101 N Channel Haven Dr, Wilmington, NC 28409

$489,000
3
BD
2
BA
1,827
SqFt

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List Price
$489,000
Status
ACTIVE
MLS#
100590069
Price Change
▼ $10,000 1790131574
Property Type
Single Family Residence
Bedrooms
3
Full Baths
2
Lot Size
16,117
Year Built
1964

Property Description

Welcome to Channel Haven, one of Masonboro's established water-access communities just off Masonboro Loop Road - offered with a $7,500 seller credit toward rate buy down or closing costs with an acceptable offer. This single story brick ranch sits on a corner lot of approximately 0.38 acres and offers three bedrooms and two full bathrooms across a comfortable, functional floor plan, including a bright sunroom overlooking the yard. The home has seen updates over the years while keeping the character you'd expect from this well-loved neighborhood. Buy now, move in this fall: the property is currently tenant occupied under a lease ending November 1, 2026. Meaning a buyer today collects $2,400/month in rental income through closing and beyond, then takes occupancy at lease end, timed almost perfectly for a fall move in. Investors: the lease converts to month-to-month at term end with rents at this size and lot likely supporting an increase; lease available to qualified buyers. Showings by appointment with notice to the tenant. Located outside city limits with no HOA, residents enjoy lower county-only taxes and fewer restrictions. Boaters and outdoor lovers will appreciate the laid back coastal setting, with the public boat ramp at Trails End Park less than a mile away and quick access to the Intracoastal Waterway, Masonboro Island, and area beaches. Homes in this pocket of Masonboro don't change hands often, and corner lots of this size, less often still.

Additional Information

Elementary School
Masonboro Elementary
Middle School
Myrtle Grove
High School
Hoggard
Foundation
Crawl Space
Interior Features
Master Downstairs, Ceiling Fans
Levels
One
Lot Description
Corner Lot
Possession
Close Of Escrow, At Closing
County
New Hanover
Neighborhood
Channel Haven
Project/Section
Channel Haven
Acres
0.37
Heating
Electric, Heat Pump
Utilities
Sewer Connected, Water Available
Zoning
R-15
Listing Courtesy Of
Prosper Real Estate

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Listing courtesy of Listing Agent: Tyler N Broughton () from Listing Office: Prosper Real Estate.

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