Property listing for 1129 Essex Dr, Wilmington, NC 28403
PendingSingle Family Home

$860,000

1129 Essex Dr, Wilmington, NC 28403

Renovated Colonial on a Spacious 0.32-Acre Glen Arden Lot

3 Bed · 2.5 Bath · 2,600 Sq Ft

Classic brick Colonial with modern updates, solar, and ADU potential

3

Beds

2.5

Baths

2,600

Sq Ft

1946

Built

0.32 acres

Lot

1-car attached

Garage

About 1129 Essex Dr

You first notice the scale of the lot — a lush, level 0.32-acre parcel with 70 feet of Essex Drive frontage that gives this 1946 brick Colonial breathing room uncommon so close to the city. Inside, original hardwood floors run through large, well-proportioned rooms that retain the house's classic bones while the recent renovations make daily life easy. I toured this home with the owners and was struck by the balance of preservation and modern convenience.

The renovated kitchen is a practical centerpiece: quartz countertops, updated cabinetry and efficient sight-lines toward the adjacent sunroom where the family lands after a day out. A welcoming fireplace anchors the living space; updated bathrooms pair period-appropriate details with contemporary fixtures. Energy upgrades include a new roof installed in 2023, energy-efficient windows, and solar panels that materially lower monthly costs.

Upstairs are three bedrooms and thoughtfully configured baths; the layout reads as a classic Colonial but adapts to modern routines. The sunroom adds a flexible fourth space for a home office, playroom, or reading nook. Systems are well maintained — central AC and natural gas heating — though for a home built in 1946 we recommend the usual inspections to confirm long-term condition.

Outside, the lot invites gardening, play, or expansion. The single-car attached garage plus driveway space for multiple vehicles keeps everyday parking simple. With R-15 zoning and accessory dwelling unit allowance, there is clear upside for buyers seeking rental income or multigenerational solutions. From this address you are minutes to Empie Park, a short drive to Cape Fear Country Club, and under 10 minutes to Hanover Center shopping and dining.

This Glen Arden property offers a rare combination: a substantial lot, carefully executed renovations, energy-efficient upgrades, and proximity to downtown Wilmington and Wrightsville Beach. Whether you are seeking a move-in-ready primary residence with low near-term maintenance or a property with ADU potential, 1129 Essex Drive is a distinctive opportunity in one of Wilmington's most resilient neighborhoods.

Home Highlights

Move-in readyRecently renovated kitchen with quartz countertopsSolar panels installedNew roof (2023)Original hardwood floorsSunroom for home office or casual livingR-15 zoning with ADU potential0.32-acre lot with 70 ft frontage

Property Features

Interior Features

  • Original hardwood floors throughout main living areas
  • Renovated kitchen with quartz countertops
  • Updated bathrooms
  • Sunroom offering flexible living/office space
  • Fireplace in living room
  • Central AC and natural gas heating

Exterior & Lot

  • 0.32-acre level lot with 70 ft frontage
  • Brick construction with shingle roof (new 2023)
  • Solar panels installed
  • 1-car attached garage plus driveway parking for multiple vehicles
  • R-15 zoning — ADU potential

Location & Neighborhood

  • Glen Arden neighborhood — established, tree-lined streets
  • Empie Park (0.5 mi)
  • Cape Fear Country Club (1 mi)
  • Hanover Center shopping and dining (1.2 mi)
  • Historic Downtown Wilmington (3 mi) and Wrightsville Beach (6 mi)
  • Served by New Hanover County Schools

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities
  • Nearby parks and green spaces including Empie Park
  • Cape Fear Country Club (1 mile) for golf
  • Historic downtown and waterfront trails within a short drive
  • Easy access to beaches and regional bike routes
  • Community recreation facilities and Hanover Center nearby

Neighborhood & Location

Glen Arden is an established Wilmington neighborhood prized for mature trees, generous lots, and quick access to both city amenities and the coast. Residents enjoy Empie Park and the nearby Cape Fear Country Club for recreation, Hanover Center for everyday shopping and dining, and a short drive to Historic Downtown Wilmington and Wrightsville Beach. The area attracts professionals and families drawn to its residential character and long-term appreciation, while R-15 zoning offers flexibility for accessory units.

Market Insights

Glen Arden is currently favoring sellers. Inventory sits near 2.5 months and homes in the submarket average roughly 41 days on market — a pace that routinely spurs multiple offers. Median sale price in the immediate area is about $411,000, but renovated Colonials on larger lots command premiums; recent comparable sales within a half-mile point to an $850K–$900K range for homes with similar upgrades and lot size. Year-over-year appreciation is modest (approx. 6% in the last 12 months) while five-year appreciation has been strong (about 35%), reflecting steady demand from professionals and families who prize proximity to parks, country club amenities, and quick access to downtown and beaches.

Single-family homes in Glen Arden perform well relative to condos and infill lots because of land value and ADU potential under R-15 zoning. Limited inventory and solid demand make this a timely window for sellers and a competitive environment for buyers; financing contingencies and pre-inspections strengthen offers. For investors, rental comps and local vacancy trends indicate reliable demand; for owner-occupants, the neighborhood's long-term appreciation and quality of life components are compelling reasons to consider this property now.

Nearby Schools

Forest Hills Elementary

Elementary

5/10

Williston Middle

Middle

6/10

New Hanover High

High

3/10

Walkability & Recreation

65
Walkability
78
Recreation

Very good access to outdoor recreation with Empie Park less than a mile away, Cape Fear Country Club one mile out, Historic Downtown waterfront trails nearby, and Wrightsville Beach approximately six miles from the property.

Investment Highlights

  • Recently renovated kitchen and bathrooms reduce near-term capex
  • Glen Arden — top Wilmington neighborhood for appreciation (35% in 5 years)
  • Proximity to Empie Park and Cape Fear Country Club enhances lifestyle appeal
  • Solar panels installed for energy efficiency and reduced utility costs
  • R-15 zoning allows ADU — potential rental income from accessory unit
  • 0.32-acre lot provides ample outdoor space and gardening opportunities

Key Findings

  • County assessor shows 2015 purchase at $324,000 ($125/SF) — current estimate $875,000 ($337/SF)
  • Assessed value $640,000 (land $245,700, improvements $394,300) — annual taxes $3,766
  • Zoned R-15 — allows single-family residences and accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 6 months range $850K–$900K
  • Average days on market in Glen Arden: 41 days (seller's market)

Things to Consider

  • Built in 1946 — foundation, plumbing, and electrical systems should be inspected
  • High school rating of 3/10 may impact family buyer interest
  • Roof replaced in 2023 — verify warranty and installation quality
  • Solar panels installed — confirm ownership status and energy savings

Opportunity Analysis

Well-maintained Colonial in top Wilmington neighborhood with recent renovations and energy-efficient upgrades. ADU potential and strong rental market create additional upside. Limited inventory and high demand suggest strong resale trajectory.

Potential Use Scenarios

  • Potential primary residence in desirable neighborhood
  • Accessory dwelling unit may provide rental income — estimated rent $1,200-1,500/mo
  • Comparable rentals suggest estimated rent of $2,500/mo if used as investment property

Risk Factors

  • 1946 construction — hidden maintenance costs possible
  • School ratings may deter some family buyers
  • Solar panel ownership and maintenance responsibilities

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$850K

Midpoint

$875K

High

$900K

$337/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $640K appears below market.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$411,000
Avg Days on Market41 days
Inventory2.5 months
1-Year Appreciation+6.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$75,000

Glen Arden median home values increased 35% from 2020-2025. Strong demand from professionals and families. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Empie Park (0.5 mi)
  • Cape Fear Country Club (1 mi)
  • Hanover Center (1.2 mi)
  • Historic Downtown Wilmington (3 mi)
  • Wrightsville Beach (6 mi)

Close proximity to parks, shopping centers, and recreational facilities. Easy access to downtown Wilmington and beaches.

School District

DistrictNew Hanover County Schools
ElementaryForest Hills Elementary (5/10)
MiddleWilliston Middle (6/10)
HighNew Hanover High (3/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1946
Constructionbrick
Stories2
Roofshingle
Heatingnatural gas
Coolingcentral AC
Basementnone
FireplaceYes
Conditionexcellent

Lot & Site

Lot Size0.32 acres (13,939 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4
Frontage70 ft frontage on Essex Dr

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-15
DescriptionSingle-Family Residential
JurisdictionCity of Wilmington

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle-Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$640,000
Land$245,700
Improvements$394,300
Annual Tax (2025)$3,766

Sale History

2025-07-21$860,000

$331/SF

Listed at $860,000, pending sale as of July 21, 2025

2015-02-27$324,000

$125/SF

Sold for $324,000 on February 27, 2015

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