$330,000
2 bd · 2 ba · 1,016 sq ft
1201 Grace Street
Wilmington, NC, 28401 · Rankin Place North
Listed 81 days ago
Listed by The Saltwater Agency LLC
About this home
Welcome to this charming downtown Wilmington cottage where nearly every surface has been updated. With 2 bedrooms, 2 full bathrooms, and a flexible bonus room that's ideal for a home office, guest room, or hobby space, the layout offers versatility without sacrificing charm. The custom kitchen features quartz countertops, a natural gas range, quality cabinetry, and beautiful finishes that complement the home's original character. Graceful archways, abundant natural light, new LVP flooring, and new windows create a bright, inviting feel throughout. Recent improvements include an HVAC system less than five years old, natural gas heat, and a Rinnai tankless water heater. Outside, the fully fenced backyard provides plenty of space to relax, entertain, garden, or let pets roam, while off-street parking is a rare convenience in this downtown location. Situated on Grace Street, you're just blocks from HighWire Brewing, Folks Cafe, neighborhood coffee shops, local fitness studios, and the best of downtown Wilmington. With no HOA and investor-friendly potential, this home offers flexibility whether you're looking for a primary residence, a second home, or an investment property. *Virtual staging on select photos*.
Facts
- Type
- Single Family Residence
- Year built
- 1920
- Lot
- 0.12 acres
- Community
- Rankin Place North
- County
- New Hanover
- MLS #
- 100586386
Features
Inside
- Master Downstairs
- Eat-in Kitchen
Outside
- None
Community
- None
Parking
- On Street
- Off Street
Heating & cooling
- Forced Air
- Natural Gas
- Central Air
Schools
- Elementary
- Snipes
- Middle
- Williston
- High
- New Hanover
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
Monthly payment estimate
$2,093/mo
- Principal & interest (30-yr fixed)$1,966
- Property taxes (2025 bill)$127
Estimate only. Rate is the national 30-year average (6.95% as of Sep 17, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this in Rankin Place North
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 311 S 15th Street, Wilmington | Jun 3, 2026 | 2 / 1 | 970 | $222,000 | $229 |
| 1115 Grace Street, Wilmington | Jun 2, 2026 | 3 / 2 | 1,139 | $340,000 | $299 |
| 410 Mcrae Street, Wilmington | Apr 29, 2026 | 3 / 2 | 1,197 | $360,000 | $301 |
| 813 Walnut Street, Wilmington | Feb 20, 2026 | 2 / 2 | 1,163 | $345,000 | $297 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wilmington? Local guides
- Leland vs. Wilmington: What You Get for Your MoneyLeland vs. Wilmington, NC side by side from 12 months of real sales: price per square foot, home size and age, days on market, new construction and HOAs.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 1201 Grace Street
1201 Grace Street is a 2-bedroom, 2-bath home of about 1,016 square feet, built in 1920 in Rankin Place North, Wilmington, New Hanover County, NC 28401.
At $330,000, it's 14% above the median asking price ($289,000) of the 163 other 2-bedroom listings for sale in Wilmington today.
That's about $325 per square foot, compared with a Wilmington median of $262.
3 other homes are for sale in Rankin Place North right now (median asking $409,000); 19 homes sold there in the last 12 months at a median of $298,000, typically in about 64 days.
Across ZIP 28401, 154 2-bedroom homes sold in the past year at a median of $126,500.
It has been on the market for 82 days.
Rankin Place North neighborhood guideHomes for sale in WilmingtonNew Hanover County homes
Buying 1201 Grace Street
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 1201 Grace Street? See what it's worth — every online estimate side by side, next to real sales in Rankin Place North.
What's my home worth? →Questions about 1201 Grace Street
How much is 1201 Grace Street?
1201 Grace Street is listed at $330,000 (about $325 per square foot) as of September 23, 2026. Status: for sale.
How many bedrooms and bathrooms does 1201 Grace Street have?
2 bedrooms and 2 bathrooms, with about 1,016 square feet.
What neighborhood is 1201 Grace Street in?
Rankin Place North, in Wilmington, New Hanover County, North Carolina.
How long has 1201 Grace Street been on the market?
82 days. Homes in Rankin Place North sold after a median of 64 days over the past year.
What have homes sold for in Rankin Place North?
19 homes sold in Rankin Place North in the last 12 months, at a median price of $298,000.
When was 1201 Grace Street built?
1920.
Who is the listing broker for 1201 Grace Street?
The Saltwater Agency LLC (MLS #100586386). The Buddy Blake Team can show it to you and answer questions.
Can I tour 1201 Grace Street?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.