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2301 Parham Drive, Wilmington, NC, 28403

5beds
4baths
4,072sqft
$1,285,000
$316price/sqft
$7,836/moest. monthly cost
$313,440/yrincome needed

About This Home

Set in one of Wilmington's most desirable neighborhoods, this brick Colonial Revival residence evokes the timeless elegance and understated simplicity of early American colonial homes. Situated on over half an acre in the prestigious enclave of Glen Meade, the property offers privacy, scale, and refined living. The 5-bedroom, 4-bath home has been thoughtfully renovated, blending classic architectural details with modern sophistication. Defined woodwork, crown and ceiling moldings, chair molding, and plantation shutters throughout, abundant windows, exceptional storage, and meticulous attention to detail create light-filled spaces that feel graceful and inviting. Traditional colonial character is elevated throughout by a fresh elegance, complemented by all new mechanicals for peace of mind. Offering approximately 4,072 square feet, the home is designed for both everyday living and entertaining. Two primary bedroom suites -- one upstairs and one downstairs -- provide flexibility and comfort. The upstairs suite features a spa-inspired bathroom for peaceful calm, while the downstairs suite enjoys a coffee bar/kitchenette. A dedicated home office adds functionality and versatility. Multiple indoor and outdoor gathering spaces include the sweeping courtyard and an upper-level veranda, perfect for morning coffee or evening conversation. A chef's kitchen anchors the home with both beauty and function, while a rare four-car garage provides remarkable convenience. A front circular drive welcomes guests with classic curb appeal, complemented by a private rear owner's drive for ease and discretion. Mature landscaping, majestic live oaks, a cooled and heated detached workshop, and abundant storage complete this exceptional property. A residence of quiet confidence and timeless appeal, this home is rooted in tradition yet perfectly attuned to contemporary living. Rarely does a property of such classic elegance become available in one of Wilmington's most distinguished and sought-after neighborhoods.

Getting Around

24
WalkingCar-Dependent
33
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

5/10
6/10
Williston MiddleGrades 6-82.4 mi
3/10
New Hanover HighGrades 9-122.7 mi

Construction

Condition

  • Year built: 1969

Materials

  • Foundation: Slab,Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Brick,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Vented Exhaust Fan,Built-In Microwave,Refrigerator,Double Oven,Disposal,Gas Range
  • Laundry features: Laundry Closet,Laundry Room

Basement

  • Basement: None

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Bonus Room

  • Level: First

Breakfast Nook

  • Level: First

Den

  • Level: First

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Master Downstairs,Walk-in Closet(s),High Ceilings,Entrance Foyer,Mud Room,Ceiling Fan(s),Pantry,Walk-in Shower,Blinds/Shades,Dry Bar,Eat-in Kitchen,Gas Log,Walk-In Closet(s)
  • Flooring: LVT/LVP,Carpet
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Attic Fan,Floored,Pull Down Stairs

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,072
  • Total interior livable area: 4,072 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Master Bedroom

  • Level: Second

Office

  • Level: First

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: R06016002001000
  • Zoning: R-15
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Covered,Balcony
  • Exterior features: Irrigation System
  • Fencing: Metal/Ornamental,Partial,Back Yard
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 4000 - 4499

Lot

  • Lot size: 0.52 Acres
  • Features: Corner Lot,Landscaped,Sprinklers in Front,Sprinklers in Rear
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Rear,Circular Driveway,Concrete,Garage Door Opener,Off Street,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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
    LightningVery High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Ice Storm
Tornado
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
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 $6,497$77,964
Home Insurance *$361$4,332
Property Taxes $599$7,188
Electricity $379$4,551
Total$7,836$94,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,662/yr
40% on housing$235,080/yr
45% on housing$208,960/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

$316This listing

vs Other Active Listings

Avg $/sqft

ZIP 28403$230
New Hanover County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 28403$293
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
2026-08-08Price change$1,150,000
2026-06-30Price change$1,285,000
2026-04-26Pending sale$1,398,900
2026-04-25Contingent$1,398,900
2026-04-04Listed for sale$1,398,900
2019-10-28Sold$500,000

For Sale by Agent

AgentNeil Leonard
BrokerageBerkshire Hathaway HomeServices Carolina Premier Properties

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