805 Adelaide DriveWilmington, NC 28412Price: $397,000

Investor opportunity in Wilmington with endless potential! Built in 1955, this charming all-brick ranch-style home in Hanover Heights sits on approximately 0.47 acres -- a rare nearly half-acre property ideally located between Downtown Wilmington and Carolina Beach. Featuring 3 bedrooms, 2 renovated bathrooms, and 1,532 heated square feet, this property offers incredible flexibility as a primary residence, long-term rental, short-term rental opportunity, or future income-producing property. The newly renovated primary suite includes an oversized custom walk-in closet plus a flex room perfect for a home office, nursery, or workout space. The fully fenced backyard with double gate access is ready for your vision -- imagine a private outdoor oasis with room for a pool, entertaining area, garden, or potential ADU for additional rental income or guest space. Enjoy evenings around the backyard fire pit patio, plus the convenience of a screened porch, covered carport, and detached approximately 400 sq ft garage with electrical and workbench. Additional highlights include a real wood-burning fireplace, washer/dryer and deep freezer included, and plenty of room for boats, trailers, hobbies, or extra storage. Prime Wilmington location just minutes to beaches, Downtown Wilmington, shopping, dining, and area attractions. Rare properties with this much land, flexibility, and investment potential don't come around often.