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  • $8,600,000

    1 Banks Road, Wilmington, NC 28411

    5beds
    5,985sqft
    Single Family Residence
    Built in 2002
    0.51 Acres lot
    $8,633,100 Zestimate®
    $1,437/sqft
    $558/mo HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2025 at 09:36pm

    Listed by:

    Kirra S Sutton 910-686-4400,

    Figure Eight Realty

    Bought with:

    Jo El J Skipper, 215284

    Figure Eight Realty

    Source: Hive MLS,MLS#: 100459191MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Entrance Foyer, Solid Surface, Bookcases, Kitchen Island, 9Ft+ Ceilings, Vaulted Ceiling(s), Ceiling Fan(s), Elevator, Pantry, Reverse Floor Plan, Walk-in Shower, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Windows: Blinds, Shutters
    • Has fireplace: Yes
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 5,985
    • Total interior livable area: 5,985 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Paved
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Open, Covered, Deck, Patio, Porch, Screened
    • Exterior features: Outdoor Shower, Irrigation System, Outdoor Kitchen
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Marsh View, Ocean, Sound View, Water
    • Has water view: Yes
    • Water view: Marsh View,Ocean,Sound View,Water
    • Waterfront features: Seawall, ICW View, Salt Marsh, Second Row, Sound Side, Water Access Comm, Waterfront Comm, Sound Front
    • Frontage type: Sound Front
    Lot
    • Size: 0.51 Acres
    • Features: Interior Lot
    Details
    • Additional structures: Storage
    • Parcel number: R04520001022000
    • Zoning: R-20S

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Shake Siding, Wood Frame
    • Foundation: Other, Slab
    • Roof: Shake
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Community Water

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Wilmington
    • Subdivision: Figure Eight Island

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $6,690 annually
    • Amenities included: Beach Access, Beach Rights, Gated, Jogging Path, Maint - Comm Areas, Ramp, Tennis Court(s), Trash
    • Association name: Figure Eight Beach HOA
    • Association phone: 910-686-0635

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $8,633,100
    2% more+ $173K
    With Zillow Showcase(estimated)
    $8,805,762