708 Market Street, Wilmington, NC 28401
$1,100,000
Property Type:
Residential
Bedrooms:
6
Baths:
5
Square Footage:
6,950
Lot Size (sq. ft.):
18,252
Status:
Active
Current Price:
$1,100,000
List Date:
3/19/2024
Last Modified:
3/19/2024
Description
THE GILCHRIST MANSION AND CARRIAGE HOUSE
Many buildings are built, but very few are created
It is a rare opportunity to buy a 6,950 sq ft historical mansion that allows a person to create something truly magnificent and magical. This Queen Anne-style historical mansion was built by E. William Gilchrist in 1894.
There are two options to consider when purchasing this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) or, Two - renovate the 6 bedroom, 5 bath mansion as a luxurious palatial estate for your own use.
It has taken 2 years to get The Gilchrist project to this point. The site has been cleared, and architectural and engineering plans are in place and ready for this majestic conversion. The purchase price includes all architectural and engineering plans and more. Please visit online at TheGilchrist to get a detailed overview of this unique project.
It is very unlikely to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.42 acre and fronts Market Street as well as 7th Street and is within walking distance to the heart of downtown and very close to the new Coca-Cola Soda Pop district.
The exterior of the mansion is in great shape, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more!
I can assure you that once you visit this property, the experience will be one of wonder and wonderful!
More Information MLS# 100433611
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Effective Date: 2024-03-19
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-03-19
Listing Price: 1100000
Current Price: $1,100,000
List Price/SqFt: 158.27
Sub Agent Comm $/%: $
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 708
Street Name: Market
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Historic District
Secondary Subdivision: N/A
Geo Lat: 34.235596
Geo Lon: -77.940235
Remarks and Showing
Directions to Property: Located on Market Street, just 7 blocks from the Cape Fear River.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.42
Lot SqFt: 18252
Lot Dimensions: See Plat
Waterfront: No
Waterview: No
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 6950
Total SqFt - Heated (Primary + Separate): 6950
# Rooms: 14
# Baths - Full: 5
# Baths - Total: 5
# Bedrooms: 6
Master Bedroom Level: Primary Living Area
Stories: 3
Legal & Taxes
Tax Assessed Value: 516100
Total Real Estate Property Taxes: 4361.05
Deed Book: 1414
Deed Page: 1917
Legal: Pt Lts 1/2/3 Blk 158 Wilm
Broker Owner: No
PID: R04817039004000
Tax Identifier: R04817-039-004-000
Plat Book: n/a
Plat Page: n/a
Special Assessments: none
Tax Year: 2023
Year Built: 1894
Zoning: HD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Current Service Providers
Electric Provider: Duke Progress Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Property Features
Handicap Accessible: None
Attic: None
Basement: Finished - No
Construction: Wood Frame
Exterior Features: None
Exterior Finish: Wood Siding
Fencing: Metal/Ornamental
Foundation: Block; Crawl Space
Fuel Tank: None
Green Bldg Certify: None
Green Bldg Features: None
Parking Features: Off Street; On Site
Patio and Porch Features: Covered; Deck; Porch
On-Site Pool/Spa: None
Roof: Metal
Stories/Levels: Two; 3 Story or More
Trash Collection: City Pick-UP
Road Type/Frontage: Public (City/Cty/St)
Lot Water Features: None
Cooling: See Remarks
Heating: Other-See Remarks
Heating System Fuel Source: See Remarks
Utilities: Municipal Sewer; Municipal Water; Natural Gas Available
Appliances/Equip: Range; Wall Oven
Fireplace: 3+
Flooring: See Remarks
Interior Features: 1st Floor Master; 9Ft+ Ceilings; Basement; Foyer; Security System
Laundry Features: Room
Heated SqFt: 6500 - 6999
Dining Room Type: Formal; Kitchen
HOA and Neigh Amenities: No Amenities
Terms: Cash
Listing Office: Sky's the Limit Realty
Last Updated: March - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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