2309 Lynnwood Dr, Wilmington, NC 28403
- $1,385,000
- 7
- BD
- 7
- BA
- 3,754
- SqFt
- List Price
- $1,385,000
- Status
- ACTIVE
- MLS#
- 100580579
- Price Change
- ▼ $50,000 1784825341
- Days on Market
- 47
- Year Built
- 1967
- Levels
- Two
- Bedrooms
- 7
- Bathrooms
- 7
- Half-baths
- 2
- Full-baths
- 5
- Living Area
- 3,754
- Acres
- 0.49
- Neighborhood
- Glen Meade
Property Description
Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's highly sought-after Glen Meade/South Oleander neighborhood. The detached guest house has a proven short-term rental history, generating $4,280.61 in May, $5,955.66 in June, and a projected $7,258.82 in July, making it ideal for supplemental income, multi-generational living, or private guest accommodations. The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Completed in 2024, the guest house--known as The Magnolia--includes its own private entrance, driveway, fire pit, and outdoor shower. The extensively renovated main home showcases a spacious primary suite addition, custom mahogany details, polished concrete floors, updated bathrooms, and a designer kitchen with custom cabinetry and premium finishes. Major upgrades include two new HVAC systems, spray foam insulation, new landscaping, a wraparound driveway, and a privacy fence. Ideally located just minutes from Historic Downtown Wilmington, Wrightsville Beach, and Cape Fear Country Club, this exceptional property combines location, luxury, and investment potential in one of Midtown Wilmington's most desirable neighborhoods. Seller is the listing agent and a licensed North Carolina Real Estate Broker.
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Additional Information
- Available Amenities
- None
- Appliances
- Gas Oven, Washer, Refrigerator, Dryer, Dishwasher
- Interior Features
- Ceiling Fans, Walk-In Shower, Drapes/Blinds
- Cooling
- Central Air, Zoned, Multi Units
- Heating
- Electric, Heat Pump
- Foundation
- Slab
- Roof
- Architectural
- Exterior Features
- Irrigation System, Insulated Doors
- Lot Information
- Landscaped, Sprinkler System-Yard
- Utilities
- Natural Gas Available, Sewer Connected, Water Available
- Lot Water Features
- Other
- Water
- Public
- Elementary School
- Alderman
- Middle School
- Williston
- High School
- New Hanover
Mortgage Calculator
Listing courtesy of Cadence Realty Corporation.
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