Situated on 2.11 acres, this unique property offers a 1,300+ square foot, 3-bedroom home surrounded by majestic oak trees and over 600 feet of prominent frontage along Masonboro Loop Road and the Cross-City Trail. The expansive parcel provides exceptional visibility and accessibility and is directly adjacent to a Commercial Business district, presenting a rare opportunity for potential rezoning for commercial or multi-family redevelopment (buyer to verify). Whether you're seeking a private homesite with room to grow or an investment with future development potential, this property offers a compelling blend of location, land, and possibility. The home, while dated, has been well taken care of features beautiful hardwood floors. The grounds boast azalea beds, live oak trees, and an assortment of other plants. - Please do not drive on the property without scheduling an appointment.
For sale
$1,295,000
4000 Masonboro Loop Road, Wilmington, NC 28409
3beds
1,344sqft
Est.:
Single Family Residence
Built in 1938
2.11 Acres Lot
$1,238,000 Zestimate®
$964/sqft
$-- HOA
What's special
Beautiful hardwood floors
- 66 days |
- 816 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: March 01, 2026 at 04:57pm
Listed by:
Loren E Baysden 910-616-3435,
Oleander Real Estate LLC
Source: Hive MLS,MLS#: 100549421
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Master Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room, Utility Room
Primary bedroom
- Level: First
- Dimensions: 13 x 13.5
Bedroom 2
- Level: First
- Dimensions: 12.5 x 13.5
Bedroom 3
- Level: First
- Dimensions: 12 x 13.5
Dining room
- Level: First
- Dimensions: 13 x 13
Kitchen
- Level: First
- Dimensions: 12 x 13
Living room
- Level: First
- Dimensions: 15 x 13
Utility room
- Description: Pantry
- Level: First
- Dimensions: 4.5 x 5.5
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Built-In Microwave, Built-In Electric Oven
- Laundry: Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Pantry, Walk-in Shower
- Flooring: Vinyl, Hardwood
- Basement: None
- Attic: Pull Down Stairs
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
Property
Parking
- Parking features: Circular Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: None
- Pool features: None
- Fencing: Partial,Wood
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
Lot
- Size: 2.11 Acres
- Features: Open Lot
Details
- Additional structures: Barn(s), Workshop
- Parcel number: R07200001001001
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
- Amenities included: Sidewalks
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $964/sqft
- Tax assessed value: $514,600
- Annual tax amount: $3,028
- Date on market: 1/15/2026
- Cumulative days on market: 66 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Commercial,Cash,Conventional
Estimated market value
$1,238,000
$1.18M - $1.30M
$2,568/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $1,295,000$964/sqft |
Source:  Hive MLS #100549421 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,028 +10.4% | $514,600 +63.2% |
| 2024 | $2,744 +3% | $315,400 |
| 2023 | $2,665 -0.6% | $315,400 |
| 2022 | $2,681 -1.8% | $315,400 -1.2% |
| 2021 | $2,731 +27% | $319,100 +56.3% |
| 2020 | $2,151 | $204,200 |
| 2019 | $2,151 | $204,200 |
| 2018 | -- | $204,200 |
| 2017 | -- | $204,200 -5.6% |
| 2016 | -- | $216,400 |
| 2015 | $2,292 +4.4% | $216,400 |
| 2014 | $2,194 | $216,400 |
| 2013 | -- | $216,400 |
| 2012 | -- | $216,400 -24.7% |
| 2011 | -- | $287,219 |
| 2010 | -- | $287,219 |
| 2007 | -- | -- |
| 2005 | -- | $146,437 +1.7% |
| 2004 | -- | $144,053 +20.4% |
| 2003 | -- | $119,692 |
| 2002 | -- | $119,692 |
| 2001 | -- | $119,692 |
| 2000 | -- | $119,692 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,908/mo
Principal & interest
$6379
Property taxes
$529
More affordability tools
Climate risks
Neighborhood: Milbrook
Nearby schools
GreatSchools rating
- 10/10Masonboro Elementary SchoolGrades: K-5Distance: 0.9 mi
- 9/10Myrtle Grove MiddleGrades: 6-8Distance: 2.4 mi
- 6/10John T Hoggard HighGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Masonboro Elementary
- Middle: Myrtle Grove
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28409
- North Carolina
- New Hanover County
- Wilmington
- 28409
- Milbrook
- 4000 Masonboro Loop Road
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