Address
1988 W Lake Shore Drive, Wilmington, NC
Price
$ 949,900
Property Attributes
  • MLS#100572479
  • TypeSingle Family
  • Listing Status Active
  • CountyNEW HANOVER
  • CityWilmington
  • AreaWoodlawn
  • NeighborhoodWilmington
  • Zip28401
  • StyleSingle Family Residence
  • Year Built1935
  • Price$ 949,900
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2374
  • Lot Size0.93 Acres
Data Source:
Jacksonville NC MLS - NCRMLS
Property Description

Rare Wilmington Property Across from Greenfield Lake | Classic Character, Multiple Living Spaces & Income Potential A rare Wilmington opportunity directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater. 1988 West Lake Shore Drive combines a beautifully appointed main residence, separate Lake House, additional cottage-style space, established short-term rental history, and beautifully landscaped grounds--all near downtown Wilmington. The main residence offers 3 bedrooms and 3 full bathrooms with hardwood floors, fiber cement siding, generator setup, and classic architectural character. The thoughtfully landscaped grounds feature an outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and an above-ground pool. The separate Lake House offers 2 bedrooms and 2 full bathrooms and has been thoughtfully renovated while maintaining its original character. It has earned Airbnb Guest Favorite status with a 4.96-star rating across 332 reviews. An additional detached cottage-style structure, currently used as the Lake Cottage, provides another flexible space and has earned Airbnb Guest Favorite status with a 4.93-star rating across 123 reviews. The Lake House and Lake Cottage generated more than $51,000 in gross income during 2025, giving buyers an established rental history to evaluate. The three separate spaces offer flexibility for personal use, supplemental rental income, short-term rental use, extended stays, or other permitted uses. With Greenfield Lake directly across the street, the amphitheater approximately 220 yards away, and downtown Wilmington nearby, 1988 West Lake Shore Drive offers a distinctive combination of location, classic architectural character, outdoor living, multiple living spaces, and established income potential. Important: The above-ground pool and Lake Cottage were not permitted.

Elementary School Middle School High School
Sunset Elementary School Williston Middle School New Hanover High School
Price History
5/8/2026 Listed $950,000
8/13/2026 1$949,900

General Features

Living Area 2374.0
Heating Other,Fireplace(s),Electric,Forced Air
Cooling Multi Units
Utilities Sewer Connected,Water Connected
Possession Close Of Escrow,At Closing
Roof Shingle
Appliances Vented Exhaust Fan,Electric Oven,Electric Cooktop,Built-In Electric Oven,Washer,Refrigerator,Dryer,Double Oven,Dishwasher,Electric Range,Sump Pump
Zoning R-5
Patio/Porch Features Open,Covered,Deck,Patio,Porch,Front Porch,Rear Porch,Side Porch
Pool Features Above Ground
Security Features Cameras Included
Construction Materials Fiber Cement,Wood Frame
Year Built 1935
Style See Remarks62
View Lake
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Parcel Number R06005-021-001-000
Waterfront Features None
County New Hanover
Operating Expense 0.0
New Construction No
Property Type Residential
In City Limits? (Y/N) Yes
HOA No
Attached Garage No
Subdivision Name Woodlawn
Garage Y/N No
Other Structures Covered Area,Fountain,Shower,Guest House,Pergola,Shed(s),See Remarks,Gazebo,Storage,Workshop,Outbuilding,Outdoor Kitchen
Total Rooms 8
Full Baths 3
Status Active
Directions From Downtown Wilmington,head east on Hanover Street and turn right onto North 3rd Street. Continue approximately 2.2 miles,then turn left onto Carolina Beach Road (US-421 South). After 0.3 miles,t
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 40511.0
Carport Spaces 0.0
Carport Y/N No
Elementary School Sunset
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Williston
Property Condition Completed,UpdatedRemodeled
Lease Considered Y/N No
Virtual Tour https://www.zillow.com/view-imx/64f55350-8b91-430c-b0dd-11b903abffd8?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type Wood Frame,Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 666100
Legal Description TR 1R GLAD TIDINGS COMMUNITY MINISTRIES RECOM REV

Interior Features

Interior Amenities Master Downstairs,Walk-in Closet(s),Solid Surface,Ceiling Fan(s),Walk-in Shower,Wet Bar,Blinds/Shades,Built-in Features,Walk-In Closet(s),See Remarks
Basement None
Flooring LVT/LVP,Tile,Hardwood
Furnished Y/N Unfurnished
Water Heater Electric
Total Fireplaces 1
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Laundry Room
Total Bedrooms 3
Attic Features None
Entry Level 1
Room Type Master Bedroom,Bedroom 2,Bedroom 3,Living Room,Dining Area,Dining Room,Laundry,Family Room
Unit Type 3 Bedroom
Total Baths 3
Living Area Range 2200 - 2399
SmokingYN No

Exterior Features

Exterior Amenities Outdoor Shower,Irrigation System,Outdoor Kitchen,Garden,Thermal Doors,See Remarks
Exterior Finish Fiber Cement
Fencing Vinyl
Parking Features Circular Driveway,Gravel,Concrete,See Remarks,Assigned,On Site
Lot Features See Remarks,Irregular Lot,Landscaped
Water Source Public
Total Parking 6.0
Lot Size Area 0.93
Foundation Details Concrete Perimeter,Crawl Space
Spa No
Building Area Total 2374.0
Lot Dimensions Irregular
Lot Size Acres 0.93
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N No
Door Features Thermal Doors
Road Frontage Type City Street,State Road,Paved
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28401

Price
AVG $460K
$950K
Year Built
AVG 1964
1935
Visits
AVG 115
453
Data Provided by Inside Real Estate®