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345 Preservation Point Avenue, Wilmington, NC, 28401

4beds
4baths
2,749sqft
$873,000
$318price/sqft
$5,167/moest. monthly cost
$206,680/yrincome needed

About This Home

Some homes are beautiful. This one is unforgettable. This is 345 Preservation Point Avenue, a refined residence in one of Wilmington's most exclusive gated waterfront communities. Set on one of the highest lots in Preservation Point, this beautifully designed home offers luxury, craftsmanship, and an exceptional location just minutes from the best of coastal Wilmington. Inside, every detail has been thoughtfully elevated. The home features premium LVP flooring in elegant sizable planks, gorgeous porcelain tile, quartz countertops, custom cabinetry, dovetail soft-close drawers, and 8-foot interior doors that enhance the main living spaces. The primary suite is accented by a striking wainscoted focal wall, while white oak shelving and mantle details add warmth and sophistication flowing from the entry to main living spaces. The kitchen is both stylish and functional with a natural gas cooktop, vented hood, wall oven, microwave, durable appliance shelving, and a pantry designed for easy customization. Natural gas also serves the polished fireplace and tankless water heater. Additional upgrades include epoxy garage floors, enclosed garage storage, a screened porch with extended patio, and a built-in mudroom landing featuring hooks, seating, and convenient secretary setting. The laundry room offers wall cabinetry, a wooden shelf with hanging rod, while custom cabinetry in the primary closet and generously sized bedrooms further distinguish the home. Preservation Point offers an exceptional lifestyle with a clubhouse, community pool, fitness center, private island with putting green, picnic area, pickleball courts, dog park, kayak launch, and the prestige of gated waterfront living. Reach Downtown Wilmington in 5 minutes by car or by boat, with a community marina and boat slips available for purchase adding to the ease of waterfront living. More than a refined home, this is a standout opportunity in one of Wilmington's most desirable coastal communities.

Getting Around

14
WalkingCar-Dependent
0
TransitNo Nearby Transit
29
BikeSomewhat Bikeable

Schools

3/10
Wrightsboro ElementaryGrades PK-51.9 mi
9/10
3/10
New Hanover HighGrades 9-122.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Vented Exhaust Fan,Gas Cooktop,Built-In Microwave,Built-In Electric Oven,Disposal,Dishwasher
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Walk-in Closet(s),High Ceilings,Entrance Foyer,Mud Room,Bookcases,Kitchen Island,Ceiling Fan(s),Pantry,Walk-in Shower,Built-in Features,Gas Log,Walk-In Closet(s)
  • Flooring: LVT/LVP,Carpet,Tile,Other
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Heat Pump,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,749
  • Total interior livable area: 2,749 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Other

  • Level: First

Other

  • Level: First

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: R04100001245000
  • Zoning: R-15
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Covered,Enclosed,Patio,Screened,Front Porch
  • Exterior features: None
  • Fencing: None
  • Has view: Yes
  • View description: See Remarks
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 2600 - 2799

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 64' x 114' x 69' x 106'

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Winter Weather
Inland Flooding
Ice Storm
Tornado
Tsunami

FEMA Declared Disasters in New Hanover County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,414$52,968
Home Insurance *$246$2,952
Property Taxes $251$3,012
Electricity $256$3,072
Total$5,167$62,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,154/yr
40% on housing$155,010/yr
45% on housing$137,786/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$318This listing

vs Other Active Listings

Avg $/sqft

ZIP 28401$201
New Hanover County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 28401$265
New Hanover County$260

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$875,000
2026-03-20Listed for sale$899,000
2025-04-22Sold$120,000
2025-03-11Contingent$125,000
2025-02-18Price change$125,000
2025-02-05Price change$174,900
2024-09-13Price change$199,000
2024-06-17Listed for sale$215,000
2022-05-06Sold$95,000
2022-02-02Listing removed--
2022-01-27Listed for sale$79,900

New Construction

AgentRhonda Kelly
BrokerageeXp Realty

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