1. North Carolina
2. Wilmington
3. 335 Lullwater Drive

335 Lullwater Drive, Wilmington, NC 28403

• 4 beds |
• 2 baths |
• 1,650 sqft

Property Description

Tucked into the vibrant character of Wilmington and brimming with strategic potential, this four-bedroom, two-bathroom residence offers a rare combination of established income and lifestyle adaptability. Generating consistent rental income of $2,700 per month, the property operated as a registered group home with the City of Wilmington, offering a turnkey opportunity for investors or care-focused operators seeking a high-yield model in a flourishing coastal market. Step inside to a thoughtfully designed floor plan where function meets comfort. The living room, with its large front-facing window, flows seamlessly into a dining area and an efficient, well-lit kitchen equipped with durable countertops, ample cabinetry, and low-maintenance flooring. The primary bedroom is privately situated and filled with natural light, offering a peaceful retreat. Three additional bedrooms—each with sizable closets and neutral finishes—are roomy retreats. Bathrooms feature modern vanities, vinyl flooring, and clean-lined fixtures for ease of upkeep. The exterior offers equal promise, with a spacious backyard inviting relaxation or extension. Mature trees at the edge of the lot provide a natural screen, while the front lawn is easily maintained with opportunity for custom landscaping. Off-street parking adds convenience for both residents and visitors. Positioned near the University of North Carolina Wilmington, major retailers, dining, public transit, and Wrightsville Beach, this home balances income potential with lifestyle flexibility.

Listing Status:

Active

Listing Office:

Margaret Rudd Assoc/Sp : 910-457-5258

MLS ID:

100525931

Interior

• General: Ceiling Fan(s)Walk-in Shower
• Master Bedroom: Primary Living Area
• Appliances: Electric OvenRefrigeratorRange
• Laundry: Laundry Room
• Basement: None
• Flooring: See Remarks
• A/C: Central AirHeat Pump
• Heating: Forced AirHeat PumpElectric
• Fireplace: None
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Margaret Rudd Assoc/Sp