1721 Chestnut St, Wilmington, NC 28405

Property Description

* Pending, accepting back-up offers. * This beautiful home, with a remodeled separate Carriage House apartment with off- street parking, is located on a handsome corner lot in one of Wilmington's most desirable neighborhoods, the historic Mansion District of Carolina Heights. Known for its stately homes and tree lined streets, this area has served as the backdrop for popular TV shows and movies such as Dawson's Creek, One Tree Hill, Under the Dome, and A Walk to Remember. The home itself features beautiful original Heart Pine floors throughout. On the first floor, you'll find a spacious living room which leads to a den/study/office room, a formal dining room, a butler's pantry, a half bath, a laundry room, and a kitchen. A 300-square-foot sunroom provides the perfect spot for breakfast, yoga, or an afternoon nap. It also boasts a gas fireplace for cozy evenings. Upstairs, the master suite is generously sized with a full bath. Additionally, there are two more bedrooms and another full bath. The home also includes a basement and attic space for extra storage. The property offers three off-street parking spaces and a fenced yard with arbors, perfect for outdoor enjoyment. An added bonus is the separate building featuring a remodeled one-bedroom apartment. The apartment includes a kitchen, dining area, living room, full bath, and laundry room on the lower level, with a bedroom upstairs. The apartment can be rented for $1500/month long-term, however has much better cash flow when marketed as a short-term rental. In 2023 it averaged $2,500/ month. There's also more upstairs space in the apartment for an additional full bath and closet, with plumbing already roughed-in, allowing for easy customization. This beautiful home offers a blend of historic charm, modern amenities, and versatile living spaces, making it an ideal property for a variety of uses.