tomo logo

$1,499,900

Beds
4
Baths
4.0
sq ft
3,617

1620 Riverview Terrace, Wilmington, NC 28401

1620 Riverview Terrace

Wilmington, NC 28401

  • 180 days on market
    • Price drop $49,100↓
Coastal Living at Its Finest in Preservation Point This exceptional property includes a 32-foot boat slip (#3) Discover the perfect blend of luxury and comfort in this stunning three-story coastal home situated in the gated community of Preservation Point, Wilmington, North Carolina. Boasting 4 spacious bedrooms and 4 beautifully appointed baths, this property is ideal for those who appreciate quality living near the serene Cape Fear River. With a generous 2-car garage and various amenities that enhance your lifestyle, indulge in the coastal living experience you've been dreaming of. Step inside to a spacious and inviting open floor plan, showcasing exquisite cypress wood ceilings and a gourmet kitchen designed for the culinary enthusiast. Featuring modern Bosch appliances, quartz countertops, an island for casual dining, and a LARGE butler's pantry, this kitchen seamlessly connects to the living and dining areas—perfect for hosting family gatherings or entertaining friends. The third-floor primary suite is a true retreat, complete with a luxurious soaking tub and a private porch to savor captivating river views. The home's versatile layout offers a lower level with an extra-large bonus room complete with a full bath, making it ideal for guests or fun weekends. Throughout the home, custom wood cabinetry adds a touch of elegance, while the ample natural light creates a warm and inviting ambiance. Outside, the double front porches equipped with low-maintenance composite decking and mahogany wood ceilings provide the ultimate space for relaxation, complemented by cable railings that maximize the stunning waterfront views. Being part of a gated community, Preservation Point boasts a plethora of amenities, including community pool, walking trails, a fitness center, and a custom-built clubhouse. Enjoy exclusive access to a private island featuring a marina, pickleball courts, and even a dog park. Enjoy life on the water while being close to shopping and downtown

Details

Property type

Single Family Residence

Est. home value

$229,730

Property condition

New Construction

Lot size

9,148 sq ft

Price per sq ft

$415

Year built

2024

HOA fee

$2,400

Price History

11/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462998

Price change
$1,499,900
-3.17%
08/27/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462998

Listed
$1,549,000
+573.48%
07/25/2023
NorthCarolinaRegional

NorthCarolinaRegional #100384645

Sold
$230,000

Schools & Community

Neighborhood: 

Hightsville

Elementary school: 

Wrightsboro

Middle school: 

Holly Shelter

High school: 

New Hanover

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Paragon Bank

Loan start date

September 2023

Original loan amount

$693,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Commercial, 1 year

Seller

Michael Christian Homes Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 10:50 PM

Listing updated: 02/22/2025 at 2:37 AM

Listed by: Rob H Warwick, Coldwell Banker Sea Coast Advantage Phone #: (910) 799-3435

MLS: NorthCarolinaRegional #100462998

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