Sale details
- Sold price
- $890,000
- Sold on
- Dec 22, 2025
- First listed at
- $1,100,000
- Last asking price
- $890,000 (−19.1%)
- Sold vs. first asking
- 80.9%
- Sold vs. last asking
- 100%
- Days on market
- 411
Earlier at this address
| Date | Event | Price |
|---|---|---|
| Apr 30, 2021 | Sold | $375,000 (asked $325,000) |
Own a home near 708 Market Street? See what it would sell for today — from what actually closed around you.
What's my home worth? →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.
Facts
- Type
- Single Family Residence
- Year built
- 1948
- Lot
- 0.42 acres
- Community
- Historic District
- County
- New Hanover
- Stories
- 3
- Construction
- Wood Siding, Wood Frame
- Roof
- Metal
- Foundation
- Block, Crawl Space
- Water
- Public
- Property tax
- $4,490 / year (2024)
- MLS #
- 100472145
Features
Inside
- High Ceilings
- Basement
- Tile
- Wood
Outside
- None
Community
- None
Parking
- Additional Parking
- Off Street
Heating & cooling
- Natural Gas
- None
- Central Air
Directions to 708 Market Street
From downtown take Market Street East. The property is in the 700 block of Market Street.
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.
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About 708 Market Street
708 Market Street is a 6-bedroom, 5-bath home of about 5,467 square feet, built in 1948, on 0.42 acres in Historic District, Wilmington, New Hanover County, NC 28401.
16 other homes are for sale in Historic District right now (median asking $687,000); 25 homes sold there in the last 12 months at a median of $595,378, typically in about 57 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.
Historic District neighborhood guideHomes for sale in WilmingtonNew Hanover County homes
Own a home near 708 Market Street? See what it's worth — a home value report built from real sales in Historic District.
What's my home worth? →Questions about 708 Market Street
How much is 708 Market Street?
708 Market Street sold for $890,000 on December 22, 2025 (last asking price $890,000). It is not for sale now.
How many bedrooms and bathrooms does 708 Market Street have?
6 bedrooms and 5 bathrooms, with about 5,467 square feet.
What neighborhood is 708 Market Street in?
Historic District, in Wilmington, New Hanover County, North Carolina.
What have homes sold for in Historic District?
25 homes sold in Historic District in the last 12 months, at a median price of $595,378.
When was 708 Market Street built?
1948.
Who is the listing broker for 708 Market Street?
Intracoastal Realty Corporation (MLS #100472145).