509 S 5th Avenue, Wilmington, NC 28401

Sale details

Sold price: $544,900
Sold on: Oct 31, 2025
First listed at: $587,900
Last asking price: $559,900 (−4.8%)
Sold vs. first asking: 92.7%
Sold vs. last asking: 97.3%
Days on market: 257

Own a home near 509 S 5th Avenue? See what it would sell for today — from what actually closed around you.

About this home

This stunning historic home has undergone a top-to-bottom renovation, seamlessly blending modern updates with timeless charm. From the restored exterior to the beautifully reimagined interior, every detail has been thoughtfully designed. The open-concept floor plan features soaring 9-foot ceilings, abundant natural light, and meticulously restored moldings that reflect the home's rich character. Located in the heart of Historic Downtown Wilmington, this property is just steps from the Castle Street Antique & Arts District, where you'll find an array of trendy cafés, restaurants, and unique shops. It's also just five blocks from the Cape Fear River and boat launch area, offering easy access to scenic waterfront strolls and outdoor activities. A rare bonus in the historic district, this home includes off-street parking and a separately deeded lot that backs up to Prices Alley—providing endless possibilities for expansion, a garden retreat, or investment potential.

Facts

Type: Single Family Residence
Year built: 1923
Lot: 0.07 acres
Community: Historic District
County: New Hanover
Stories: 2
Construction: Fiber Cement
Roof: Metal
Foundation: Crawl Space
Water: Public
Property tax: $1,257 / year (2024)
MLS #: 100487987

Features

Inside

High Ceilings
Solid Surface
Ceiling Fan(s)
Pantry
LVT/LVP
Electric Oven
Built-In Microwave
Refrigerator
Dishwasher

Community

None

Parking

On Street
Off Street
On Site
Unpaved

Heating & cooling

Heat Pump
Electric
Central Air

Directions to 509 S 5th Avenue

Market Street to S. 5th Ave. Make U-Turn at Castle. House is on the right.

Schools

Elementary: Snipes
Middle: Williston
High: New Hanover

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

Explore the area

About 509 S 5th Avenue

509 S 5th Avenue is a 3-bedroom, 3-bath home of about 1,762 square feet, built in 1923 in Historic District, Wilmington, New Hanover County, NC 28401.

14 other homes are for sale in Historic District right now (median asking $657,000); 29 homes sold there in the last 12 months at a median of $609,000, typically in about 57 days.

Across ZIP 28401, 170 3-bedroom homes sold in the past year at a median of $377,500.

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.

Historic District neighborhood guide Homes for sale in Wilmington New Hanover County homes

Own a home near 509 S 5th Avenue? See what it's worth — a home value report built from real sales in Historic District.

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Questions about 509 S 5th Avenue

How much is 509 S 5th Avenue?

509 S 5th Avenue sold for $544,900 on October 31, 2025 (last asking price $559,900). It is not for sale now.

How many bedrooms and bathrooms does 509 S 5th Avenue have?

3 bedrooms and 3 bathrooms, with about 1,762 square feet.

What neighborhood is 509 S 5th Avenue in?

Historic District, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Historic District?

29 homes sold in Historic District in the last 12 months, at a median price of $609,000.

When was 509 S 5th Avenue built?

1923.

Who is the listing broker for 509 S 5th Avenue?

Sky's the Limit Realty (MLS #100487987).

509 S 5th Avenue Wilmington, NC 28401 · Historic District