1 Banks Rd Wilmington, NC 28411

$9,200,000
5 beds
5 full, 2 partial
5,985 sqft
0.5 acres
$1,537 / sqft
House

Property details

About 1 Banks Rd

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.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size5,985 sqft
Lot size0.51 Acres
Year built2002
ParkingGarage Door Opener, On Site, Paved
MLS #100459191
Attached garage2 spaces
WaterfrontSeawall, Marsh/Swamp, Sound
Fireplace1

Summary

  • MLS Number: 100459191
  • Office Name: Figure Eight Realty

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$9,200,000

1 Banks Rd

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Price information

Property sales

DateEventPrice
Dec 09, 2016
Home Sold
$3,537,500

Tax history

YearAssessmentProperty Tax
2023$3,383,600$17,747
2022$3,383,600$17,916
2021$3,383,600$18,537
2020$3,450,800$21,826
2019$3,413,200$21,588
2018$3,413,200$21,588
2017$3,413,200$16,860

History based on county public records data.

Nearby schools

7

Porters Neck Elementary School

Public District KG-5

2.2 mi

416 Edgewater Club Rd

8

Ogden Elementary School

Public District KG-5

3.2 mi

3637 Middle Sound Rd

8

Wrightsville Beach Elementary School

Public District KG-5

4.0 mi

220 Coral Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,202. The most common annual income of people living in Wilmington, NC is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
44%
35k-100k
35%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
5%
Single, with Kids
39%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
11%
18-34 yrs old
48%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Frequently asked questions

About 1 Banks Rd

This home is located at 1 Banks Rd in Wilmington, NC and zip code 28411 in the Figure 8 Island neighborhood. This 5,985 square foot home, which was built in 2002, sits on a 0.51 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since August 3, 2024 and is currently priced at $9,200,000.

Wilmington, NC housing market in December 2024 saw over 44 listings sold above listed price, more than 52 sold at listed price and over 175 sold below. Between November and December 2024, Wilmington, NC real estate market has seen decrease in the number of listings by 8.6%. In December 2024 median list price was $432,426 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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