Ridgecrest Homes with Holly Shelter Middle school

Ridgecrest Homes with Holly Shelter Middle school

Welcome to Ridgecrest, a delightful subdivision nestled in the heart of Wilmington, North Carolina. This charming community is a hidden gem in New Hanover County, offering a perfect blend of suburban tranquility and urban convenience. With its picturesque tree-lined streets and friendly atmosphere, Ridgecrest is an ideal place for families, young professionals, and retirees alike.

One of the standout features of Ridgecrest is its proximity to Holly Shelter Middle School, making it an excellent choice for families with school-aged children. The school is known for its dedicated staff and commitment to academic excellence, providing a nurturing environment where students can thrive. Parents can rest easy knowing that quality education is just a stone’s throw away.

The homes in Ridgecrest are diverse, ranging from cozy single-family residences to spacious modern designs, ensuring that there’s something to suit every taste and budget. Many properties boast beautiful yards, perfect for outdoor gatherings or simply enjoying the serene surroundings. The community is also conveniently located near shopping centers, restaurants, and recreational parks, making it easy for residents to enjoy all that Wilmington has to offer.

For those who love the outdoors, the nearby beaches and scenic waterways are just a short drive away, providing endless opportunities for adventure and relaxation. Whether you’re looking to explore the vibrant local culture or enjoy a peaceful evening at home, Ridgecrest is the perfect place to call home. Experience the charm of this wonderful subdivision and discover why so many are proud to be part of the Ridgecrest community!

Newest Ridgecrest Homes with Holly Shelter Middle school

$2,800,000
35 Beds 19 Baths 100540410 MLS
Unlock a rare opportunity to own a well-performing multifamily property on a single parcel in a highly sought-after Wilmington neighborhood, currently cash flowing over $20,000 per month with three vacancies being filled that will push rents closer to $25,000, and with plenty of room to increase rents further. Amazing investment opportunity on this home with income potential for years. Each property has recently had up to $30,000 worth of updates that have brought it up to today's market standards. Step inside to discover modern finishes, refreshed interiors, and thoughtful upgrades that enhance comfort and appeal to long-term tenants. With strong rental demand in the area, this property offers consistent cash flow and room for appreciation. Whether you're expanding your portfolio or entering the market for the first time, this turnkey home stands ready to perform. Featuring a diverse mix of units from duplexes to quadplexes, the property has undergone significant renovations—over half completed—positioning its current value between $3.8M and $3.9M, with an appraised ''as repaired'' value of $4.5M and a recent ''as is'' appraisal of $3.2M at purchase. For developers, drafted plans to replace existing structures with new construction townhomes estimate a post-build value of around $10M with only about $3M in construction costs, presenting massive upside. This is a standout multifamily investment offering immediate income, undeniable value-add potential, and long-term redevelopment opportunity in one of the region's most promising markets.

407 Maides Ave, Wilmington

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