Not In Subdivision Homes with Roland Grise Middle School

Not In Subdivision Homes with Roland Grise Middle School

Welcome to Wilmington, North Carolina, a vibrant coastal city where southern charm meets modern living. Nestled in the heart of New Hanover County, this area is perfect for families seeking a blend of tranquility and convenience. While you won't find a traditional subdivision here, the allure of "Not In Subdivision" homes offers a unique opportunity for those looking for more space and individuality.

Imagine waking up in a spacious home surrounded by lush greenery and the gentle sounds of nature, all while being just minutes away from Wilmington's bustling downtown and stunning beaches. This area is ideal for families, with the highly regarded Roland Grise Middle School conveniently located nearby. Known for its dedicated educators and strong community involvement, this school provides an excellent foundation for your children’s education, making it a sought-after location for families.

The homes in this region boast a variety of architectural styles and sizes, ensuring that there’s something for everyone. Whether you're looking for a cozy cottage or a larger family residence, the charm of Wilmington is reflected in the character of these properties. With easy access to parks, shopping, dining, and recreational activities, you'll find that life here is both fulfilling and enjoyable.

Explore the possibilities of living in this beautiful area where you can create your own sanctuary, all while being part of a community that values education and outdoor living. Discover your dream home in Wilmington, where the spirit of the South meets the beauty of coastal life!

Newest Not In Subdivision Homes with Roland Grise Middle School

$525,000
4 Beds 2 Baths 100582541 MLS
Unique investment and owner-user opportunity in one of Wilmington's most visible and desirable corridors. Located on highly traveled Oleander Drive and zoned Residential Office (RO), 4924 Oleander Drive offers exceptional flexibility for residential, professional office, rental income, or mixed-use applications (subject to applicable city regulations and approvals). The property features a charming 2-bedroom, 1-bath main house that is currently vacant, providing immediate occupancy for an owner-user, tenant placement, or office conversion. Complementing the main residence is a detached 2-car garage with a 2-bedroom, 1-bath accessory dwelling unit (ADU), currently tenant occupied. The ADU will require some finish work and repairs, presenting an opportunity for value-add improvements. The Residential Office zoning opens the door to a variety of potential uses, including residential occupancy, professional office space, live-work arrangements, rental investment, or other permitted uses. Buyers should verify intended use with the City of Wilmington. Positioned in a high-visibility location with excellent access and exposure, the property is just minutes from the University of North Carolina Wilmington (UNCW), Independence Mall, Hanover Center, Novant Health facilities, restaurants, retail centers, and numerous professional businesses. Its central Wilmington location provides convenient access to Downtown Wilmington, Wrightsville Beach, and major transportation corridors. Whether you're seeking an income-producing investment, a live-work property, professional office location, or redevelopment opportunity, 4924 Oleander Drive offers versatility, visibility, and long-term potential in one of Wilmington's most established commercial and residential districts. Property is being sold AS-IS.

4924 Oleander Dr, Wilmington

$3,495,000
4 Beds 3 Baths 100560546 MLS
A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. All six are homes are fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.

4946 Wrightsville Ave, Wilmington

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