NOT LISTED FOR SALE

101 Pelican Point Rd Wilmington, NC 28409

Estimated Value: $1,261,000 - $1,374,000

5 Beds
4.5 Baths
3,971 Sq Ft
$334/Sq Ft Est. Value

Last Sold January 02, 2025

Last sale price $1,300,000 $327 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,250/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Greenhouse
  • Masonboro Elementary School Rated A
  • Boat Ramp
  • Boat Slip

About This Home

As of January 2025

Here is a rare opportunity to call one of the most beautiful and desirable locations in Wilmington near the Intracoastal Waterway home. The NC lifestyle is calling. This custom Cape Cod-Style home with deeded water access and ICW views along with a 24 + ft. boat slip is tucked away near the end of Pelican Point Road nestled near Live Oaks, Cypress, Camelias and Azaleas. Relax in this large 5 bedroom and 4 1/2 bath coastal beauty while smelling the salt air from an extensive wraparound porch and multiple bedroom balcony spaces.The first floor is an expansive finished recreation room with an adjoining bedroom and full bath. The middle floor welcomes you into a light filled foyer and spacious Grate room that opens out to the back porch. High ceilings, built-ins and a fireplace add to the custom main living area. The Brazilian Cherry hardwoods catch the natural light coming in through the windows. The kitchen is open with a large useful island for cooking and entertaining. Lots of granite counter top, cupboard storage and pantry. There is also a reverse osmosis water system installed. You will find the relaxing Master Bedroom on this floor with Brazilian Cherry hardwoods and two walk-in closets. Walk through the double doors in the Master to the porch with your morning coffee. The Master Bath has a walk-in shower and jetted garden tub. This floor also contains a Study and a Laundry Room, Half bath and coat closet as well. You will find 3 more Bedrooms up the stairs on the last floor. White Oak Hardwoods, French Doors in two of the bedrooms that lead to a Balcony. One bedroom has a full bath and there is another full bath in the upstairs hall. So much extra storage upstairs with hall built-ins and a walk-in attic. Enjoy all of the outdoor living area this home offers with the Mahogany and Ipe wraparound porch that includes Cypress wood porch ceilings. You can survey the beautiful fenced-in backyard and peek-a-boo views of the ICW from the multiple level porches.

Last Agent to Sell the Property

Bob McCorkle

Intracoastal Realty Corp License #32520 Listed on: 11/25/2024

Last Buyer's Agent

Michelle Clark

Intracoastal Realty Corp License #237024

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 137x176x115x119x20x59
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced Yard
  • Decorative Fence
  • Property is zoned R-15

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Stick Built Home

Interior Spaces

  • 3,971 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Workshop
  • Intracoastal Views

Kitchen

  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic
  • Partially Finished Attic

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Pier
  • Boat Ramp
  • Boat Slip
  • Balcony
  • Wrap Around Porch
  • Greenhouse

Schools

  • Masonboro Elementary School
  • Myrtle Grove Middle School
  • Hoggard High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Generator Hookup
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R07214-004-005-000

Community Details

Overview

  • No Home Owners Association
  • Pelican Landing Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal, Dishwasher
  • Boat Slip Length: 24+
  • Boat Slip Width: 14
  • Average High Water Depth: 9.00
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 203.00
  • Directions To Property: Turn onto Greenville Loop Rd. Turn left onto Pine Grove Dr. and stay to the right for Masonboro Loop Rd. then turn left onto Pelican Point Rd. Go to end of public road and driveway for home will be on the left. Once on driveway make a slight right onto the rest of the driveway and park. (Please follow written directions, GPS may not be accurate)
  • Document Count: 7
  • Elementary School: Masonboro Elementary
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Back Yard, Metal/Ornamental
  • Fireplace: 1
  • Foundation: Slab
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Green Bldg Certify: None
  • Green Bldg Features: None
  • High School: Hoggard
  • H O A: No
  • Listing I D: 100477564
  • List Priceper Sq Ft: 327.37
  • Location Type: Mainland
  • Lot Acres: 0.50
  • Lot Description: Cul-de-Sac Lot, Dead End
  • Lot Dimensions: 137x176x115x119x20x59
  • Lot Number: 3
  • Lot Sq Ft: 21606.00
  • Lot Water Features: Boat Dock, Water Access Comm, Pier, Deeded Water Access, Boat Slip, Boat Ramp
  • Marketing City: Wilmington
  • Middle School: Myrtle Grove
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Wrap Around, Porch, Covered
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Great Room Level: Second
  • Office Level: Second
  • Other Level: First
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Sign On Property: Yes
  • Sq Ft Heated: 3971.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Subdivision: Pelican Landing
  • Tax Identifier: R07214-004-005-000
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 3971.00
  • Un Branded Virtual Tour: https://sites.uniquemediadesign.com/101pelicanpointroad/?mls
  • Waterview: Yes
  • Year Built: 2001
  • Zoning: R-15
  • Internet Service Provider: Spectrum
  • Trash Collection: Private Service
  • Horses Y N: No
  • Lot View Type: ICW View
  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: Bugs Etc
  • Home Warranty Termite Company Phone: 9107990746
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down, Walk-In, Floored - Partial, Floored
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood, Vinyl
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Workshop, Walk-In Closet, Foyer, Pantry, Kitchen Island, Generator Plug, Bookcases, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Bedroom2 Level: Third
  • Bedroom3 Level: Third
  • Bedroom4 Level: Third
  • Bedroom5 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Board/Hurricane
  • Exterior Finish: Shake Siding, Wood Siding
  • Exterior Structures: Green House, Shower
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Attached, Off Street, Concrete

Utilities

  • Heated Sq Ft: 3500 - 3999
  • Heating System: Gas Pack
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric, Propane Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Dec 13, 2024
Sold by
Spicer Jane Darden
Bought by
Felde Wilson Benjamin Morgan and Felder Wilson Elise
Seller's Agent
Bob McCorkle
Intracoastal Realty Corp
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$1,300,000
Sold Price
$1,300,000
Views
17
Current Estimated Value
$1,327,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,588
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Dec 17, 1996
Sold by
Maynard Russell M
Bought by
Spicer Samuel S Jane D

Purchase Details

Closed on
Jul 7, 1995
Sold by
Mallard E D Sr Gaylock
Bought by
Maynard Russell M

Purchase Details

Closed on
Jun 1, 1966
Bought by
Mallard E D Sr Gaylock
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Felde Wilson Benjamin Morgan $1,300,000 None Listed On Document
Felde Wilson Benjamin Morgan $1,300,000 None Listed On Document
Spicer Samuel S Jane D $130,000 --
Maynard Russell M $80,000 --
Mallard E D Sr Gaylock -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2025 01/02/25 Sold $1,300,000 0.0% $327 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $1,300,000 -- $327 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,694 $956,400 $199,600 $756,800
2024 -- $616,200 $119,900 $496,300
2023 -- $616,200 $119,900 $496,300
2022 $0 $616,200 $119,900 $496,300
2021 $3,784 $616,200 $119,900 $496,300
2020 $3,784 $598,200 $217,500 $380,700
2019 $3,784 $598,200 $217,500 $380,700
2018 $3,784 $598,200 $217,500 $380,700
2017 $3,873 $598,200 $217,500 $380,700
2016 $3,971 $573,000 $217,500 $355,500
2015 $3,690 $573,000 $217,500 $355,500
2014 $3,627 $573,000 $217,500 $355,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100477564

Hive MLS

APN: R07214-004-005-000