Ad #7862463
MLS #100580579
Boasting a high-income-producing detached Accessory Dwelling
2309 Lynnwood Dr, Wilmington, NC 28403
$1,435,000
7Beds
7Baths
3,754Sqft
0.49Acres
About this property
Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's coveted Glen Meade/South Oleander neighborhood. Nestled among tree-lined streets and timeless historic charm, this thoughtfully updated property blends classic character with modern convenience while providing exceptional flexibility for homeowners, guests, or continued rental income. The detached ADU has a proven short-term rental history, generating impressive income with $4,280.61 in May, $5,955.66 in June, and a projected $4,946.13 for July. Whether you're seeking supplemental income, multigenerational living, or a private guest retreat, this property delivers both charm and investment potential in one of Wilmington's most desirable neighborhoods. Just minutes from Historic Downtown Wilmington, Wrightsville Beach, and some of the city's best dining and shopping, the property is ideally situated for enjoying everything coastal living has to offer. Residents can take a quick golf cart ride to Cape Fear Country Club, enjoy evening walks through one of Wilmington's most beloved neighborhoods, or spend the day exploring the riverfront and nearby beaches. The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Whether you're seeking a multi-generational living arrangement, private guest accommodations, a dedicated work-from-home retreat, or an income-producing opportunity, the possibilities are endlesspleted in 2024, the guest house, known as The Magnolia, has been successfully operated as a short-term rental and offers exceptional privacy with its own dedicated entrance, driveway, and outdoor retreat. Guests enjoy a private backyard haven complete with a fire pit and outdoor shower, offering a relaxing outdoor gathering space that embodies the relaxed charm of Southern living. Over the past several years, the property has undergone an extensive transformation. The main residence features a spacious primary suite addition, custom mahogany details throughout, polished concrete flooring, updated bathrooms, and a beautifully renovated kitchen with custom cabinetry and designer finishes. Significant infrastructure upgrades, including two new HVAC systems and spray foam insulation, provide modern comfort and energy efficiency, while new landscaping, a welcoming front porch and portico, a wraparound driveway, and a privacy fence create a polished and cohesive outdoor experience. Surrounded by mature landscaping and meticulously designed outdoor spaces, the property offers the privacy and flexibility of an estate-like setting while remaining close to everything Wilmington has to offer. The expansive lot provides room to entertain, gather, and unwind while maintaining a sense of seclusion rarely found in such a central location. Properties that combine location, craftsmanship, income potential, and room to grow rarely come to market in Midtown Wilmington. Whether you're seeking a forever home, a multi-generational property, or a unique investment opportunity, 2309 Lynnwood Drive offers a truly exceptional lifestyle. Seller is listing agent and licensed NC Real Estate Broker.
Property Features
7 Beds
7 Baths
3,754 Sqft
Built in 1967
0.49 Acres
2 Stories
Driveway, Off Street
Siding: Block, Brick, Wood Frame
Shingle Roof
Electric (Heating), Heat Pump (Heating)
$4,888 / yr property tax
New Hanover County
Glen Meade Community
Additional Photos
Contact Information
John F Hally
Cadence Realty Corporation
908-461-2603
Location
Listing Agent: John F Hally (License #: 332992) 908-461-2603
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,435,000
7
Beds
7
Baths
3,754
Sqft
2309 Lynnwood Dr, Wilmington, NC 28403
By contacting this agent you agree to these Terms and Conditions.
MLS# 100580579
Boasting a high-income-producing detached Accessory Dwelling
$1,435,000
2309 Lynnwood Dr, Wilmington, NC 28403
7
Beds
7
Baths
3,754
Sqft
0.49
Acres
$1,435,000
2309 Lynnwood Dr, Wilmington, NC 28403
7 Beds
7 Baths
3,754 Sqft
0.49 Acres
Boasting a high-income-producing detached Accessory Dwelling Unit (ADU), 2309 Lynnwood Drive offers a rare opportunity to own a beautifully renovated property in Wilmington's coveted Glen Meade/South Oleander neighborhood. Nestled among tree-lined streets and timeless historic charm, this thoughtfully updated property blends classic character with modern convenience while providing exceptional flexibility for homeowners, guests, or continued rental income. The detached ADU has a proven short-term rental history, generating impressive income with $4,280.61 in May, $5,955.66 in June, and a projected $4,946.13 for July. Whether you're seeking supplemental income, multigenerational living, or a private guest retreat, this property delivers both charm and investment potential in one of Wilmington's most desirable neighborhoods. Just minutes from Historic Downtown Wilmington, Wrightsville Beach, and some of the city's best dining and shopping, the property is ideally situated for enjoying everything coastal living has to offer. Residents can take a quick golf cart ride to Cape Fear Country Club, enjoy evening walks through one of Wilmington's most beloved neighborhoods, or spend the day exploring the riverfront and nearby beaches. The property features a reimagined 4-bedroom, 3.5-bath main residence and a newly constructed 3-bedroom, 2.5-bath guest house, offering nearly 3,800 square feet of living space across two homes. Whether you're seeking a multi-generational living arrangement, private guest accommodations, a dedicated work-from-home retreat, or an income-producing opportunity, the possibilities are endlesspleted in 2024, the guest house, known as The Magnolia, has been successfully operated as a short-term rental and offers exceptional privacy with its own dedicated entrance, driveway, and outdoor retreat. Guests enjoy a private backyard haven complete with a fire pit and outdoor shower, offering a relaxing outdoor gathering space that embodies the relaxed charm of Southern living. Over the past several years, the property has undergone an extensive transformation. The main residence features a spacious primary suite addition, custom mahogany details throughout, polished concrete flooring, updated bathrooms, and a beautifully renovated kitchen with custom cabinetry and designer finishes. Significant infrastructure upgrades, including two new HVAC systems and spray foam insulation, provide modern comfort and energy efficiency, while new landscaping, a welcoming front porch and portico, a wraparound driveway, and a privacy fence create a polished and cohesive outdoor experience. Surrounded by mature landscaping and meticulously designed outdoor spaces, the property offers the privacy and flexibility of an estate-like setting while remaining close to everything Wilmington has to offer. The expansive lot provides room to entertain, gather, and unwind while maintaining a sense of seclusion rarely found in such a central location. Properties that combine location, craftsmanship, income potential, and room to grow rarely come to market in Midtown Wilmington. Whether you're seeking a forever home, a multi-generational property, or a unique investment opportunity, 2309 Lynnwood Drive offers a truly exceptional lifestyle. Seller is listing agent and licensed NC Real Estate Broker.
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Property Details
HOME DETAILS
7 Beds
7 Baths
3,754 Sqft
Built in 1967
0.49 Acres
2 Stories
EXTERIOR
Driveway, Off Street
Siding: Block, Brick, Wood Frame
Shingle Roof
INTERIOR
Electric (Heating), Heat Pump (Heating)
FINANCIAL & COMMUNITY
$4,888 / yr property tax
New Hanover County
Glen Meade Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7862463
Viewed
43 times
Listing Status
Active
Added
Jun 10, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100580579
Listing Agent: John F Hally (License #: 332992) 908-461-2603
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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