1 Banks Road, Wilmington, NC 28411 (MLS# 100459191)

1 Banks Road, Wilmington, NC 28411

$8,600,000

Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 5,985 Lot Size (sq. ft.): 22,390 Status: Closed

Current Price: $8,600,000 List Date: 2/01/2025 Last Modified: 3/21/2025

Overview

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 ... (Read more)

Listing Details MLS# 100459191

Contract Info

Sub-Type: Single Family Residence
Construction Type: Stick Built
Delayed Marketing?: No
Marketing Start Date: 2024-08-03
Listing Price: 9200000
List Price/SqFt: 1537.18
Stipulation of Sale: Standard

Location Information

Street #: Yes
Street Name: Banks
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28411
City Limits: No
Marketing City: Wilmington
Subdivision: Figure Eight Island
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: 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.
Sign on Property: Yes

Property Exterior Info

New Construction: No
Lot Acres: 0.51
Lot SqFt: 22390
Lot Dimensions: Per original Plat
Waterfront: Yes
Waterview: Yes
Horses Y/N: No
Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 5985
Total SqFt - Heated (Primary + Separate): 5985
# Rooms: 7
# Baths - Full: 5
# Baths - Half: 2
# Baths - Total: 7
# Bedrooms: 5
Master Bedroom Level: Primary Living Area
Stories: 3
Fireplace Y/N: Yes

Legal Taxes

Year Built: 2002

More Information

Status Change Info

Under Contract Date: 2025-01-30
Sold Date: 2025-03-18

Fuel Tank

Above or Below Ground: Below Ground
Fuel Type: Propane
Owned or Leased: Owned

HOA

Association Fee 1/Year: 6690
Association Name: Figure Eight Beach HOA
Association Phone: 9106860635

Property Features

Frontage Type: Sound Front View Type: Creek/Stream; ICW View; Marsh View; Ocean; Sound View; Water Construction: Wood Frame Exterior Features: Exterior Kitchen; Irrigation System; Outdoor Shower; Shutters - Board/Hurricane Exterior Finish: Cedar; Shake Siding Fencing: None Foundation: Pilings; Slab Fuel Tank Ownership: Owned Parking Features: Garage Door Opener; On Site; Paved Patio and Porch Features: Covered; Deck; Open; Patio; Porch; Screened Pool Features: None Roof: Shake Levels: 3 Story or More Lot Features: Interior Lot Lot Water Features: Bulkhead; Salt Marsh; Second Row; Sound Side; Water Access Comm Cooling: Central Air; Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Water Available Sewer: Septic Tank Water Source: Community Water Flooring: Tile; Wood Furnished: Furnished Interior Features: Blinds/Shades; Bookcases; Ceiling Fan(s); Elevator; Entrance Foyer; Gas Log; High Ceilings; Kitchen Island; Pantry; Reversed Floor Plan; Solid Surface; Vaulted Ceiling(s); Walk-in Shower; Walk-In Closet(s) Security Features: Smoke Detector(s) Laundry Features: Laundry Room Heated SqFt: 5500 - 5999 Dining Room Type: Combination Other Structures: Outdoor Kitchen; Storage HOA and Neigh Amenities: Beach Access; Beach Rights; Gated; Jogging Path; Maint - Comm Areas; Ramp; Tennis Court(s); Trash; Waterfront Community; Owner Pets Only Terms: Cash

IDX

Listing Office: Figure Eight Realty

Last Updated: March - 21 - 2025

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