314 Mcrae Street
Wilmington, NC 28401
- 3 beds
- 2 baths
- 1,653 sqft
- 3,049 sqft lot
- $301 per sqft
- 1871 build
- – on site
Welcome to The 1871 King House, located in the historic district in downtown Wilmington, NC. This 3 bedroom/2 bath gem features timeless architecture and charm, blending the past with the present in the most delightful way. This home has modern eclectic light fixtures and beautiful woodwork. The kitchen and downstairs bathroom have both been recently remodeled. A stunning staircase leads upstairs to two bedrooms and a full bath. The hardwood floors and high ceilings make the home comfortable for entertaining guests or relaxing. A new roof was recently installed, and the exterior was freshly painted in 2021. This home has versatility and could be purchased as an income generating rental. With its proximity to the riverwalk (8 blocks), the Live Oak Pavilion, the Wilson Center, the Brooklyn Arts District, shopping and fine dining, this rare opportunity won't last long. Last, but not least, the home is only 15 minutes from Wrightsville Beach. Enjoy all that Wilmington has to offer at 314 McRae.
Last checked:
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Last updated Mar 25, 2025
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MLS# 100496497 —
The Building
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Year Built:1871
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Construction:Wood Frame
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Construction Type:Stick Built
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Roof:Architectural Shingle
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Stories:2.0
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Stories/Levels:Two
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Basement:Dirt
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Exterior Finish:Wood Siding
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Foundation:Crawl Space
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SqFt - Heated:1,653 Sqft
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Exterior Features:None
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Patio and Porch Features:Porch
Interior
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Interior Features:1st Floor Master, 9Ft+ Ceilings
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# Rooms:7
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Dining Room Type:Combination
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Flooring:LVT/LVP, Wood
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Fireplace:2
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Laundry Features:Hookup - Dryer, Hookup - Washer
Financial & Terms
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Terms:Cash, FHA, Conventional
Location
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Directions to Property:Market Street towards downtown. Right on Seventh. Right on Grace. Left on McRae. Home on right.
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Location Type:Mainland
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City Limits:Yes
The Property
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Property Type:A
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Subtype:Single Family Residence
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Lot #:2
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Lot Dimensions:99x33
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Lot SqFt:3,267 Sqft
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Waterview:No
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Waterfront:No
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Zoning:HD-R
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Horses:No
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Acres Total:0.07
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Fencing:Back Yard, Wood, Full
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Other Structures:Shed(s)
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Road Type/Frontage:Maintained, Public (City/Cty/St), Paved
Listing Agent
- Contact info:
- Agent phone:
- (910) 262-0212
- Office phone:
- (910) 679-8047
Taxes
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Tax Year:2024
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Property Taxes:$1,770.46
Beds
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Bedrooms:3
Baths
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Total Baths:2.00
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Full Baths:2
Heating & Cooling
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Heating:Gas Pack
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Heated SqFt:1600 - 1799
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Cooling:None
Utilities
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Utilities:Municipal Sewer, Municipal Water
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Water Heater:Electric
Appliances
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Appliances/Equipment:Dryer, Washer, Stove/Oven - Electric, Self Cleaning Oven, Refrigerator
Schools
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School District:New Hanover
The Community
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Subdivision:Rankin Place North
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Secondary Subdivision:N/A
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Pets Allowed:Yes
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HOA and Neigh Amenities:Sidewalk, Street Lights
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HOA:No
Parking
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Garage & Parking: Driveway Spaces:1.00
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Parking Features:On Street
Monthly cost estimate

Asking price
$499,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,671
|
Taxes | $147 |
Insurance | $137 |
Utilities | $195 See report |
Total | $3,150/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/25/25
Mar 25, 2025
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Listed / Active | HIVE | $499,000 | 10.9% (6.2% / YR) |
6/23/23
Jun 23, 2023
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HIVE | $450,000 | 298.2% (38.5% / YR) | |
9/21/15
Sep 21, 2015
|
HIVE | $113,000 |