New Hanover County Homes under $500,000

New Hanover County Homes under $500,000

Welcome to New Hanover County, North Carolina, a picturesque locale nestled along the stunning coastline of the Cape Fear River. Known for its vibrant culture, rich history, and stunning natural beauty, New Hanover offers the perfect blend of coastal charm and urban convenience. With Wilmington as its crown jewel, residents enjoy a thriving arts scene, delectable dining options, and an abundance of outdoor activities, from pristine beaches to lush parks.

For those looking to make New Hanover their home, there’s great news—there are beautiful homes available for under $500,000! Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse range of properties that cater to various lifestyles and preferences. From charming bungalows in quaint neighborhoods to modern townhomes with easy access to downtown Wilmington, there’s something for everyone.

Imagine waking up to the gentle sounds of the ocean, with the convenience of shopping, dining, and entertainment just a short drive away. New Hanover County boasts excellent schools and a strong sense of community, making it an ideal place to raise a family or enjoy your retirement years.

With a robust real estate market and homes priced under $500,000, now is the perfect time to explore the possibilities that await you in New Hanover County. Embrace the coastal lifestyle and discover your dream home today in this enchanting corner of North Carolina!

Newest New Hanover County Homes under $500,000

219 Atlanta Ave Unit 1A, Carolina Beach
$438,000
2 Beds ⋅ 2 Baths ⋅ LP770035 MLS
Exceptional Water Views. Two Blocks to the Beach. The Best of Island Living.Enjoy a front-row seat to Carolina Beach Lake at 219 Atlanta Avenue, Unit 1-A. Located directly on the lake in Carolina Sunset—the only condominium complex on the lake with a pool—this beautifully updated 2-bedroom, 2-bath condo offers some of the island’s finest water views in an exceptionally convenient setting.The living and dining areas open naturally to a covered balcony overlooking the lake. Start your morning with coffee by the water or unwind after a beach day while taking in the beautiful scenery. Open space and mature landscaping add to the peaceful atmosphere, without the constant turnover of short-term rental traffic.Just two blocks from the beach and within a short walk of restaurants and the Carolina Beach Boardwalk, this location puts island favorites close to home. Spend the day by the ocean, relax beside the private community pool, or simply enjoy the lake views from your own balcony.Both bedrooms are generously sized, and two full bathrooms make the condo comfortable for everyday living, visiting guests or a coastal second home. Two covered parking spaces, a storage shed and an exterior shower provide welcome conveniences for beach living.Thoughtful improvements include a new HVAC system in 2020 and extensive updates in 2023: smooth ceilings, granite countertops, new interior doors and electrical outlets, updated bathroom vanities and sinks, updated lighting, and a stacked washer and dryer.Affordable water front living, a pool just steps away and the beach within easy reach—discover your place on the island at Carolina Sunset.HOA does not allow short term rentals. It must be six month lease or longer.

219 Atlanta Ave Unit 1A, Carolina Beach

3524 Castle Hayne  Road, Castle Hayne
$339,000
2 Beds ⋅ 2 Baths ⋅ 4315904 MLS
Welcome to this charming 2-bedroom, 2-bath home located just minutes from Wilmington in the growing community of Castle Hayne. This inviting property features a comfortable layout with a spacious living area ideal for relaxing or entertaining and a well-appointed kitchen with ample cabinet space. The primary suite provides a peaceful retreat, while the additional bedroom offers flexibility for guests, a home office, or hobbies. Two finished rooms upstairs provide flexible space for an office, playroom, or guest area. Although the ceilings are slightly lower at 6 feet, these rooms add wonderful versatility to the home. Outside, you'll find a generous lot with plenty of room to enjoy the outdoors—perfect for gardening, adding a patio, or simply relaxing in the fresh air. The property also includes a 20x30 storage building/garage that's ideal for tools, vehicles, or a workshop, along with a 12x12 pump house that houses the water softener system. Built with lasting craftsmanship, this home offers an excellent opportunity to update and make it your own. Enjoy the perfect blend of quiet country living with the convenience of nearby Wilmington's shopping, dining, and entertainment. Whether you're a first-time buyer, downsizing, or searching for an investment property, this home delivers charm, comfort, and potential in a location that's hard to beat. - Seller is offering $3,500 in closing cost assistance.

3524 Castle Hayne Road, Castle Hayne

Start Your Search

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .

How much is your home worth?

Get instant property value now!