Wilmington Homes under $500,000

Welcome to Wilmington, North Carolina, a charming coastal city that perfectly blends Southern hospitality with a vibrant urban lifestyle. Nestled in New Hanover County, Wilmington is renowned for its rich history, stunning riverfront, and proximity to beautiful beaches. With a thriving arts scene, diverse culinary offerings, and a picturesque historic district, Wilmington has something for everyone, from young professionals to families seeking a welcoming community.

One of the most appealing aspects of Wilmington is its accessibility to affordable housing. For those looking to settle in this delightful city without breaking the bank, there are numerous homes available under $500,000. Whether you're in search of a cozy bungalow, a modern townhouse, or a spacious family home, Wilmington offers a variety of options to suit your needs and budget. Many of these homes are situated in friendly neighborhoods, each with its own unique charm and character, allowing you to find the perfect place to call home.

In addition to its affordable housing market, Wilmington boasts an array of outdoor activities and recreational opportunities. With nearby beaches like Wrightsville Beach and Carolina Beach, residents can enjoy sun-soaked days filled with swimming, surfing, and beachcombing. The city's numerous parks and green spaces also provide ample opportunities for hiking, biking, and picnicking.

Embrace the Wilmington lifestyle, where you can enjoy a vibrant community, beautiful surroundings, and a range of affordable housing options—all while being just moments away from the stunning coastline. Come discover why Wilmington is the perfect place to plant your roots!

Newest Wilmington Homes under $500,000

$371,000

3 Beds ⋅ 2 Baths

Mid-century one story ranch home on 0.57 acre in Devon Park. There are hardwood floors in the bedrooms and hallway, and there appear to be hardwood floors under the carpet in the living and dining rooms as well. There may be an oil tank in the back yard. This home needs some updates but has lots of potential. Located in midtown Wilmington and is convenient to shopping, restaurants, and UNCW. 3 Bed, 1½ Bath. It is being sold in present condition as a commissioner sale under N.C. General Statute Ch. 46A.

3834 Winston Blvd, Wilmington

$389,000

3 Beds ⋅ 2 Baths

Located in the desirable Ogden area of Wilmington, this 3-bedroom, 2-bath home offers a fantastic opportunity for homeowners and investors alike. Featuring solar panels for added energy efficiency, hardwood flooring and an open floor plan making it great for entertaining. This property combines everyday comfort with the convenience of a prime location. Enjoy easy access to Wrightsville Beach, Mayfaire Town Center, shopping, dining, schools, and all that Wilmington has to offer. Currently tenant-occupied with a lease in place through March 2027, this property provides an opportunity for investors seeking rental income or buyers planning for future occupancy. Whether you're looking to expand your investment portfolio or find your next home in a convenient coastal location, 7400 Foxwerth is worth a look!

7400 Foxwerth Dr, Wilmington

$399,999

4 Beds ⋅ 4 Baths

MASONBORO LOOP AREA - RENOVATION OPPORTUNITY! Located on a quiet dead-end street in Holiday Hills, this property offers an opportunity for experienced renovation professionals to reimagine a 4-bedroom, 3.5-bath home on a 0.46-acre lot in the desirable Masonboro Loop area of Wilmington. The 2,724-square-foot modular home features a spacious floor plan and a large eat-in kitchen, providing a starting point for an extensive renovation. The property is being sold AS-IS and is priced with the substantial renovation required in mind. Buyers should anticipate professional renovation of interior components and systems, along with removal of debris from the home and yard. An existing outbuilding has reportedly been used as an accessory dwelling unit; however, it was not permitted as such, and buyers should independently verify permitted uses and applicable requirements. Conveniently located near Trails End Park, with boating access to the Intracoastal Waterway, a waterfront picnic area, and fishing pier. An opportunity best suited for professional investors, builders, and renovation contractors prepared to undertake a comprehensive project.

145 Whipporwill Ln, Wilmington

$300,000

3 Beds ⋅ 2 Baths

A cute 3-bedroom, 2-bath patio home offering a fresh, move-in-ready feel and a convenient Wilmington location. Recently refreshed with new paint, flooring, and carpet throughout, this home is ready for its next owner! The layout features a comfortable open living space and a private primary bedroom complete with an en-suite bathroom and walk-in closet. All appliances convey, including the washer and dryer. Step outside to enjoy the fenced backyard, complete with a patio, storage shed, and a gate for added convenience. Whether you're looking for a place to call home or an investment property, this home offers a combination of updates, functional outdoor space, and a strong rental history. Enjoy the added benefits of no HOA and a location outside the Wilmington city limits, while still being conveniently situated near shopping, schools, downtown Wilmington, and more. Offered at $300,000, this is a great opportunity to own a freshly updated patio home in a convenient location!

811 Grathwol Dr, Wilmington

$489,000

1 Beds ⋅ 2 Baths

Experience the best of downtown Wilmington living at River Place, where modern luxury meets an unbeatable location along the Cape Fear River. Built in 2019, this beautifully situated 1-bedroom, 2-bathroom condominium offers 958 square feet of thoughtfully designed living space in one of downtown Wilmington's premier residential communities. What truly sets this residence apart is its exceptional convenience. Located on the same floor as the skybridge, Unit 753 provides effortless access to the building's resort-style amenities, including a swimming pool, fitness center, and inviting outdoor gathering spaces with breathtaking views of the Cape Fear River and downtown skyline. Whether you're enjoying a relaxing afternoon by the pool, getting in a morning workout, or taking in the scenery from the outdoor patio, the River Place lifestyle is right at your fingertips. Dedicated parking adds another level of convenience, while the unbeatable downtown location places Wilmington's finest restaurants, boutique shopping, entertainment, and scenic Riverwalk just steps from your front door. Whether you're searching for a primary residence, a sophisticated downtown retreat, or a low-maintenance second home, this exceptional condominium offers the perfect combination of location, luxury, and lifestyle. Discover the convenience of elevated downtown living at River Place. Schedule your private showing today!

240 N Water St Unit Apt 753, Wilmington

$419,900

4 Beds ⋅ 2 Baths

Renovated 4-bedroom, 1.5-bath brick ranch offering 1,477 heated sq ft on a 0.39+/- acre lot in Willow Woods, about a half mile off Oleander Drive. A 2020 renovation included a new roof, fascia and soffit, updated electrical and plumbing, and refinished and expanded hardwood floors. A covered wrap-around front porch leads into a bright living room with large windows and crown molding. The kitchen offers refinished white cabinetry, granite countertops, tile backsplash, stainless appliances and a built-in wall oven. The full bath and half bath were updated with new vanities, toilets, fixtures and flooring. One of the four bedrooms features painted brick walls and French doors, ideal for an office, den or guest space, and a mudroom leads to the utility room. The crawl space was fully encapsulated in 2023 with a vapor barrier, dehumidifier and perimeter water management system, with transferable warranties. Outside, enjoy a 13x15 rear patio, a large privacy-fenced backyard and a long driveway. A large shed in the back offers plenty of extra storage. Single-level living, neutral paint and a convenient location near UNCW, shopping, dining and Wrightsville Beach make this home a smart choice as a primary residence or a strong long-term rental investment.

5410 Rollin Rd, Wilmington

$419,000

3 Beds ⋅ 2 Baths

A turnkey opportunity on Wilmington's established Beasley Road corridor -- move in today and start collecting rent immediately. The front house at 400 Beasley Road is vacant and move-in ready. This bright three-bedroom, two-bath home offers a spacious living and dining layout, primary suite with private bath and walk-in closet, and a rear patio. Easy to show and available for immediate occupancy. Out back, 402 Beasley Road is a carriage-style apartment above a two-car garage. The second-floor unit features a private entrance, open living area, full bedroom, kitchen, and bath with walk-in closet. This legal dwelling unit with its own address is currently leased at $1,200 per month -- income in place from day one. Owner-occupants, house-hackers, and investors alike will appreciate the flexibility here. Live in the front, collect rent in the back. Or lease both units and hold as a fully income-producing asset in a strong Wilmington rental market. No HOA. Minutes from Wrightsville Beach, Mayfaire, and the medical corridor with easy access to College Road and I-40. Note: a private access easement crosses this parcel per the recorded recombination plat, benefiting the adjacent retained parcel. See plat for alignment details. Sellers are licensed NC Real Estate Brokers and Listing Agents

400 Beasley Rd, Wilmington

6140 Carolina Beach Road Trlr Unit Trlr 28, Wilmington

$225,000

3 Beds ⋅ 2 Baths

Freshly renovated 3BR/2BA home in South Ridge, minutes from Carolina Beach! New flooring throughout, all-new appliances, a new roof, and a 2020 HVAC mean the big work is already done. Three large bedrooms and an upgraded primary bath make single-level living comfortable. The spacious fenced lot features a 20x20 shed/workshop, ideal for projects, tools, or storage, plus a tree house for outdoor fun. Concrete driveway and off-street parking add convenience. Low HOA includes water! Just past Monkey Junction, you're close to beaches, dining, shopping, and medical. Move-in ready. Schedule your showing today!

6140 Carolina Beach Road Trlr Unit Trlr 28, Wilmington

$284,500

3 Beds ⋅ 2 Baths

This turnkey 3-bedroom, 2-bathroom home offers an exceptional opportunity as a primary residence or an investment property. Perfectly nestled between the trendy Cargo District and the historic Soda Pop District, this property places you steps from local breweries, artisanal coffee shops, and vibrant urban dining. Whether you are looking to expand your rental portfolio or move into an urban oasis, this home captures the best of the local lifestyle. Schedule your private tour today to experience this urban gem firsthand! Tenant in place, appointment required.

1314 Queen St, Wilmington

$285,000

3 Beds ⋅ 2 Baths

Welcome to 4207 Winding Branches Dr, a move-in-ready, two-story end-unit home offering 3 bedrooms and 2 full bathrooms across 1,308 square feet. Inside, enjoy LVP flooring, an updated kitchen with stainless steel appliances, and a living room featuring vaulted ceilings and a fireplace. The living room can also be viewed from the second-floor balcony. The downstairs layout includes a bedroom and full bathroom just off the foyer. Upstairs, you'll find the primary suite, a third bedroom, and a convenient laundry closet located off the primary suite. Outback, enjoy a large, fenced-in patio with turf installed for low-maintenance outdoor living. An outdoor storage closet provides additional space for organization. Conveniently located in the Treetops HOA in the Monkey Junction area, this home is close to shopping, dining, and both Wrightsville Beach and Carolina Beach, making it a great option for a variety of buyers.

4207 Winding Branches Dr, Wilmington

$319,000

3 Beds ⋅ 1 Baths

**HISTORIC DOWNTOWN CHARM • TURNKEY OPPORTUNITY • LIMITED-TIME $10,000 SELLER CREDIT!** Welcome to 311 S 7th Street, a cheerful 1903 cottage with a sunny bright exterior, turquoise front door, and an inviting covered front porch that practically says, ''Welcome home!'' Tucked along a quiet residential street in historic downtown Wilmington, this charming 3-bedroom, 1-bath bungalow is just 3 blocks from the vibrant Castle Street Arts District and 7 blocks from the scenic downtown Riverwalk! Enjoy easy access to local restaurants, boutiques, breweries, entertainment, and everything that makes downtown Wilmington such a desirable place to visit or call home, with convenient on-street parking adding to the everyday ease of this location. **OFFERED FULLY FURNISHED AND EQUIPPED FOR SHORT-TERM RENTAL USE, IF DESIRED!** Furniture, linens, kitchenware, appliances, washer and dryer, and existing household supplies may convey, making this charming cottage equally appealing as a primary residence, downtown getaway, or investment opportunity. Inside, natural light, cozy living spaces, and classic cottage character create a warm, welcoming atmosphere. Three bedrooms offer flexibility for family, guests, or a home office, while the cheerful kitchen with dining space and inviting living areas make everyday living feel comfortable and easy. And then there's the backyard! A private, fully fenced retreat perfect for relaxing, entertaining, and enjoying Wilmington's beautiful coastal evenings. Gather around the chiminea, enjoy dinner outdoors, or unwind beneath the stars. Together with the covered front porch, these inviting outdoor spaces offer plenty of opportunities to enjoy life outside. **AN ESTABLISHED RENTAL HISTORY!** Affectionately known to vacation guests as *Bungalow 7*, this property has operated as a short-term rental for the past three years, accumulating 116 guest reviews across Airbnb, Vrbo, and Booking.com under its current owners. Historical host payout records and an independent rental revenue projection are available for review. Future guest reservations are currently in place and will be addressed as part of the sale, subject to applicable North Carolina vacation rental laws and contract terms. Optional convenient continued hosting and management services may be available through the current host under a separate agreement. **PLUS, SELLER IS OFFERING UP TO $10,000 IN CLOSING COST CONCESSIONS WITH AN ACCEPTABLE OFFER**, subject to contract terms and applicable financing guidelines. Whether you're looking for a place to call home, a charming downtown escape, or an established investment opportunity, 311 S 7th Street offers historic personality, downtown convenience, and possibilities for its next chapter. Come see what makes this historic downtown bungalow so special!

311 S 7th St, Wilmington

$335,000

3 Beds ⋅ 3 Baths

Wait until you see this one! As fresh as can be, bright and ready to be loved. If you are looking for more out of a townhome, you have come to the right place. 1,900 square feet, fully fenced in court yard, first level primary suite, 3 bedrooms with 2.5 bathrooms. An abundance of natural light paired with open space and an HOA that takes care of everything. Find no interior detail spared, quite ready for you and your your bags; come right in and sit your things right down! Nestled next to a stretch of green lush trees, this unit has off street parking and sits at the very end of the private cul de sac. Right around the corner from Echo Farm's pool and tennis courts, along with everything central Wilmington and beaches have to offer. Come experience why the community loves Wimbledon Townhomes!

323 Wimbledon Ct, Wilmington

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Wilmington Homes under $500,000

Newest Wilmington Homes under $500,000

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How much is your home worth?