Active · Wilmington
1988 W Lake Shore Drive
Wilmington, NC 28401
$949,900
$400 per sq ft- Bedrooms
- 3
- Bathrooms
- 3
- Square feet
- 2,374
- Year built
- 1935
Listing provided courtesy of Coldwell Banker Sea Coast Advantage-Hampstead MLS# 100572479
A closer look
About this property
Rare Wilmington Property Across from Greenfield Lake | Classic Character, Multiple Living Spaces & Income Potential
A rare Wilmington opportunity directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater. 1988 West Lake Shore Drive combines a beautifully appointed main residence, separate Lake House, additional cottage-style space, established short-term rental history, and beautifully landscaped grounds--all near downtown Wilmington.
The main residence offers 3 bedrooms and 3 full bathrooms with hardwood floors, fiber cement siding, generator setup, and classic architectural character. The thoughtfully landscaped grounds feature an outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and an above-ground pool.
The separate Lake House offers 2 bedrooms and 2 full bathrooms and has been thoughtfully renovated while maintaining its original character. It has earned Airbnb Guest Favorite status with a 4.96-star rating across 332 reviews. An additional detached cottage-style structure, currently used as the Lake Cottage, provides another flexible space and has earned Airbnb Guest Favorite status with a 4.93-star rating across 123 reviews.
The Lake House and Lake Cottage generated more than $51,000 in gross income during 2025, giving buyers an established rental history to evaluate. The three separate spaces offer flexibility for personal use, supplemental rental income, short-term rental use, extended stays, or other permitted uses.
With Greenfield Lake directly across the street, the amphitheater approximately 220 yards away, and downtown Wilmington nearby, 1988 West Lake Shore Drive offers a distinctive combination of location, classic architectural character, outdoor living, multiple living spaces, and established income potential.
Important: The above-ground pool and Lake Cottage were not permitted.
Interior features
- SqFt
- 2,374
- Bedrooms
- 3
- Full bathrooms
- 3
- Half bathrooms
- 0
- Interior
- Master Downstairs, Walk-in Closet(s), Solid Surface, Ceiling Fan(s), Walk-in Shower, Wet Bar, Blinds/Shades, Built-in Features, Walk-In Closet(s), See Remarks
- Appliances
- Vented Exhaust Fan, Electric Oven, Electric Cooktop, Built-In Electric Oven, Washer, Refrigerator, Dryer, Double Oven, Dishwasher, Electric Range, Sump Pump
- Flooring
- LVT/LVP, Tile, Hardwood
- Heating
- Other, Fireplace(s), Electric, Forced Air
- Cooling
- Multi Units
- Fireplaces
- 1
- Levels
- Two
- Laundry features
- Laundry Room
Exterior & grounds
- Lot size (acres)
- 0.93
- Lot features
- See Remarks, Irregular Lot, Landscaped
- Lot dimensions
- Irregular
- Foundation
- Concrete Perimeter, Crawl Space
- Views
- Lake
- Exterior
- Outdoor Shower, Irrigation System, Outdoor Kitchen, Garden, Thermal Doors, See Remarks
- Construction
- Fiber Cement, Wood Frame
- Roof
- Shingle
- Parking
- Circular Driveway, Gravel, Concrete, See Remarks, Assigned, On Site
- Patio & porch
- Open, Covered, Deck, Patio, Porch, Front Porch, Rear Porch, Side Porch
- Fencing
- Vinyl
- Waterfront
- No
- Waterfront features
- None
- Pool / spa details
- Above Ground
Community & association
- Community
- Woodlawn
- Homeowners association
- No
Utilities
- Utilities
- Sewer Connected, Water Connected
- Water source
- Public
Schools
- Elementary school
- Sunset
- Middle school
- Williston
- High school
- New Hanover
School assignments should be independently verified with the school district.
Property information
- Property type
- Residential
- Property subtype
- Single Family Residence
- Year built
- 1935
- New construction
- No
- MLS#
- 100572479
- County
- New Hanover
- Zoning
- R-5