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1988 W Lake Shore Drive

Wilmington, NC 28401
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Bed 3

Bed

Bath 3

Bath

SqFt2,374

Sqft

Acres0.93

Acre(Lot)

1988 West Lake Shore Drive is a multi-home property that offers one of the most unique opportunities in Wilmington. Positioned directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater, this remarkable property blends historic character, established income potential, and a private compound-style setting rarely found close to downtown. The property features three separate living spaces, each thoughtfully positioned to provide privacy and flexibility. The 'Main House,' a beautifully preserved 1935-era residence, serves as the primary home and offers 3 bedrooms and 3 full bathrooms with hardwood floors, fiber cement siding, generator setup, and timeless architectural charm. The outdoor living experience is equally impressive with a beautifully lands caped backyard, outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and a private retreat-like setting. The 'Lake House,' originally built around 1945, features 2 bedrooms and 2 full bathrooms. Thoughtfully renovated with modern conveniences while maintaining its character and warmth, it has become a highly successful Airbnb Guest Favorite with an exceptional 4.96-star rating across 332 reviews. The property also includes an additional detached cottage-style structure currently utilized by the owners as the 'Lake Cottage,' offering additional flexibility for guests or extended stays. This space has also earned Airbnb Guest Favorite status with a 4.93-star rating across 123 reviews. The Lake House and Lake Cottage generated over $51,000 in gross income during 2025, presenting an exceptional opportunity for investors, multigenerational living, or buyers seeking a personal residence with supplemental income potential. Whether envisioned as a private family compound, income-producing retreat, or combination of both, 1988 West Lake Shore Drive represents a truly rare Wilmington offering. The above-ground pool and 'Lake Cottage' were not permitted.

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Detail Ic Property Details

Property Type : Residential

Price : $950,000

AD Id : 78274325

MLS Id : 100572479

Beds : 3

Lot Size : 0.93 Acre

Living Area Size : 2,374

Year Built : 1935

County : New Hanover

Subdivision: Village Green

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 8 Basement: None, Sump Pump, Crawl Space
  • Flooring Information

    Tile, Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Master Downstairs, Walk-In Closet(s), Ceiling Fan(s), Wet Bar, Built-in Features, See Remarks Roof: Shingle Appliances: Vented Exhaust Fan, Electric Oven, Electric Cooktop, Built-In Electric Oven, Washer, Refrigerator, Dryer, Double Oven, Dishwasher, Electric Range, Electric Water Heater Laundry Features: Laundry Room Window Features: Window Coverings
  • Heating & Cooling

    Has Heating: Yes Heating: Other, Fireplace(s), Electric, Forced Air Has Cooling: Yes Cooling: Multi Units

  • Building Information

    Year Built: 1935 Building Area Total: 2374 Construction Materials: Fiber Cement, Frame Patio And Porch Features: Covered, Deck, Patio, Porch, Front Porch, Rear Porch, Side Porch Pool Features: Above Ground Private Pool: No View: Lake
  • Exterior Features

    Exterior Features: Outdoor Shower, Outdoor Kitchen, Garden

  • Lot Information

    Lot Dimensions: Irregular Main Square Feet: 0.93 Acres Lot Size Acres: 0.93 Lot Size Square Feet: 40511 Lot Description: See Remarks, Irregular Lot, Landscaped

    Property Information

    Subdivision: Woodlawn Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 91

  • Listing Price Information

    Listing Price: $950000 Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: R06005-021-001-000 Tax Year: 2026

  • Parking Information

    Circular Driveway, Gravel, Concrete, See Remarks, Assigned, On Site

  • School Information

    Elementary School: Sunset
    Junior High School: Williston
    Senior High School: New Hanover
  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: 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 WaterSource: Public
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Nearby Home Value

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806 S 16th Street, Wilmington, NC, 28401 $269,000 2 2 1,028 1,028 SqFt
1518 Castle Street, Wilmington, NC, 28401 $407,500 2 1 965 965 SqFt
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2109 E Lake Shore Drive, Wilmington, NC, 28401 $299,000 3 2 1,912 1,912 SqFt
804 S 15th Street, Wilmington, NC, 28401 $369,000 4 2 1,625 1,625 SqFt
1610 Dock Street, Wilmington, NC, 28401 $469,000 3 2 1,106 1,106 SqFt
118 Jamaica Drive, Wilmington, NC, 28401 $368,900 3 2 1,470 1,470 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/19/2026 @ 18:51

MLS: 100572479 LISTED BY: Diane Castro-Perez, Coldwell Banker Sea Coast Advantage-Hampstead SOURCE: Hive MLS (North Carolina Regional)

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