318 Colonial Drive Wilmington, NC $ 910,000
318 Colonial Drive
$ 910,000
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318 Colonial Drive

Wilmington, NC, 28403
$ 910,000
Bedrooms4 Baths2.1 Sq 2,747

Monthly Estimate*

$ 6,285

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Single Family Home for sale in Wilmington, NC

for $910,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,747 square foot home was built in 1940 on a lot size of 0.28.

Welcome to this beautifully updated Forest Hills residence on Colonial Drive, offering 2,747 square feet of comfortable and versatile living space in one of Wilmington's most desirable locations. The home features four comfortable bedrooms, including a private primary suite with a spa-like bath with a heated floor and generous walk-in closet. Thoughtfully updated throughout, the home combines classic character with modern comfort. The gourmet-style kitchen is designed for both everyday living and entertaining, while the inviting living room features a fireplace and built-in bookshelves. Additional living spaces include a private office, family room, formal dining room, and breakfast room, providing plenty of flexibility for work, relaxation, and gatherings. A screened-in porch overlooks the fenced backyard and connects to a private patio, creating wonderful spaces for outdoor entertaining. The property's mature trees and established landscaping provide a beautiful sense of privacy and complement the classic Forest Hills setting. Recent improvements include an updated roof, windows, lighting, and bathrooms. Adding to the appeal is a separate building featuring a workshop and a stylish speakeasy-inspired gathering space--a unique bonus that provides an exceptional setting for entertaining, hobbies, or a private retreat. Ideally located on Colonial Drive in Forest Hills, this home offers easy access to Downtown Wilmington, Midtown, area beaches, shopping, dining, and entertainment. A rare combination of updated living spaces, timeless character, outdoor privacy, and a one-of-a-kind detached gathering space.

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Single Family Active

Price

$ 910,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 4,113

Style

Single Family Residence

Lot Size

0.28

Year Built

1940

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100598017

Features
General
Living Area 2747.0
Heating Other Natural Gas Radiant
Cooling Central Air
Utilities Natural Gas Connected Sewer Connected Water Connected High Speed Internet
Possession Close Of Escrow At Closing
Roof Shingle
Appliances Mini Refrigerator Built-In Microwave Washer Refrigerator Ice Maker Dryer Disposal Dishwasher Gas Range
Zoning R-15
Patio/Porch Features Covered Deck Patio Porch Screened
Pool Features None
Construction Materials See Remarks Brick Wood Siding Wood Frame
Year Built 1940
View None
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Taxes 4113.15
Parcel Number R05408-003-010-000
Waterfront Features None
Accessibility None
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities None
HOA N
Attached Garage N
Subdivision Name Forest Hills
Garage Y/N N
Other Structures Covered Area See Remarks Workshop
Total Rooms 11
Full Baths 2
Status Active
Directions From Downtown take Market Street East turn right on Colonial and the house is on the right.
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 12284.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Forest Hills
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Williston
Property Condition UpdatedRemodeled
Lease Considered Y/N N
Structure Type Wood Frame Stick Built See Remarks
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 645200
Legal Description 45B/57B/59B Sec A Pt Forest
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Interior
Interior Amenities Walk-in Closet(s) Ceiling Fan(s) Pantry Walk-in Shower Blinds/Shades Built-in Features Walk-In Closet(s)
Basement Crawl Space Partial See Remarks
Flooring Ceramic Tile Hardwood
Furnished Y/N Unfurnished
Water Heater Electric
Master Bed Level Non Primary Living Area
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Attic Features Access Only
Entry Level 1
Room Type Living Room Dining Room Office Family Room Dining Area Breakfast Room Laundry Master Bedroom Bedroom 2 Bedroom 3 Bedroom 4
Unit Type 4 Bedroom Or More
Total Baths 3
Living Area Range 2600 - 2799
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Exterior
Exterior Amenities Other
Exterior Finish Brick Wood Siding
Fencing Back Yard Wood
Parking Features Concrete See Remarks Off Street On Site Tandem
Lot Features Irregular Lot Landscaped
Water Source Public
Total Parking 4.0
Lot Size Area 0.28
Foundation Details Crawl Space
Spa N
Building Area Total 2747.0
Lot Dimensions Irregular
Lot Size Acres 0.28
Road Surface Type Paved
Other Parking some Tandem spaces
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 318
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corporation

Broker

jhovis@intracoastalrealty.com

Email

Affordability Calculator

$6,628
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,285
Monthly Property Taxes
$343
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4735561 Elementary School
4736089 Middle School
New Hanover High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$910,000 -3.70% Price Down
8/22/2026$945,000 Listed Price

Map


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318 Colonial Drive, Wilmington, NC, 28403 is a Single Family Home for sale at $910,000 with 2,747 sqft and a lot size of 0.28. 318 Colonial Drive has 4 bedrooms, 2.1 baths, and was built in 1940. The property's zip code is 28403 which is in Wilmington, NC