$845,000
Wilmington, NC 28403
MLS# 100574007
Status: Closed
3 beds | 3 baths | 2744 sqft
1 / 96
Property Description
Welcome to ILM Retreat -- a rare luxury investment opportunity in the heart of Wilmington offering exceptional income potential and resort-style living. This fully furnished private retreat features a beautifully updated 3 bedroom, 2 bathroom main residence paired with a detached 2 bedroom, 1 bathroom ADU that lives like its own private home, creating the ideal setup for short-term rental income, multi-generational living, or an owner-occupied investment property. Currently operating as a successful short-term rental with impressive annual income, this property is truly turnkey inside and out. Designed for both relaxation and entertaining, the backyard feels like a private resort complete with a heated saltwater pool, hot tub, covered outdoor living area, fire pits, and a fully fenced yard offering total privacy. Guests and owners alike will appreciate the private gym with equipment, dedicated workspace with standing desk, high-speed WiFi, smart TVs, and multiple indoor and outdoor gathering spaces. The property also includes two full kitchens, laundry in both the main home and apartment, private driveway parking, and convenient self check-in with keyless entry. Inside, extensive renovations and updates shine throughout, including newer HVAC systems, newer roof, modern finishes, and thoughtfully designed living spaces that blend comfort with style. The flexible floorplan offers five total bedrooms with a spacious king suite in the main home, additional queen bedrooms, and private accommodations in the detached apartment. Centrally located in midtown Wilmington, this property provides easy access to beaches, shopping, dining, downtown Wilmington, and University of North Carolina Wilmington. Whether you're searching for a luxury primary residence, vacation home, or high-performing investment property, ILM Retreat delivers an unmatched combination of location, lifestyle, and revenue potential.
Details
Maps
Location Information
City Limits: Yes
Secondary Subdivision: N/A
Street #: 621
Street Name: Decatur
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28403
Subdivision: Devon Park
Geo Lat: 34.226232
Geo Lon: -77.892644
Building/Ext Features
ud_i_08: 1
Property Interior Info
ud_i_10: 1
Total SqFt - Heated (Primary + Separate): 2744
# Rooms: 7
# Baths - Full: 2
# Baths - Half: 1
# Baths - Total: 3
Master Bedroom Level: Primary Living Area
Fireplace Y/N: Yes
SqFt - Heated (Primary): 2744
# Bedrooms: 3
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 309.73
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2026-05-14
Listing Price: 849900
Current Price: $845,000
Remarks and Showing
Sign on Property: Yes
Directions to Property: From South College Road; West on Wilshire Blvd (towards Downtown/away from Beach). Right on Bonham Avenue. Left on Hoggard Street. Left on Winston Blvd. Right on Decatur. House is 3rd property on the Right.
Property Exterior Info
New Construction: No
Lot Acres: 0.47
Lot Dimensions: 108x229x102x181
Lot SqFt: 20430
Waterfront: No
Waterview: No
Location Type: Mainland
Legal & Taxes
Tax Assessed Value: 662300
Total Real Estate Property Taxes: 3897.64
Deed Book: 6777
Deed Page: 635
Legal: Lot 20 Blk L Devon Pk
Broker Owner: No
PID: R05510-006-007-000
Tax Identifier: R05510-006-007-000
Plat Book: n/a
Plat Page: n/a
Special Assessments: None
Tax Year: 2025
Zoning: R-15
HOA: No
Cobra Zone: No
School District: New Hanover
Elementary School: Forest Hills
Middle School: Williston
High School: New Hanover
Showing Instructions
24 Hour Notice: 1
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Off Street: 1
Paved: 1
HOA and Neigh Amenities
No Amenities: 1
Frontage Type
See Remarks: 1
View Type
None: 1
Construction
Wood Frame: 1
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Brick Veneer: 1
Terms
Cash: 1
Conventional: 1
Commercial: 1
Fencing
Back Yard: 1
Wood: 1
Foundation
Block: 1
Brick/Mortar: 1
Crawl Space: 1
Slab: 1
Patio and Porch Features
Front Porch: 1
Patio: 1
Rear Porch: 1
Security Features
Smoke Detector(s): 1
Pool Features
In Ground: 1
See Remarks: 1
Roof
Shingle: 1
Levels
One: 1
Entry Level Information
Entry Level: 1
Road Type/Frontage
Maintained: 1
Public (City/Cty/St): 1
Cooling
Attic Fan: 1
Central Air: 1
Other Structures
Storage: 1
Workshop: 1
Heated SqFt
2600 - 2799: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Water Available: 1
Appliances/Equip
Built-In Microwave: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Cooktop: 1
Gas Oven: 1
Refrigerator: 1
Washer: 1
See Remarks: 1
Fireplace Features
Living Room: 1
Interior Features
2nd Kitchen: 1
Apt/Suite: 1
Blinds/Shades: 1
Built-in Features: 1
Ceiling Fan(s): 1
Entrance Foyer: 1
Furnished: 1
Master Downstairs: 1
Mud Room: 1
Pantry: 1
Smart Thermostat: 1
Walk-in Shower: 1
See Remarks: 1
Laundry Features
None: 1
Dining Room Type
Formal: 1
Home Warr/Termite
Termite Company: Clegg's Termitest
Termite Company Phone: 910-796-1202
Rooms
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Dining Room: 1
Dining Room Level: First
Family Room: 1
Family Room Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Master Bedroom: 1
Master Bedroom Level: First
Legal Taxes
Year Built: 1959
Status Change Info
Under Contract Date: 2026-05-15
Sold Price: $845,000
Sold Date: 2026-06-17
Property Features
Showing Instructions: 24 Hour Notice
Frontage Type: See Remarks
View Type: None
Construction: Wood Frame
Exterior Finish: Brick Veneer
Fencing: Back Yard; Wood
Foundation: Block; Brick/Mortar; Crawl Space; Slab
Parking Features: Off Street; Paved
Patio and Porch Features: Front Porch; Patio; Rear Porch
Pool Features: In Ground; See Remarks
Roof: Shingle
Levels: One
Cooling: Attic Fan; Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Water Available
Fireplace Features: Living Room
Interior Features: 2nd Kitchen; Apt/Suite; Blinds/Shades; Built-in Features; Ceiling Fan(s); Entrance Foyer; Furnished; Master Downstairs; Mud Room; Pantry; Smart Thermostat; Walk-in Shower; See Remarks
Security Features: Smoke Detector(s)
Laundry Features: None
Heated SqFt: 2600 - 2799
Dining Room Type: Formal
Other Structures: Storage; Workshop
HOA and Neigh Amenities: No Amenities
Rooms: Bedroom 2; Bedroom 3; Dining Room; Family Room; Kitchen; Living Room; Master Bedroom
Terms: Cash; Conventional; Commercial
Room Information
| Room Name | Length | Width | Level |
| Master Bedroom | 13.00 | 12.00 | First |
| Bedroom 2 | 11.00 | 11.00 | First |
| Bedroom 3 | 12.00 | 9.00 | First |
| Living Room | 14.00 | 16.00 | First |
| Dining Room | 12.00 | 9.00 | First |
| Kitchen | 12.00 | 10.00 | First |
| Family Room | 24.00 | 14.00 | First |
IDX
Listing Office: Keller Williams Innovate-Wilmington
Last Updated: June - 18 - 2026
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.