$4,900,000
Wilmington, NC 28409
MLS# 100046763
Status: Closed
6 beds | 7 baths | 6990 sqft
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Property Description
Live Oaks, a home of distinction and historical significance, sits proudly on seven acres of high bluffs overlooking the pristine waters of Masonboro Sound and Masonboro Island. This stretch of Wilmington waterfront is highly sought after and home to many fine estates, both new and historical. Live Oaks was designed by the renowned architect, Henry Bacon, who famously designed the Lincoln Memorial. The two-story Italian Renaissance style home is octagonal and crowned by a handsomely detailed, glazed cupola, and topped by a pineapple-shaped finial. The most prominent building material is coquina, made from local seashells. The first story is completely encircled by a one-story porch, which harmoniously repeats the octagonal form. Rising above the concrete coquina piers are two-story
Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Closed
Effective Date: 2017-02-07
Delayed Marketing Date (DM): 2017-02-07
Auction: No
Listing Price: 5400000
Current Price: $4,900,000
List Price/SqFt: 772.53
Sub Agent Comm $/%: %
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 7521
Street Name: Masonboro Sound
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28409
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.175083
Geo Lon: -77.849312
Remarks and Showing
Directions to Property: From Oleander Drive, turn onto Pine Grove Drive. Follow for 3 1/2 miles to and turn left onto Masonboro Sound Road. Property will be on the left.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 7
Lot SqFt: 304920
Lot Dimensions: Irregular
Waterfront: Yes
Waterview: Yes
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 6990
Total SqFt - Heated (Primary + Separate): 6990
# Rooms: 12
# Baths - Full: 6
# Baths - Half: 1
# Baths - Total: 7
# Bedrooms: 6
Master Bedroom Level: Primary Living Area
Stories: 2
Legal & Taxes
Tax Assessed Value: 209100
Deed Book: 5929
Deed Page: 557
Legal: LOT 1 GOUDARZI TRACTS
Broker Owner: No
PID: R06700022134000
Tax Identifier: R06700-002-134-000
Plat Book: 0000
Plat Page: 0000
Special Assessments: None
Tax Year: 2015
Year Built: 1913
Zoning: R-20
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: New Hanover
Elementary School: Masonboro
Middle School: Roland Grise
High School: Hoggard
Status Change Info
Under Contract Date: 2017-11-27
Sold Price: $4,900,000
Sold Date: 2018-02-28
Garage & Parking
Detached Garage Spaces: 4
Total # Garage Spaces: 4
Driveway Spaces: 10
Rooms
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Second
Family Room Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Other Level: First
Property Features
Frontage Type: ICW Front
View Type: ICW View; Water View
Attic: Floored; Walk-In
Basement: Finished - No; Outside Entrance
Construction: Concrete
Exterior Features: Security Lighting
Exterior Finish: See Remarks
Fencing: None
Foundation: Block
Fuel Tank: Propane Buried
Fuel Tank Ownership: Owned
Parking Features: Circular; Off Street; Paved
Patio and Porch Features: Balcony; Covered; Deck; Open; Patio; Porch
Roof: Slate
Stories/Levels: Two
Road Type/Frontage: Paved; Public (City/Cty/St)
Lot Water Features: Deeded Water Rights
Cooling: Central
Heating: Forced Air
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: Dishwasher; Disposal; Dryer; Ice Maker; Refrigerator; Stove/Oven - Electric; Vent Hood; Washer
Fireplace: 3+
Flooring: Tile; Wood
Interior Features: Blinds/Shades; Ceiling - Vaulted; Foyer; Skylights; Smoke Detectors; Walk-in Shower; Wet Bar
Laundry Features: Room
Heated SqFt: 6500 - 6999
Dining Room Type: Formal
HOA and Neigh Amenities: No Amenities
Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Family Room; Kitchen; Living Room; Master Bedroom; Other
Terms: Cash; Conventional
Supplements
porticos, which are balustrade and provide sleeping porches for the second story bedrooms. Towering live oak trees, blooming shrubs, grape arbors, gardens, and stately magnolias grace the landscape and reaffirm the vital connection between architecture, land and sky. Live Oaks was a summer playground for rich and famous in the early 20th century with the likes of the Vanderbilts and Astors as frequent visitors. Renovated in 1991 and 1992, it is said that one worker spent a month polishing brass doorknobs and hinges. This property may be purchased as is on Lot 2 for $3,600,000 or with the adjacent lots 1 & 3 to then exceed 7 acres for $5,75,000. Please see MLS#100047104 and MLS#100046752.
Room Information
| Room Name | Length | Width | Level |
| Kitchen | 15.00 | 16.00 | First |
| Living Room | 19.00 | 16.00 | First |
| Family Room | 24.00 | 16.00 | First |
| Master Bedroom | 24.00 | 16.00 | Second |
| Bedroom 2 | 24.00 | 16.00 | Second |
| Bedroom 3 | 24.00 | 15.00 | Second |
| Bedroom 4 | 19.00 | 16.00 | Second |
| Bedroom 5 | 14.00 | 15.00 | Second |
| Other | 24.00 | 16.00 | First |
Listing Office: Landmark Sotheby's International Realty
Last Updated: January - 16 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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