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$9,200,000

Listing Price

5beds

7baths

6,226sqft

22,216sqft lot

1 Banks Rd, Wilmington, NC 28411

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

1458.62

Price / sqft

2002

Year built

Home Details

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. Offer

Interior Details

Square Feet
  • 6226

Bedrooms
  • 5

Bathrooms
  • 7

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 22216

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Basement

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Custom Design

Exterior
  • Wood Shingle

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$21,826

$2,486,800

$964,000

--%

$3,450,800

2019

$21,588

$2,486,800

$926,400

--%

$3,413,200

2018

$21,588

$2,486,800

$926,400

--%

$3,413,200

2017

$22,100

$2,486,800

$926,400

--%

$3,413,200

2016

$16,860

$1,390,800

$1,042,100

--%

$2,432,900

2014

$15,400

$1,390,800

$1,042,100

--%

$2,432,900

2013

$15,400

$1,390,800

$1,042,100

--%

$2,432,900

2012

$15,400

$1,390,800

$1,042,100

--%

$2,432,900

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Average Home Price in 28411

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$8,483,702

5 Beds

6 Baths

5,576 Sqft

16,988 Lot (sqft)

Sold 09/14/2026

$9,200,000

5 Beds

7 Baths

6,226 Sqft

22,216 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
9,200,000
$
Down payment
1,840,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
55,200
$
HOA (Monthly)
0
$
PMI
0
$
$59,554
Your Payment
Total Monthly Payment:$59,554
Percent of Income:1021%
Affordable:No

Details for 1 BANKS RD

Property Debt

Foreclosure Contact Details