$400,000
3 Bed · 2 Bath · 1,459 Sq Ft
3BR/2BA updated home with screened porch, deck, and large backyard
3
Beds
2
Baths
1,459
Sq Ft
1999
Built
0.10 acres
Lot
None
Garage
A craftsman bungalow with genuine curb appeal and a downtown address, 711 Ann Street marries thoughtful renovations with the kind of outdoor spaces that extend daily living. The covered front porch and original hardwood in the living room immediately register as character-forward details; beyond them, the floorplan opens to updated finishes — luxury vinyl plank floors through the main circulation, a renovated kitchen dressed with granite countertops and stainless-steel appliances, and bathrooms refreshed for contemporary comfort.
Upstairs and down, the home’s three bedrooms and two full baths provide flexible space for families, remote work, or an at-home studio. The primary living areas feel practical and comfortable rather than precious: central air, an electric heat pump, and durable finishes throughout signal low-maintenance living. The seller’s remodel preserved the warm patina of the original living-room hardwood while introducing modern conveniences and flow suited to everyday life.
Outdoor living is a standout here. A screened porch and a rear deck step down to a level, generous backyard where a built-in fire pit anchors evenings of conversation and casual entertaining. Off-street parking for two vehicles removes a common downtown headache, and the 0.1-acre lot provides privacy while remaining manageable. The property’s R-3 zoning also allows accessory dwelling units, offering future flexibility for an owner-occupant or investor.
Location is the final layer that elevates this house: Robert Strange Park and public courts are essentially around the corner, the Riverwalk and downtown dining are a short stroll away, and cultural anchors like Thalian Hall and the Cape Fear Museum are within easy reach. Whether you’re seeking a lively walkable lifestyle or a home with purposeful outdoor spaces, this renovated craftsman presents a rare combination of modern updates, preserved charm, and prime proximity to Wilmington’s best attractions.
Downtown Wilmington blends historic charm with a walkable, amenity-rich lifestyle. Residents enjoy easy access to the Riverwalk, theaters like Thalian Hall, museums, parks, and an expanding roster of restaurants and shops. The area has seen steady revitalization and rising demand for homes that allow both urban convenience and private outdoor space. Tennis and pickleball courts, community fitness options, and public green spaces create a neighborhood that supports active, cultural, and social lifestyles within short walks of this property.
Downtown Wilmington is operating as a seller’s market with limited inventory — roughly 2.5 months of supply and an average days-on-market near 30. Median area sale prices sit around $365,000, and short-term appreciation has been modestly positive (approx. +5% over 12 months and +25% over five years). Comparable closed sales in the immediate area within the last six months range roughly $365K–$448K, supporting an estimated value near the $400,000 midpoint for a renovated 3BR craftsman of this size and lot. Single-family homes in the downtown corridor tend to move quickly and attract multiple offers when priced competitively; inventory constraints favor sellers but also reward buyers who can act decisively.
For investors, rental demand in downtown Wilmington remains resilient — rental comps imply an estimated monthly rent near $2,000, yielding a gross rent return of about 6%. For owner-occupants, the walkable location, nearby parks and cultural amenities, and limited downtown inventory make this a strong candidate for long-term hold and appreciation. Buyers should come prepared with inspection contingencies and financing timelines in this market environment.
Snipes Academy of Arts & Design
Elementary
Williston Middle School
Middle · 0.2 mi
New Hanover High School
High
Excellent access to parks and civic recreation: Robert Strange Park and public courts 0.1 miles away, the Riverwalk 0.5 miles away for riverside walking, and nearby community fitness facilities and cultural venues.
Well-maintained craftsman in revitalizing downtown Wilmington with recent renovations and no HOA. Strong market demand and limited inventory suggest solid investment potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$385K
Midpoint
$400K
High
$415K
$274/SF estimated price per square foot
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 $284K 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.
Downtown Wilmington has experienced revitalization with increasing property values and demand for housing. Walkability Rating estimate: 75/100.
Walking distance to parks, schools, and downtown amenities including dining, shopping, and cultural attractions.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$51/SF
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