# 4911 Oleander Drive, Wilmington, NC 28403

> **TL;DR:** 3bd/4ba single family, $699,000 ($267/sqft), built 1955, 2,614 sqft.
> A/C. Est. $3,029/mo. Listed 17 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,000 |
| Price/sqft | $267 |
| Bedrooms | 3 |
| Bathrooms | 3 full, 1 half |
| Square Feet | 2,614 |
| Year Built | 1955 |
| Lot Size | 19,602 sqft (0.45 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 17 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,029 |
| **Total** | **$3,029** |

## Nearby Schools

- **Elementary:** Winter Park
- **Middle:** Roland Grise
- **High:** Hoggard

## Key Amenities

- A/C

## Property Highlights

- Built in 1955
- 0.45 acre lot
- 2 stories

## Description

### Agent Description
Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!

## Location

- **Address:** 4911 Oleander Drive, Wilmington, NC 28403
- **County:** New Hanover
- **Neighborhood:** Piney Woods
- **Coordinates:** 34.210048, -77.879674
- **Google Maps:** https://www.google.com/maps?q=34.210048,-77.879674

## Listing Agent

- **Name:** Marcello Caliva and Associates
- **Brokerage:** Intracoastal Realty Corporation
- **Phone:** 9105383063
- **Email:** marcello@intracoastalrealty.com

## Primary Photo

![4911 Oleander Drive - Primary Photo](http://lh.rdcpix.com/e48b1ed14c17ecd3537055c09276f428l-f4050417571r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/4911-oleander-drive-wilmington-nc-28403-00574328)*

---

**MLS#:** 100574328 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4911-oleander-drive-wilmington-nc-28403-00574328)

---

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