$290,000

Sold Nov 6, 2025

3 bd · 2 ba · 1,406 sq ft

206 Cathay Road

Wilmington, NC, 28412 · Monterey Heights

Hive MLSListed by REAL Broker LLC

Sale details

Sold price
$290,000
Sold on
Nov 6, 2025
First listed at
$295,000
Sold vs. first asking
98.3%
Days on market
11

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About this home

** Back on market due to buyer financing - No inspections performed and No fault of seller ** Welcome to this charming brick rancher, perfectly located just outside city limits with no HOA! Only 10 minutes from Carolina Beach and just 5 minutes from local parks, shopping, and dining, this home offers the ideal blend of convenience and relaxed coastal living. Enjoy easy, one-level living with a spacious family room, three comfortable bedrooms, and 1.5 baths. Recent landscaping enhances the curb appeal, while the expansive fully fenced backyard is perfect for gatherings, pets, or play. A brand-new deck invites you to unwind and soak in those crisp fall evenings. Car enthusiasts, hobbyists, or DIYers will love the oversized detached wired garage/workshop—providing endless possibilities for projects, storage, or creative space. Don't miss your chance to own this move-in ready home complete with conveying appliances, a deep freezer, and workbench. With incredible value and location, this home is ready for its new owner—schedule your showing today before it's gone!

Facts

Type
Single Family Residence
Year built
1971
Lot
0.28 acres
Garage
1 space
Community
Monterey Heights
County
New Hanover
MLS #
100531229

Features

Inside

  • Ceiling Fan(s)
  • Blinds/Shades
  • Laminate
  • Tile
  • Electric Oven
  • Washer
  • Refrigerator
  • Dryer

Outside

  • None
  • Interior Lot

Community

  • None

Parking

  • Gravel
  • Concrete
  • Off Street

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Schools

Elementary
Anderson
Middle
Murray
High
Ashley

As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.

About 206 Cathay Road

206 Cathay Road is a 3-bedroom, 2-bath home of about 1,406 square feet, built in 1971, on 0.28 acres in Monterey Heights, Wilmington, New Hanover County, NC 28412.

At $295,000, it's 29% below the median asking price ($415,000) of the 459 other 3-bedroom listings for sale in Wilmington today.

That's about $210 per square foot, compared with a Wilmington median of $264.

2 other homes are for sale in Monterey Heights right now (median asking $283,500); 12 homes sold there in the last 12 months at a median of $286,000, typically in about 60 days.

Across ZIP 28412, 557 3-bedroom homes sold in the past year at a median of $392,000.

Own a home near 206 Cathay Road? See what it's worth — every online estimate side by side, next to real sales in Monterey Heights.

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Questions about 206 Cathay Road

How much is 206 Cathay Road?

206 Cathay Road is listed at $295,000 (about $210 per square foot) as of September 26, 2026. Status: closed.

How many bedrooms and bathrooms does 206 Cathay Road have?

3 bedrooms and 2 bathrooms, with about 1,406 square feet.

What neighborhood is 206 Cathay Road in?

Monterey Heights, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Monterey Heights?

12 homes sold in Monterey Heights in the last 12 months, at a median price of $286,000.

When was 206 Cathay Road built?

1971.

Who is the listing broker for 206 Cathay Road?

REAL Broker LLC (MLS #100531229). The Buddy Blake Team can show it to you and answer questions.

Listing provided by REAL Broker LLC via Hive MLS.