516 S 2nd Street Wilmington, NC $ 625,000
516 S 2nd Street
$ 625,000
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516 S 2nd Street

Wilmington, NC, 28401
$ 625,000
Bedrooms3 Baths2.0 Sq 1,924

Monthly Estimate*

$ 3,848

516 S 2nd Street, Wilmington, NC 28401 - Image 1

Single Family Home for sale in Wilmington, NC

for $625,000 with 3 bedrooms and 2 full baths. This 1,924 square foot home was built in 1912 on a lot size of 0.1.

Welcome to the historic Samuel Reaves House, a rare opportunity to own a beautifully updated 3-bedroom, 2-bath home in the heart of Downtown Wilmington. Original heart pine floors anchor the living and dining rooms, where a striking double fireplace sets the tone for timeless character and warmth. Behind the charming bungalow façade, the home opens up to a surprisingly spacious layout. A second living area leads through a dramatic cathedral-ceiling hallway, connecting seamlessly to the screened-in porch and private primary suite. The fully remodeled kitchen features new cabinetry and granite countertops, blending modern functionality with historic appeal. The primary suite offers a spa-like retreat with a tiled walk-in shower and an elegant freestanding soaking tub. Both bathrooms have been completely renovated, the interior has been freshly painted, and the HVAC system was replaced in 2023—meaning the heavy lifting is already done. Outside, a brick courtyard creates a secluded oasis with shaded privacy and an in-ground spa—perfect for unwinding after enjoying all that downtown living has to offer. Located on the 500 block of South 2nd Street, this tight-knit stretch of downtown feels like its own neighborhood, where porch waves and friendly hellos are part of daily life. Historic character, thoughtful updates, and true downtown walkability—this one checks all the boxes.

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Single Family Pending

Price

$ 625,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,106

Style

Historic District

Lot Size

0.1

Year Built

1912

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100552081

Features
General
Living Area 1924.0
Heating Gas Pack Natural Gas
Cooling Central Air
Utilities Sewer Available Water Available
Possession Close Of Escrow At Closing
Roof Architectural Shingle
Appliances Electric Oven Electric Cooktop Washer Refrigerator Dryer Disposal
Zoning HD-R
Patio/Porch Features Covered Enclosed Patio Porch Screened
Architectural Style Historic District
Pool Features In Ground See Remarks
Construction Materials Wood Siding
Year Built 1912
Style Historic District
View See Remarks
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Taxes 3106.7
Parcel Number R05409-001-018-000
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 Historic District
Garage Y/N N
Other Structures Storage
Total Rooms 6
Full Baths 2
Status Pending
Directions on 2nd st
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 4356.0
Carport Spaces 0.0
Carport Y/N N
Green Building Verification Type None
Elementary School Snipes
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required
Home Warranty Y/N Y
Middle/Junior High School Williston
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Pending
Tax Assessed Value 527900
Legal Description Blk 87 Se 4 Ne 5
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Interior
Interior Amenities Master Downstairs Walk-in Closet(s) High Ceilings Ceiling Fan(s) Hot Tub Pantry Walk-in Shower Blinds/Shades Gas Log Walk-In Closet(s)
Basement None
Flooring Carpet Tile Wood
Furnished Y/N Negotiable
Water Heater Electric
Fireplace Features Gas Log
Master Bed Level Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 3
Attic Features Pull-Down Stairs
Room Type Living Room Dining Area Dining Room Master Bedroom Bedroom 2 Bedroom 3
Total Baths 2
Living Area Range 1800 - 1999
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Exterior
Exterior Amenities Gas Log Storm Doors
Exterior Finish Wood Siding
Fencing Wood
Parking Features Paved On Street
Water Source Public
Total Parking 0.0
Lot Size Area 0.1
Foundation Details Crawl Space
Spa N
Building Area Total 1924
Lot Dimensions 30 x 164 x 27 x 164
Lot Size Acres 0.1
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Door Features Storm Door(s)
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 1 516
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* Excluded Features
List By
Paul D Allsup

Listing Agent

Coldwell Banker Sea Coast Advantage-Midtown

Broker

paulallsup@seacoastrealty.com

Email

Affordability Calculator

$4,107
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4736780 Elementary School
4736089 Middle School
New Hanover High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$625,000 Listed Price

Map


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516 S 2nd Street, Wilmington, NC, 28401 is a Single Family Home for sale at $625,000 with 1,924 sqft and a lot size of 0.1. 516 S 2nd Street has 3 bedrooms, 2.0 baths, and was built in 1912. The property's zip code is 28401 which is in Wilmington, NC