1 Banks Road, Wilmington, NC 28411

$9,200,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 5,985 Lot Size (sq. ft.): 22,390 Status: Active
Current Price: $9,200,000 List Date: 8/03/2024 Last Modified: 8/14/2024

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.

More Information MLS# 100459191

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Active Delayed Marketing?: No Marketing Start Date: 2024-08-03 Listing Price: 9200000 Current Price: $9,200,000 List Price/SqFt: 1537.18 Stipulation of Sale: None

Location Information

Street #: 1 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 Geo Lat: 34.259785 Geo Lon: -77.754211

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

Legal Taxes

Year Built: 2002

HOA

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

Property Features

Frontage Type: Sound Front View Type: Creek View; ICW View; Marsh View; Ocean View; Sound View; Water View 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: Propane Buried Fuel Tank Ownership: Owned Parking Features: Garage Door Opener; On Site; Paved Patio and Porch Features: Covered; Deck; Open; Patio; Porch; Screened Roof: Shake Lot Features: Interior Lot Lot Water Features: Bulkhead; Salt Marsh; Second Row; Sound Side; Water Access Comm; Waterfront Comm Cooling: Central; Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Community Water; Septic On Site Fireplace: 1 Flooring: Tile; Wood Furnished: Furnished Interior Features: 9Ft+ Ceilings; Blinds/Shades; Bookcases; Ceiling - Vaulted; Ceiling Fan(s); Elevator; Foyer; Gas Logs; Kitchen Island; Pantry; Reverse Floor Plan; Smoke Detectors; Solid Surface; Walk-in Shower; Walk-In Closet Laundry Features: 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; Owner Pets Only Terms: Cash
Listing Office: Figure Eight Realty
Last Updated: August - 14 - 2024
1 Banks Road, Wilmington, NC 28411- MLS# 100459191
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