1 Banks Road
Wilmington, NC 28411
$9,200,000
Price
5
Beds
5
Baths
2
1/2 Baths
5,985 Sq. Ft.
$1,537 / Sq. Ft.
5,985
Sq. Ft.
$1,537
per Sq. Ft.
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...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.
- Listed by Kirra S Sutton • Figure Eight Realty
Property Details for 1 Banks Road
Parking Features
Garage Door Opener, On Site, Paved
ViewCreek/Stream, Marsh View, Ocean, Sound View, Water
Subdivision NameFigure Eight Island
ZoningR-20S
Parking Total2.00
WaterfrontYes
WaterfrontYes
WaterviewYes
LISTING UPDATED: 08/14/2024 10:11 AM
Property Details for 1 Banks Road
| Status | Active |
|---|---|
| MLS # | 100459191 |
| Days on Market | 111 |
| Taxes | $17,679 / year |
| HOA Fees | $6,690 / year |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 2002 |
| Lot Size | 0.51 AC / 22,390 SF |
| County | New Hanover County |
Building Information for 1 Banks Road
Stories3Year Built2002Building Size-Lot Size0.51 AC / 22,390 SF
Property Information for 1 Banks Road
Summary
Location and General Information
- City: Wilmington
- State Or Province: NC
- Postal Code: 28411
- County Or Parish: New Hanover
- Directions: 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.
- Latitude: 34.26
- Longitude: -77.75
- City Limits: No
- Secondary Subdivision: N/A
- Location Type: Island
- Legal Taxes: Zoning: R-20S
Taxes and HOA
- Association Name: Figure Eight Beach HOA
- Association Phone: 910-686-0635
- Tax Other Assessment Amount Frequency: Masons Inlet Maintenance
- Association Fee: $6,690.00
- Tax Legal Description: Lot 1 Sec 7 Figure 8 Island
- Tax Book Number: 13
- Tax Map Number: 18
- Tax Year: 2023
- Tax Assessed Value: $3,383,600.00
- Parcel Number: R04520-001-022-000
- Association: Yes
- Tax Annual Amount: $17,679.31
- Legal Taxes: HOA: Yes
- Legal and Taxes: Deed Book: 6023
- Legal Taxes: Deed Page: 651.0
- Legal Taxes: Legal: Lot 1 Sec 7 Figure 8 Island
- Legal Taxes: PID: R04520-001-022-000
- Legal Taxes: Plat Book: 13
- Legal Taxes: Plat Page: 18
- Legal and Taxes: Tax Identifier: R04520-001-022-000
- Legal Taxes: Tax Assessed Value: $3,383,600.00
- Legal Taxes: Total Real Estate Property Taxes: $17,679.31
- Legal Taxes: Tax Year: 2023
- Home Warranty Amount: $850.00
Parking
- Carport Spaces: .00
- Attached Garage: No
- Attached Garage Spaces: 2.00
- Detached Garage Spaces: .00
- Total Carport Spaces: .00
- Parking Driveway: On Site: Yes
- Parking Driveway: Paved: Yes
Property
Lot Information
- Lot Features: Interior Lot
- Lot Size Units: Acres
- Lot Size Acres: 0.51
- Lot Size Area: 0.51
- Living Area: 5985.0
- Lot Size Dimensions: Per original Plat
- Building Area Total: 5985.0
- Lot Size Square Feet: 22390.0
- Lot Dimensions: Per original Plat
- Lot Acres: 0.51
- Lot Sq Ft: 22390.0
- Total Sq Ft - Heated (Primary Separate): 5985.0
- Lot Water Features: Bulkhead: Yes
- Lot Water Features: I C W View: Yes
- Lot Water Features: Marsh View: Yes
- Lot Water Features: Ocean View: Yes
- Lot Water Features: Water View: Yes
Property and Assessments
- Structure Type: Wood Frame
- New Construction: No
- Year Built: 2002
- Construction Type: Stick Built
- Property Exterior Info: New Construction: No
- Cobra Zone: No
- Federal Flood Insurance Available: Yes
- Special Assessments: Masons Inlet Maintenance etal
- Construction: Wood Frame: Yes
- Foundation: Pilings: Yes
- Foundation: Slab: Yes
Utilities
- Sewer: Septic On Site
- Utilities: Community Water
- Utilities: Community Water: Yes
- Utilities: Septic On Site: Yes
Interior and Exterior Features
Exterior Features
- Stories: 3
- Stories Levels: 3 Story or More: Yes
- Association Amenities: Beach Access, Beach Rights, Gated, Jogging Path, Maint - Comm Areas, Ramp, Tennis Court(s), Trash, Owner Pets Only
- Construction Materials: Cedar, Shake Siding
- Roof: Shake
- Fencing: None
- Other Structures: Storage
- Exterior Features: Shutters - Board/Hurricane, Outdoor Shower, Irrigation System, Exterior Kitchen
- Patio And Porch Features: Open, Covered, Deck, Patio, Porch, Screened
- Window Features: Blinds
- Exterior Features: Exterior Kitchen: Yes
- Exterior Features: Irrigation System: Yes
- Exterior Features: Outdoor Shower: Yes
- Exterior Features: Shutters - Board Hurricane: Yes
- Fencing: None: Yes
- Fuel Tank: Propane Buried: Yes
- Fuel Tank Ownership: Owned: Yes
- Porch Balcony Deck: Covered: Yes
- Porch Balcony Deck: Deck: Yes
- Porch Balcony Deck: Open: Yes
- Porch Balcony Deck: Patio: Yes
- Porch Balcony Deck: Porch: Yes
- Porch Balcony Deck: Screened: Yes
- On-Site Pool Spa: None: Yes
- Exterior Structures: Storage: Yes
- HOA and Neigh Amenities: Ramp: Yes
- HOA and Neigh Amenities: Owner Pets Only: Yes
- Foundation Details: Other, Slab
Interior Features
- Levels: Three Or More
- Flooring: Tile, Wood
- 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)
- Cooling: Central Air
- Fireplace Features: Gas Log
- Heating: Heat Pump, Electric
- Laundry Features: Inside
- Bathrooms Total Integer: 7
- Rooms Total: 7
- Bathrooms Total Decimal: 6.00
- Bathrooms Total Notational: 5.20
- Cooling: Yes
- Heating: Yes
- Fireplace: Yes
- Bedrooms Total: 5
- Bathrooms Full: 5
- Bathrooms Half: 2
- Master Bedroom Level: Primary Living Area
- # Rooms: 7.00
- # Baths - Full: 5.00
- # Baths - Half: 2.00
- Property Interior Info- # Baths - Total: 7.00
- Property Interior Info: Stories: 3.00
- Flooring: Tile: Yes
- Flooring: Wood: Yes
- Cooling System: Central: Yes
- Heating System: Electric: Yes
- Interior Features: 9 Ft Ceilings: Yes
- Interior Features: Blinds Shades: Yes
- Interior Features: Ceiling - Vaulted: Yes
- Interior Features: Elevator: Yes
- Rooms: Foyer: Yes
Multi Family
Unit 1
- Occupied: True
- Heating: Heat Pump: Yes
Property History for 1 Banks Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1 Banks Road
Taxable ValueLand$2,359,600Additions$1,024,000Total$3,383,600
Tax Record2024$17,753 ($1,479 / month)
Home Facts
Beds3Baths4.5Total Finished SqFt6,226 SqFtAbove Grade Finished SqFt6,226 SqFtStories2Lot Size22,216 SqFtStyleSingle Family ResidenceYear Built2002ZoningR-20SCountyNEW HANOVERAPNR04520-001-022-000Fireplace TypeHas Fireplace
Schools near 1 Banks Road
This home is within New Hanover County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Porters Neck Elementary PublicK to 5 | ||
Holly Shelter Middle School Public6 to 8 | ||
Emsley A Laney High Public9 to 12 | ||
D.C. Virgo Preparatory Academy Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Figure Eight Realty
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 08/14/2024 10:11 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS
