Single Family Residence at 507 Commons Way, Wilmington, NC 28409
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51 photos

$465,000

507 Commons Way, Wilmington, NC 28409
Wilmington, NC 28409
Listed by Kelly S Willis · Berkshire Hathaway HomeServices Carolina Premier Properties
Bedrooms
4
Bathrooms
3
Living area
2,083 sqft
Year built
1992

About this home

Welcome to this beautifully updated 4-bedroom, 3-bath home in the desirable Masonboro/Midtown area of Wilmington and within the Hoggard School District. Offering well over 2,000 heated square feet, this versatile home features not one, but two impressive primary suites--making it ideal for a variety of living arrangements, guests, multigenerational living, or simply having plenty of private space. The main living level has been thoughtfully remodeled with an open and inviting feel, abundant natural light, fresh paint, new flooring, and a spacious living area highlighted by vaulted ceilings. The eat-in kitchen provides plenty of room for everyday meals and gatherings with family and friends. The first-floor primary suite is a true retreat, featuring a vaulted ceiling, ensuite bath with dual vanities, a walk-in closet, and direct access to the back deck. Two additional generously sized bedrooms, a full bath, and laundry room complete the main level. Upstairs, you'll find an impressive second primary suite offering exceptional privacy and flexibility. This spacious retreat features a large walk-in closet and ensuite bath with dual vanity and tiled walk-in shower. Outside, the possibilities continue. Situated on a .38-acre lot, the completely fenced backyard features a double gate providing easy access for boat storage, recreational vehicles, or all your outdoor toys. A separate 10 x 28 workshop/storage building and 10 x 16 garden shed are ready for hobbies, projects, equipment, or additional storage. The spacious 16 x 16 back deck creates the perfect setting for grilling, entertaining, or relaxing with family and friends while enjoying the privacy of the backyard. With its flexible two-primary-suite floor plan, thoughtful updates, generous fenced lot, workshop, and convenient Masonboro/Midtown location, this home offers the space and versatility today's buyers are looking for--all just minutes from shopping, dining, schools, and Wilmington's beautiful beaches.

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
100605476
Property type
Single Family Residence
Subdivision
Middleborough
Status
Active
Days on market
32
On market date
September 22, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.38 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
2.17 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
Myrtle Grove Middle
2.31 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
715
Student:teacher ratio
15.9:1
District
New Hanover County Schools
High
Isaac M Bear Early College High School
3.44 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.

31
Car-dependent
out of 100
EPA National Walkability Index
6.2 / 20 -- Below average walkable

Market position

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

On the market 32 days -- 69 fewer 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
$2,950/mo
$93,000 down
$372,000 loan
Principal & interest$2,413
Property tax (est.)$388
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 2 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.