1116 Falling Stream, Sanford, NC 27332 - Photo 1

1/1

$400,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1 Partial Bath
2,323 Sq. Ft.
0.64 Acres
2 Car Garage

1/1

Property Description

Back on the market at no fault to the sellers! See agent remarks! Calling all Mid-Century Modern lovers! This is a diamond in the rough. It needs some work and is priced accordingly but has SUCH potential! Experience the epitome of lakeside living in this architecturally significant home designed by Arthur Cogswell, nestled on the serene shores of Lake Trace in the prestigious Carolina Trace community. The residence features 3 bedrooms and 2.5 bathrooms, providing ample space for comfortable living. You'll love the gourmet kitchen: The kitchen is equipped with granite and Corian countertops, Kraft Maid maple cabinets, and a stylestone peninsula, perfect for culinary enthusiasts. The property boasts a detached garage with an unfinished upstairs space, offering potential for customization and beautiful lake front pathways.

Full Property Details

Full Property Details for 1116 Falling Stream

General

Sold For: $400,000
HOA FEE: $73/month
HOA FEE FREQ.: Annually
Status: Closed
Type: Single Family
Source: 2218
MLS ID: LP744892
Added to Site: 251 day(s) ago

Interior

Number of Rooms: 9
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, Kitchen Island, Kitchen/Dining Room Combination, Storage, Walk-In Closet(s)
Number of Fireplaces: 1
Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer
Flooring: Hardwood, Tile, Vinyl

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Inside, Main Level

Additional Information

Pool: Yes
Pool Description: Community

Exterior

Exterior Features: Balcony
Porch/Patio/Deck: Covered, Deck, Front Porch, Porch, Rear Porch, Screened

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Detached

Location

County: Lee
Subdivision: Carolina Trace
Driving Directions: Use Google Maps / GPS from your location

Community

Association: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Air, Electric
Heating Type: Forced Air

Structural Information

Basement: Yes
Basement Desc.: Partially Finished
Building Size: 2323
Square Feet: 2,323
Year Built: 1975

Lot Features

Lot Size (Acres): 0.64
Lot Size (Sq. Ft.): 27,878.4
Street/Road Desc.: Paved
Lot Features: Cul-De-Sac, Rolling Slope, Waterfront, Wooded

Financial Considerations

Association Fee: $875
Assoc Fee Freq.: Annually

Disclosures and Reports

Special Conditions: Standard
Property ID: 966094903600
Lot Number: 1116

Listed by Coldwell Banker Advantage - Fayetteville, KATHERINE SMITH (910) 591-9435
Sold by Millwood Realty, Rob Partin

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Listing agent

— 1116 Falling Stream —

KATHERINE SMITH

Coldwell Banker Advantage - Fayetteville

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NMLS#: 1598647

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Schools

Schools serving 1116 Falling Stream

School District:Lee County Schools

Name	Grades	Distance
J Glenn Edwards Elementary School 3115 Cemetery Road, Sanford, NC 27332	K-5	3.5 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1116 Falling Stream

Date

Details

Price

Change

Source

11/18/2025

Sold

$400,000

-2.44%

MLS

11/03/2025

Price Reduced

$410,000

-3.53%

MLS

9/08/2025

Price Reduced

$425,000

-10.53%

MLS

7/22/2025

Price Reduced

$475,000

-9.52%

MLS

7/10/2025

Price Reduced

$525,000

-8.7%

MLS

6/05/2025

Listed

$575,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced

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Single Family
Active
Updated 4 days ago

3
Beds
4
Total Baths

1117 Falling Stream, Sanford, NC 27332 - Photo 1

Sold

$435,000

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Single Family
Closed

3
Beds
3
Total Baths

Listed by Redfin Corporation, Matthew Dover
Sold by HTR Southern Properties, Terrie S Guillou

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$395,000

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Beds
2
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$370,000

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3
Beds
3
Total Baths

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Sold by Russ Gray

1116 Falling Stream, Sanford, NC 27332 (MLS# LP744892) is a Single Family property that was sold at $400,000 on November 18, 2025. Want to learn more about 1116 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.

1116 Falling Stream Sanford, NC 27332