1 Banks Rd Wilmington, NC 28411
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
Summary
- MLS Number: 100459191
- Office Name: Figure Eight Realty
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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
Date | Event | Price |
---|---|---|
Dec 09, 2016 | Home Sold | $3,537,500 |
Tax history
Year | Assessment | Property 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.
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.
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.