2 months on rocket

403 Summer Rest Rd, Wilmington, NC, 28405

$5,495,000

4 Bedrooms
5 Full Baths, 1 Partial
4,989 SqFt
$1,101/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Garage Door Opener, Garage Faces Side, Paved
Attached Garage2 spaces
Year Built2004
HeatingForced Air, Zoned
CoolingCentral Air, Zoned
WaterfrontBoat Lift, Boat Slip, Riparian Rights, Pier
Fireplace1
MLS #100428384
Lot Size0.39 Acres
StatusActive

About 403 Summer Rest Rd

Welcome to 403 Summer Rest Rd. This coastal masterpiece resides on a high bluff that is located on one of Wilmington's most scenic waterfront addresses. The property includes its own pier with deep water access accompanied by two boat lifts and a floating dock capable of holding a 50' yacht. Permitted for 4 slips.This gem offers the quiet tranquility of yesteryear, with views of the ICW and Wrightsville Beach from virtually every room. Spanish moss drapes the branches of a stately Live Oak Tree at the front of the property. A must-see for the most discriminating waterfront buyer. Pool sized backyard 1st loan assumable with approval from Region Bank.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 2
  • Living Area: 4,989 SqFt

Listing Office:

  • Office Name: Landmark Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Central Vacuum, Trash Compactor, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Humidifier, Refrigerator, Self Cleaning Oven
  • Basement: No
  • Flooring Type: Carpet, See Remarks, Tile, Wood
  • Interior: 1st Floor Master, Ceiling Fan(s), Gas Logs, Security System, Smoke Detectors, Sprinkler System, Walk-in Shower, Walk-In Closet, Wet Bar
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Boat Lift, Boat Slip, Riparian Rights, Pier
  • Exterior: Gas Grill, Irrigation System, Outdoor Shower, Shutters - Functional, Thermal Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Garage Door Opener, Garage Faces Side, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot, Boat Slip
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Isaac M Bear High School, Public District Grades 9-12
  • Emsley A Laney High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • M C S Noble Middle School, Public District Grades 6-8
  • Wrightsville Beach Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Eastwood Road to last left before Wrightsville Beach Bridge. Home is on the corner of Summer Rest Road and Beech Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,495,000
  • Price Per SqFt: $1,101/SqFt

Tax Information:

  • Annual Amount: $23,094
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

Med. Sold Price

$409.1K

Med. Price/SqFt

$236

Avg. Days On Market

39

# of Sold Homes

264

403 Summer Rest Rd vs Wilmington

68 DAYS ON ROCKET

+29 Days

$5,495,000

+$5.0M More

$1,101/SqFt

+$865 More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price and $865/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100428384

Listing Office:

  • Office Name: Landmark Sotheby's International Realty

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 25, 2015Home Sold
$2,200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,094$2,192,300
2019$23,093$2,192,300
2018$23,094$2,192,300
2017$16,648$2,192,300

History based on county public records data.

Payment Calculator

$27.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2514361
7
/10
  • Wrightsville Beach Elementary School

  • 220 Coral Dr

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-2514362
7
/10
  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 3.26 miles

  • Public District Grades PK-5

school-card-donut-2514363
4
/10
  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 7.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2514364
5
/10
  • M C S Noble Middle School

  • 6520 Market St

  • 2.49 miles

  • Public District Grades 6-8

High School

school-card-donut-2514365
8
/10
  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.83 miles

  • Public District Grades 9-12

school-card-donut-2514366
5
/10
  • Emsley A Laney High School

  • 2700 N College Rd

  • 6.21 miles

  • Public District Grades 9-12

school-card-donut-2514367
9
/10
  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 7.91 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,337. Residents of Wilmington, NC typically earn between $100k-200k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 Summer Rest Rd

What is the listing price of this property?

The listing price of 403 Summer Rest Rd property is $5,495,000.

What type of property is this?

The property 403 Summer Rest Rd is a house located in Wilmington, North Carolina, 28405.

Is this property for sale now?

Active Listing: 403 Summer Rest Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 403 Summer Rest Rd are:
Wrightsville Beach Elementary School: GreatSchools Rating 7/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
M C S Noble Middle School: GreatSchools Rating 5/10
Isaac M Bear High School: GreatSchools Rating 8/10
Emsley A Laney High School: GreatSchools Rating 5/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $23,094 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 25, 2015 for $2,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 403 Summer Rest Rd has 4 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 403 Summer Rest Rd is 4,989 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 403 Summer Rest Rd is 2004.
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Rocket Homes›North Carolina›New Hanover County›Wilmington›28405›403 Summer Rest Rd

This home is located at 403 Summer Rest Rd in Wilmington, NC and zip code 28405 in the Landfall neighborhood. This 4,989 square foot home, which was built in 2004, sits on a 0.39 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $5,495,000.

In March 2024, from all listings sold in Wilmington, NC there were more than 54 sold above asking price, over 157 sold below and more than 53 were sold right at the asked price. The number of homes for sale in Wilmington, NC increased by 6.8% between February 2024 and March 2024. In March 2024 median list price was $409,102 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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