Shipwatch is a gated community located off River Road, near the Cape Fear River. The neighborhood was established in 1983 and includes beach cottages on medium-sized lots backing to the river. Boat slips are also available for residents.
Homes line both sides of this single street neighborhood with cul-de-sacs at either end, complete with landscaping. The shady homes reflect the costal lifestyle and are only about 12 miles away from UNCW and Downtown Wilmington. In 2020 four homes sold in the neighborhood with a median price of $770,000.