$2,995,000

5624 Captains Ln Wilmington, NC 28409

Estimated payment $16,600/month

Total Views 18,414
4 Beds
4.5 Baths
3,870 Sq Ft
$774 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Boat Slip
  • Masonboro Elementary School Rated A
  • Boat Lift
  • Intracoastal View

About This Home

Boaters Paradise! Set on 4.9 private acres with over 260 feet of direct frontage along the Intracoastal Waterway, this exceptional home offers panoramic views of lush marsh, Masonboro Island, and an unmatched coastal lifestyle. Custom built by Eddie Collins, this three-level residence effortlessly blends timeless craftsmanship with modern functionality--all just steps from the water.At the heart of the property is a private dock system, featuring two boat slips with lifts--one rated for 12,000 lbs, the other for 6,000 lbs--complete with shore power and a spacious landing area ideal for entertaining or preparing for a day on the water. An additional 24' x 9' floating dock provides easy access for small boats, paddleboards, and water sports gear, enhancing the home's appeal for active coastal living.Inside, the home offers four bedrooms, two flexible bonus rooms, and a first-floor primary suite. Elegant finishes include hardwood flooring, tile baths, crown molding, and custom built-in shelving in a cozy den. A residential elevator provides easy access to all levels, while metal retractable hurricane shutters on the north and east-facing windows offer security and peace of mind during storm season.Outdoor living is elevated with 400 square feet of covered ground-level deck, ideal for entertaining, and expansive double-decker porches that frame uninterrupted coastal views. The estate also features three oversized garages plus over 400 square feet of additional enclosed storage--perfect for gear, equipment, or a workshop.Additional highlights include a reverse osmosis water system, central vacuum, outdoor shower, and a well water system serving both the home and the irrigation system. Septic system is off site.This is a rare opportunity to own a refined, turn-key waterfront retreat with deep-water access, exceptional privacy, and world-class boating infrastructure--ideally positioned along one of the East Coast's most sought-after coastal corridors.

Listing Agent

Jane Marr

Intracoastal Realty Corp License #208849 Listed on: 04/25/2025

Intracoastal Realty Corp

Co-Listing Agent

Vance Young

Intracoastal Realty Corp License #245851

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,392

Year Built

  • Built in 2002

Lot Details

  • 4.9 Acre Lot
  • Waterfront
  • Property is zoned R-15

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,870 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bookcases
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Home Office
  • Intracoastal Views
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Oven
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R07705-001-010-000

Community Details

Overview

  • Masonboro Landing HOA, Phone Number (910) 443-5544
  • Masonboro Landing Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,392

Year Built

Built in 2002

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 2002
  • Trash Collection: Private Service
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Scuttle
  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Blinds/Shades, Solid Surface, Walk-in Shower, Elevator, Kitchen Island, High Ceilings, Gas Log, Central Vacuum, Ceiling Fan(s), Bookcases
  • Laundry Location: Laundry Closet, Laundry Room
  • List Price per Sq Ft: 773.90
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Den Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: Second
  • Sq Ft Heated: 3870.00
  • Total Heated Primary Separate Sq Ft: 3870.00

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings, Raised
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Private Road
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Concrete, Garage Door Opener, Off Street

Utilities

  • Appliances Equipment: Built-In Microwave, Refrigerator, Wall Oven, Gas Cooktop, Dishwasher
  • Cooling System: Central Air
  • Heating System: Heat Pump
  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 1020.00
  • HOAAssociationName: Masonboro Landing HOA
  • HOAAssociationPhone: 9104435544

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 723.00
  • Lot Acres: 4.90
  • Lot Description: See Remarks
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 213444.00
  • Lot Water Features: Boat Dock, Water Access Comm, Deeded Water Access, Deeded Water Rights, Bulkhead, Boat Slip, Boat Lift
  • Plat Book: 36
  • Plat Page: 57
  • Zoning: R-15
  • Lot View Type: ICW View, Water

Tax Info

  • Tax Identifier: R07705-001-010-000
  • Tax Year: 2025
  • Total Real Estate Property Taxes: 8392.40

MLS Schools

  • Elementary School: Masonboro Elementary
  • High School: Hoggard
  • Middle School: Myrtle Grove
  • 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
2023 $8,460 $1,606,200 $1,030,600 $575,600
2022 $8,541 $1,606,200 $1,030,600 $575,600
2021 $8,806 $1,606,200 $1,030,600 $575,600
2020 $6,072 $960,000 $543,500 $416,500
2019 $6,072 $960,000 $543,500 $416,500
2018 $6,072 $960,000 $543,500 $416,500
2017 $6,216 $960,000 $543,500 $416,500
2016 $6,620 $955,200 $543,500 $411,700
2015 $6,151 $955,200 $543,500 $411,700
2014 $6,046 $955,200 $543,500 $411,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $2,995,000 -6.4% $774 / Sq Ft
07/11/2025 07/11/25 Price Changed $3,200,000 -8.6% $827 / Sq Ft
05/21/2025 05/21/25 Price Changed $3,500,000 -5.4% $904 / Sq Ft
04/25/2025 04/25/25 For Sale $3,700,000 -- $956 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed -- None Available
Deed $46,000 --
Deed -- --
Deed -- --
Deed $440,000 --
Source: Public Records

Source: Hive MLS

MLS Number: 100503560

Hive MLS

APN: R07705-001-010-000