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.
Renovated 3BR/2BA Brick Ranch on a Spacious .45-Acre Lot
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.
See the properties helping shape the valuation.
Comparable sales
- 41 SF smaller
- 0.5 fewer bathrooms
- Similar lot size
- 6 years older
- 279 SF larger
- Similar lot size
- 9 years older
- 80 SF smaller
- Similar lot size
- 5 years older
A 1970 ranch on 0.45 acres.
Building
Site & utilities
Sedgefield
Researched nearby locations
Location
118 Jamaica Dr, Wilmington, NC 28401
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.
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.
A factual market snapshot around 118 Jamaica Dr.
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.
Airport Residential
Zoning
Research-indicated uses
- Single Family Residential
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 10 SF smaller
What the research supports — and what is still worth verifying.
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)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning restrictions and allowable uses
- Professional home inspection
- Roof condition assessment
What stands out about this property.
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)
Sources & research confidence.
See where the property research came from and how confidence varies by field.