$655,000 4 BD 4 BA 2,711 SF

Property Description

Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence. The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest. The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit. Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.

TakeUS-17 BUS S/Market St Turn left onto Lullwater D Turn left onto Collegiate Dr

Property Features

  •  2025
  •  0.14
  •  5663
  •  Cash|Conventional
  •  2711
  •  Lot Adj Winterwood
  •  R-10
  •  Security Lights
  •  Sewer Connected|Water Connected
  •  Public
  • Exterior Features

  •  Slab
  •  Back Yard|Wood
  •  Three Or More
  •  Concrete|Off Street
  •  City Street|State Road
  •  Shingle
  •  Single Family Residence
  •  Residential
  • Interior Features

  •  Built-In Microwave|Dishwasher|Electric Range
  •  Carpet|Tile|Wood
  •  Central Air|Wall/Window Unit(s)
  •  Electric|Heat Pump
  •  Thermal Windows
  • School Information

    • College Park
    • New Hanover
    • Williston
    Courtesy of Re/max Essential

    Schedule to See Homes

    Click image to generate new verification code.


    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    4806 Collegiate Drive
    Wilmington, 28403

    $655,000
    4 Beds / 3 Bath
    2711 Sq. Feet
    From Name *:
    :

    To Name *:
    :
    :
    Click image to generate new verification code.

    4806 Collegiate Drive
    Wilmington, 28403

    $655,000
    4 Beds / 3 Bath
    2711 Sq. Feet
    Click image to generate new verification code.