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$737,400
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Property Description
Lake views set the tone from the moment you arrive. Calm water, shifting light, and a sense of privacy that is hard to find inside a gated community. It feels tucked away, but everything about the home is built for everyday living. New roof and one new HVAC already in place. The main level lives easily. True ranch layout with vaulted ceilings that open the space and pull in the view. Hardwood floors run through the core living areas, grounded by a fireplace in the family room and a dining area positioned to take in the water. The kitchen is substantial and well thought out. Gas cooktop, stainless appliances, custom finishes, and solid doors throughout. It's the kind of space that works just as well for a quiet morning as it does when the house is full. A dedicated office sits on the main level, set apart enough for focus without feeling disconnected. The primary suite is generous, with tray ceilings, two walk-in closets, and a bath designed for function and comfort. Dual vanities, a jetted tub, and a separate shower all in place. Downstairs, the finished walkout basement expands the footprint in a meaningful way. Two additional bedrooms, a full bath, and a large recreation room that opens directly to a 15x32 patio and the backyard beyond. There's also a substantial unfinished area ready to be built out or kept as storage, depending on your needs. The setting carries outside. A circular driveway offers a welcoming approach, and the deep two-car garage gives you room to spread out. The structure and systems are solid. The finishes are clean and ready for someone to make their own. Quality construction, a waterfront lot, and a flexible layout that works now and adapts over time. It's a rare combination of move-in ready and open-ended potential in a setting that speaks for itself.
Full Property Details
Full Property Details for 1113 Falling Stream
General
- Price: $737,400
- HOA FEE: $119/month
- HOA FEE FREQ.: Annually
- Taxes: $4,602
- Status: Active
- Type: Single Family
- Source: 2218
- MLS ID: 10181224
- Updated: 7/20/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Master Downstairs, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Washer/Dryer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room, Main Level
Additional Information
- Shared Amenities: Clubhouse, Pool
- Pool: Yes
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Deck, Patio, Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage, Garage Faces Front
Location
- County: Lee
- Subdivision: Carolina Trace
- Driving Directions: From US-1 in Sanford, take NC-87 N toward Cameron, turn into Carolina Trace, continue on Traceway South, turn onto Falling Stream, home will be on the left.
School Information
- Elementary School: Lee - J Glenn Edwards Elementary School
- Middle School: Lee - East Lee Middle School
- High School: Lee - Lee County High School
Community
- Association: Yes
- Assoc. Fees Include: Road Maintenance
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial, Ranch, Traditional
- Structure Type: Site Built
- Exterior Const.: Brick Veneer
- Basement: Yes
- Basement Desc.: Partially Finished, Storage Space, Walk-Out Access
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 4252
- Square Feet: 4,252
- Finished Above Grnd: 2,878 Sq. Ft.
- Finished Below Grnd: 1,374 Sq. Ft.
- Year Built: 2000
Lot Features
- Property View: Lake, Trees/Woods
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939.2
- Street/Road Desc.: Paved
- Lot Features: Agricultural, Close to Clubhouse, Front Yard, Hardwood Trees, On Golf Course, Waterfront
- Zoning: RR
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $1,425
- Assoc Fee Freq.: Annually
- Tax Amount: $4,602.83
Disclosures and Reports
- Special Conditions: Trust
- Property ID: 966094507300
- Lot Number: 1113
Listed by Compass -- Raleigh, Dana Ellington (919) 622-5051
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Schools
Schools serving 1113 Falling Stream
School District:Lee County Schools
| Name | Grades | Distance |
|---|---|---|
J Glenn Edwards Elementary School 3115 Cemetery Road, Sanford, NC 27332 | K-5 | 3.4 mi |
East Lee Middle School 1337 Broadway Rd, Sanford, NC 27330 | 6-8 | 3.6 mi |
Lee County High School 1708 Nash Street, Sanford, NC 27330 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1113 Falling Stream
Date
Details
Price
Change
Source
7/17/2026
Listed
$737,400
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1113 Falling Stream
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,763
2%
$581,900
—
2024
$4,677
1%
$581,900
—
2023
$4,653
19%
$581,900
31%
2022
$3,900
-3%
$444,500
—
2021
$4,020
-1%
$444,500
—
2020
$4,064
-8%
$444,500
-8%
2018
$4,399
—
$481,100
—
2017
$4,393
—
$481,100
—
2016
$4,386
1%
$481,100
—
2015
$4,358
9%
$481,100
8%
2019
$4,015
1%
$444,500
-8%
2014
$3,968
1%
$481,100
—
2013
$3,944
—
$481,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1113 Falling Stream
1113 Falling Stream, Sanford, NC 27332 (MLS# 10181224) is a Single Family property with 5 bedrooms and 3 full bathrooms. 1113 Falling Stream is currently listed for $737,400 and was received on July 17, 2026. Want to learn more about 1113 Falling Stream? Do you have questions about finding other Single Family real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

