Property listing for 118 Jamaica Dr, Wilmington, NC 28401
For SaleSingle Family Home

$380,000

118 Jamaica Dr, Wilmington, NC 28401

Renovated 3BR/2BA Brick Ranch on a Spacious .45-Acre Lot

3 Bed · 2 Bath · 1,480 Sq Ft

Updated interiors, screened porch, prime Sedgefield location — no HOA

3

Beds

2

Baths

1,480

Sq Ft

1970

Built

0.45 acres

Lot

About 118 Jamaica Dr

This classic brick ranch at 118 Jamaica Drive stands out for its combination of solid mid-century construction and thoughtful, recent updates. The single-story floor plan spans approximately 1,480 square feet and opens immediately to warm hardwood floors that run through the main living areas. The kitchen has been refreshed with new cabinetry and stainless steel appliances that bring contemporary function to a timeless layout, while renovated bathrooms reflect clean lines and modern fixtures.

Living space extends naturally outdoors via a screened-in porch that adds a usable, insect-free room for reading, casual meals, or an evening with friends. The home sits on a generous 0.45-acre, level lot—one of the largest parcels in the immediate Sedgefield block—offering room for gardening, play areas, or future additions without HOA restrictions. A long driveway provides ample off-street parking for family and guests.

Practical systems include central air conditioning and forced-air heating, and the roof is architectural shingle construction. The brick veneer exterior minimizes near-term exterior maintenance and gives the house a grounded presence on Jamaica Drive. Interior updates paired with the large yard create flexibility—move in as-is and enjoy, or expand and tailor the property to suit evolving needs.

Location is a major asset: Wilmington International Airport is just about 2 miles away, downtown Wilmington’s dining and waterfront attractions are roughly 5 miles, and Wrightsville Beach is approximately 10 miles—perfect for weekend escapes. Sedgefield’s mix of mature yards and nearby shopping along Castle Hayne Road makes daily life convenient. Note: the property was acquired in 2022 and has appreciated with local market momentum; buyers should verify major systems and permits as part of standard due diligence.

Whether you’re seeking a comfortable primary residence, a long-term rental with strong demand (estimated rent roughly $2,200/month), or a home with expansion potential on a large lot, 118 Jamaica Drive offers a rare blend of location, recent renovations, and outdoor opportunity in one of Wilmington’s established neighborhoods.

Home Highlights

Move-in readyRecently renovated kitchenRenovated bathroomsHardwood flooring throughout primary areasScreened-in porchLarge 0.45-acre lotNo HOAConvenient to airport, downtown, and beaches

Property Features

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Hardwood floors through main living areas
  • Updated kitchen with new cabinetry
  • Stainless steel kitchen appliances
  • Renovated bathrooms
  • Single-story ranch layout
  • Central air conditioning and forced-air heating
  • Approx. 1,480 SF living area

Exterior & Lot

  • Brick veneer construction
  • Level 0.45-acre lot (approx. 19,602 SF)
  • Screened-in porch for additional living space
  • Driveway parking for multiple vehicles
  • Architectural shingle roof
  • No HOA — flexibility for improvements

Location & Neighborhood

  • Sedgefield neighborhood — established residential area
  • Wilmington International Airport ~2 miles
  • Historic Downtown Wilmington ~5 miles
  • Wrightsville Beach ~10 miles
  • Shopping and dining corridors along Castle Hayne Rd
  • Zoned AR (single-family residential)

Walkability & Recreation

  • Walkability Rating: 45/100 — Car-Dependent
  • Wrightsville Beach (approx. 10 miles) for beach access
  • Historic downtown waterfront and dining ~5 miles
  • University of North Carolina Wilmington ~7 miles
  • Easy access to regional road network and Wilmington International Airport (2 miles)

Neighborhood & Location

Sedgefield is an established Wilmington neighborhood characterized by mature yards, brick ranches, and easy access to regional destinations. Residents benefit from close proximity to Wilmington International Airport, quick drives to Historic Downtown’s restaurants and riverwalk, and convenient routes to Wrightsville Beach. Castle Hayne Road provides nearby shopping and dining options, while the neighborhood’s mix of single-family homes and greenery creates a comfortable, lived-in feel. The local school district is New Hanover County Schools, and the area attracts buyers who prioritize lot size and single-level living within reach of city amenities.

Market Insights

Sedgefield and the surrounding corridor remain in a seller’s market, driven by limited inventory and steady buyer demand. Current metrics show roughly 2.5 months of inventory and an average days-on-market near 30 days — conditions that typically favor sellers but also reward well-priced, move-in-ready homes. Median sale prices in the area sit around $350,000 with one-year appreciation near 5% and five-year appreciation nearing 25%. Recent comparable sales within a half-mile range from this property closed between $337k and $392k in 2024, reflecting strong interest in renovated brick ranches.

Single-family ranches like this one perform very well: turnkey interiors and large yards are sought after by buyers who want single-level living plus outdoor space. Investors also take note—rental comps indicate monthly rents in the low $2,000s, supporting a competitive gross yield. For prospective buyers, this is an opportune time to act if you value proximity to Wilmington International Airport, downtown, and beaches—properties that combine updates with sizable lots are moving quickly. Buyers should complete standard inspections and review permit history, especially given the home’s 1970 construction date.

Nearby Schools

Wrightsboro Elementary

Elementary

5/10

Holly Shelter Middle

Middle

7/10

New Hanover High

High

3/10

Walkability & Recreation

45
Walkability
70
Recreation

Very good access to outdoor recreation: Wrightsville Beach is about 10 miles away, Historic Downtown waterfront is roughly 5 miles, and the property is close to regional travel routes for easy access to nearby parks, coastal activities, and UNC Wilmington.

Investment Highlights

  • Recently updated kitchen and bathrooms reduce near-term capex
  • Large 0.45-acre lot offers potential for future improvements
  • No HOA provides flexibility for property use
  • Convenient location near airport, downtown, and beaches
  • Steady appreciation with 11% increase over 4 years

Key Findings

  • County assessor shows 2022 purchase at $342,000 ($231/SF) — current estimate $380,000 ($257/SF)
  • Assessed value $195,900 — annual taxes $1,101
  • Zoned AR — single-family residential use
  • 3 comparable sales within 0.5 miles in last 12 months range $350K–$400K
  • Average days on market in area: 30 days (seller's market)

Things to Consider

  • Built in 1970 — major systems should be inspected for age and condition
  • High school rating of 3/10 may impact family buyer interest
  • Proximity to airport may result in noise considerations

Opportunity Analysis

Well-maintained brick ranch in a convenient Wilmington location with recent renovations and no HOA. Large lot size and steady appreciation suggest strong resale potential.

Potential Use Scenarios

  • Potential primary residence with room for future improvements
  • Large lot offers potential for additions or outdoor amenities
  • Strong rental demand in area suggests investment potential

Risk Factors

  • 1970 construction — potential for aging systems
  • Proximity to airport may affect desirability
  • High school rating may deter some family buyers

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

AI Valuation Estimate

Low

$360K

Midpoint

$380K

High

$400K

$257/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $195,900 appears below market.

As of 2026-03-06

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$350,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)8,000
Median Income (1 mi)$55,000

Steady population growth with increasing property values. Walkability Rating estimate: 45/100.

Nearby Points of Interest

  • Wilmington International Airport (2 mi)
  • Historic Downtown Wilmington (5 mi)
  • Wrightsville Beach (10 mi)
  • University of North Carolina Wilmington (7 mi)

Conveniently located near Wilmington International Airport, downtown Wilmington, and area beaches. Close to shopping and dining options along Castle Hayne Rd.

School District

DistrictNew Hanover County Schools
ElementaryWrightsboro Elementary (5/10)
MiddleHolly Shelter Middle (7/10)
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 Built1970
Constructionbrick veneer
Stories1
Roofarchitectural shingle
Heatingforced air
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.45 acres (19,602 SF)
Topographylevel
Parkingdriveway
Parking Spaces4
FrontageFrontage on Jamaica Dr

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeAR
DescriptionAirport Residential
JurisdictionNew Hanover County

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$195,900
Land$195,900
Improvements$0
Annual Tax (2022)$1,101

Sale History

2022-07-14$342,000

$231/SF

Arm's length transaction

2019-10-01$140,000

$95/SF

Arm's length transaction

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