$175,000

Sold Apr 8, 2026

3 bd · 1 ba · 1,099 sq ft

2422 Princess Place Drive

Wilmington, NC, 28405 · Arcadia

Listed by Eastern Shore Real Estate LLC

Sale details

Sold price: $175,000
Sold on: Apr 8, 2026
First listed at: $175,000
Sold vs. first asking: 100%
Days on market: 8

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About this home

Attention investors, flippers, and contractors. This property offers a prime opportunity for someone looking for a renovation project. Located a few miles from downtown Wilmington's Historic District and Riverfront, Wilmington airport and Cinespace Studios, this property presents strong potential for a fix-and-flip, long term rental investment or AirBnB. In addition to the main home, there is also a separate wired outbuilding, offering possibilities for storage, workshop space, or potentially a ADU conversion subject to zoning and permitting approval.

Facts

Type: Single Family Residence
Year built: 1955
Lot: 0.19 acres
Community: Arcadia
County: New Hanover
MLS #: 100561541

Features

Inside

None
Carpet
Tile
Satellite Dish

Outside

None

Parking

Covered
Paved

Heating & cooling

Electric
Heat Pump
Central Air
Ceiling Fan(s)2

Schools

Elementary: Freeman
Middle: Williston
High: New Hanover

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

About 2422 Princess Place Drive

2422 Princess Place Drive is a 3-bedroom, 1-bath home of about 1,099 square feet, built in 1955 in Arcadia, Wilmington, New Hanover County, NC 28405.

At $175,000, it's 57% below the median asking price ($409,000) of the 440 other 3-bedroom listings for sale in Wilmington today.

That's about $159 per square foot, compared with a Wilmington median of $262.

1 other home is for sale in Arcadia right now (median asking $199,900); 2 homes sold there in the last 12 months at a median of $244,000, typically in about 50 days.

Across ZIP 28405, 330 3-bedroom homes sold in the past year at a median of $333,500.

Arcadia neighborhood guide Homes for sale in Wilmington New Hanover County homes

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Questions about 2422 Princess Place Drive

How much is 2422 Princess Place Drive?

2422 Princess Place Drive is listed at $175,000 (about $159 per square foot) as of September 23, 2026. Status: closed.

How many bedrooms and bathrooms does 2422 Princess Place Drive have?

3 bedrooms and 1 bathroom, with about 1,099 square feet.

What neighborhood is 2422 Princess Place Drive in?

Arcadia, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Arcadia?

2 homes sold in Arcadia in the last 12 months, at a median price of $244,000.

When was 2422 Princess Place Drive built?

1955.

Who is the listing broker for 2422 Princess Place Drive?

Eastern Shore Real Estate LLC (MLS #100561541). The Buddy Blake Team can show it to you and answer questions.