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8720 Shipwatch Drive

Wilmington, NC 28412

$1,299,000 $5,476/Mo

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Overview

Bed

Bath

3,547

Sqft

0.81

Acre(Lot)

Description

Positioned along the scenic Cape Fear River in Wilmington, this waterfront property offers a rare opportunity to secure expansive water views on almost an acre, a fully equipped semi private dock with boat and jet ski lifts, and the ability to elevate value--all within the sought-after gated community of Shipwatch. With 4 bedrooms and 3 full bathrooms, the home has been thoughtfully improved to maximize both functionality and flexibility. Recent updates include new kitchen countertops, full interior paint, new hardware and fixtures, new elevated storage room below, and new bedroom flooring, along with reconfigured living spaces--converting a former library into a fourth bedroom and transforming the laundry area into additional sleeping quarters--creating ample room for guests, extended family, or multi-generational living. Designed for those who prioritize lifestyle, the outdoor experience is where this property truly stands out. A new private walkway from the back deck leads directly to the dock, complete with a 10,000 lb boat lift and a finger pier with 5,000 lb jet ski lift, offering immediate, turnkey access to life on the water--an increasingly rare and valuable feature to be just a few minutes to Snows Cut Bridge and the intracoastal. Inside, the home offers generous living and entertaining spaces, with a layout ideal for gathering, relaxing, and taking full advantage of the surrounding natural beauty. While some cosmetic opportunities remain, this presents a compelling advantage for buyers looking to personalize the home and capture additional value--without taking on a full-scale renovation. This is more than just a home--it's a chance to create a custom waterfront retreat in a setting where the views, homesite, and boating infrastructure are already in place. Opportunities like this are becoming increasingly difficult to find at this price point.

Property Details

Property Type : Residential

Price : $1,299,000

AD Id : 77916095

MLS Id : 100571000

Beds : 4

Lot Size : 0.81 Acre

Living Area Size : 3,547

Year Built : 1991

Garage : 2

County : New Hanover

Subdivision: Lake Forest

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 11 Basement: None
Flooring Information

Ceramic Tile, Hardwood
Roofing Information

Shingle
Interior Features

Master Downstairs, Walk-In Closet(s), High Ceilings, Entrance Foyer, Kitchen Island, Elevator, Ceiling Fan(s), Pantry, Built-in Features Roof: Shingle Appliances: Electric Oven, Electric Cooktop, Water Softener, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Microwave, Electric Water Heater Laundry Features: Washer Hookup, Laundry Room Window Features: Skylight(s), Storm Window(s), Shutters, Window Coverings
Heating & Cooling

Has Heating: Yes Heating: Wood, Heat Pump, Fireplace(s), Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Heat Pump Water front: 1

Building Information

Year Built: 1991 Building Area Total: 3547 Construction Materials: Stone, Stucco, Frame Patio And Porch Features: Covered, Deck, Porch, Screened, Wrap Around, Rear Porch, Side Porch Pool Features: None Private Pool: No Water front Features: Waterfront Access View: River, Water Association Fee Frequency: Annually
Exterior Features

Exterior Features: Outdoor Shower, Dock, Boat Slip

Lot Information

Lot Dimensions: 85 X 404 X 407 X 91 Main Square Feet: 0.81 Acres Lot Size Acres: 0.81 Lot Size Square Feet: 35240 Lot Description: Corner Lot, Secluded

Property Information

Subdivision: Shipwatch Source Property Type: Residential Property SubType: Single Family Residence Levels: Three Or More Property Age: 35

Listing Price Information

Listing Price: $1299000 Original Price: $1350000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: R08415-001-001-000 Tax Year: 2025 Annual Tax: $4246.02

Parking Information

Parking Total: 2 Garage Faces Front, Concrete, Garage Door Opener, Off Street, Paved, Garage

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

Homeowners Association Information
Has Association: Yes HOA: $1,540.00 Association Amenities: Gated Community Features: Street Lights

School Information

Elementary School: Carolina Beach

Junior High School: Murray

Senior High School: Ashley
Utility Information

Water Connected
Location Information

Direction: South on Carolina Beach Road. Right on Saunders Road. Left on River Road. Right on Starboard. Go to Gate. Use code. Right on Shipwatch. House is third house on the left. WaterSource: Well Security Features: Fire Sprinkler System, Security Lights

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
LOT 46 Beacons End Terr.., Wilmington, NC, 28412	$1,890,000	4	5	3,835	3,835 SqFt
511 Craddock Drive, Wilmington, NC, 28412	$765,000	4	3	2,891	2,891 SqFt
7322 Cassimir Place, Wilmington, NC, 28412	$364,900	3	3	1,630	1,630 SqFt
7108 Carolina Beach Road, Wilmington, NC, 28412	$445,000	4	2	1,580	1,580 SqFt
623 Trevis Lane, Wilmington, NC, 28412	$420,000	4	3	1,407	1,407 SqFt
8010 Sweetgrass Court, Wilmington, NC, 28412	$350,000	4	3	1,440	1,440 SqFt
805 Red Lighthouse Lane, Wilmington, NC, 28412	$306,000	3	2	1,167	1,167 SqFt
8207 Mainsail Lane, Wilmington, NC, 28412	$475,000	3	2	2,236	2,236 SqFt
8210 Mainsail Lane, Wilmington, NC, 28412	$839,000	5	4	3,820	3,820 SqFt
7821 Niffer Lane, Wilmington, NC, 28412	$269,900	3	2	1,344	1,344 SqFt

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ByOwner last updated this listing 06/11/2026 @ 06:48

MLS: 100571000 LISTED BY: The Summers Real Estate Team, Keller Williams Innovate-Wilmington SOURCE: Hive MLS (North Carolina Regional)