518 Thomas Avenue Wilmington, NC $ 325,000
518 Thomas Avenue
$ 325,000
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518 Thomas Avenue

Wilmington, NC, 28405
$ 325,000
Bedrooms3 Baths1.0 Sq 1,365

Monthly Estimate*

$ 2,052

518 Thomas Avenue, Wilmington, NC 28405 - Image 1
518 Thomas Avenue, Wilmington, NC 28405 - Image 2

Single Family Home for sale in Wilmington, NC

for $325,000 with 3 bedrooms and 1 full bath. This 1,365 square foot home was built in 1951 on a lot size of 0.32.

Charming brick ranch on a rare third-acre corner lot, minutes from downtown! Inside, 3 bedrooms and 1 full bath live together on one easy level--no stairs, no wasted square footage, just a layout that works. The primary bedroom, two more bedrooms, living room, dining room, and kitchen all share the same floor, so daily life stays simple. Out back is where this one sets itself apart: a peaceful water feature for quiet mornings, muscadine grape vines growing along the fence line, and a patio with plenty of space to relax or entertain. The oversized corner lot offers room to garden, play, expand, or simply make it your own. An attached one-car garage adds everyday convenience and valuable storage, while no HOA gives you the freedom to personalize the property as you choose. Just minutes from downtown Wilmington, with quick access to ILM, Wrightsville Beach, the Riverwalk, Kennedy Park, and Maides Park. Rare third-acre corner lots like this don't come around often--come see it before someone else does.

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Single Family Coming Soon

Price

$ 325,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 2,507

Style

Single Family Residence

Lot Size

0.32

Year Built

1951

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100589818

Features
General
Living Area 1365.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Shingle
Appliances Gas Cooktop Refrigerator Dishwasher
Zoning R-10
Garage Spaces 1.0
Patio/Porch Features Patio Porch
Pool Features None
Construction Materials Stucco Wood Frame
Year Built 1951
View See Remarks
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Taxes 2507.6
Parcel Number R04811-003-003-000
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
HOA N
Attached Garage Y
Subdivision Name Princess Place
Garage Y/N Y
Total Rooms 8
Full Baths 1
Status Coming Soon - No Showings
Directions From Market Street turn onto Princess Place Drive. Turn right onto Kenwood Avenue then left onto Belvedere Drive. Turn right onto Thomas Avenue. The property will be on the right.
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 13896.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Freeman
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Holly Shelter
Lease Considered Y/N N
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Coming Soon
Tax Assessed Value 426100
Legal Description Lot 9 Blk 23 Princess Place
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Interior
Interior Amenities Blinds/Shades
Basement None
Flooring Tile Wood
Water Heater Electric
Master Bed Level Primary Living Area
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 3
Entry Level 1
Room Type Dining Room Living Room Dining Area Master Bedroom Bedroom 1 Bedroom 2 Bathroom 1 Laundry
Unit Type 3 Bedroom
Total Baths 1
Living Area Range 1200 - 1399
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Exterior
Exterior Finish Stucco
Fencing Chain Link Back Yard Vinyl
Parking Features On Site
Lot Features Corner Lot
Water Source Public
Total Parking 1.0
Lot Size Area 0.32
Foundation Details Crawl Space
Spa N
Building Area Total 1365.0
Lot Dimensions 89x99x47x73x122
Lot Size Acres 0.32
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 518
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* Excluded Features
List By
Morgan Beatty Group

Listing Agent

Re/Max Essential

Broker

team@mbcoastal.com

Email

Affordability Calculator

$2,261
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,052
Monthly Property Taxes
$209
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4735832 Elementary School
4736983 Middle School
New Hanover High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$325,000 Listed Price

Map


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518 Thomas Avenue, Wilmington, NC, 28405 is a Single Family Home for sale at $325,000 with 1,365 sqft and a lot size of 0.32. 518 Thomas Avenue has 3 bedrooms, 1.0 baths, and was built in 1951. The property's zip code is 28405 which is in Wilmington, NC