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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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