Primary on Main
Address
708 Market Street, Wilmington, NC
Price
$ 1,100,000
Property Attributes
  • MLS#100433611
  • TypeSingle Family
  • CountyNEW HANOVER
  • CityWilmington
  • AreaHistoric District
  • NeighborhoodWilmington
  • Zip28401
  • StyleSingle Family Residence
  • Year Built1894
  • Taxes$ 4361
  • Price$ 1,100,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage6950
  • Lot Size0.42 Acres
Data Source:
North Carolina Regional MLS (NCRMLS)
Property Description

THE GILCHRIST MANSION AND CARRIAGE HOUSE Many buildings are built, but very few are createdIt is a rare opportunity to buy a 6,950 sq ft historical mansion that allows a person to create something truly magnificent and magical. This Queen Anne-style historical mansion was built by E. William Gilchrist in 1894. There are two options to consider when purchasing 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) or, Two - renovate the 6 bedroom, 5 bath mansion as a luxurious palatial estate for your own use. It has taken 2 years to get The Gilchrist project to this point. The site has been cleared, and architectural and engineering plans are in place and ready for this majestic conversion. The purchase price includes all architectural and engineering plans and more. Please visit online at TheGilchrist to get a detailed overview of this unique project. It is very unlikely to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.42 acre and fronts Market Street as well as 7th Street and is within walking distance to the heart of downtown and very close to the new Coca-Cola Soda Pop district. The exterior of the mansion is in great shape, 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! I can assure you that once you visit this property, the experience will be one of wonder and wonderful!

Elementary School Middle School High School
Snipes Elementary School Williston Middle School New Hanover High School
Price History
3/19/2024 Listed $1,100,000

General Features

Construction Wood Frame
Heating Other-See Remarks
Cooling See Remarks
Utilities Municipal Sewer,Municipal Water,Natural Gas Available
Roof Metal
Zoning HD
Full Baths 5
Year Built 1894
HOA Amenities No Amenities
New Construction No
Subdivision Historic District
Heated Area 6500 - 6999
Stories 3.0
County New Hanover
Stipulation of Sale None
Property Type A
HOA No
Terms Cash
Tax Year 2023
Special Assessments none
Cobra Zone No
Handicap Accessible None
Lot Sqft 18252.00
Days on Market 59
City Limits Yes
Sub-Type Single Family Residence
Waterview No
City Wilmington
Middle School Williston
Geo Lat 34.235596
Tax Assessed Value 516100.00
Secondary Subdivision N/A
Green Bldg Features None
Green Bldg Certify None
Street Name Market
High School New Hanover
Elementary School Snipes
Geo Lon -77.940235
Location Type Mainland
On Site Pool/Spa None

Interior Features

Interior Features 1st Floor Master,9Ft+ Ceilings,Basement,Foyer,Security System
Basement Finished - No
Flooring See Remarks
Fireplace 3+
Total Bedrooms 6
Attic None
Dining Room Formal,Kitchen
Rooms 14
Appliances/Equip Range,Wall Oven
Street Suffix Street
Total Bathrooms 5.00
List Price/SqFt 158.27
Master Bedroom Level Primary Living Area
Stories 3 Story or More,Two
Laundry Features Room

Exterior Features

Exterior Features None
Foundation Block,Crawl Space
Waterfront No
Fencing Metal/Ornamental
Exterior Finish Wood Siding
Lot Dimensions See Plat
Construction Type Stick Built
Parking Features Off Street,On Site
Fuel Tank None
MLS Identifier 20150918160742258811000000
Lot Acres 0.42
Lot Water Feature None
Road Type/Frontage Public (City/Cty/St)
Garage & Parking: Total Carport Spaces 0.00
Attached Carport Spaces 0.00
Detached Carport Spaces 0.00
Garage & Parking: Total # Garage Spaces 0.00
Patio and Porch Features Covered,Deck,Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28401

Price
AVG $600K
$1.1M
Taxes
AVG $8,971
$4,361
Visits
AVG 121
53
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1894