Back 8720 Shipwatch Drive
Off Market

8720 Shipwatch Drive

Wilmington NC 28412

4
3
2
3547 sq. ft.
35240 sq. ft.
Single-Family
Last sold for $1,200,000
Jennifer Summers TeamJennifer Summers Team, last sold this property on 31 July 2026 after 86 days on market.

Overview

Positioned along the scenic Cape Fear River in Wilmington, this waterfront property offers a rare opportunity to secure expansive water views on almost an acre, a fully equipped semi private dock with boat and jet ski lifts, and the ability to elevate value--all within the sought-after gated community of Shipwatch. With 4 bedrooms and 3 full bathrooms, the home has been thoughtfully improved to maximize both functionality and flexibility. Recent updates include new kitchen countertops, full interior paint, new hardware and fixtures, new elevated storage room below, and new bedroom flooring, along with reconfigured living spaces--converting a former library into a fourth bedroom and transforming the laundry area into additional sleeping quarters--creating ample room for guests, extended family, or multi-generational living. Designed for those who prioritize lifestyle, the outdoor experience is where this property truly stands out. A new private walkway from the back deck leads directly to the dock, complete with a 10,000 lb boat lift and a finger pier with 5,000 lb jet ski lift, offering immediate, turnkey access to life on the water--an increasingly rare and valuable feature to be just a few minutes to Snows Cut Bridge and the intracoastal. Inside, the home offers generous living and entertaining spaces, with a layout ideal for gathering, relaxing, and taking full advantage of the surrounding natural beauty. While some cosmetic opportunities remain, this presents a compelling advantage for buyers looking to personalize the home and capture additional value--without taking on a full-scale renovation. This is more than just a home--it's a chance to create a custom waterfront retreat in a setting where the views, homesite, and boating infrastructure are already in place. Opportunities like this are becoming increasingly difficult to find at this price point.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3547 sq. ft. floor area
35240 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Wilmington over the last 12 months, the estimated median property value of 8720 Shipwatch Drive is $572k.

Median value
$572k
Estimated value range
$260.58k - $1.32m
Median days on market
31
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Wilmington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8720 Shipwatch Drive

2026
Sold
$1,200,000
31 Jul 2026 by Jennifer Summers Team, of Keller Williams Realty
2022
Sold
$862,500
17 Oct 2022 by Carolyn Glaser, of Intracoastal Realty Corp

Happy sellers in Wilmington

90%
90% of sellers in Wilmington reported that their sale price either exceeded or met their price expectations.

Wilmington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Wilmington over the last 12 months.

Local market activity for 4 bedroom single-family properties in Wilmington

In the last 12 months, 175 four-bedroom single-family properties similar to 8720 Shipwatch Drive, have been sold.

This represents a 13% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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