621 Decatur Drive

Wilmington, NC 28403

$849,900

$310 per Sq.Ft.

Pending
3 beds
2.5 baths
2744 Sq. Ft.
Residential
Built in 1959
MLS #100574007

3 beds

2.5 baths

2744 Sq. Ft.

Residential

Built in 1959

MLS #100574007

Welcome to ILM Retreat -- a rare luxury investment opportunity in the heart of Wilmington offering exceptional income potential and resort-style living. This fully furnished private retreat features a beautifully updated 3 bedroom, 2 bathroom main residence paired with a detached 2 bedroom, 1 bathroom ADU that lives like its own private home, creating the ideal setup for short-term rental income, multi-generational living, or an owner-occupied investment property. Currently operating as a successful short-term rental with impressive annual income, this property is truly turnkey inside and out. Designed for both relaxation and entertaining, the backyard feels like a private resort complete with a heated saltwater pool, hot tub, covered outdoor living area, fire pits, and a fully fenced yard offering total privacy. Guests and owners alike will appreciate the private gym with equipment, dedicated workspace with standing desk, high-speed WiFi, smart TVs, and multiple indoor and outdoor gathering spaces. The property also includes two full kitchens, laundry in both the main home and apartment, private driveway parking, and convenient self check-in with keyless entry. Inside, extensive renovations and updates shine throughout, including newer HVAC systems, newer roof, modern finishes, and thoughtfully designed living spaces that blend comfort with style. The flexible floorplan offers five total bedrooms with a spacious king suite in the main home, additional queen bedrooms, and private accommodations in the detached apartment. Centrally located in midtown Wilmington, this property provides easy access to beaches, shopping, dining, downtown Wilmington, and University of North Carolina Wilmington. Whether you're searching for a luxury primary residence, vacation home, or high-performing investment property, ILM Retreat delivers an unmatched combination of location, lifestyle, and revenue potential.

Interior Features

Total bedrooms

3 bedrooms

Full bathrooms

2 full bathrooms

Half bathrooms

1 half bathrooms

Kitchen appliances

Gas oven, gas cooktop, built-in microwave, see remarks, washer, refrigerator, dryer, disposal, dishwasher

Interior features

Master downstairs, entrance foyer, mud room, 2nd kitchen, apt/suite, ceiling fan(s), furnished, pantry, walk-in shower

Flooring

Cooling

Central air, attic fan

Heating

Electric, heat pump

Exterior Features

Lot size

0.47 acres

Water front

Fencing

Back yard, wood

Exterior features

Brick veneer

Roof

Shingle

HOA Information

HOA

HOA amenities

No amenities

Utilities

Water available

Schools

Elementary school

Forest Hills

Middle school

Williston

High school

New Hanover

Other Information

Tax assessed value

$662,300.00

Tax amount

$3,897.64

Tax year

2025

Zoning

R-15

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Reach us at (910) 765-8770.

Listing provided courtesy of: Keller Williams Innovate-Wilmington. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

Market trends

There were 477 new listings in Wilmington last month. The average time on market was 51 days and the average price of new new listings was $683,504. Over the last three months, the average sale price to list price ratio was 96.23%.

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Homes for sale

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621 Decatur Drive