1 Banks Road
Wilmington, NC 28411
- 5 beds
- 6 baths
- 5,985 sqft
- ~1/2 acre lot
- $1,537 per sqft
- 2002 build
- – on site
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.
Listing courtesy of HIVE / Figure Eight Realty
Last checked:
Checking…
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Last updated Aug 14, 2024
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MLS# 100459191 —
The Building
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Year Built:2002
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Construction:Wood Frame
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Construction Type:Stick Built
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Exterior Finish:Cedar, Shake Siding
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Roof:Shake
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Foundation:Pilings, Slab
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Exterior Features:Exterior Kitchen, Irrigation System, Outdoor Shower, Shutters - Board/Hurricane
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Patio and Porch Features:Covered, Deck, Open, Patio, Porch, Screened
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Stories/Levels:3 Story or More
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Stories:3.0
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SqFt - Heated:5,985 Sqft
Interior
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# Rooms:7
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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
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Dining Room Type:Combination
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Flooring:Tile, Wood
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Fireplace:1
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Laundry Features:Room
Location
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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.
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Location Type:Island
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City Limits:No
The Property
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Subtype:Single Family Residence
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Property Type:A
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Lot SqFt:22,390 Sqft
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Lot Dimensions:Per original Plat
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Lot Features:Interior Lot
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Lot Water Features:Bulkhead, Salt Marsh, Second Row, Sound Side, Water Access Comm, Waterfront Comm
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Waterfront:Yes
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View Type:Creek View, ICW View, Marsh View, Ocean View, Sound View, Water View
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Water View:Yes
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Zoning:R-20S
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Horses:No
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Other Structures:Outdoor Kitchen, Storage
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Fencing:None
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Acres Total:0.51
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Frontage Type:Sound Front
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Road Type/Frontage:Paved, Private
Listing Agent
- Contact info:
- Agent phone:
- (910) 686-4400
- Office phone:
- (910) 686-4400
Taxes
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Tax Year:2023
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Property Taxes:$17,679.31
Beds
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Bedrooms:5
Baths
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# Baths - Total:7.00
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# Baths - Full:5
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# Baths - Half:2
Heating & Cooling
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Heating:Heat Pump
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Heated SqFt:5500 - 5999
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Cooling:Central, Heat Pump
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Fuel Tank:Propane Buried
Utilities
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Utilities:Community Water, Septic On Site
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Water Heater:Electric
The Community
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Subdivision:Figure Eight Island
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Secondary Subdivision:N/A
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On-Site Pool/Spa:None
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HOA and Neigh Amenities:Beach Access, Beach Rights, Gated, Jogging Path, Maint - Comm Areas, Owner Pets Only, Ramp, Tennis Court(s), Trash
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HOA: Association Fee 1/Year:6690.00
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HOA:Yes
Parking
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Garage & Parking: Total # Garage Spaces:2.00
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Garage & Parking: Attached Garage Spaces:2.00
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Parking Features:Garage Door Opener, On Site, Paved
Monthly cost estimate
Asking price
$9,200,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$49,263
|
Taxes | $1,473 |
Insurance | $2,530 |
Utilities | $243 See report |
Total | $53,509/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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8/3/24
Aug 3, 2024
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Listed / Active | HIVE | $9,200,000 | 160.1% (20.9% / YR) |
12/9/16
Dec 9, 2016
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HIVE | $3,537,500 |