producing property with character, flexibility, and strong rental potential in a highly convenient Wilmington location. Owner is a licensed North Carolina real estate agent.

Property details

MLS
Hive MLS
MLS #
100574386
Property type
Single Family Residence
Subdivision
College Acres
Status
Active
Days on market
155
On market date
June 4, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.34 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
College Park Elementary
0.3 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
449
Student:teacher ratio
12.8:1
District
New Hanover County Schools
Middle
M C S Noble Middle
1.67 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
629
Student:teacher ratio
14.3:1
District
New Hanover County Schools
High
Isaac M Bear Early College High School
1.79 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
230
Student:teacher ratio
23.0:1
District
New Hanover County Schools

Walkability

Blended score for Wilmington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

73
Walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Wilmington, from live MLS data.

On the market 155 days -- 55 more days than Wilmington's current average of 100 days.
For reference, the median list price across 1,428 active listings in Wilmington right now is $419,900.

Mortgage calculator

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Est. monthly payment
$2,131/mo
$65,800 down
$263,200 loan
Principal & interest$1,707
Property tax (est.)$274
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 28 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.