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About this home
Looking for space, convenience, and a location that keeps you close to the coast? This 3-bedroom home checks all the boxes! Enjoy an oversized living area with plenty of room to relax, entertain, and gather with family and friends, along with a generously sized dining area perfect for hosting dinners and celebrations. The large lot offers room to enjoy the outdoors, garden, or create your own backyard retreat, all with the added benefit of NO HOA! Even better, you're less than 10 minutes from Carolina Beach, making beach days and coastal living an easy part of your routine. Shopping, medical services, and everyday essentials are conveniently close by, while a nearby neighborhood playground and additional community parks offer great options for outdoor fun and recreation. Whether you're looking for your primary residence, a coastal getaway, or an investment opportunity, this home offers space, flexibility, and a convenient location near everything you need. Enjoy the freedom of no HOA and the best of coastal living just minutes away!
Facts
- Type
- Single Family Residence
- Year built
- 1977
- Lot
- 0.22 acres
- Community
- Monterey Heights
- County
- New Hanover
- Price per sq ft
- $234
- Stories
- 1
- Construction
- Brick Veneer, Wood Frame
- Roof
- Shingle
- Foundation
- Slab
- Property tax
- $1,079 / year (2025)
- Listed
- Oct 27, 2026
- MLS #
- 100612770
Features
Inside
- Kitchen Island
- Ceiling Fan(s)
Outside
- None
Parking
- Off Street
Heating & cooling
- Electric
- Heat Pump
- Central Air
Directions to 438 Cathay Road
South College Rd towards Carolina Beach, turn right on Cathay.
Schools
- Elementary
- Bellamy
- Middle
- Murray
- High
- Ashley
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
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Recent sales like this in Monterey Heights
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 329 Cathay Road, Wilmington | Aug 21, 2026 | 3 / 2 | 1,399 | $320,000 | $229 |
| 225 Angel Island Road, Wilmington | Aug 7, 2026 | 3 / 2 | 1,162 | $297,000 | $256 |
| 438 Sausalito Drive, Wilmington | Jul 14, 2026 | 3 / 2 | 1,102 | $305,000 | $277 |
| 514 Cathay Road, Wilmington | May 26, 2026 | 3 / 2 | 1,408 | $270,500 | $192 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Own a home in Monterey Heights?
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Buying in Wilmington? Local guides
- Real Stories: Why People Moved to Wilmington, NCReal neighbors who moved to Wilmington, Ogden, Carolina Beach and Hampstead share why they chose the NC coast, what surprised them, and their advice.
- Buying a Home in Wilmington, NC: Buddy's Top TipsBuddy Blake's top tips for buying around Wilmington, NC: pre-approval, NC due diligence fee vs. earnest money, inspections, flood and insurance checks.
- Selling Your Home in Wilmington, NC: Buddy's Top TipsBuddy Blake's top tips for selling around Wilmington, NC: pre-market inspection, repairs that matter, pricing right, due diligence and three ways to sell.
Our take on 438 Cathay Road
Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.
This single-story brick ranch, built in 1977, sits on a 0.22-acre lot in the Monterey Heights area of Wilmington. A covered front porch leads to the entry, and the living room runs nearly the full length of the main section, about 27 by 15 feet. The kitchen has an island and opens into a dining area, with a laundry room and a separate utility room off to the side.
Three bedrooms and two bathrooms are arranged off the rear of the layout. The primary bedroom has its own bath, and the other two bedrooms share a second bath. A paved patio extends from the back of the property, and wood fencing encloses parts of the yard. Parking includes an attached garage and a concrete driveway, and a large mature oak shades the front lawn. Heating and cooling come from a heat pump with central air, and ceiling fans are installed throughout.
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About 438 Cathay Road
438 Cathay Road is a 3-bedroom, 2-bath home of about 1,386 square feet, built in 1977, on 0.22 acres in Monterey Heights, Wilmington, New Hanover County, NC 28412.
At $324,900, it's 19% below the median asking price ($400,000) of the 475 other 3-bedroom listings for sale in Wilmington today.
That's about $234 per square foot, compared with a Wilmington median asking price of $263 per square foot.
2 other homes are for sale in Monterey Heights right now (median asking $309,500); 11 homes sold there in the last 12 months at a median of $290,000, typically in about 57 days.
Across ZIP 28412, 497 3-bedroom homes sold in the past year at a median of $419,900.
It has been on the market for 2 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Monterey Heights neighborhood guideHomes for sale in WilmingtonNew Hanover County homes
Buying 438 Cathay Road
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Own a home near 438 Cathay Road? See what it's worth — a home value report built from real sales in Monterey Heights.
What's my home worth? →Questions about 438 Cathay Road
How much is 438 Cathay Road?
438 Cathay Road is listed at $324,900 (about $234 per square foot) as of October 29, 2026. Status: for sale.
How many bedrooms and bathrooms does 438 Cathay Road have?
3 bedrooms and 2 bathrooms, with about 1,386 square feet.
What neighborhood is 438 Cathay Road in?
Monterey Heights, in Wilmington, New Hanover County, North Carolina.
How long has 438 Cathay Road been on the market?
2 days. Homes in Monterey Heights sold after a median of 57 days over the past year.
What have homes sold for in Monterey Heights?
11 homes sold in Monterey Heights in the last 12 months, at a median price of $290,000.
When was 438 Cathay Road built?
1977.
Who is the listing broker for 438 Cathay Road?
Berkshire Hathaway HomeServices Carolina Premier Properties (MLS #100612770). The Buddy Blake Team can show it to you and answer questions.
Can I tour 438 Cathay Road?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.