705 Mcrae Street, Wilmington, NC 28401

$385,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,658 Lot Size (sq. ft.): 2,309 Status: Closed
Current Price: $385,000 List Date: 3/14/2025 Last Modified: 12/19/2025

Description

Welcome to 705 McRae St, a stylish 2023-built home in the heart of downtown Wilmington! This versatile property is perfect as a primary residence or continued use as an income-producing investment, offering a prime location near the Live Oak Pavilion, Brooklyn Arts District, and all the dining, shopping, and entertainment downtown has to offer. Step inside to find 9-foot ceilings and an inviting open-concept layout featuring granite countertops and luxury vinyl plank flooring throughout. A standout feature of this home is the two-story covered porches—with the top-floor porch serving as a private retreat off the primary suite, perfect for relaxing with a morning coffee or evening breeze. Situated on a growing, up-and-coming block, this home offers the opportunity to be part of a thriving and evolving downtown community. Plus, off-street parking—a rare downtown perk—adds even more convenience. Whether you're looking for a turn-key investment or a stylish home in the heart of Wilmington, this property delivers. Don't miss out—schedule your showing today!

More Information MLS# 100494235

Building/Ext Features

ud_i_08: 0

Property Interior Info

Total SqFt - Heated (Primary + Separate): 1658 # Rooms: 4 # Baths - Full: 2 # Baths - Half: 1 # Baths - Total: 3 Master Bedroom Level: Non Primary Living Area Stories: 2 Fireplace Y/N: No SqFt - Heated (Primary): 1658 # Bedrooms: 3

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built List Price/SqFt: 233.9 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2025-03-14 Listing Price: 387800 Current Price: $385,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 705 Street Name: Mcrae Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 Subdivision: Not In Subdivision Geo Lat: 34.244253 Geo Lon: -77.939827

Remarks and Showing

Sign on Property: Yes Directions to Property: From MLK take the exit to McRae St. Property will be on the right.

Property Exterior Info

New Construction: No Lot Acres: 0.05 Lot Dimensions: irregular Lot SqFt: 2309 Waterfront: No Location Type: Mainland

Legal & Taxes

Tax Assessed Value: 237200 Total Real Estate Property Taxes: 2063.64 Deed Book: 6715 Deed Page: 2074 Legal: Se 1/4 4 Wilm Block 268 Broker Owner: No PID: R04813-010-014-000 Tax Identifier: R04813-010-014-000 Plat Book: 0 Plat Page: 0 Special Assessments: None Known Tax Year: 2024 Zoning: R-3 HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes School District: New Hanover Elementary School: Snipes Middle School: Williston High School: New Hanover

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Off Street: 1 On Site: 1 On Street: 1 Paved: 1

Construction

Wood Frame: 1

Unit Type

3 Bedroom: 1

Exterior Finish

Fiber Cement: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Fencing

Back Yard: 1 Partial: 1 Privacy: 1

Foundation

Slab: 1

Patio and Porch Features

Balcony: 1 Covered: 1 Porch: 1

Roof

Architectural Shingle: 1

Levels

Two: 1

Road Type/Frontage

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

Trash Collection

City Pick-UP: 1

Cooling

Central Air: 1

Heated SqFt

1600 - 1799: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Interior Features

High Ceilings: 1 Kitchen Island: 1 Pantry: 1

Dining Room Type

Combination: 1

Legal Taxes

Year Built: 2023

Status Change Info

Under Contract Date: 2025-11-26 Sold Price: $385,000 Sold Date: 2025-12-19

Property Features

Construction: Wood Frame Unit Type: 3 Bedroom Exterior Finish: Fiber Cement Fencing: Back Yard; Partial; Privacy Foundation: Slab Parking Features: Off Street; On Site; On Street; Paved Patio and Porch Features: Balcony; Covered; Porch Roof: Architectural Shingle Levels: Two Trash Collection: City Pick-UP Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Interior Features: High Ceilings; Kitchen Island; Pantry Heated SqFt: 1600 - 1799 Dining Room Type: Combination Terms: Cash; Conventional; FHA; VA Loan
Listing Office: Sound and Sea Realty LLC
IDX
Last Updated: December - 19 - 2025
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