1988 W Lake Shore Drive, Wilmington, NC

$949,900

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3

Beds

3

Baths

2,374

Square feet

0.93

Acres

About 1988 W Lake Shore Drive

Rare Wilmington Property Across from Greenfield Lake | Classic Character, Multiple Living Spaces & Income Potential A rare Wilmington opportunity directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater. 1988 West Lake Shore Drive combines a beautifully appointed main residence, separate Lake House, additional cottage-style space, established short-term rental history, and beautifully landscaped grounds--all near downtown Wilmington. The main residence offers 3 bedrooms and 3 full bathrooms with hardwood floors, fiber cement siding, generator setup, and classic architectural character. The thoughtfully landscaped grounds feature an outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and an above-ground pool. The separate Lake House offers 2 bedrooms and 2 full bathrooms and has been thoughtfully renovated while maintaining its original character. It has earned Airbnb Guest Favorite status with a 4.96-star rating across 332 reviews. An additional detached cottage-style structure, currently used as the Lake Cottage, provides another flexible space and has earned Airbnb Guest Favorite status with a 4.93-star rating across 123 reviews. The Lake House and Lake Cottage generated more than $51,000 in gross income during 2025, giving buyers an established rental history to evaluate. The three separate spaces offer flexibility for personal use, supplemental rental income, short-term rental use, extended stays, or other permitted uses. With Greenfield Lake directly across the street, the amphitheater approximately 220 yards away, and downtown Wilmington nearby, 1988 West Lake Shore Drive offers a distinctive combination of location, classic architectural character, outdoor living, multiple living spaces, and established income potential. Important: The above-ground pool and Lake Cottage were not permitted.

Features of 1988 W Lake Shore Drive

MLS® # 100572479
Price $949,900
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 2,374
Acres 0.93
Year Built 1935
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1988 W Lake Shore Drive
Subdivision Woodlawn
City Wilmington
County New Hanover
State NC
Zip Code 28401

Amenities

Utilities Sewer Connected, Water Connected
Parking Spaces 6
Parking Circular Driveway, Gravel, Concrete, See Remarks, Assigned, On Site
View Lake
Is Waterfront No
Waterfront None
Has Pool Yes
Pool Above Ground

Interior

Interior Features Master Downstairs, Walk-in Closet(s), Solid Surface, Ceiling Fan(s), Walk-in Shower, Wet Bar, Blinds/Shades, Built-in Features, Walk-In Closet(s), See Remarks
Appliances Vented Exhaust Fan, Electric Oven, Electric Cooktop, Built-In Electric Oven, Washer, Refrigerator, Dryer, Double Oven, Dishwasher, Electric Range, Sump Pump
Heating Other, Fireplace(s), Electric, Forced Air
Cooling Multi Units
Fireplace Yes
# of Fireplaces 1
# of Stories 2
Stories Two

Exterior

Exterior Features Outdoor Shower, Irrigation System, Outdoor Kitchen, Garden, Thermal Doors, See Remarks
Lot Description See Remarks, Irregular Lot, Landscaped
Roof Shingle
Construction Fiber Cement, Wood Frame
Foundation Concrete Perimeter, Crawl Space

School Information

District New Hanover
Elementary Sunset
Middle Williston
High New Hanover

Additional Information

Date Listed May 7th, 2026
Days on Market 105
Zoning R-5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Sea Coast Advantage-Hampstead

Listing Map

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