1 Banks Rd, Wilmington, NC 28411

$8,600,000
5
BD
7
BA
5,985
SqFt

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Sold Price
$8,600,000
List Price
$9,200,000
Status
CLOSED
MLS#
100459191
Closing Date
Mar 18, 2025
Days on Market
3
Year Built
2002
Levels
Three Or More
Bedrooms
5
Bathrooms
7
Half-baths
2
Full-baths
5
Living Area
5,985
Acres
0.51
Neighborhood
Figure Eight Island

Property 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.

Additional Information

HOA (annual)
$6,690
Available Amenities
Waterfront Community, Beach Access, Beach Rights, Gated, Jogging Path, Maintenance Common Areas, Ramp, Tennis Court(s), Trash, Owner Pets Only
Interior Features
Walk-In Closet(s), Vaulted/Cathedral Ceilings, High Ceilings, Entrance Foyer, Solid Surface Counter, Bookcases, Kitchen Island, Ceiling Fans, Elevator, Pantry, Reverse Floor Plan, Walk-In Shower, Drapes/Blinds, Gas Logs, Walk-In Closet(s)
Cooling
Central Air, Heat Pump
Heating
Heat Pump, Electric
Foundation
Other, Slab, Pilings
Roof
Shake
Exterior Features
Storm Security Shutters, Outdoor Shower, Irrigation System, Outdoor Kitchen
Lot Information
Irregular Lot
Waterfront
Yes
Utilities
Water Available
Lot Water Features
Bulkhead, Marsh, Second Row, Sound, Water Access Comm
Water
Public
Elementary School
Porters Neck
Middle School
Holly Shelter
High School
Laney

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Calculator source: Real Geeks

Listing courtesy of Figure Eight Realty. Selling Office: Figure Eight Realty.

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