$1,200,000

Sold Jul 31, 2026

4 bd · 3 ba · 3,547 sq ft

8720 Shipwatch Drive

Wilmington, NC, 28412 · Shipwatch

Hive MLSListed by Keller Williams Innovate-Wilmington

Sale details

Sold price
$1,200,000
Sold on
Jul 31, 2026
First listed at
$1,350,000
Last asking price
$1,299,000 (−3.8%)
Sold vs. first asking
88.9%
Sold vs. last asking
92.4%
Days on market
43

Earlier at this address

DateEventPrice
Oct 17, 2022Sold$862,500 (asked $990,000)

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About this home

Positioned along the scenic Cape Fear River in Wilmington, this waterfront property offers a rare opportunity to secure expansive water views on almost an acre, a fully equipped semi private dock with boat and jet ski lifts, and the ability to elevate value--all within the sought-after gated community of Shipwatch. With 4 bedrooms and 3 full bathrooms, the home has been thoughtfully improved to maximize both functionality and flexibility. Recent updates include new kitchen countertops, full interior paint, new hardware and fixtures, new elevated storage room below, and new bedroom flooring, along with reconfigured living spaces--converting a former library into a fourth bedroom and transforming the laundry area into additional sleeping quarters--creating ample room for guests, extended family, or multi-generational living. Designed for those who prioritize lifestyle, the outdoor experience is where this property truly stands out. A new private walkway from the back deck leads directly to the dock, complete with a 10,000 lb boat lift and a finger pier with 5,000 lb jet ski lift, offering immediate, turnkey access to life on the water--an increasingly rare and valuable feature to be just a few minutes to Snows Cut Bridge and the intracoastal. Inside, the home offers generous living and entertaining spaces, with a layout ideal for gathering, relaxing, and taking full advantage of the surrounding natural beauty. While some cosmetic opportunities remain, this presents a compelling advantage for buyers looking to personalize the home and capture additional value--without taking on a full-scale renovation. This is more than just a home--it's a chance to create a custom waterfront retreat in a setting where the views, homesite, and boating infrastructure are already in place. Opportunities like this are becoming increasingly difficult to find at this price point.

Facts

Type
Single Family Residence
Year built
1991
Lot
0.81 acres
Garage
2 spaces
HOA
$1,540 / annually
Community
Shipwatch
County
New Hanover
MLS #
100571000

Features

Inside

  • Master Downstairs
  • Walk-in Closet(s)
  • High Ceilings
  • Entrance Foyer
  • Kitchen Island
  • Elevator
  • Ceiling Fan(s)
  • Pantry
  • Walk-in Shower
  • Blinds/Shades
  • Built-in Features
  • Walk-In Closet(s)
  • LVT/LVP
  • Ceramic Tile
  • Hardwood
  • Electric Oven

Outside

  • Shutters - Functional
  • Shutters - Board/Hurricane
  • Outdoor Shower
  • Irrigation System
  • Storm Doors
  • Corner Lot
  • Boat Slip
  • Boat Dock
  • Boat Lift
  • Deeded Water Access
  • Deeded Water Rights
  • Deeded Waterfront
  • Pier
  • Water Access Comm
  • Secluded
  • River

Community

  • Waterfront Community
  • Boat Slip - Assigned
  • Gated
  • Maintenance Common Areas
  • Maintenance Roads
  • Street Lights

Parking

  • Garage Faces Front
  • Concrete
  • Garage Door Opener
  • Off Street
  • Paved
  • Garage

Heating & cooling

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

Schools

Elementary
Carolina Beach
Middle
Murray
High
Ashley

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

About 8720 Shipwatch Drive

8720 Shipwatch Drive is a 4-bedroom, 3-bath home of about 3,547 square feet, built in 1991, on 0.81 acres in Shipwatch, Wilmington, New Hanover County, NC 28412.

At $1,299,000, it's 95% above the median asking price ($664,700) of the 258 other 4-bedroom listings for sale in Wilmington today.

That's about $366 per square foot, compared with a Wilmington median of $262.

1 other home is for sale in Shipwatch right now (median asking $1,145,000); 4 homes sold there in the last 12 months at a median of $1,262,500, typically in about 87 days.

Across ZIP 28412, 202 4-bedroom homes sold in the past year at a median of $550,000.

Own a home near 8720 Shipwatch Drive? See what it's worth — every online estimate side by side, next to real sales in Shipwatch.

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Questions about 8720 Shipwatch Drive

How much is 8720 Shipwatch Drive?

8720 Shipwatch Drive is listed at $1,299,000 (about $366 per square foot) as of September 23, 2026. Status: closed.

How many bedrooms and bathrooms does 8720 Shipwatch Drive have?

4 bedrooms and 3 bathrooms, with about 3,547 square feet.

What neighborhood is 8720 Shipwatch Drive in?

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

What have homes sold for in Shipwatch?

4 homes sold in Shipwatch in the last 12 months, at a median price of $1,262,500.

Is 8720 Shipwatch Drive waterfront?

Yes — the MLS lists it as a waterfront property.

Does 8720 Shipwatch Drive have an HOA fee?

Yes: $1,540 (annually), per the MLS.

When was 8720 Shipwatch Drive built?

1991.

Who is the listing broker for 8720 Shipwatch Drive?

Keller Williams Innovate-Wilmington (MLS #100571000). The Buddy Blake Team can show it to you and answer questions.

Listing provided by Keller Williams Innovate-Wilmington via Hive MLS.