See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5021 Ilex Drive, Wilmington, NC, 28412

5beds
3baths
1,425sqft
$400,000
$281price/sqft
$2,438/moest. monthly cost
$97,520/yrincome needed

About This Home

Tucked away just outside Wilmington city limits in the quiet Marquis Hills community, 5021 Ilex Drive is the kind of property buyers hope to find but rarely do. Set on a peaceful, fully fenced lot with a wooded backdrop, this beautifully renovated 5-bedroom, 3-bath home offers space, privacy, character, and convenience -- all without city taxes. Inside, the home has been thoughtfully transformed with a modern, elevated feel while keeping the charm that makes it stand out. Vaulted ceilings, exposed spiral ductwork, updated LVP flooring, energy-efficient windows, and abundant natural light create a bright, open living space that feels both stylish and functional. The kitchen is a true showpiece, featuring stainless steel appliances and rare commercial-grade 316 stainless steel countertops -- a durable, chef-inspired finish you will not find in most homes. The private primary suite offers oversized windows, a walk-in closet, and a spa-style bathroom with a tiled walk-in shower and double vanity. Four additional bedrooms provide flexibility for guests, kids, a home office, gym, or creative space. Step outside to a newly built deck overlooking the private backyard, perfect for entertaining, relaxing, grilling, or letting pets enjoy the fully fenced space. Two detached outbuildings add even more value with room for storage, hobbies, tools, or a workshop. Located just minutes from downtown Wilmington, area beaches, shopping, dining, and everyday conveniences, this home delivers the best of both worlds: peaceful living with quick access to everything coastal Wilmington has to offer. Move-in ready, updated, and truly unique -- this is not just another renovated home.

Getting Around

7
WalkingCar-Dependent
22
TransitMinimal Transit
22
BikeSomewhat Bikeable

Schools

5/10
9/10
Myrtle Grove MiddleGrades 6-81.6 mi
5/10
Eugene Ashley HighGrades 9-122.9 mi

Construction

Condition

  • Year built: 1970

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator,Dishwasher
  • Laundry features: Dryer Hookup,Washer Hookup,In Hall

Basement

  • Basement: None

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Den

  • Level: Main

Features

  • Master Downstairs,Walk-in Closet(s),Vaulted Ceiling(s),High Ceilings,Kitchen Island,Ceiling Fan(s),Pantry,Reverse Floor Plan,Walk-in Shower,Blinds/Shades,Walk-In Closet(s)
  • Window features: Thermal Windows
  • Flooring: LVT/LVP

Heating & Cooling

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

Interior Area

  • Total structure area: 1,425
  • Total interior livable area: 1,425 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R07508009030000
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Deck,Porch
  • Fencing: Chain Link,Back Yard
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 1400 - 1599

Lot

  • Lot size: 0.36 Acres
  • Lot size dimensions: Irregular

Parking

  • Parking features: Concrete

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Tornado
Winter Weather
Coastal Flooding
Cold Wave
Heat Wave
Ice Storm
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 $2,022$24,264
Home Insurance *$88$1,056
Property Taxes $128$1,536
Electricity $200$2,405
Total$2,438$29,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,588/yr
40% on housing$73,140/yr
45% on housing$65,013/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 28412$214
New Hanover County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 28412$245
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
2026-08-07Contingent$400,000
2026-07-23Price change$400,000
2026-07-09Listed for sale$420,000
2025-05-07Sold$390,000
2025-04-21Pending sale$399,000
2025-04-08Price change$399,000
2025-03-27Price change$415,000
2025-03-12Listed for sale$425,000
2024-09-13Sold$230,000
2024-08-17Contingent$265,000
2024-08-10Listed for sale$265,000
2007-10-15Sold$158,000

For Sale by Agent

AgentHarpo Properties
BrokerageHarpo Properties LLC

Similar Homes