4911 Oleander Drive, Wilmington, NC 28403

Sale details

Sold price: $525,000
Sold on: Jul 30, 2026
First listed at: $699,000
Sold vs. first asking: 75.1%
Days on market: 35

Own a home near 4911 Oleander Drive? See what it would sell for today — from what actually closed around you.

About this home

Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!

Facts

Type: Single Family Residence
Year built: 1955
Lot: 0.45 acres
Community: Piney Woods
County: New Hanover
Stories: 2
Construction: Wood Siding, Wood Frame
Roof: Shingle
Foundation: Crawl Space
Property tax: $3,571 / year (2025)
MLS #: 100574328

Features

Inside

Bookcases
Apt/Suite
Built-in Features

Outside

None

Parking

Circular Driveway
Off Street

Heating & cooling

Electric
Forced Air
Wall/Window Unit(s)

Directions to 4911 Oleander Drive

From Eastwood and Oleander, take Oleander Drive towards College Road. Property is on right a few houses before Pine Grove Drive.

Schools

Elementary: Winter Park
Middle: Roland Grise
High: Hoggard

As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.

Explore the area

About 4911 Oleander Drive

4911 Oleander Drive is a 3-bedroom, 4-bath home of about 2,614 square feet, built in 1955, on 0.45 acres in Piney Woods, Wilmington, New Hanover County, NC 28403.

1 other home is for sale in Piney Woods right now (median asking $420,000); 7 homes sold there in the last 12 months at a median of $430,000, typically in about 44 days.

Across ZIP 28403, 207 3-bedroom homes sold in the past year at a median of $440,000.

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.

Piney Woods neighborhood guide Homes for sale in Wilmington New Hanover County homes

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Questions about 4911 Oleander Drive

How much is 4911 Oleander Drive?

4911 Oleander Drive sold for $525,000 on July 30, 2026 (last asking price $699,000). It is not for sale now.

How many bedrooms and bathrooms does 4911 Oleander Drive have?

3 bedrooms and 4 bathrooms, with about 2,614 square feet.

What neighborhood is 4911 Oleander Drive in?

Piney Woods, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Piney Woods?

7 homes sold in Piney Woods in the last 12 months, at a median price of $430,000.

When was 4911 Oleander Drive built?

1955.

Who is the listing broker for 4911 Oleander Drive?

Intracoastal Realty Corporation (MLS #100574328).

4911 Oleander Drive Wilmington, NC 28403 · Piney Woods