118 S 4th Street, Wilmington, NC 28401

$1,795,000
Property Type: Comm Sale or Lease Square Footage: 4,761 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $1,795,000 List Date: 9/18/2025 Last Modified: 11/13/2025

Description

Stunning Historic Home in the Heart of Downtown Wilmington Welcome to this remarkable historic residence, ideally located in the heart of Downtown Wilmington's Historic District. Originally constructed in 1890, this 4,546 sq ft property is steeped in history and has been thoughtfully reimagined by its current owners—transforming a former Bed & Breakfast into a stylish and versatile retreat while preserving the unique architectural character of the home. Property Features: Three expansive levels of beautifully renovated living space Main level features a welcoming foyer, formal living and dining rooms, a fully equipped kitchen, and a primary master suite Second level offers three luxurious ensuites, each designed for maximum comfort Third level includes two additional private ensuites, perfect for guests or extended stays A private accessory unit with separate access expands the potential for additional accommodations or flexible living arrangements This property comes with a four-room Bed & Breakfast permit—a rare opportunity that opens the door to a thriving business venture or elegant private residence. The sale includes all furnishings, making it truly turnkey for your next chapter. Additional Highlights: Lofty ceilings, intricate crown molding, and original large-scale windows throughout Custom-designed closets in each room Beautifully landscaped gardens providing a tranquil oasis in the heart of the city Every room uniquely designed and meticulously appointed Located just steps from downtown Wilmington's best restaurants, galleries, theaters, and boutiques, this home offers the perfect blend of history, luxury, and location.

More Information MLS# 100531402

Building/Ext Features

# of Units: 1 Lot Acres: 0.24 Lot SqFt: 10454 Lot Dimensions: 90 x 118 SqFt - Warehouse: 4761 Location Type: Mainland

Contract Info

Available Date: 2025-09-18 Delayed Marketing?: No Sub-Type: Multi Family Garage: Private Space: Yes Sale/Lease: Sale List Price/SqFt: 377.02 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-09-17 Listing Price: 1795000 Current Price: $1,795,000

Location Information

City Limits: Yes Street #: 118 Pre Direction: S Street Name: 4th Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 Subdivision: Historic District Geo Lat: 34.23361 Geo Lon: -77.944752

Remarks and Showing

Sign on Property: No Directions to Property: From Downtown take Market Street East. Turn right on S 4th and property is on the right.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 1326100 Total City Real Estate Property Tax: 8134 Deed Book: 6185 Deed Page: 2444 Legal: Se 4 E 5 Wilmington Blk 141 Broker Owner: No PID: 311708.87.9761.000 Tax Identifier: R05405-003-004-000 Plat Book: 0 Plat Page: 0 Special Assessments: None Tax Year: 2024 Zoning: HD-R HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes Year Built: 1890

Business Type

Bed & Breakfast: 1

Current Use

Multi-Family: 1 Other: 1

Miscellaneous

Ceiling Height: 10 Current Use: Bed and Breakfast

HOA and Neigh Amenities

No Amenities: 1

Attic

Access Only: 1

Basement

None: 1

Construction

Wood Frame: 1

Lot Water Features

None: 1

Current Service Providers

Electric Provider: Duke Progress Energy Natural Gas Provider: Piedmont Natural Gas Co. Sewer Provider: Cape Fear Public Utility Authority Trash Provider: City of Wilmington Water Provider: Cape Fear Public Utility Authority

Exterior Finish

Wood Siding: 1

Terms

Cash: 1 Conventional: 1 Seller Financing: 1

Foundation

Crawl Space: 1

Flooring

Tile: 1 Wood: 1

Parking Features

Off Street: 1 Paved: 1

Sale/Lease Includes

Buildings: 1 Business: 1 Equipment: 1 Fixtures: 1 Furniture: 1 Inventory: 1 Land: 1 Licenses/Permits: 1

Roof

Shingle: 1 Slate: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

Alley: 1 Paved: 1 Public (City/Cty/St): 1

Cooling

Central Air: 1

Location

Historic District: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1 Natural Gas: 1

Water Heater

Electric: 1 Natural Gas: 1

Utilities

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

Water Source

Municipal Water: 1

Sewer

Municipal Sewer: 1

Financial Info

Financial Info: Yes

BuildingExt Features

SqFt - Heated (Primary): 4761

Property Features

Business Type: Bed & Breakfast HOA and Neigh Amenities: No Amenities Attic: Access Only Basement: None Construction: Wood Frame Exterior Finish: Wood Siding Flooring: Tile; Wood Foundation: Crawl Space Parking Features: Off Street; Paved Roof: Shingle; Slate Lot Description: Corner Lot Current Use: Multi-Family; Other Location: Historic District Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric; Natural Gas Water Heater: Electric; Natural Gas Utilities: Natural Gas Connected; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: November - 13 - 2025
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