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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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