2309 Lynnwood Dr, Wilmington, NC 28403
- $1,385,000
- 7
- BD
- 7
- BA
- 3,754
- SqFt
- List Price
- $1,385,000
- Status
- ACTIVE
- MLS#
- 100580579
- Price Change
- ▼ $50,000 1784825341
- Property Type
- Single Family Residence
- Bedrooms
- 7
- Full Baths
- 7
- Lot Size
- 21,344
- Year Built
- 1967
Property Description
Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's highly sought-after Glen Meade/South Oleander neighborhood. The detached guest house has a proven short-term rental history, generating $4,280.61 in May, $5,955.66 in June, and a projected $7,258.82 in July, making it ideal for supplemental income, multi-generational living, or private guest accommodations. The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Completed in 2024, the guest house--known as The Magnolia--includes its own private entrance, driveway, fire pit, and outdoor shower. The extensively renovated main home showcases a spacious primary suite addition, custom mahogany details, polished concrete floors, updated bathrooms, and a designer kitchen with custom cabinetry and premium finishes. Major upgrades include two new HVAC systems, spray foam insulation, new landscaping, a wraparound driveway, and a privacy fence. Ideally located just minutes from Historic Downtown Wilmington, Wrightsville Beach, and Cape Fear Country Club, this exceptional property combines location, luxury, and investment potential in one of Midtown Wilmington's most desirable neighborhoods. Seller is the listing agent and a licensed North Carolina Real Estate Broker.
Additional Information
- Elementary School
- Alderman
- Middle School
- Williston
- High School
- New Hanover
- Exterior Features
- Irrigation System, Insulated Doors
- Foundation
- Slab
- Interior Features
- Ceiling Fans, Walk-In Shower, Drapes/Blinds
- Levels
- Two
- Lot Description
- Landscaped, Sprinkler System-Yard
- Possession
- Close Of Escrow, Negotiable, At Closing
- County
- New Hanover
- Neighborhood
- Glen Meade
- Project/Section
- Glen Meade
- Acres
- 0.49
- Amenities
- None
- Heating
- Electric, Heat Pump
- Utilities
- Natural Gas Available, Sewer Connected, Water Available
- Zoning
- R-15
- Listing Courtesy Of
- Cadence Realty Corporation
Listing courtesy of Listing Agent: John F Hally () from Listing Office: Cadence Realty Corporation.
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