$649,000

240 N Water St Unit 556 Wilmington, NC 28401

Historic Downtown Neighborhood

Estimated payment $4,561/month

Total Views 1,273
2 Beds
2.5 Baths
1,389 Sq Ft
$467 Price per Sq Ft

Highlights

  • Concierge
  • In Ground Pool
  • Clubhouse
  • Fitness Center
  • Waterfront
  • 2-minute walk to Battleship Park

About This Home

Great opportunity to own a corner unit in the Tower at River Place Condos and enjoy peaceful views of the Cape Fear River. This unit has recent updates and fresh paint throughout making it a truly move-in ready home. Spoil yourself with all of the first class, on site, amenities and walk to all of your favorite attractions and restaurants. South-facing means you will have lots of natural light. Watch the sun set over the battleship USS NC from your large covered balcony. Tower units have direct access to concierge lobby, party room, billiards room, etc. A rooftop pool, hot tub, fire pits, grills, and fully appointed fitness center are all included. Two conveniently located parking spaces in the second floor garage and ground floor storage unit are also included. This unit is priced to sell!

Listing Agent

Gary Traflet

Living Seaside Realty Group License #246499 Listed on: 09/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 2019

HOA Fees

  • $916 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Game Room
  • Water Views
  • Termite Clearance

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Snipes Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number R04720-007-026-036

Community Details

Overview

  • Master Insurance
  • River Place HOA, Phone Number (910) 509-7276
  • River Place Subdivision
  • Maintained Community

Amenities

  • Concierge
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,238

Year Built

Built in 2019

Lot Details

0

HOA Fees

$916 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 2019
  • Trash Collection: Other
  • Road Frontage Type: River, See Remarks
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Walk-in Shower, Walk-In Closet(s), Elevator, Master Downstairs, Kitchen Island
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 467.24
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1389.00
  • Total Heated Primary Separate Sq Ft: 1389.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: Hot Tub, See Remarks, In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Other See Remarks: 2 paid by HOA dues
  • Total Garage Spaces: 2.00
  • Parking Driveway: Assigned, Lighted, See Remarks, Paved, On Site, Off Street, Covered

Utilities

  • Appliances Equipment: Built-In Microwave, Vented Exhaust Fan, Dishwasher, Refrigerator, Electric Oven, Disposal
  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Storage, Trash, Termite Bond, Street Lights, Roof Maintenance, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Game Room, Fitness Center, Elevator(s), Concierge
  • HOA and Neighborhood Amenities Club List: None Selected
  • HOAAssociationFee1Year: 10995.12
  • HOAAssociationFee2Year: 2400.00
  • HOAAssociationName: River Place HOA
  • HOAAssociationName2: River Place HOA
  • HOAAssociationPhone: 9105097276
  • HOAAssociationPhone2: 9105097276

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 593.00
  • Lot Acres: 0.03
  • Lot Sq Ft: 1437.00
  • Lot Water Features: None
  • Plat Book: 19
  • Plat Page: 134
  • Special Assessments: None known
  • Zoning: CBD
  • Lot View Type: River, Water

Tax Info

  • Tax Identifier: R04720-007-026-036
  • Tax Year: 2025
  • Total City Real Estate Property Tax: 2386.80
  • Total Real Estate Property Taxes: 2238.08

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $3,470 $530,400 $0 $530,400
2023 $2,413 $530,400 $0 $530,400
2022 $1,213 $530,400 $0 $530,400
2021 $483 $530,400 $0 $530,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $649,000 -4.4% $467 / Sq Ft
05/21/2025 05/21/25 Price Changed $679,000 -2.3% $489 / Sq Ft
04/22/2025 04/22/25 Price Changed $695,000 -0.6% $500 / Sq Ft
03/28/2025 03/28/25 For Sale $699,000 +5.1% $503 / Sq Ft
01/03/2023 01/03/23 Sold $665,000 -5.7% $479 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $705,000 +35.6% $508 / Sq Ft
06/24/2020 06/24/20 Sold $520,000 0.0% $438 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $520,000 -- $438 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $665,000 --
Source: Public Records

Source: Hive MLS

MLS Number: 100529175

Hive MLS

APN: R04720-007-026-036

North Carolina New Hanover County Wilmington 28401 Historic Downtown

240 N Water St Unit 556, Wilmington, NC

This home is located at 240 N Water St Unit 556, Wilmington, NC 28401 and is currently priced at $649,000, approximately $467 per square foot. This property was built in 2019. 240 N Water St Unit 556 is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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Gary Traflet
Listing Agent
Gary Traflet
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Living Seaside Realty Group
(472) 238-2147