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$529,965 Sale Pending
Property Description
Welcome to the Raymond, a thoughtfully crafted home offering 2,229 square feet of well-designed living space that adapts beautifully to a wide range of lifestyles. This residence features three bedrooms, two and a half bathrooms, a private office, and a generous loft, creating a layout that balances everyday comfort with flexibility. At the center of the home is an inviting, upgraded kitchen designed to impress. A large island serves as a striking focal point, enhanced by upgraded pendant lighting. Quartz countertops brighten the space and pair seamlessly with rich brown cabinetry and a stylish tile backsplash. Stainless Steel appliances, a spacious single-basin sink, and upgraded hardware elevate both functionality and visual appeal, making this kitchen ideal for cooking, gathering, and entertaining. The main-level owner's suite offers a peaceful retreat, complete with an ensuite bathroom featuring dual quartz vanities, a walk-in shower with an elegant tile surround and frameless glass door, and a large walk-in closet. Just outside the suite, the conveniently located laundry room adds ease to daily routines. The first floor also includes an open-concept gathering room that flows effortlessly to a screened-in porch, providing the perfect space to relax or host guests. Upstairs, a spacious loft offers endless possibilities, complemented by an additional flex room that can be customized to suit your needs. Two secondary bedrooms and a full bathroom complete the second level, offering privacy and comfort for family members or visitors. Throughout the home, hard surface flooring enhances the main living areas, while plush carpeting adds warmth to the bedrooms. Additional highlights include solid oak stair treads, window blinds, LED lighting, an upgraded interior trim package, a programmable thermostat, a Ring doorbell camera, and a two-car garage. You'll fall in love with the Raymond floorplan the moment you step inside-come see it for yourself today!
Full Property Details
Full Property Details for 5331 Folklore Wy
General
- Price: $529,965
- HOA FEE: $145/month
- HOA FEE FREQ.: Annually
- Taxes: (2026)
- Status: Pending
- Type: Single Family
- Source: 2253
- MLS ID: 100551874
- Updated: 5/13/2026
- Added to Site: 104 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Master Downstairs, Walk-in Closet(s), High Ceilings, Kitchen Island, Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
- Appliances: Gas Oven, Built-In Microwave, Dishwasher, ENERGY STAR Qualified Appliances
- Flooring: LVT/LVP, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Additional Information
- Shared Amenities: Clubhouse, Community Pool, Dog Park, Fitness Center, Jogging Path, Sidewalks, Trail(s)
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Patio, Screened
Parking
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached
Location
- County: New Hanover
- Subdivision: Riverlights
- Driving Directions: S. on Carolina Beach Rd/421: Right on Independence Blvd, 1.2 mi; Left on River Rd, 0.8 mi; At traffic circle, 2nd exit, cont. River Rd, 1.5 mi; Right on Gathering Way, parking lot ahead N. on Carolina Beach Rd/421: Left on Sanders Rd; 0.9 mi; At traffic circle, 1st exit, River Rd, 1.3 mi; At traffic circle, 3rd exit, Gathering Way, parking lot ahead *Visit model home at 959 Trisail Ter.*
School Information
- High School District: New Hanover
- Elementary School: Williams
- Middle School: Myrtle Grove
- High School: New Hanover
Community
- Association: Yes
- Assoc. Name: Premier Management Company
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Community Sewer
- Water: Community Water
- Utility Description: Natural Gas Connected, Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Fiber Cement, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Square Feet: 2,229
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Dimensions: See Plat
- Frontage: Paved, Paved
- Zoning: R-7
- Fencing (Description): None
Green Features
- Building Certification: ENERGY STAR Certified Homes
- Energy Efficient: Lighting, Thermostat, LED Lighting
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $237.76
- Association Fee: $1,740
- Assoc Fee Freq.: Annually
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 1023 RIVERLIGHTS SINGLE FAM PH VII SEC II
- Property ID: R07000-008-160-000
- Lot Number: 1023
Listed by Pulte Home Company, Kenneth J. Greenberg
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Schools
Schools serving 5331 Folklore Wy
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Mary C Williams Elementary 801 Silver Lake Road, Wilmington, NC 28412 | K-5 | 0.6 mi |
Myrtle Grove Middle 901 Piner Road, Wilmington, NC 28409 | 6-8 | 2.3 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 7 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 5331 Folklore Wy
Date
Details
Price
Change
Source
1/29/2026
Listed
$529,965
-37.32%
MLS
3/28/2025
Sold
$845,500
—
Public Record
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 5331 Folklore Wy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$807
—
$137,200
—
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 5331 Folklore Wy
5331 Folklore Way, Wilmington, NC 28412 (MLS# 100551874) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5331 Folklore Way is currently listed for $529,965 and was received on January 29, 2026. Want to learn more about 5331 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.
