$525,000

Sold Jul 30, 2026

3 bd · 4 ba · 2,614 sq ft

4911 Oleander Drive

Wilmington, NC, 28403 · Piney Woods

Hive MLSListed by Intracoastal Realty Corporation

Sale details

Sold price
$525,000
Sold on
Jul 30, 2026
First listed at
$699,000
Sold vs. first asking
75.1%
Days on market
35

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About this home

Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!

Facts

Type
Single Family Residence
Year built
1955
Lot
0.45 acres
Community
Piney Woods
County
New Hanover
MLS #
100574328

Features

Inside

  • Bookcases
  • Apt/Suite
  • Built-in Features

Outside

  • None

Parking

  • Circular Driveway
  • Off Street

Heating & cooling

  • Electric
  • Forced Air
  • Wall/Window Unit(s)

Schools

Elementary
Winter Park
Middle
Roland Grise
High
Hoggard

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

About 4911 Oleander Drive

4911 Oleander Drive is a 3-bedroom, 4-bath home of about 2,614 square feet, built in 1955, on 0.45 acres in Piney Woods, Wilmington, New Hanover County, NC 28403.

At $699,000, it's 71% above the median asking price ($409,000) of the 440 other 3-bedroom listings for sale in Wilmington today.

That's about $267 per square foot, compared with a Wilmington median of $262.

2 other homes are for sale in Piney Woods right now (median asking $777,000); 10 homes sold there in the last 12 months at a median of $406,400, typically in about 44 days.

Across ZIP 28403, 271 3-bedroom homes sold in the past year at a median of $373,000.

Own a home near 4911 Oleander Drive? See what it's worth — every online estimate side by side, next to real sales in Piney Woods.

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Questions about 4911 Oleander Drive

How much is 4911 Oleander Drive?

4911 Oleander Drive is listed at $699,000 (about $267 per square foot) as of September 23, 2026. Status: closed.

How many bedrooms and bathrooms does 4911 Oleander Drive have?

3 bedrooms and 4 bathrooms, with about 2,614 square feet.

What neighborhood is 4911 Oleander Drive in?

Piney Woods, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Piney Woods?

10 homes sold in Piney Woods in the last 12 months, at a median price of $406,400.

When was 4911 Oleander Drive built?

1955.

Who is the listing broker for 4911 Oleander Drive?

Intracoastal Realty Corporation (MLS #100574328). The Buddy Blake Team can show it to you and answer questions.

Listing provided by Intracoastal Realty Corporation via Hive MLS.