1 Banks RD Active

Wilmington,NC 28411

$ 9200000

5 Beds

7 Baths

5985 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,985 sqft

Price per Sqft $1,537

Subdivision Figure Eight Island

MLS Listing ID 100459191

Style Wood Frame

Bedrooms 5

Full Baths 5

Half Baths 2

HOA Fees $6,690

HOA Y/N Yes

Originating Board North Carolina Regional MLS

Year Built 2002

Annual Tax Amount $17,679

Lot Size 0.514 Acres

Acres 0.51

Lot Dimensions Per original Plat

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.

Location Details Island

Rooms

Other Rooms Storage

Primary Bedroom Level Primary Living Area

Interior

Interior Features Foyer,Solid Surface,Bookcases,Kitchen Island,9Ft+ Ceilings,Vaulted Ceiling(s),Ceiling Fan(s),Elevator,Pantry,Reverse Floor Plan,Walk-in Shower,Walk-In Closet(s)

Heating Heat Pump,Electric

Cooling Central Air

Flooring Tile,Wood

Fireplaces Type Gas Log

Fireplace Yes

Window Features Blinds

Laundry Inside

Exterior

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

Parking Features Garage Door Opener,On Site,Paved

Garage Spaces 2.0

Pool None

Utilities Available Community Water

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

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

Roof Type Shake

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

Building

Lot Description Interior Lot

Story 3

Entry Level Three Or More

Foundation Other,Slab

Sewer Septic On Site

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

New Construction No

Others

Tax ID R04520-001-022-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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