4806 Collegiate Drive, Wilmington, NC 28403

• 4 beds |
• 4 baths |
• 2,711 sqft

Property Description

Tucked into the established College Park neighborhood just minutes from UNCW and under 15 minutes to Wrightsville Beach, this 4-bedroom, 4.5-bath home is a rare turnkey opportunity -- a proven short-term rental with no HOA, in one of Wilmington's most rentable locations. It already has over $52,000 in bookings on the calendar for the current year and is on track for $65,000-$75,000 in gross rental income, making it a compelling buy for investors while living equally well as a primary or multi-generational residence. The standout is the layout: all four bedrooms feature their own private en-suite bathroom -- a true rarity that makes the home ideal as a short-term rental, a premium college rental near campus, or a comfortable home for families and roommates alike. A private elevator serves all three levels, adding genuine convenience and accessibility while widening the home's appeal to every kind of guest. The main living level centers on an open-concept great room, where a generous living and dining space flows into a kitchen with granite countertops, stainless steel appliances, a center island, and a pantry. Step out to the screened porch off the kitchen and take in the private, wooded backyard -- built for morning coffee or evenings around the firepit. Upstairs, a secluded primary suite offers a large walk-in closet and a spa-style bath with a tiled walk-in shower and dual vanity. The ground level adds a two-car garage, a universal EV charger, ample storage, and a private en-suite bedroom -- perfect for guests, a home office, or a separate suite. Between the location, the income history, and the rare four-en-suite layout, this is a turnkey investment that's tough to replicate.

Listing Status:

Active

Date Added:

June 16, 2026

Data Last Updated:

June 17, 2026 at 7:15AM

Listing Office:

RE/MAX Essential : 910-777-2700

MLS ID:

100582046

Interior

• General: Walk-in Closet(s)ElevatorCeiling Fan(s)PantryWalk-in ShowerWalk-In Closet(s)
• Master Bedroom: Non Primary Living Area
• Appliances: Built-In MicrowaveDishwasherElectric Range
• Laundry: Laundry Room
• Flooring: CarpetTileWood
• A/C: Central AirWall/Window Unit(s)
• Heating: ElectricHeat PumpElectric
• Disability Feature: Accessible Elevator Installed

Exterior

• Other Structures: PorchDeckScreened
• Parking: ConcreteOff StreetParking spaces: 2

Construction

• Roofing: Shingle
• Windows: Thermal Windows
• General: Vinyl SidingWood FrameThree Or MoreSlab

Location

• Road/Access: City StreetState RoadSee Remarks
• HOA Amenities: None
• Originating MLS: Hive MLS
• School District: New Hanover
• County: New Hanover

Lot

• Zoning: R-10Lot Adj WinterwoodR05507-002-088-000
• View: See Remarks
• Fencing: Back YardWood

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public
• Sewer: Municipal Sewer

Financial

• Source: Hive MLS