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1636 Osprey Cove Court, Wilmington, NC, 28401

4beds
4baths
3,018sqft
$989,000
$328price/sqft
$5,844/moest. monthly cost
$233,760/yrincome needed

About This Home

Rare Opportunity and Exceptional Value! 2025 Parade of Homes winner this home combines high-end finishes, thoughtful design, plus an opportunity to live the ultimate coastal lifestyle! Luxury living is yours in the gated waterfront community of Preservation Point minutes from downtown Wilmington and the beaches. The open concept takes advantage of the private setting and natural lighting. Beautifully appointed chef's kitchen with Vermont marble countertops, large center island, Thermador professional-grade appliances that includes 6-burner gas range with vented exhaust, soft close cabinetry, walk-in pantry, and a dedicated coffee station with beverage refrigerator. Living room showcases a linear gas-log fireplace, custom built-ins, and expansive views of the rear yard. Primary suite with soaking tub, walk-in shower, double vanity with quartz countertops, and walk in closet with custom shelving. Downstairs study with stunning Ambrosia Maple ceiling. Upstairs, enjoy a flexible loft space, three additional bedrooms, and two full baths. Features include Andersen windows, French Oak flooring throughout the first floor, specialty trim and moldings, solid-core interior doors, multi-zoned high efficiency HVAC system, and gas tankless hot water heater. Preservation Point is a private waterfront community rich with amenities sited on Sunset Island a private 7-acre island for homeowners to enjoy tennis, pickleball, fire pits, walking trails, a dog park, and access to boat slips available for purchase to homeowners only. Cool off in the Resort style pool, fitness center, and clubhouse. just a short walk from your Cul de sac location. A must-see home and community!

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

3/10
Wrightsboro ElementaryGrades PK-51.9 mi
9/10
3/10
New Hanover HighGrades 9-122.3 mi

Construction

Condition

  • Year built: 2025

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Microwave,Washer,Refrigerator,Dryer,Disposal,Dishwasher,Tankless Water Heater,Gas Range

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

  • Master Downstairs,Walk-in Closet(s),High Ceilings,Entrance Foyer,Solid Surface,Kitchen Island,Ceiling Fan(s),Pantry,Walk-in Shower,Blinds/Shades,Walk-In Closet(s)

Heating & Cooling

  • Heating features: Heat Pump,Fireplace(s),Electric,Forced Air,Zoned
  • Cooling features: Central Air,Zoned,Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 3,018
  • Total interior livable area: 3,018 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Loft

  • Level: Second

Master Bedroom

  • Level: First

Office

  • Level: First

Property

Details

  • Parcel number: R04100001290000
  • Zoning: R-15
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Open,Covered,Front Porch,Rear Porch
  • Fencing: None
  • Has view: Yes
  • View description: See Remarks
  • Frontage type: See Remarks
  • Living area range: 3000 - 3499

Lot

  • Lot size: 0.26 Acres
  • Features: Cul-De-Sac,See Remarks
  • Lot size dimensions: 46 x 126 x 128 x 169

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Concrete,Garage,Parking Pad
  • 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 $5,000$60,000
Home Insurance *$279$3,348
Property Taxes $284$3,408
Electricity $281$3,373
Total$5,844$70,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,365/yr
40% on housing$175,320/yr
45% on housing$155,840/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

$328This 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
2026-04-29Price change$999,000
2026-04-08Listed for sale$1,039,000
2021-02-03Sold$130,000

For Sale by Agent

AgentSusan B Lacy
BrokerageIntracoastal Realty Corporation

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