117 Tom Avenue, Castle Hayne, NC, 28429
About This Home
Discover a rare investment opportunity in an established Castle Hayne community. This incredibly unique property offers two combined parcels totaling approximately 1.34 acres and includes an expansive 2700sf ranch and three fully equipped ADUs, all tenant-occupied and generating immediate income. The main home features a newly remodeled hall bathroom and a brand-new HVAC system installed in 2025. A sprawling kitchen serves as the heart of the home with vaulted ceilings, skylights, a center island, granite countertops, and stainless steel appliances. The reimagined primary suite offers a spacious closet with custom built-ins and a large, updated bathroom. With 3 bedrooms, a bonus room, and a FROG ideal for crafts or storage, the layout accommodates a variety of needs. Additional conveniences include an attached carport, patio area, and dual driveways. Out back, a large detached garage provides two bays plus a raised-ceiling carport perfect for RV storage. Two fully furnished apartments are tucked within this structure, offering turnkey rental units. A separate cabin adds yet another option for live-in family, guest accommodations, or additional income potential. Versatile, income-producing, and set in a peaceful established neighborhood, this property is a unique opportunity with room to live, work, and earn. Please see Agent Remarks for more info.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Foundation: Crawl Space
- Roof: Architectural Shingle
- Construction materials: Brick,Wood Siding,Fiber Cement,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Electric Cooktop,Down Draft,Water Softener,Refrigerator,Dishwasher
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Breakfast Nook
- Level: First
Den
- Level: First
Dining Room
- Level: First
Features
- Walk-in Closet(s),Vaulted Ceiling(s),High Ceilings,Entrance Foyer,Solid Surface,Bookcases,Kitchen Island,Ceiling Fan(s),Blinds/Shades,Gas Log,Walk-In Closet(s)
- Window features: Skylight(s)
- Flooring: Tile,Wood
- Fireplace features: Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Propane,Heat Pump,Electric,Forced Air
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 2,701
- Total interior livable area: 4,470 sqft
Kitchen
- Level: First
Laundry
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Other
- Level: First
Other
- Level: First
Utility Room
- Level: First
Property
Details
- Parcel number: R01805001009007
- Zoning: R-20
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Porch
- Fencing: None
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- Frontage type: Creek
- Living area range: 2600 - 2799
Lot
- Lot size: 1.34 Acres
- Lot size dimensions: irregular
Parking
- Total spaces: 6
- Parking features: Workshop in Garage,Detached,Additional Parking,Gravel,Concrete,On Site,Garage6
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 6
- Carport: Yes
- Carport spaces: 4
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
- Lightning
- Winter Weather
- Inland Flooding
- Ice Storm
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New Hanover County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,665 | $43,980 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $272 | $3,264 |
| Electricity | $416 | $4,996 |
| Total | $4,542 | $54,504 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-18 | Listed for sale | $750,000 |
| 2026-04-02 | Contingent | $750,000 |
| 2026-01-29 | Price change | $750,000 |
| 2025-11-25 | Listed for sale | $800,000 |
| 1992-08-01 | Sold | $82,000 |
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