Wilmington, NC 28411,1 Banks RD
Wilmington, NC 28411,1 Banks RD
Wilmington, NC 28411,1 Banks RD
Wilmington, NC 28411,1 Banks RD
Wilmington, NC 28411,1 Banks RD
Wilmington, NC 28411,1 Banks RD
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$8,600,000

$9,200,000

6.5%
Est.Price: ?

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Est. payment /mo

5 Beds

7 Baths

5,985 SqFt


SOLD DATE : 03/18/2025

Key Details

Sold Price $8,600,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 5,985 sqft

Price per Sqft $1,436

Subdivision Figure Eight Island

MLS Listing ID 100459191

Sold Date 03/18/25

Style Wood Frame

Bedrooms 5

Full Baths 5

Half Baths 2

HOA Fees $6,690

HOA Y/N Yes

Year Built 2002

Lot Size 0.514 Acres

Acres 0.51

Lot Dimensions Per original Plat

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

Nestled by the sound directly across the street from the ocean, this exquisite 5 bedroom, 5 full bath, 2 half bath home boasts panoramic views of Figure Eight Island. Originally envisioned by architects Henry and Ian Johnston and built by Master Craftsman Fred Murray over several years, its quality is unparalleled. Every room offers unobstructed views of the sound, marsh, Intracoastal Waterway and ocean, showcasing the island's curvature and the iconic Figure Eight Island Bridge.
Meticulously maintained and extensively renovated in 2020, the home features Ipe decks and rail caps, Centor accordion doors enhancing seamless indoor-outdoor living, a screened porch, and both covered and uncovered decks. An outdoor kitchen and dining area complements the expansive, beautifully landscaped lawn along the first level.
Enjoy a range of water activities such as paddle boarding and kayaking right out your back door. Recent additional updates include custom cabinets throughout the fully renovated kitchen, new hardwood flooring throughout home, custom mahogany trim, lighting fixtures and expanded decks. This 6,000+ sq ft home was thoughtfully designed and laid out to function as either a vacation home or year round residence. Spacious first floor den, full laundry area, large butler's pantry, elevator, office/gym area, outside shower, bonus 1/2 bath, storage room and 2 car attached garage. Sold Furnished with minor exclusions. Figure Eight Island Yacht Club Warrant Included. Offering a blend of luxury, breathtaking views, and extensive amenities perfect for coastal living, this home is a rare Figure Eight Island find.

Location

State NC

County New Hanover

Community Figure Eight Island

Zoning R-20S

Direction Market Street/ HWY 17 to Porters Neck Road. Right onto Edgewater Club Road. Thru security and over bridge to Bridge Road. Right onto Beach Road South, Right onto Banks Road. First driveway on the right.

Rooms

Other Rooms Storage, Outdoor Kitchen

Interior

Interior Features Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Solid Surface, Bookcases, Kitchen Island, Ceiling Fan(s), Elevator, Pantry, Reverse Floor Plan, Walk-in Shower, Blinds/Shades, Gas Log, Walk-In Closet(s)

Heating Heat Pump, Electric

Cooling Central Air, Heat Pump

Flooring Tile, Wood

Fireplaces Type Gas Log

Furnishings Furnished

Fireplace Yes

Laundry Laundry Room

Exterior

Exterior Feature Shutters - Board/Hurricane, Outdoor Shower, Irrigation System, Outdoor Kitchen

Parking Features Garage Door Opener, On Site, Paved

Garage Spaces 2.0

Pool None

Utilities Available Water Available

Amenities Available Waterfront Community, Beach Access, Beach Rights, Gated, Jogging Path, Maintenance Common Areas, Ramp, Tennis Court(s), Trash, Owner Pets Only

Waterfront Description Bulkhead,Salt Marsh,Second Row,Sound Side,Water Access Comm

View Creek, ICW, Marsh, Ocean, Sound, Water, Creek/Stream

Roof Type Shake

Porch Open, Covered, Deck, Patio, Porch, Screened

Building

Lot Description Interior Lot, Bulkhead, Salt Marsh, Second Row, Sound Side, Water Access Comm

Story 3

Entry Level Three Or More

Foundation Other, Slab, Pilings

Water Community Water

Structure Type Shutters - Board/Hurricane,Outdoor Shower,Irrigation System,Outdoor Kitchen

New Construction No

Schools

Elementary Schools Porters Neck

Middle Schools Holly Shelter

High Schools Laney

Others

Tax ID R04520-001-022-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Figure Eight Realty
Bought with Figure Eight Realty
Barefoot-Chandler & Associates

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