$520,000

3 bd · 3 ba · 1,956 sq ft

5516 Ashlyn Drive

Castle Hayne, NC, 28429 · Castle Oaks

Listed 48 days ago

Hive MLSListed by Coldwell Banker Sea Coast Advantage-CB

Virtual tour

About this home

Space, privacy, flexibility, and an incredible location come together at 5516 Ashlyn Drive! Set on almost a full acre in an established Castle Hayne neighborhood with low HOA dues, this beautifully updated home offers approximately 1,956 square feet on the main level plus an exciting opportunity to expand upstairs with another 1,500+ square feet of potential living space. The second floor is already pre-plumbed for an additional full bath, creating possibilities for future bedrooms, a bonus space, home office, hobby area, or whatever best fits your needs. Extensive renovations completed in 2019-2020 include a redesigned main-floor layout, an all-new kitchen, new HVAC and ductwork, a new roof, and replaced insulation. The home also features an encapsulated crawl space with dehumidifier, whole-house water softener, and reverse osmosis water filtration in the kitchen. A fully heated and cooled attached two-car garage adds valuable year-round space for vehicles, hobbies, projects, storage, or entertaining. Outside, the nearly one-acre lot gives you room to spread out and enjoy your own private retreat. The 33-foot above-ground saltwater pool, installed in 2025, is ready for summer fun and outdoor gatherings, while the privacy fence helps create a comfortable setting for relaxing or entertaining. A 30-amp generator plug adds convenience, and a 500-pound above-ground propane tank services the gas-log fireplace as well as the stove and oven. Inside and out, there is room to live, work, entertain, create, and grow. And when it's time to explore beyond home, the location is hard to beat--approximately 15 minutes to ILM Airport, 5 minutes to the Castle Hayne public boat ramp, 20 minutes to UNCW, and about 20 minutes to the heart of downtown Wilmington. Offered at $520,000, this is a rare opportunity to enjoy substantial living space, an expansive lot, meaningful updates, outdoor amenities, and future expansion potential--all in one property. Come see the possibilities at 5516 Ashlyn Drive! Limited-time buyer incentive: If the property is placed under contract by September 30, 2026, and the parties agree to acceptable contract terms, the seller will offer up to $5,000 toward the buyer's allowable closing costs or other permitted transaction expenses, subject to the terms of the purchase agreement, lender requirements, and applicable closing documentation. Ask for details and confirm eligibility with your real estate professional. AI technology used in creating the photos of the walk up attic space potential expansion to finished living space.

Facts

Type
Single Family Residence
Year built
2002
Lot
0.97 acres
Garage
2 spaces
HOA
$200 / annually
Community
Castle Oaks
County
New Hanover
MLS #
100593843

Features

Inside

  • Master Downstairs
  • Walk-in Closet(s)
  • Tray Ceiling(s)
  • High Ceilings
  • Generator Plug
  • Kitchen Island
  • Ceiling Fan(s)
  • Walk-in Shower
  • Blinds/Shades
  • Eat-in Kitchen
  • Gas Log
  • Walk-In Closet(s)

Community

  • Maintenance Roads

Parking

  • Garage Faces Side
  • Circular Driveway
  • Concrete
  • Off Street
  • Garage

Heating & cooling

  • Propane
  • Heat Pump
  • Fireplace(s)
  • Electric
  • Forced Air
  • Central Air

Schools

Elementary
Castle Hayne
Middle
Holly Shelter
High
Laney

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

Monthly payment estimate

$3,291/mo

  • Principal & interest (30-yr fixed)$3,098
  • Property taxes (2025 bill)$177
  • HOA dues$17

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

HomeSoldBd / BaSq ftPrice$ / sq ft
3907 Northeast Avenue, Castle HayneSep 16, 20263 / 22,062$395,000$192
4927 Woodcrest Drive, Castle HayneAug 28, 20263 / 32,100$437,000$208
206 Tom Avenue, Castle HayneJun 26, 20265 / 32,087$425,000$204

Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.

Buying in Castle Hayne? Local guides

About 5516 Ashlyn Drive

5516 Ashlyn Drive is a 3-bedroom, 3-bath home of about 1,956 square feet, built in 2002, on 0.97 acres in Castle Oaks, Castle Hayne, New Hanover County, NC 28429.

At $520,000, it's 13% above the median asking price ($460,000) of the 33 other 3-bedroom listings for sale in Castle Hayne today.

That's about $266 per square foot, compared with a Castle Hayne median of $238.

Across ZIP 28429, 120 3-bedroom homes sold in the past year at a median of $350,000.

It has been on the market for 49 days.

Buying 5516 Ashlyn Drive

  1. See it in person. Pick a time and we'll call to confirm — often same day.
  2. Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
  3. Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works

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Questions about 5516 Ashlyn Drive

How much is 5516 Ashlyn Drive?

5516 Ashlyn Drive is listed at $520,000 (about $266 per square foot) as of September 23, 2026. Status: for sale.

How many bedrooms and bathrooms does 5516 Ashlyn Drive have?

3 bedrooms and 3 bathrooms, with about 1,956 square feet.

What neighborhood is 5516 Ashlyn Drive in?

Castle Oaks, in Castle Hayne, New Hanover County, North Carolina.

How long has 5516 Ashlyn Drive been on the market?

49 days.

Does 5516 Ashlyn Drive have an HOA fee?

Yes: $200 (annually), per the MLS.

When was 5516 Ashlyn Drive built?

2002.

Who is the listing broker for 5516 Ashlyn Drive?

Coldwell Banker Sea Coast Advantage-CB (MLS #100593843). The Buddy Blake Team can show it to you and answer questions.

Can I tour 5516 Ashlyn Drive?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

Listing provided by Coldwell Banker Sea Coast Advantage-CB via Hive MLS.