106 N Water Street #202, Wilmington, NC, 28401
About This Home
SHORT TERM RENTALS ALLOWED Location, Location, Location!! This condo is right in the heart of downtown Wilmington and walking distance to everything downtown has to offer. Directly across the river from the Battle Ship USS NC.This Beautifully renovated condo is ready for new owners. Water street condo is one of the very few in Downtown Wilmington that allows AirBnB rentals. 2023 LVP flooring, 2023 HVAC with I-WAVE ion generator for cleaner air. 2023 Hot water heater and New Kitchen Cabinets and appliances all replaced in 2023. Refrigerator is full size. Cabinets are solid wood, not particle board, has dove-tailed drawers and Quarts countertops with full Quartz backsplash, the bathroom has Travertine tile with Black Granite inlay. Bathroom vanity is Cherry wood with Granite countertop. Walk-in tiled shower, new toilet. No popcorn ceilings in this unit all smooth ceilings. Doors are solid, not hollow. Crown molding, Chair railing and wainscoting give this condo an upgraded luxury feel. 1 Parking space for owners only. Owners are allowed to have their dogs stay but not renters. 2nd floor units can be used for business office or residential use.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 2000
Materials
- Foundation: Slab
- Roof: Flat
- Construction materials: Brick Veneer,Steel Frame
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s),Elevator,Walk-in Shower,Blinds/Shades,WiFi Thermostat
- Attic: None
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 585
- Total interior livable area: 585 sqft
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: R04720007023014
- Zoning: CBD
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Balcony
- Exterior features: Cluster Mailboxes
- Fencing: None
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterfront features: None
- Frontage type: River
- Living area range: 400 - 599
Parking
- Parking features: Off Street
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
- Coastal Flooding
- Inland Flooding
- Ice Storm
- Lightning
- Winter Weather
- Earthquake
- 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 | $2,022 | $24,264 |
| Home Insurance * | $113 | $1,356 |
| Property Taxes | $204 | $2,448 |
| Electricity | $200 | $2,405 |
| Total | $2,539 | $30,468 |
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 |
|---|---|---|
| 2026-07-13 | Listed for sale | $400,000 |
| 2001-12-01 | Sold | $140,000 |
| 2001-07-01 | Sold | $190,000 |
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