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$414,885
Property Description
The Haywood, built by New Leaf Builders is the quintessential 3 bedroom 2 and a half bath home. The Haywood features a owner's suite tucked away upstairs, which gives the main living spaces on the first floor an exceptionally expansive and open feel. This home lives larger than it's square footage. You'll enjoy ample privacy from your family room with an ideal location at the rear of the home with easy access from your back entryway. An open concept kitchen rests between your living and dining rooms, allowing for connection with loved ones plus easy access to the heart of your home from all living areas on the main floor. Riverlights is a new home community surrounded by the coast and Cape Fear River, where nature is part your everyday routine. With easy access to the Cape Fear River, the intercoastal waterways, a family-friendly pool, a new dog park, gym and a 38-acre lake, you can kayak, paddleboard or stroll along the community dock any time of day. Enjoy the three-mile loop around the lake and scenic nature trails that weave throughout Riverlights. Conveniently located minutes to Historic downtown Wilmington, beaches, restaurants and shopping the location of Riverlights is unbeatable.
Full Property Details
Full Property Details for 5404 Folklore Wy
General
- Price: $414,885
- HOA FEE: $145/month
- HOA FEE FREQ.: Annually
- Taxes: $686 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100531158
- Updated: 5/13/2026
- Added to Site: 238 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Walk-in Closet(s), High Ceilings, Kitchen Island, Pantry, Walk-in Shower, Walk-In Closet(s)
- Appliances: Gas Oven, Built-In Microwave, Range, Disposal, Dishwasher, ENERGY STAR Qualified Appliances, Tankless Water Heater
- Furnishings: Unfurnished
- Flooring: LVT/LVP, Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Non Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup, Laundry Closet
Additional Information
- Shared Amenities: Waterfront Community, Boat Dock, Clubhouse, Community Pool, Dog Park, Fitness Center, Jogging Path, Maintenance Common Areas, Picnic Area, Playground, Restaurant, Sidewalks, Street Lights, Trail(s)
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Cluster Mailboxes, DP50 Windows
- Porch/Patio/Deck: Covered, Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Garage Door Opener, Paved
Location
- County: New Hanover
- Subdivision: Riverlights
- Driving Directions: From River Rd turn left on Folklore Way and the lots are on your right.
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
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Fiber Cement, Wood Frame
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,573
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,269
- Lot Dimensions: irregular
- Frontage: Maintained, Paved, Paved
- Zoning: R-7
- Fencing (Description): None
Green Features
- Building Certification: Eco Select Prgm, HERS Index Score
- Energy Efficient: Lighting, Thermostat, LED Lighting
- Water Conservation: High Efficiency Toilets
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $263.75
- Association Fee: $1,740
- Assoc Fee Freq.: Annually
- Assessment Amount: $116,700
- Tax Amount: $686.79
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Single Family Phase 7
- Property ID: R07000-007-720-000
- Lot Number: 1045
Listed by O'Shaughnessy New Homes LLC, Tyler Henrikson
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Schools
Schools serving 5404 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 5404 Folklore Wy
Date
Details
Price
Change
Source
11/14/2025
Sold
$939,500
126.45%
Public Record
9/17/2025
Listed
$414,885
—
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 5404 Folklore Wy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22
—
$116,700
—
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 5404 Folklore Wy
5404 Folklore Way, Wilmington, NC 28412 (MLS# 100531158) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5404 Folklore Way is currently listed for $414,885 and was received on September 17, 2025. Want to learn more about 5404 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.
