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Sold for $4,584,773
  • $4,584,773

    1015 Ocean Ridge Drive, Wilmington, NC 28405

    4beds
    5,615sqft
    Single Family Residence
    Built in 2006
    1.86 Acres Lot
    $5,263,000 Zestimate®
    $817/sqft
    $6,810 Estimated rent

    Home value

    $5,263,000

    $4.79M - $5.84M

    $6,810/mo

    Zestimate® history
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    $26,027/mo

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    What's special

    Introducing Point 3, a modern masterpiece designed by architect Michael Ross Kersting and built by the Farlowe Group. Sited on a high bluff overlooking the Intracoastal Waterway and Middle Sound, the home provides a spectacular vantage point to enjoy views of the Atlantic Ocean and Mason's Inlet. The spacious lot is the largest on Landfall's prestigious Ocean Ridge Drive, spanning over 1.85 acres of meticulously landscaped grounds, offering unparalleled seclusion and tranquility. Uniquely buffered by the signature 4th green of the Nicklaus Ocean Course, the setting further enhances privacy and offers expansive, unobstructed vistas that stretch as far as the eye can see. The exterior of the home features extraordinary construction quality, including poured concrete walls, mahogany siding, and shell tabby accents that blend modern design with coastal elegance. The heated outdoor pool and covered porch with mechanical screens provide the perfect setting to enjoy the ocean views and breezes. Inside, you'll find exquisite interior details that define this home. African Sapele floors and Mahogany tongue and groove ceilings create a warm and inviting atmosphere. Oversized impact glass windows provide security and unobstructed views of the surrounding natural beauty. This home is designed for both relaxation and entertainment. The 400-bottle wine cellar is a haven for wine enthusiasts, while the whole house sound system allows you to enjoy your favorite music in every room. The kitchen is a chef's dream, equipped with double ovens, a warming drawer, a 5-burner gas range, a Sub Zero refrigerator, and a Miele dishwasher. The instant-on hot water feature adds convenience to your culinary endeavors. The 3-floor hydraulic elevator ensures easy access to all levels of the home. Impeccably maintained by its original owners, Point 3 is a rare offering of one of Landfall's most iconic and architecturally significant waterfront properties.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Phillips Group 910-620-3370,

    Landmark Sotheby's International Realty

    Bought with:

    Nick Phillips Group

    Landmark Sotheby's International Realty

    Source: Hive MLS,MLS#: 100419529MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination, Formal
    Heating
    • Other
    Cooling
    • Central Air
    Features
    • Walk-in Closet(s), Kitchen Island, Elevator, Ceiling Fan(s), Walk-in Shower, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    Interior area
    • Total structure area: 5,615
    • Total interior livable area: 5,615 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Deck, Patio, Porch
    • Pool features: In Ground
    • Fencing: None
    • Has view: Yes
    • View description: Golf Course, Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Frontage type: Golf Course,ICW Front
    Lot
    • Size: 1.86 Acres
    • Dimensions: Irreg: 130 x 605 x
    Details
    • Parcel number: R05116004031000
    • Zoning: R-20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, See Remarks
    • Foundation: Slab
    • Roof: Wood,Copper
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Water: Public
    • Utilities for property: Water Available

    Community & neighborhood

    Location
    • Region: Wilmington
    • Subdivision: Landfall

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $4,000 monthly
    • Amenities included: Waterfront Community, Picnic Area, Playground, Security, See Remarks
    • Association name: Landfall COA
    • Association phone: 910-256-7651

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/12/2024Sold$4,584,773-2.2%$817/sqft
    Source: Hive MLS #100419529 Report a problem
    7/8/2024Pending sale$4,690,000$835/sqft
    Source: Hive MLS #100419529 Report a problem
    6/3/2024Contingent$4,690,000$835/sqft
    Source: Hive MLS #100419529 Report a problem
    4/5/2024Pending sale$4,690,000$835/sqft
    Source: Hive MLS #100419529 Report a problem
    4/5/2024Contingent$4,690,000$835/sqft
    Source: Hive MLS #100419529 Report a problem
    4/2/2024Price change$4,690,000-5.3%$835/sqft
    Source: Hive MLS #100419529 Report a problem
    12/22/2023Listed for sale$4,950,000+402.5%$882/sqft
    Source: Hive MLS #100419529 Report a problem
    6/3/2003Sold$985,000$175/sqft
    Source: Hive MLS #30316753 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,871 +39.8%$5,075,800 +106.7%
    2024$21,369 +3%$2,456,200
    2023$20,755 -0.6%$2,456,200
    2022$20,878 -0.7%$2,456,200
    2021$21,020 -24.5%$2,456,200 -7%
    2020$27,828 $2,641,700
    2019$27,828 $2,641,700
    2018$27,828 $2,641,700
    2017$27,828 +4.1%$2,641,700 +9.4%
    2016$26,744 +4.6%$2,413,700
    2015$25,561 +4.4%$2,413,700
    2014$24,475 $2,413,700
    2013-- $2,413,700
    2012-- $2,413,700 -4.7%
    2011-- $2,531,591
    2010-- $2,531,591
    2009-- --
    2008-- --
    2007-- --
    2005-- $780,249
    2004-- $780,249
    2003-- $780,249
    2002-- $780,249 -0.2%
    2001-- $781,425 +0.2%
    2000-- $779,992

    Find assessor info on the county website

    Neighborhood: Landfall

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wrightsville Beach
    • Middle: Noble
    • High: Laney

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,263,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,263,000