708 Market Street, Wilmington, NC 28401 (MLS # 100472145)

Price $1,100,000
Status Active
Beds 6
Baths 5 Baths
Home size 6,600 sqft
Lot Size 18,296 sqft
Days on Market 2
An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 6,600 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district. There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and much more.
Property Type(s): Single Family
Last Updated 10/21/2024 Tract Historic District
Year Built 1948 County New Hanover

SCHOOLS

Elementary School Snipes
Jr. High School Williston
High School New Hanover

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Crawl Space, Dirt Floor
CONSTRUCTION Wood Siding
EXTERIOR None
HEAT Natural Gas, None
LOT 0.42 acre(s)
LOT DIMENSIONS Irregular
PARKING Additional Parking, Off Street
SEWER Public Sewer
STORIES 3+
STYLE Historic District
SUBDIVISION Historic District
TAXES 4490.07
WATER Public
ZONING HD

Location

 

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Listed with Intracoastal Realty Corp

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