Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's highly sought-after Glen Meade/South Oleander neighborhood. The detached guest house has a proven short-term rental history, generating $4,280.61 in May, $5,955.66 in June, and a projected $7,258.82… Read More in July, making it ideal for supplemental income, multi-generational living, or private guest accommodations. The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Completed in 2024, the guest house--known as The Magnolia--includes its own private entrance, driveway, fire pit, and outdoor shower. The extensively renovated main home showcases a spacious primary suite addition, custom mahogany details, polished concrete floors, updated bathrooms, and a designer kitchen with custom cabinetry and premium finishes. Major upgrades include two new HVAC systems, spray foam insulation, new landscaping, a wraparound driveway, and a privacy fence. Ideally located just minutes from Historic Downtown Wilmington, Wrightsville Beach, and Cape Fear Country Club, this exceptional property combines location, luxury, and investment potential in one of Midtown Wilmington's most desirable neighborhoods. Seller is the listing agent and a licensed North Carolina Real Estate Broker. Read Less
Courtesy of John F Hally, Cadence Realty Corporation
Listing Snapshot
Days Online
53
Last Updated
Property Type
Single Family Residence
Beds
7
Full Baths
5
Partial Baths
2
Square Ft.
3,754
Lot Size
0.49 Acres
Year Built
1967
MLS Number
100580579
Additional Details
Property Access
Road frontage type: City Street, State Road, Paved, Road surface type: Paved
Appliances & Equipment
Gas Oven, Washer, Refrigerator, Dryer, Dishwasher
Basement
None
Building
Built in 1967, Construction materials: Block, Brick, Wood Frame, Levels: Two, Living area units: Square Feet, 2 total stories, Structure type: Wood Frame, Stick Built, Other structures: Guest House, Storage, Workshop, Toal building area: 2581
Cooling
Central Air, Zoned, Multi Units
Doors
Thermal Doors
Exterior Features
Irrigation System, Thermal Doors
Fence
Back Yard, Wood
Floors
Brick, Concrete, Tile, Wood
Heating
Electric, Heat Pump
Home Owner's Association
Association amenities: None
Interior Features
Furnished: Negotiable, Ceiling Fan(s), Walk-in Shower, Blinds/Shades, Built-in Features
Lot
0.49 acres, 21,344 sqft, Landscaped, Sprinklers in Front
Parking
Circular Driveway, Off Street
Pool
None
Property
Frontage type: See Remarks, Patio and porch features: Patio, Front Porch, Zoning: R-15, See Remarks
Roof
Architectural Shingle
Security Features
Smoke Detector(s)
Taxes
Year: 2025
Utilities
Natural Gas Connected, Sewer Connected, Water Connected
Windows
Thermal Windows
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Cadence Realty Corporation shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
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