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Historic Wilmington Mansion in Search of a TLC Buyer

August 31, 2023 By Just For Buyers Realty

 

Wilmington- When it was built in 1894, the The Gilchrist Mansion and Carriage House near 7th and Market street, was considered to be on the edge of town. Things have cha

nged in 139 years; cars, roads, subdivisions, annexation, and a booming population, to name a few. These days 7th and Market is no where near the edge of town… it’s now considered the edge of downtown.

The nearly 7,000 square estate is one of the area’s jewels that is desperate need of a new owner who wants to return the homes to its former glory.

This Queen Anne- style historical mansion was built by E. William Gilchrist in 1894. There are two options to consider when purchasing this property. One is to follow through with the seller’s plan to subdivide the mansion into 4 four upscale residences. The second opti

on is renovate the six bedroom, five  bath mansion as a luxurious palatial estate for your own use.

It has taken almost 2 years to get The Gilchrist project to this point. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. The home was listed by Denise L Dakoulis of Sky’s the Limit Realty. It has an asking price of $1.3 million. The purchase price includes all architectural and engineering plans and more.

The sellers have built a website   with a detailed overview of this unique project.  This property consists of 0.42 acre and is within walking distance to the heart of downtown and very close to the new Coca-Cola Soda Pop district. The interior has been stripped down to its bones. The house features 12-foot ceilings, a grand staircase, a basement, and eight fireplaces. You can view the official listing here.

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5 Silva Terra Drive, Suite 140
Wilmington, NC 28412
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