4806 Collegiate Dr, Wilmington, NC 28403

$655,000
4
BD
4
BA
2,711
SqFt

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List Price
$655,000
Status
ACTIVE
MLS#
100582046
Days on Market
41
Year Built
2011
Levels
Three Or More
Bedrooms
4
Bathrooms
4
Half-baths
1
Full-baths
3
Living Area
2,711
Acres
0.14
Neighborhood
College Park

Property Description

Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence. The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest. The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit. Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.

Additional Information

Available Amenities
None
Appliances
Built-In Microwave, Dishwasher, Electric Range
Interior Features
Walk-In Closet(s), Elevator, Ceiling Fans, Pantry, Walk-In Shower, Walk-In Closet(s)
Cooling
Central Air, Window/Wall
Heating
Electric, Heat Pump
Foundation
Slab
Roof
Shingle
Utilities
Sewer Connected, Water Available
Lot Water Features
Other
Water
Public
Elementary School
College Park
Middle School
Williston
High School
New Hanover

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Essential.

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