115 Forest Hills Drive, Wilmington, NC 28403

$529,900
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,240 Lot Size (sq. ft.): 30,144 Status: Active
Current Price: $529,900 List Date: 11/26/2025 Last Modified: 12/05/2025

Description

Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new. The existing structures offer flexible options — renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft — perfect for rental income, guest quarters, or multigenerational living. Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion. Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area. Endless possibilities await — bring your vision to life in Forest Hills.

More Information MLS# 100508665

Building/Ext Features

ud_i_08: 1

Property Interior Info

SqFt - Heated Separate: 580 Total SqFt - Heated (Primary + Separate): 2820 # Rooms: 6 # Baths - Full: 2 # Baths - Half: 1 # Baths - Total: 3 Master Bedroom Level: Non Primary Living Area Stories: 2 Fireplace Y/N: Yes SqFt - Heated (Primary): 2240 # Bedrooms: 4

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built List Price/SqFt: 187.91 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-05-20 Listing Price: 529900 Current Price: $529,900

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 115 Street Name: Forest Hills Street Suffix: Drive County: New Hanover State/Province: NC Zip Code: 28403 Subdivision: Forest Hills Geo Lat: 34.236183 Geo Lon: -77.914109

Remarks and Showing

Sign on Property: Yes Directions to Property: Traveling east on Market St turn right onto Forest Hills Dr and the home is on the left.

Property Exterior Info

New Construction: No Lot Acres: 0.69 Lot Dimensions: 100 x 300 Lot SqFt: 30144 Waterfront: No Waterview: No Location Type: Mainland Horses Y/N: No

Legal & Taxes

Tax Assessed Value: 422000 Total Real Estate Property Taxes: 3671.4 Deed Book: 4926 Deed Page: 765 Legal: Lt 11A Sec A Forest Hills S/D Broker Owner: No PID: R04820-011-022-000 Tax Identifier: R04820-011-022-000 Plat Book: 0 Plat Page: 0 Special Assessments: None Tax Year: 2024 Zoning: R-15 HOA: No Cobra Zone: No School District: New Hanover Elementary School: Forest Hills Middle School: Williston High School: New Hanover

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 1 Total # Garage Spaces: 1 Total Carport Spaces: 0 Driveway Spaces: 4

Parking Features

Off Street: 1 Paved: 1

Basement

Unfinished: 1

Construction

Wood Frame: 1

Exterior Finish

Brick Veneer: 1

Terms

Cash: 1 Conventional: 1

Fencing

Back Yard: 1

Foundation

Crawl Space: 1 Raised: 1

Patio and Porch Features

None: 1

Roof

Shingle: 1

Levels

Two: 1

Road Type/Frontage

Public (City/Cty/St): 1

Cooling

Heat Pump: 1

Heated SqFt

2200 - 2399: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Utilities

Natural Gas Available: 1 Sewer Connected: 1 Water Connected: 1

Interior Features

None: 1

Dining Room Type

Formal: 1

Legal Taxes

Year Built: 1930

Property Features

Basement: Unfinished; Unfinished Construction: Wood Frame Exterior Finish: Brick Veneer Fencing: Back Yard Foundation: Crawl Space; Raised Parking Features: Off Street; Paved Patio and Porch Features: None Roof: Shingle Levels: Two Cooling: Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Utilities: Natural Gas Available; Sewer Connected; Water Connected Interior Features: None Heated SqFt: 2200 - 2399 Dining Room Type: Formal Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: December - 05 - 2025
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