USANCWilmingtonWoodlawn1988 W Lake Shore Dr
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$950,000

For Sale

6 days ago

1988 W Lake Shore Dr, Wilmington, NC

House

MLS® 100572479

3 Bed

3 Bath

2374 sqft

0

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2374 sqft
Garage 
Taxes 
Days Active 6
Lot Size 
Approx. Age 1935
Avg. Price Per Sqft $400
MLS® Number 100572479

Property Address: 1988 W Lake Shore Dr, Wilmington, NC, 28401-6856

Average square foot calculated using Size range provided by listing agent.

Description

1988 West Lake Shore Drive is a multi-home property that offers one of the most unique opportunities in Wilmington. Positioned directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater, this remarkable property blends historic character, established income potential, and a private compound-style setting rarely found close to downtown. The property features three separate living spaces, each thoughtfully positioned to provide privacy and flexibility. The 'Main House, ' a beautifully preserved 1935-era residence, serves as the primary home and offers 3 bedrooms and 3 full bathrooms with hardwood floors, fiber cement siding, generator setup, and timeless architectural charm. The outdoor living experience is equally impressive with a beautifully landscaped backyard, outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and a private retreat-like setting. The 'Lake House, ' originally built around 1945, features 2 bedrooms and 2 full bathrooms. Thoughtfully renovated with modern conveniences while maintaining its character and warmth, it has become a highly successful Airbnb Guest Favorite with an exceptional 4.96-star rating across 332 reviews. The property also includes an additional detached cottage-style structure currently utilized by the owners as the 'Lake Cottage, ' offering additional flexibility for guests or extended stays. This space has also earned Airbnb Guest Favorite status with a 4.93-star rating across 123 reviews. The Lake House and Lake Cottage generated over $51, 000 in gross income during 2025, presenting an exceptional opportunity for investors, multigenerational living, or buyers seeking a personal residence with supplemental income potential. Whether envisioned as a private family compound, income-producing retreat, or combination of both, 1988 West Lake Shore Drive represents a truly rare Wilmington offering. The above-ground pool and 'Lake Cottage' were not permitted.
MLS® Number100572479
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
BasementNone
DrivewayCircular Driveway, Gravel, Concrete, See Remarks, Assigned, On Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Kitchen:First Floor111 × 153 ft
Laundry:First Floor71 × 910 ft
Bedroom 3:Second Floor142 × 123 ft
Bedroom 2:First Floor140 × 149 ft
Living Room:First Floor139 × 185 ft
Master Bedroom:First Floor148 × 154 ft
Family Room:Second Floor174 × 123 ft
Dining Room:First Floor116 × 212 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$950,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$950,000List Price

Home Appraisal

This property is estimated to sell between: $375,000 and $1,238,000.
Similar properties in this area sold on average for: $375,875
Expected to sell in 47 days. Similar properties sold in 53 days. This home has been on eXp Realty for 6 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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1988 W Lake Shore Dr, Wilmington, NC

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