$649,000

115 Forest Hills Drive, Wilmington, NC 28403

  • 4 beds |
  • 3 baths |
  • 2,820 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $230/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new. The existing structures offer flexible options — renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft — perfect for rental income, guest quarters, or multigenerational living. Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion. Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area. Endless possibilities await — bring your vision to life in Forest Hills.

Listing Status:
Active
Date Added:
May 20, 2025 at 05:00AM
Listing Office:
Intracoastal Realty Corp : 910-256-4503
MLS ID:
100508665
  • General: None
  • Heating: Heat PumpElectric

This listing courtesy of Intracoastal Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Forest Hills Global Elementary School

602 Colonial Dr, Wilmington, NC, 28403

Grades KG-5

0.38 miles away

W

Williston Middle School

401 S 10th St, Wilmington, NC, 28401

Grades 6-8

1.28 miles away

N

New Hanover High School

1307 Market St, Wilmington, NC, 28401

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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