$4,800,000
Wilmington, NC 28411
MLS# 100156176
Status: Closed
4 beds | 7 baths | 6588 sqft
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Property Description
One of Figure Eight Island's most iconic residences located on a private peninsula fronting the channel and surrounded on three sides by water. This magnificent waterfront estate was designed by highly acclaimed mid-century modern architect Ligon Flynn, and built by Jim Farlow. The property boasts four pavilions and multi-level outdoor living areas with gorgeous sound and ocean views that never end. Fantastic details throughout this entertainer's dream include custom reclaimed cypress siding from the Cape Fear River, vaulted ceilings, oak hardwood floors, and indoor outdoor sound system and elevator. Enjoy time with family and friends in the panoramic view kitchen or an outing on the water from your private pier, dock and boat lift.
Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Closed
Effective Date: 2019-03-21
Delayed Marketing Date (DM): 2019-03-21
Auction: No
Listing Price: 5200000
Current Price: $4,800,000
List Price/SqFt: 789.31
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 49
Street Name: Pipers Neck
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28411
City Limits: No
Marketing City: Wilmington
Subdivision: Figure Eight Island
Secondary Subdivision: N/A
Geo Lat: 34.25434
Geo Lon: -77.762954
Remarks and Showing
Directions to Property: From Porters Neck Road, Turn right onto Edgewater Club Rd
Edgewater Club Rd turns slightly right and becomes Bridge Rd
Turn right onto Beach Rd S
Turn right onto Little Neck Rd
Turn left onto Pipers Neck Rd
Destination is at the end of the street.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 1.2
Lot SqFt: 52272
Lot Dimensions: Irregular
Waterfront: Yes
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 6588
Total SqFt - Heated (Primary + Separate): 6588
# Rooms: 13
# Baths - Full: 4
# Baths - Half: 3
# Baths - Total: 7
# Bedrooms: 4
Master Bedroom Level: Primary Living Area
Stories: 3
Legal & Taxes
Tax Assessed Value: 3966800
Deed Book: 6069
Deed Page: 787
Legal: LOT 49R BLK B SEC 11 FIGURE 8
Broker Owner: No
PID: R05207-002-028-000
Tax Identifier: R05207-002-028-000
Special Assessments: None
Tax Year: 2018
Year Built: 2000
Zoning: R-20S
HOA: Yes
Cobra Zone: No
Elementary School: Blair
Middle School: Holly Shelter
High School: Laney
Status Change Info
Under Contract Date: 2019-03-21
Sold Price: $4,800,000
Sold Date: 2019-05-21
Garage & Parking
Attached Garage Spaces: 2
Total # Garage Spaces: 2
HOA
Association Fee 1/Year: 5185
HOA 1 Mgmt. Company: Figure Eight HOA
HOA 1 Mgmt. Phone: 910.686.0635
Property Features
Frontage Type: ICW Front; Sound Front
Handicap Accessible: Elevator
View Type: ICW View; Ocean View; Sound View; Water View
Attic: None
Basement: None
Construction: Wood Frame
Exterior Features: Irrigation System
Exterior Finish: Wood Siding
Fencing: None
Foundation: Pilings
Fuel Tank: Propane Buried
Fuel Tank Ownership: Owned
Parking Features: On Site; Paved
Patio and Porch Features: Deck; Patio; Porch; Screened
On-Site Pool/Spa: None
Roof: Shake
Stories/Levels: 3 Story or More
Lot Features: Dead End; Open
Road Type/Frontage: Paved; Private
Lot Water Features: Boat Dock; Boat Lift; Bulkhead; Water Access Comm; Waterfront Comm
Cooling: Central
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Utilities: Community Water; Septic On Site
Appliances/Equip: Dishwasher; Disposal; Dryer; Microwave - Built-In; Refrigerator; Stove/Oven - Gas; Washer; Water Softener
Fireplace: 2
Flooring: Marble; Tile; Wood
Interior Features: Blinds/Shades; Ceiling - Vaulted; Ceiling Fan(s); Elevator; Gas Logs; Intercom/Music; Security System; Sprinkler System; Wet Bar; Workshop
Heated SqFt: 6500 - 6999
Dining Room Type: Formal
HOA and Neigh Amenities: Boat Dock; Clubhouse; Community Pool; Maint - Comm Areas; Security; Tennis Court(s); Termite Bond; Trash
Terms: Cash; Conventional
Supplements
This spectacular estate has something for everyone and plenty of room to spare with 4 bedrooms, 4 full and 3 half baths, home office, gym, recreation room and multiple living spaces.
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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