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.
Details
Building/Ext Features
ud_i_08: 1
Property Interior Info
Total SqFt - Heated (Primary + Separate): 5985
# Rooms: 7
# Baths - Full: 5
# Baths - Half: 2
# Baths - Total: 7
Master Bedroom Level: Primary Living Area
Stories: 3
Fireplace Y/N: Yes
SqFt - Heated (Primary): 5985
# Bedrooms: 5
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 1537.18
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-08-03
Listing Price: 9200000
Current Price: $8,600,000
Location Information
City Limits: No
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 1
Street Name: Banks
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28411
Subdivision: Figure Eight Island
Geo Lat: 34.259785
Geo Lon: -77.754211
Remarks and Showing
Sign on Property: Yes
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.
Property Exterior Info
New Construction: No
Lot Acres: 0.51
Lot Dimensions: Per original Plat
Lot SqFt: 22390
Waterfront: Yes
Waterview: Yes
Location Type: Island
Horses Y/N: No
Legal & Taxes
Tax Assessed Value: 3383600
Total Real Estate Property Taxes: 17679.31
Deed Book: 6023
Deed Page: 651
Legal: Lot 1 Sec 7 Figure 8 Island
Broker Owner: No
PID: R04520-001-022-000
Tax Identifier: R04520-001-022-000
Plat Book: 13
Plat Page: 18
Special Assessments: Masons Inlet Maintenance etal
HOA and Neigh Amenities: Beach Access; Beach Rights; Gated; Jogging Path; Maint - Comm Areas; Ramp; Tennis Court(s); Trash; Waterfront Community; Owner Pets Only
Terms: Cash
IDX
Listing Office: Figure Eight Realty
Last Updated: March - 21 - 2025
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