Wednesday, July 24, 2024

Where We Live – Wilmington Ranch rescued from ‘blight’ status

A few months ago, the house was a "blight" on the community. Now it's been given a second chance.

WILMINGTON — What a difference a few months can make.

In January, the residence at 26 Station Road, a tired 1964 brick ranch located in Market Street Heights, was sold to an investor who painstakingly transformed the home into a mid-century showplace.

The house at 26 Station Road was bought with the intention of flipping. House flipping is when real estate investors buy homes, renovate them and then resell them for a profit a few months later.

One of the keys to a successful flip is location.

According, to real estate agent Pam Kersting, “This home is in a great location nestled between Market Street and Military Cutoff and just a short distance from a bike/walking trail that runs to the Mayfaire, Forum, and Landfall Shopping areas as well as to Wrightsville Beach and the Cross-County Trail.

Finding a structurally sound home is also important.

“The home has great bones,” Kersting said.

The house is 1150 square feet, has three bedrooms, two baths, and sits on a one-third-acre lot. The exterior is comprised of the original red brick.

Addressing the comforts of home is the next piece of the puzzle for a successful flip and not much was left out of the renovation. The carpets were replaced by faux wood floors in the main living areas of the home, bathrooms were gutted and replaced with new fixtures, a new tub, and a tiled walk-in shower. The French doors were added to the dining area opening up to the new deck which overlooks the large backyard. The kitchen was completely transformed with new cabinets, wood countertops, and stainless steel appliances.

“Everything turned out beautifully. It is a lovely home that is also affordable and would make a perfect starter home or down-sizer home,” Kersting said.

The house 26 Station was just a few months ago a blight on the community and now has been given a second chance at life.

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