Single Family Residence at 4806 Collegiate Drive, Wilmington, NC 28403
Single Family Residence at 4806 Collegiate Drive, Wilmington, NC 28403, photo 2 of 6
Single Family Residence at 4806 Collegiate Drive, Wilmington, NC 28403, photo 3 of 6
Single Family Residence at 4806 Collegiate Drive, Wilmington, NC 28403, photo 4 of 6
Single Family Residence at 4806 Collegiate Drive, Wilmington, NC 28403, photo 5 of 6
Single Family Residence at 4806 Collegiate Drive, Wilmington, NC 28403, photo 6 of 6
6 photos

$655,000

4806 Collegiate Drive, Wilmington, NC 28403
Wilmington, NC 28403
Listed by Benjamin T Eisenberg · RE/MAX Essential
Bedrooms
4
Bathrooms
3.5
Living area
2,711 sqft
Year built
2011

About this home

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.

Property details

MLS
Hive MLS
MLS #
100582046
Property type
Single Family Residence
Subdivision
College Park
Status
Active
Days on market
123
On market date
June 16, 2026
Stories
N/A
Total bathrooms
3.5
Garage spaces
2
Parking spaces
2
Lot size
0.14 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
Dr John Codington Elem
4.97 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
454
Student:teacher ratio
15.1:1
District
New Hanover County Schools
Middle
Williston Middle
2.96 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
698
Student:teacher ratio
12.7:1
District
New Hanover County Schools
High
Isaac M Bear Early College High School
0.87 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.

76
Walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable

Market position

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

On the market 123 days -- 22 more days than Wilmington's current average of 101 days.
For reference, the median list price across 1,427 active listings in Wilmington right now is $420,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,094/mo
$131,000 down
$524,000 loan
Principal & interest$3,399
Property tax (est.)$546
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

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.