$655,000
4 bd · 4 ba · 2,711 sq ft
4806 Collegiate Drive
Wilmington, NC, 28403 · College Park
Listed 98 days ago
Listed by RE/MAX Essential
About this home
Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence. The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest. The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit. Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.
Facts
- Type
- Single Family Residence
- Year built
- 2011
- Lot
- 0.14 acres
- Garage
- 2 spaces
- Community
- College Park
- County
- New Hanover
- MLS #
- 100582046
Features
Inside
- Walk-in Closet(s)
- Elevator
- Ceiling Fan(s)
- Pantry
- Walk-in Shower
- Walk-In Closet(s)
- Carpet
- Tile
- Wood
- Built-In Microwave
- Dishwasher
- Electric Range
Outside
- None
Community
- None
Parking
- Concrete
- Off Street
Heating & cooling
- Electric
- Heat Pump
- Central Air
- Wall/Window Unit(s)
Schools
- Elementary
- College Park
- 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
$4,162/mo
- Principal & interest (30-yr fixed)$3,902
- Property taxes (2025 bill)$260
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 nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 621 Decatur Drive, Wilmington | Jun 17, 2026 | 3 / 3 | 2,744 | $845,000 | $308 |
| 3908 Wilshire Boulevard, Wilmington | Apr 2, 2026 | 4 / 3 | 2,074 | $545,000 | $263 |
Similar size and type, sold in the last 6 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 4806 Collegiate Drive
4806 Collegiate Drive is a 4-bedroom, 4-bath home of about 2,711 square feet, built in 2011 in College Park, Wilmington, New Hanover County, NC 28403.
At $655,000, it's right around the median asking price ($664,900) of the 257 other 4-bedroom listings for sale in Wilmington today.
That's about $242 per square foot, compared with a Wilmington median of $262.
2 other homes are for sale in College Park right now (median asking $1,181,000); 3 homes sold there in the last 12 months at a median of $1,650, typically in about 92 days.
Across ZIP 28403, 89 4-bedroom homes sold in the past year at a median of $680,000.
It has been on the market for 99 days.
College Park neighborhood guideHomes for sale in WilmingtonNew Hanover County homes
Buying 4806 Collegiate Drive
- 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 4806 Collegiate Drive? See what it's worth — every online estimate side by side, next to real sales in College Park.
What's my home worth? →Questions about 4806 Collegiate Drive
How much is 4806 Collegiate Drive?
4806 Collegiate Drive is listed at $655,000 (about $242 per square foot) as of September 23, 2026. Status: for sale.
How many bedrooms and bathrooms does 4806 Collegiate Drive have?
4 bedrooms and 4 bathrooms, with about 2,711 square feet.
What neighborhood is 4806 Collegiate Drive in?
College Park, in Wilmington, New Hanover County, North Carolina.
How long has 4806 Collegiate Drive been on the market?
99 days. Homes in College Park sold after a median of 92 days over the past year.
What have homes sold for in College Park?
3 homes sold in College Park in the last 12 months, at a median price of $1,650.
When was 4806 Collegiate Drive built?
2011.
Who is the listing broker for 4806 Collegiate Drive?
RE/MAX Essential (MLS #100582046). The Buddy Blake Team can show it to you and answer questions.
Can I tour 4806 Collegiate Drive?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.