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$399,900
Property Description
Estimated Completion: May 2026! Located just a short walk to the new amenities (2nd pool, 2nd gym, clubhouse and pickleball courts) The Haywood by New Leaf Builders offers a bright, open floorplan filled with natural light and enhanced by 9-foot ceilings on both the main level and upstairs. The kitchen features stainless steel appliances including a natural gas range, vent hood, and dishwasher, along with 42'' white upper cabinets, Miami Vena quartz countertops, and a stunning white farmhouse sink. The spacious primary suite includes a walk-in closet and a well-appointed primary bathroom with a white dual vanity, Blanco Maple quartz countertops, and a tiled walk-in shower. Two additional guest bedrooms are located upstairs. Additional highlights include a natural gas tankless hot water heater, upgraded lighting package, matte black faucets throughout, and a patio ideal for entertaining or relaxing outdoors. 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 5408 Folklore Wy
General
- Price: $399,900
- HOA FEE: $155/month
- HOA FEE FREQ.: Annually
- Taxes: $686 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100557147
- Updated: 5/13/2026
- Added to Site: 75 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Walk-in Closet(s), Kitchen Island, Pantry, Walk-in Shower, Walk-In Closet(s)
- Appliances: Vented Exhaust Fan, Disposal, Dishwasher, Gas Range
- Furnishings: Unfurnished
- Flooring: LVT/LVP, Carpet, Laminate, Ceramic 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, Comm Garden, Community Pool, Dog Park, Fitness Center, Jogging Path, Maintenance Common Areas, Park, Pickleball, Picnic Area, Playground, Restaurant, Sidewalks, Street Lights, Private Golf Carts Allowed
Exterior
- Exterior Features: Irrigation System, Cluster Mailboxes, DP50 Windows
- Porch/Patio/Deck: Covered, Patio, Front Porch
Parking
- Garage Spaces: 1
- Parking Features: Garage Door Opener, Lighted, Garage6, Garage7
Location
- County: New Hanover
- Subdivision: Riverlights
- Driving Directions: From River Rd turn on Folklore Way and the home is on your left.
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 Group
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
- Construction: Fiber Cement
- Roof: Architectural Shingle
- Windows: Thermal Windows
- Square Feet: 1,573
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Dimensions: 35.5 x 120 x 35.5 x 120
- Frontage: Maintained, Paved, Paved
- Zoning: R-7
- Fencing (Description): None
Green Features
- Building Certification: Eco Select Prgm, HERS Index Score
- Energy Efficient: Lighting, Thermostat
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $254.23
- Association Fee: $1,860
- 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: LOT 1046 PH 7 SEC 1 RIVERLIGHTS - SINGLE FAMILY
- Property ID: R07000-007-721-000
- Lot Number: 1046
Listed by O'Shaughnessy New Homes LLC, Tyler Henrikson
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Schools
Schools serving 5408 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 5408 Folklore Wy
Date
Details
Price
Change
Source
2/27/2026
Listed
$399,900
-57.43%
MLS
11/14/2025
Sold
$939,500
—
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 5408 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 5408 Folklore Wy
5408 Folklore Way, Wilmington, NC 28412 (MLS# 100557147) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5408 Folklore Way is currently listed for $399,900 and was received on February 27, 2026. Want to learn more about 5408 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.
