708 Market Street, Wilmington, NC 28401
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyle Property Partners
708 Market Street,Wilmington, NC 28401
$990,000
- 6 Beds
- 5 Baths
- 5,467 sq. ft.
- Single family
- Active
Listed by:jeffrey g hovis
Office:intracoastal realty corp
MLS#:100472145
Source:NC_CCAR
Price summary
- Price:$990,000
- Price per sq. ft.:$181.09
About this home
An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district.
There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too.
The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity.
The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more!
A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and much more.
Contact an agent
Home facts
- Year built:1948
- Listing ID #:100472145
- Added:55 day(s) ago
- Updated:October 20, 2025 at 10:19 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Living area:5,467 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Roof:Metal
- Year built:1948
- Building area:5,467 sq. ft.
- Lot area:0.42 Acres
Schools
- High school:New Hanover
- Middle school:Williston
- Elementary school:Snipes
Finances and disclosures
- Price:$990,000
- Price per sq. ft.:$181.09
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