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412 Dogwood Lane, Wilmington, NC, 28409

2beds
2baths
2,178sqft
$479,000
$220price/sqft
$2,946/moest. monthly cost
$117,840/yrincome needed

About This Home

Rare opportunity in the heart of Wilmington with detached garage with flex space and room to expand! Situated on almost a half-acre just minutes from Wrightsville Beach, UNCW, shopping, dining, and medical facilities, this unique property offers exceptional flexibility with a 2BR/2BA main home PLUS a detached, heated and cooled two car garage flex space. The detached building and flex space currently includes a bedroom, oversized closet, and attached two-car garage, making it ideal for a home office, workshop, fitness studio, guest quarters, or multi-generational living. Buyers may explore the potential to reconfigure the space into a 2-bedroom, 1-bath residence, subject to zoning, permitting, and local approvals. Whether you're looking for space for aging parents, a college student, extended family, a home-based business, or future income-producing possibilities (where permitted), this property offers options that are difficult to find in such a prime central location. The expansive lot provides plenty of room for outdoor living, entertaining, gardening, and privacy while still being just minutes from beaches, UNCW, medical, downtown Wilmington, and everyday conveniences. A truly versatile property offering endless possibilities in one of Wilmington's most desirable locations.

Getting Around

43
WalkingCar-Dependent
20
TransitMinimal Transit
40
BikeSomewhat Bikeable

Schools

8/10
6/10
6/10
John T Hoggard HighGrades 9-122.2 mi

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Microwave,Refrigerator,Dishwasher,Electric Range
  • Laundry features: Dryer Hookup,Washer Hookup,In Hall

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Master Downstairs,High Ceilings,Solid Surface,Blinds/Shades,Eat-in Kitchen
  • Flooring: LVT/LVP,Tile,Wood

Heating & Cooling

  • Heating features: Fireplace(s),Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,050
  • Total interior livable area: 2,178 sqft

Property

Details

  • Parcel number: R06206011018000
  • Zoning: R-15
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Patio,Front Porch
  • Fencing: Full,Back Yard,Wood
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 1000 - 1199

Lot

  • Lot size: 0.38 Acres
  • Features: Wooded
  • Lot size dimensions: 290 x 57 x 289 x 57

Parking

  • Total spaces: 2
  • Parking features: Workshop in Garage,Golf Cart Parking,Detached,Additional Parking,Concrete,On Site,Paved,Enclosed,Garage,Golf Cart Garage,Storage
  • 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 $2,422$29,064
Home Insurance *$99$1,188
Property Taxes $223$2,676
Electricity $202$2,434
Total$2,946$35,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,005/yr
40% on housing$88,380/yr
45% on housing$78,560/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

$220This listing

vs Other Active Listings

Avg $/sqft

ZIP 28409$404
New Hanover County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 28409$251
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
2026-07-29Listed for sale$479,000
2026-07-26Contingent$479,000
2026-07-22Price change$479,000
2026-07-07Listed for sale$499,000

For Sale by Agent

AgentThe Summers Real Estate Team
BrokerageKeller Williams Innovate-Wilmington

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