1988 W Lake Shore Drive,Wilmington, NC 28401
Wilmington, NC 28401
Description
Rare Wilmington Property Across from Greenfield Lake | Classic Character, Multiple Living Spaces & Income Potential A rare Wilmington opportunity directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater. 1988 West Lake Shore Drive combines a beautifully appointed main residence, separate Lake House, additional cottage-style space, established short-term rental history, and beautifully landscaped grounds--all near downtown Wilmington. The main residence offers 3 bedrooms and 3 full bathrooms with hardwood floors, fiber cement siding, generator setup, and classic architectural character. The thoughtfully landscaped grounds feature an outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and an above-ground pool. The separate Lake House offers 2 bedrooms and 2 full bathrooms and has been thoughtfully renovated while maintaining its original character. It has earned Airbnb Guest Favorite status with a 4.96-star rating across 332 reviews. An additional detached cottage-style structure, currently used as the Lake Cottage, provides another flexible space and has earned Airbnb Guest Favorite status with a 4.93-star rating across 123 reviews. The Lake House and Lake Cottage generated more than $51,000 in gross income during 2025, giving buyers an established rental history to evaluate. The three separate spaces offer flexibility for personal use, supplemental rental income, short-term rental use, extended stays, or other permitted uses. With Greenfield Lake directly across the street, the amphitheater approximately 220 yards away, and downtown Wilmington nearby, 1988 West Lake Shore Drive offers a distinctive combination of location, classic architectural character, outdoor living, multiple living spaces, and established income potential. Important: The above-ground pool and Lake Cottage were not permitted.
Details
| MLS # | 100572479 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 111 |
| Listing Provided By | Coldwell Banker Sea Coast Advantage-Hampstead | Diane M Castro-Perez |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,374 |
| Pool | Yes |
| Story(s) | 2 |
| Zoning | R-5 |
| Acreage | 0.93 |
| Property View | Lake |
Interior
| Interior Features | Master Downstairs, Walk-in Closet(s), Solid Surface, Ceiling Fan(s), Walk-in Shower, Wet Bar, Blinds/Shades, Built-in Features, Walk-In Closet(s), See Remarks |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Multi Units |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Room |
| Furnished | Unfurnished |
| Rooms Total | 8 |
Exterior
| Exterior Features | Outdoor Shower, Irrigation System, Outdoor Kitchen, Garden, Thermal Doors, See Remarks |
|---|---|
| Roof | Shingle |
| Foundation Details | Concrete Perimeter, Crawl Space |
| Lot Features | See Remarks, Irregular Lot, Landscaped |
| Waterfront Features | None |
| View | Lake |
| Construction Materials | Fiber Cement, Wood Frame |
| Security Features | Cameras Included |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Circular Driveway, Gravel, Concrete, See Remarks, Assigned, On Site |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 666100 |
|---|---|
| Tax Book Number | N/A |
| Tax Legal Description | TR 1R GLAD TIDINGS COMMUNITY MINISTRIES RECOM REV |
| Tax Year | 2026 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Woodlawn |
| School District | New Hanover |
| Elementary School | Sunset |
| High School | New Hanover |
| Listing VS Median (in Woodlawn) | |
Price: $949,900 low | high Med: $339,900 sqft: 2,374 low | high Med: 1,032 $ / sqft: $400 low | high Med: $329 On site: 111 low | high Med: 340 | |
Market Activity 28401
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Woodlawn |
| School District | New Hanover |
| Elementary School | Sunset |
| High School | New Hanover |
| Listing VS Median (in Woodlawn) | |
Price: $949,900 low | high Med: $339,900 sqft: 2,374 low | high Med: 1,032 $ / sqft: $400 low | high Med: $329 On site: 111 low | high Med: 340 | |
