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For sale
    • $884,900

    125 Falling Water Way, Wallace, NC 28466

    5beds
    4,349sqft
    : 
    $5,469/mo
    Get pre-qualified
    Single Family Residence
    Built in 2010
    0.74 Acres Lot
    $842,000 Zestimate®
    $203/sqft
    $172/mo HOA

    What's special

    Gas fireplaceCustom-built riverfront retreatGourmet kitchenExquisite craftsmanshipCoffered ceilingsIrrigation wellTwo spacious primary-floor bedrooms
    Custom-Built riverfront retreat in the prestigious River Landing!! Experience the charm of resort-style living in the esteemed gated golf course community. This residence is the pinnacle of luxury, boasting panoramic views, exquisite craftsmanship, and unmatched amenities. Nestled on a precisely landscaped three-quarter-acre lot, this 4,349 sq. ft., 4/5-bedroom home offers an inviting balance of grandeur and comfort. The lush, low-maintenance yard provides the perfect backdrop for peace and privacy, while a paved walkway leads to three separate decks, all overlooking the tranquil river—your own personal sanctuary for sunrises, stargazing, and everything in between. Step inside to an open-concept layout that immediately welcomes you with warmth and elegance. The gourmet kitchen is a chef's dream, featuring custom cabinetry, stainless steel appliances, and a generously sized island with bar seating. The adjacent great room is equally impressive, showcasing coffered ceilings, a gas fireplace, custom built-ins, and a sunroom bathed in natural light. For those who love to entertain, the outdoor amenities are second to none. Enjoy evenings by the natural gas firepit and let the river be your backdrop for unforgettable gatherings. Inside, the home continues to impress with two spacious primary-floor bedrooms, a flex space with French glass doors perfect for a formal dining room or home office, and a media room upstairs with balcony access—a front-row seat to peaceful views and fiery sunsets. Additional highlights include: Oversized two-car garage with dedicated storage and exterior access, Whole-house generator for peace of mind, Central vacuum system, Dual-zoned HVAC for personalized comfort, 75-gallon water heater, Irrigation well and sealed crawl space with dehumidifier. This exceptional home truly captures the spirit of gracious southern living, combining modern comforts with timeless craftsmanship. Don't miss the chance to claim your slice of paradise in one of the area's most highly sought-after communities.
    407 days
    250
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenifer Kiefer 910-545-4322,

    360 REALTY

    Source: Hive MLS,MLS#: 100520169MLS LogoOriginating MLS: Jacksonville Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Living Room, Bedroom 1, Dining Room, Office, Master Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Media Room
      Heating
      • Heat Pump, Zoned
      Cooling
      • Zoned
      Appliances
      • Included: Electric Cooktop, Built-In Microwave, Built-In Electric Oven, Refrigerator, Double Oven, Dishwasher
      • Laundry: Laundry Room
      Features
      • Master Downstairs, Central Vacuum, Walk-in Closet(s), Vaulted Ceiling(s), Entrance Foyer, Whole-Home Generator, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
      • Flooring: Bamboo, Carpet, Tile
      • Windows: Skylight(s)
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 4,349
      • Total interior livable area: 4,349 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Side, On Site, Paved
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch, Balcony
      • Fencing: Metal/Ornamental,Back Yard
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Frontage type: River
      Lot
      • Size: 0.74 Acres
      • Features: See Remarks
      Details
      • Parcel number: 096875
      • Zoning: RA
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Fiber Cement, Wood Frame
      • Foundation: Crawl Space
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2010

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s)
      • Subdivision: River Landing
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Clubhouse, Comm Garden, Pool, Fitness Center, Gated, Golf Course, Maintenance Common Areas, Management, Park, Party Room, Pickleball, Playground, Restaurant, Tennis Court(s), Trail(s), Trash
      • HOA fee: $2,064 annually
      • HOA name: River Landing POA
      • HOA phone: 910-285-1038
      Location
      • Region: Wallace

      Financial & listing details

      • Price per square foot: $203/sqft
      • Tax assessed value: $545,000
      • Annual tax amount: $4,575
      • Date on market: 7/20/2025
      • Cumulative days on market: 407 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $842,000

        $800,000 - $884,000

        $3,901/mo

        Price history

        DateEventPrice
        4/23/2026Price change$884,900-1.7%$203/sqft
        Source: Hive MLS #100520169 Report a problem
        7/20/2025Listed for sale$899,900+5.9%$207/sqft
        Source: Hive MLS #100520169 Report a problem
        6/21/2024Sold$850,000-4.4%$195/sqft
        Source: Hive MLS #100436459 Report a problem
        6/11/2024Pending sale$889,000$204/sqft
        Source: Hive MLS #100436459 Report a problem
        5/4/2024Contingent$889,000$204/sqft
        Source: Hive MLS #100436459 Report a problem
        4/24/2024Pending sale$889,000$204/sqft
        Source: Hive MLS #100436459 Report a problem
        4/3/2024Listed for sale$889,000+185%$204/sqft
        Source: Hive MLS #100436459 Report a problem
        5/11/2007Sold$311,900$72/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,548 -0.6%$545,000
        2023$4,575 $545,000
        2022$4,575 +2.3%$545,000
        2021$4,472 $545,000
        2020$4,472 $545,000
        2019$4,472 $545,000
        2018$4,472 +32.7%$545,000 -30.6%
        2016$3,370 -44.9%$785,300
        2013$6,116 +4.7%$785,300
        2012$5,840 +0%$785,300
        2011$5,837 $785,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 28466

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wallace
        • Middle: Wallace
        • High: Wallace-Rose Hill

        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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