514 Cathay RD, Wilmington, NC 28412
514 Cathay RD, Wilmington, NC 28412
514 Cathay RD, Wilmington, NC 28412
42
$270,500
$265,000
2.1%
Est.Price: ?

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3 BD
2 BA
1,408 SqFt

514 Cathay RD Wilmington, NC 28412

Est. payment /mo
SOLD DATE : 05/26/2026

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Key Details

Sold Price $270,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $192

Subdivision Monterey Heights

MLS Listing ID 100569025

Sold Date 05/26/26

Style Wood Frame,Stick Built

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1977

Lot Size 0.304 Acres

Acres 0.3

Lot Dimensions Irregular

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

Attention investors and handy people! Solid brick ranch outside city limits with no HOA, ready for your vision. This property needs primarily cosmetic updates, making it a great candidate for a quick flip or a value-add project with strong sweat equity potential.

This charming 3-bedroom, 1.5-bath home sits on a spacious 0.30-acre lot and is just a short drive to Carolina Beach, giving you the perfect blend of everyday comfort and coastal convenience. Major updates include a roof approximately 5-6 years old and an HVAC system replaced in 2019.

Enjoy outdoor living with a screened-in patio, storage shed, and a well-maintained yard featuring mature azalea bushes. The property also includes two koi ponds (fish removed), offering a unique landscaping feature or a great opportunity to customize the space to your vision.

Additional highlights include a brand-new well pump connected to the sprinkler system.

Being sold as-is, this home is full of potential and ready for its next owner to make it their own.

Location

State NC

County New Hanover

Community Monterey Heights

Zoning R-10

Direction From South College Road (NC-132), head toward the Monkey Junction area. Turn onto Carolina Beach Road (US-421 South). Continue for approximately 1 mile, then turn right onto Cathay Road. Follow Cathay Road into Monterey Heights subdivision. Continue straight and 514 Cathay Rd will be on the right.

Location Details Mainland

Rooms

Primary Bedroom Level Primary Living Area

Interior

Interior Features Entrance Foyer, Ceiling Fan(s), See Remarks

Heating Electric, Heat Pump

Cooling Central Air

Exterior

Parking Features On Site, Paved

Utilities Available Water Available

View See Remarks

Roof Type Shingle

Porch None

Garage No

Building

Entry Level One

Foundation Slab

Water County Water

Level or Stories 1

New Construction No

Schools

Elementary Schools Bellamy

Middle Schools Murray

High Schools Ashley

Others

Tax ID R07816-003-024-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Keller Williams Innovate-Wilmington
Bought with Navigate Realty
Nearby Locations

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Matt Jones

Matt Jones

Team Leader/Managing Broker | License ID: 280510

+1(336) 504-4078

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