5116 Folklore Way, Wilmington, NC 28412

$854,900
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,943 Lot Size (sq. ft.): 7,797 Status: Active
Current Price: $854,900 List Date: 4/24/2025 Last Modified: 12/03/2025

Description

The BROOKSHIRE by Charter Building Group! This wonderful 3 BR and 2 Full Bath and 1 Half Bath home is a Proposed Construction home with views overlooking the Cape Fear River. Home also includes a dedicated Office/Den and Upstairs Gathering Room with a covered Porch that will offer expansive river views! If this home doesn't fit your needs we can build your dream home in RIVERLIGHTS, a WATERFRONT community with state of the art amenities and friendly vibes. Charter Building Group homes feature modern interior finishes, oversized windows, quality craftsmanship and spacious outdoor living spaces. This location is very close to the RIVER LIGHTS LAKE, widely known for its easy access, spouting fountains and great kayaking. Home ownership includes use of this lake, the beautiful RIVER LIGHTS CLUBHOUSE, pool, fitness facility, wonderful trails and outdoor gathering areas. Plus enjoy shopping, dining and River Front boardwalk at nearby Marina Village. To learn more about Charter Building Group homes and lot offerings please visit our model home at 1001 Trisail Terrace. Model Open Mon-Sat 10am-5pm and Sun 12pm-5pm.

More Information MLS# 100503219

Building/Ext Features

ud_i_08: 1

Property Interior Info

Total SqFt - Heated (Primary + Separate): 2943 # Rooms: 9 # Baths - Full: 2 # Baths - Half: 1 # Baths - Total: 3 Master Bedroom Level: Primary Living Area Stories: 2 Fireplace Y/N: Yes SqFt - Heated (Primary): 2943 # Bedrooms: 3

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built List Price/SqFt: 290.49 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-04-24 Listing Price: 854900 Current Price: $854,900

Location Information

City Limits: Yes Marketing City: Wilmington Street #: 5116 Street Name: Folklore Street Suffix: Way County: New Hanover State/Province: NC Zip Code: 28412 Subdivision: Riverlights Geo Lat: 34.13866 Geo Lon: -77.931537

Remarks and Showing

Sign on Property: Yes Directions to Property: Follow Independence to River Road and turn Left, Follow River Road to second roundabout and take first right in roundabout onto Gathering Road. Take first Right onto Trisail Terrace, and then take the next a Left onto Folklore Way. This home will be down on the Right.

Property Exterior Info

New Construction: Yes Presale: No Est. Complete Date: 2026-03-31 Lot Acres: 0.18 Lot Dimensions: 65' x 120' x 65' x 120' Lot SqFt: 7797 Waterfront: No Waterview: Yes Location Type: Mainland

Legal & Taxes

Tax Assessed Value: 366100 Total Real Estate Property Taxes: 3185.07 Deed Book: 6730 Deed Page: 946 Legal: LOT 563 PH V/VI SEC VII RIVERLIGHTS SINGLE FAMILY DIV Broker Owner: No PID: R07000-008-019-000 Tax Identifier: R07000-008-019-000 Plat Book: 73 Plat Page: 235 Lot #: 563 Special Assessments: None Tax Year: 2024 Zoning: R-7 HOA: Yes Cobra Zone: No School District: New Hanover Elementary School: Williams Middle School: Myrtle Grove High School: New Hanover

Garage & Parking

Attached Garage Spaces: 2 Detached Garage Spaces: 0 Total # Garage Spaces: 2 Total Carport Spaces: 0

Parking Features

Garage Door Opener: 1 Garage Faces Front: 1

HOA and Neigh Amenities

Clubhouse: 1 Comm Garden: 1 Community Pool: 1 Dog Park: 1 Fitness Center: 1 Game Room: 1 Maint - Comm Areas: 1 Meeting Room: 1 Park: 1 Party Room: 1 Picnic Area: 1 Playground: 1 Sidewalk: 1 Street Lights: 1 Trail(s): 1

HOA

Association Fee 1/Year: 1740 Association Name: Riverlights HOA Association Phone: 910679301 HOA 1 Mgmt. Company: Premier Management

Attic

Floored - Partial: 1

Basement

None: 1

Frontage Type

River: 1

View Type

River: 1

Construction

Wood Frame: 1

Unit Type

3 Bedroom: 1

Lot Water Features

None: 1

Current Service Providers

Electric Provider: Duke Energy Internet Service Provider(s): AT&T or SPECTRUM Natural Gas Provider: Piedmont Natural Gas Co. Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Exterior Finish

Brick: 1 Fiber Cement: 1

Terms

Cash: 1 Construction to Perm.: 1 Conventional: 1 VA Loan: 1

Fencing

None: 1

Foundation

Raised: 1 Slab: 1

Flooring

Carpet: 1 Laminate: 1 Wood: 1

Patio and Porch Features

Covered: 1 Porch: 1 Screened: 1

Roof

Architectural Shingle: 1

Levels

Two: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Lot Features

Corner Lot: 1 Level: 1

Cooling

Central Air: 1 Zoned: 1

Heated SqFt

2800 - 2999: 1

Heating

Forced Air: 1 Heat Pump: 1 Zoned: 1

Heating System Fuel Source

Electric: 1

Water Heater

Natural Gas: 1 Tankless: 1

Utilities

Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Appliances/Equip

Built-In Microwave: 1 Dishwasher: 1 Disposal: 1 Electric Oven: 1 Gas Cooktop: 1 Vented Exhaust Fan: 1

Interior Features

Bookcases: 1 Ceiling Fan(s): 1 Entrance Foyer: 1 Gas Log: 1 High Ceilings: 1 Kitchen Island: 1 Master Downstairs: 1 Mud Room: 1 Pantry: 1 Walk-in Shower: 1

Laundry Features

Laundry Room: 1

Dining Room Type

Formal: 1

Rooms

Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Dining Room: 1 Dining Room Level: First Family Room: 1 Family Room Level: Second Kitchen: 1 Kitchen Level: First Laundry: 1 Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First Office: 1 Office Level: First

Legal Taxes

Year Built: 2026

Property Features

Frontage Type: River View Type: River Attic: Floored - Partial Basement: None Construction: Wood Frame Unit Type: 3 Bedroom Exterior Finish: Brick; Fiber Cement Fencing: None Foundation: Raised; Slab Parking Features: Garage Door Opener; Garage Faces Front Patio and Porch Features: Covered; Porch; Screened Roof: Architectural Shingle Levels: Two Lot Features: Corner Lot; Level Lot Water Features: None Cooling: Central Air; Zoned Heating: Forced Air; Heat Pump; Zoned Heating System Fuel Source: Electric Water Heater: Natural Gas; Tankless Utilities: Natural Gas Available; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Flooring: Carpet; Laminate; Wood Interior Features: Bookcases; Ceiling Fan(s); Entrance Foyer; Gas Log; High Ceilings; Kitchen Island; Master Downstairs; Mud Room; Pantry; Walk-in Shower Laundry Features: Laundry Room Heated SqFt: 2800 - 2999 Dining Room Type: Formal HOA and Neigh Amenities: Clubhouse; Comm Garden; Community Pool; Dog Park; Fitness Center; Game Room; Maint - Comm Areas; Meeting Room; Park; Party Room; Picnic Area; Playground; Sidewalk; Street Lights; Trail(s) Rooms: Bedroom 2; Bedroom 3; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Office Terms: Cash; Construction to Perm.; Conventional; VA Loan

Room Information

Master Bedroom Length: 13.00 Width: 17.00 Level: First Bedroom 2 Length: 12.00 Width: 14.00 Level: Second Bedroom 3 Length: 13.00 Width: 13.00 Level: Second Living Room Length: 18.00 Width: 16.00 Level: First Kitchen Length: 12.00 Width: 16.00 Level: First Dining Room Length: 14.00 Width: 8.50 Level: First Office Length: 12.00 Width: 12.00 Level: First Family Room Length: 20.00 Width: 18.00 Level: Second Laundry Length: 8.00 Width: 6.00
Listing Office: Coldwell Banker Sea Coast Advantage
IDX
Last Updated: December - 03 - 2025
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