Date
Details
Price
Change
Source
4/24/2025
Listed
$854,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$854,900
Property Description
The BROOKSHIRE by Charter Building Group! This wonderful 3 BR and 2 Full Bath and 1 Half Bath home is a Proposed Construction home with views overlooking the Cape Fear River. Home also includes a dedicated Office/Den and Upstairs Gathering Room with a covered Porch that will offer expansive river views! If this home doesn't fit your needs we can build your dream home in RIVERLIGHTS, a WATERFRONT community with state of the art amenities and friendly vibes. Charter Building Group homes feature modern interior finishes, oversized windows, quality craftsmanship and spacious outdoor living spaces. This location is very close to the RIVER LIGHTS LAKE, widely known for its easy access, spouting fountains and great kayaking. Home ownership includes use of this lake, the beautiful RIVER LIGHTS CLUBHOUSE, pool, fitness facility, wonderful trails and outdoor gathering areas. Plus enjoy shopping, dining and River Front boardwalk at nearby Marina Village. To learn more about Charter Building Group homes and lot offerings please visit our model home at 1001 Trisail Terrace. Model Open Mon-Sat 10am-5pm and Sun 12pm-5pm.
Full Property Details
Full Property Details for 5116 Folklore Wy
General
- Price: $854,900
- HOA FEE: $145/month
- HOA FEE FREQ.: Annually
- Taxes: $3,185 (2024)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100503219
- Updated: 5/13/2026
- Added to Site: 384 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Master Downstairs, High Ceilings, Entrance Foyer, Mud Room, Bookcases, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Gas Log
- Fireplace: Yes
- Fireplace(s): Gas Log
- Appliances: Vented Exhaust Fan, Gas Cooktop, Electric Oven, Built-In Microwave, Disposal, Dishwasher
- Flooring: Carpet, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Clubhouse, Comm Garden, Community Pool, Dog Park, Fitness Center, Game Room, Maintenance Common Areas, Meeting Room, Park, Party Room, Picnic Area, Playground, Sidewalks, Street Lights, Trail(s)
Exterior
- Porch/Patio/Deck: Covered, Porch, Screened
Parking
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Faces Front, Garage Door Opener
Location
- County: New Hanover
- Subdivision: Riverlights
- Driving Directions: Follow Independence to River Road and turn Left, Follow River Road to second roundabout and take first right in roundabout onto Gathering Road. Take first Right onto Trisail Terrace, and then take the next a Left onto Folklore Way. This home will be down on the Right.
School Information
- High School District: New Hanover
- Elementary School: Williams
- Middle School: Myrtle Grove
- High School: New Hanover
Community
- Association: Yes
- Assoc. Name: Riverlights HOA
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Zoned
- Heating Type: Electric, Forced Air, Heat Pump, Zoned
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick, Fiber Cement, Wood Frame
- Basement Desc.: None
- Roof: Architectural Shingle
- Stories/Levels: 2
- Square Feet: 2,943
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,797
- Lot Dimensions: 65' x 120' x 65' x 120'
- Frontage: City Street, State Road, Paved, Paved
- Lot Features: Level, Corner Lot
- Zoning: R-7
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $290.49
- Association Fee: $1,740
- Assoc Fee Freq.: Annually
- Assessment Amount: $366,100
- Tax Amount: $3,185.07
- Tax Year: 2024
- Terms: Construction to Perm., Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 563 PH V/VI SEC VII RIVERLIGHTS SINGLE FAMILY DIV
- Property ID: R07000-008-019-000
- Lot Number: 563
Listed by Coldwell Banker Sea Coast Advantage, Patrick H Kelly and Coldwell Banker Sea Coast Advantage, Team Holly Overton Marketing Group
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Listing agents
— 5116 Folklore Wy —
Patrick H Kelly
Coldwell Banker Sea Coast Advantage
Team Holly Overton Marketing Group
Coldwell Banker Sea Coast Advantage
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5116 Folklore Wy
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Mary C Williams Elementary 801 Silver Lake Road, Wilmington, NC 28412 | K-5 | 1 mi |
Myrtle Grove Middle 901 Piner Road, Wilmington, NC 28409 | 6-8 | 2.7 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 6.8 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 5116 Folklore Wy
Tax History
Tax History for 5116 Folklore Wy
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$323,500
-12%
2024
—
$366,100
—
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 5116 Folklore Wy
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5116 Folklore Way, Wilmington, NC 28412 (MLS# 100503219) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5116 Folklore Way is currently listed for $854,900 and was received on April 24, 2025. Want to learn more about 5116 Folklore Way? Do you have questions about finding other Single Family real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.