Now Priced $70K BELOW TAX VALUE!! Adorable circa 1912 cottage

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Home For Sale

1120 S 3rd Street

Wilmington, North Carolina 28401

New Hanover County

Community: Not In Subdivision

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$364,000 2 br, 1.0 bath 1229 sq. ft. 0.070 acres

Now Priced $70K BELOW TAX VALUE!! Adorable circa 1912 cottage tucked under the protective canopy of a 100 year old live oak tree, yet perched high enough to feel like a tree house! This house was gutted to the studs and completely restored in 2006 by Wilmington's own, Steve Bakunas and his partner, the talented late actor, Linda Lavin. Zoning is the attractive UMX, Urban Mixed Use, which would allow for many potential live/work options (see documents). House has recent HVAC (2023) and hot water heater (2024) stove is gas, fully fenced back yard, and a strong rental history. Located near the vibrant South Front- Greenfield Lake attractions. Off street parking with alley access complete this downtown unicorn. Oh, and it's being sold partially furnished . Broker is owner. Seller will consider owner financing with acceptable terms. Selling in property's current condition.

Interior:
  • Bedrooms: 2
  • Baths: 1.0
  • Sq Ft: 1229
  • Year Built: 1912
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Electric (Heating), Natural Gas, Heat Pump (Heating), Forced Air
  • Garage: Off Street
Exterior:
  • Lot Size: 0.070 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Fiber Cement
  • Roof: Shingle
  • Property Taxes: $1,247
  • MLS #: 100509231
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Contact Information:
Beach Home For Sale in Wilmington, North Carolina
Listing Agent: Grace Hodgkins, Sold Buy the Sea Realty, 910-352-6256, 910-367-2965 Listing Site, Listing Status: Active
Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6847730
Viewed 23 times.
Updated: Nov 24, 2025

This property is a Home located at 1120 S 3rd Street, Wilmington, North Carolina 28401, and is currently For Sale at $364,000. This Home has 2 bedrooms, 1.0 baths, 1229 sq ft.