$255,000

Sold Feb 27, 2026

2 bd · 1 ba · 1,319 sq ft

539 Cathay Road

Wilmington, NC, 28412 · Monterey Heights

Hive MLSListed by Nest Realty

Sale details

Sold price
$255,000
Sold on
Feb 27, 2026
First listed at
$240,000
Sold vs. first asking
106.3%
Days on market
5

Earlier at this address

DateEventPrice
Dec 6, 2019Sold$159,900 (asked $159,900)
Feb 15, 2018Sold$139,000 (asked $140,000)

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About this home

Attention investors and handypeople looking for a great brick ranch out of the city limits and no HOA needing primarily cosmetic updates for a quick flip or potential for some considerable sweat equity! This home features a roof from 2025, HVAC from 2023, vinyl replacement windows from a previous owner and a nearly half acre lot. It was originally built as a 3/1 but a previous owner removed the wall between the primary and secondary bedrooms to create a 2/1 with a large primary bedroom, so it should be easy to convert back to a 3 bedroom home if desired. This home is priced for a quick as-is sale, schedule your tour ASAP!

Facts

Type
Single Family Residence
Year built
1977
Lot
0.47 acres
Community
Monterey Heights
County
New Hanover
MLS #
100547847

Features

Inside

  • None
  • Concrete
  • Vinyl
  • Electric Oven
  • Built-In Microwave
  • Refrigerator
  • Dishwasher

Outside

  • None

Community

  • Park

Parking

  • Paved

Heating & cooling

  • Heat Pump
  • Electric
  • Forced Air
  • 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 539 Cathay Road

539 Cathay Road is a 2-bedroom, 1-bath home of about 1,319 square feet, built in 1977, on 0.47 acres in Monterey Heights, Wilmington, New Hanover County, NC 28412.

At $240,000, it's 16% below the median asking price ($285,000) of the 170 other 2-bedroom listings for sale in Wilmington today.

That's about $182 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, 205 2-bedroom homes sold in the past year at a median of $241,000.

Own a home near 539 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 539 Cathay Road

How much is 539 Cathay Road?

539 Cathay Road is listed at $240,000 (about $182 per square foot) as of September 26, 2026. Status: closed.

How many bedrooms and bathrooms does 539 Cathay Road have?

2 bedrooms and 1 bathroom, with about 1,319 square feet.

What neighborhood is 539 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 539 Cathay Road built?

1977.

Who is the listing broker for 539 Cathay Road?

Nest Realty (MLS #100547847). The Buddy Blake Team can show it to you and answer questions.

Listing provided by Nest Realty via Hive MLS.