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301 Fair Lakes Drive, Wilmington, NC 28405

$1,465,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 7,061 Lot Size (sq. ft.): 69,827 Status: Closed
Current Price: $1,465,000 List Date: 9/21/2022 Last Modified: 3/09/2023

Description

This Stunning Estate Home, located in the coveted Highland Ridge Area of Landfall, is situated atop a massive, 1.6 Acre Double Lot at the foot of Fair Lakes Drive on a cul-de-sac. Accented by a large circular drive with mature landscaping, the scene as you approach this stately home, with it's Shake Roof, Double Front Covered Porches, Dormers, and Widows Watch, is absolutely breathtaking. NOTE: The homes first floor hardwood flooring was damaged as a result of blowing rain to crawl space during Florence & other updating & repairs needed. Consider adding beautiful wide plank flooring & your desired updates to modernize and restore this home to a fresh version of it's original grandeur. A large foyer with towering ceilings and twin spiraling staircases lead to circular railing throughout the entrance. This magnificent, well built home, loaded with features, includes four very large Guest rooms, four and one half baths, an additional (fifth)bedroom situated over the garage with private rear entrance and ensuite bath, private Dining Room, Large kitchen with Island, Butler's Pantry, Spacious Breakfast Area, Living Room, Family Room, Office, and Laundry Room. At the top of the spiraled staircase you'll find a huge Master Suite with large en-suite Bath, his and hers walk in closets with custom cabinetry, an elevated Soaking Tub, and Shower. There are two large guest rooms on the North side of the home with individual walk in closets and shared bath. On the South side there is another large Guest Room with walk-in closet and en-suite full bath. The third floor features a near 750 SF Media and Entertainment Room, currently used a Theatre Room and has Pool Table, Ping Pong Table and pull down stairs to access the Widow's Watch on the Roof Top with incredible views. From the 4th Level. Want even more? The property allows room for additions or perhaps add a separate Guest Cottage, with City and Development's approval, or large Private Garden Area on the North Lawn

Supplements: The rear of the home also features two decks overlooking the fenced back yard, in ground Pool and Spa. The home is very close to the Military Cutoff gate, and close proximity to Mayfair, various Grocery options, outstanding Restaurants, and area beaches. Small Chandelier over tub, Movie Projector and screen do not convey.

More Information MLS# 100350289

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Effective Date: 2022-09-20 Delayed Marketing Date (DM): 2022-09-20 Auction: No Listing Price: 1690000 Current Price: $1,465,000 List Price/SqFt: 239.34 Sub Agent Comm $/%: % Buyer Agent Comm: 2.75 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 301 Street Name: Fair Lakes Street Suffix: Drive County: New Hanover State/Province: NC Zip Code: 28405 City Limits: Yes Marketing City: Wilmington Subdivision: Landfall Secondary Subdivision: The Highlands Geo Lat: 34.252589 Geo Lon: -77.818935

Remarks and Showing

Directions to Property: Enter through Military Cutoff Gate, after crossing bridge, turn left onto Fair Lakes Dr. Home is straight ahead, at the end, in the Cul de sac. Sign on Property: No

Property Exterior Info

New Construction: No Lot Acres: 1.6 Lot SqFt: 69827 Lot Dimensions: 99 X 160 X 344 X 314 Waterfront: No Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 7061 Total SqFt - Heated (Primary + Separate): 7061 # Rooms: 12 # Baths - Full: 4 # Baths - Half: 1 # Baths - Total: 5 # Bedrooms: 5 Master Bedroom Level: Non Primary Living Area Stories: 3

Legal & Taxes

Tax Assessed Value: 1367600 Total Real Estate Property Taxes: 11624.6 Deed Book: 4975 Deed Page: 350 Legal: (1.60 A)LT 29R BLK 23 LANDFALL SUBDIVISION Broker Owner: No PID: R05105-005-010-000 Tax Identifier: R05105-005-010-000 Plat Book: N/A Plat Page: N/A Lot #: 29R Special Assessments: None Tax Year: 2022 Year Built: 1999 Zoning: R-20 HOA: Yes Cobra Zone: No Elementary School: Wrightsville Beach Middle School: Noble High School: New Hanover

Status Change Info

Under Contract Date: 2022-11-20 Sold Price: $1,465,000 Sold Date: 2023-02-13

Garage & Parking

Attached Garage Spaces: 2 Total # Garage Spaces: 2

Current Service Providers

Electric Provider: Duke Energy Sewer Provider: Cape Fear Public Utility Authority

Separate Living Spcs

Addl w/Sep Ent Desc: One Bed/One Bath

HOA

Association Fee 1/Year: 4095 HOA 1 Mgmt. Company: LANDFALL COA HOA 1 Mgmt. Phone: 910-256-7651

Rooms

Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Second Bedroom 5 Level: Second Breakfast Nook Level: First Dining Room Level: First Family Room Level: First Kitchen Level: First Living Room Level: First Master Bedroom Level: Second Media Room Level: Third Office Level: First

Property Features

Attic: Eave Storage Construction: Wood Frame Exterior Features: Irrigation System; Thermal Windows Exterior Finish: Wood Siding Fencing: Back Yard; Metal/Ornamental Foundation: Crawl Space Fuel Tank: Propane Buried Fuel Tank Ownership: Owned Parking Features: Circular; Concrete; Off Street; On Site Patio and Porch Features: Balcony; Covered; Patio; Porch On-Site Pool/Spa: In Ground; See Remarks Roof: Shake Stories/Levels: 3 Story or More Lot Features: Cul-de-Sac Lot Road Type/Frontage: Maintained; Paved; Private Cooling: Central; Heat Pump Heating: Fireplace(s); Forced Air; Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Municipal Sewer Available; Municipal Water Available Appliances/Equip: Bar Refrigerator; Cooktop - Electric; Dishwasher; Disposal; Double Oven; Downdraft; Dryer; Ice Maker; Microwave - Built-In; Refrigerator; Wall Oven; Washer Fireplace: 3+ Flooring: Carpet; Tile; Wood Interior Features: 9Ft+ Ceilings; Blinds/Shades; Bookcases; Ceiling Fan(s); Foyer; Gas Logs; Home Theater; In-Law Quarters; Intercom/Music; Kitchen Island; Pantry; Security System; Smoke Detectors; Solid Surface; Walk-in Shower; Walk-In Closet Laundry Features: Room Heated SqFt: 7000 - 7499 Dining Room Type: Formal HOA and Neigh Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Golf Course; Maint - Comm Areas; Maint - Roads; Management; Park; Pickleball; Security; Street Lights; Taxes; Trail(s) Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Breakfast Nook; Dining Room; Family Room; Kitchen; Living Room; Master Bedroom; Media Room; Office Terms: Cash; Conventional

Room Information

Master Bedroom Length: 24.00 Width: 14.00 Level: Second Bedroom 2 Length: 14.50 Width: 13.00 Level: Second Bedroom 3 Length: 14.50 Width: 13.00 Level: Second Bedroom 4 Length: 17.00 Width: 14.50 Level: Second Kitchen Length: 19.00 Width: 13.00 Level: First Breakfast Nook Length: 14.50 Width: 13.00 Level: First Living Room Length: 26.00 Width: 14.50 Level: First Dining Room Length: 19.00 Width: 14.50 Level: First Family Room Length: 24.00 Width: 17.50 Level: First Office Length: 18.50 Width: 14.50 Level: First Bedroom 5 Length: 14.00 Width: 13.00 Level: Second Remarks: Guest Suite over Garage w/ Private Entrance Media Room Length: 32.50 Width: 23.50 Level: Third
Listing Office: Intracoastal Realty Corp
Last Updated: March - 09 - 2023
301 Fair Lakes Drive, Wilmington, NC 28405- MLS# 100350289
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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