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Off market
  • $2,520,100

    301 Fair Lakes Dr, Wilmington, NC 28405

    5beds
    5baths
    7,061sqft
    SingleFamily
    Built in 1999
    1.6 Acres Lot
    $2,520,100 Zestimate®
    $357/sqft
    $7,398 Estimated rent

    Home value

    $2,520,100

    $2.24M - $2.87M

    $7,398/mo

    Zestimate® history
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    $7,398/mo

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    $14,855/mo

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    $14,855/mo

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    What's special

    This Stunning Estate Home, located in the coveted Highland Ridge Area of Landfall, is situated atop a massive, 1.6 Acre Double Lot at the foot of Fair Lakes Drive on a cul-de-sac. Accented by a large circular drive with mature landscaping, the scene as you approach this stately home, with it's Shake Roof, Double Front Covered Porches, Dormers, and Widows Watch, is absolutely breathtaking. NOTE: The homes first floor hardwood flooring was damaged as a result of blowing rain to crawl space during Florence & other updating & repairs needed. Consider adding beautiful wide plank flooring & your desired updates to modernize and restore this home to a fresh version of it's original grandeur. A large foyer with towering ceilings and twin spiraling staircases lead to circular railing throughout the entrance. This magnificent, well built home, loaded with features, includes four very large Guest rooms, four and one half baths, an additional (fifth)bedroom situated over the garage with private rear entrance and ensuite bath, private Dining Room, Large kitchen with Island, Butler's Pantry, Spacious Breakfast Area, Living Room, Family Room, Office, and Laundry Room. At the top of the spiraled staircase you'll find a huge Master Suite with large en-suite Bath, his and hers walk in closets with custom cabinetry, an elevated Soaking Tub, and Shower. There are two large guest rooms on the North side of the home with individual walk in closets and shared bath. On the South side there is another large Guest Room with walk-in closet and en-suite full bath. The third floor features a near 750 SF Media and Entertainment Room, currently used a Theatre Room and has Pool Table, Ping Pong Table and pull down stairs to access the Widow's Watch on the Roof Top with incredible views. From the 4th Level.Want even more? The property allows room for additions or perhaps add a separate Guest Cottage, with City and Development's approval, or large Private Garden Area on the North Lawn The rear of the home also features two decks overlooking the fenced back yard, in ground Pool and Spa. The home is very close to the Military Cutoff gate, and close proximity to Mayfair, various Grocery options, outstanding Restaurants, and area beaches. Small Chandelier over tub, Movie Projector and screen do not convey.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: wood stove
    Interior area
    • Total interior livable area: 7,061 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 1.6 Acres
    Details
    • Parcel number: R05105005010000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1999

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $283 monthly
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $357/sqft
    • Tax assessed value: $2,455,300
    • Annual tax amount: $14,449

    Price history

    DateEventPrice
    2/13/2023Sold$1,465,000-13.3%$207/sqft
    Source: Hive MLS #100350289 Report a problem
    11/21/2022Pending sale$1,690,000$239/sqft
    Source: Hive MLS #100350289 Report a problem
    11/4/2022Price change$1,690,000-5.6%$239/sqft
    Source: Hive MLS #100350289 Report a problem
    9/21/2022Listed for sale$1,790,000+25.6%$254/sqft
    Source: Hive MLS #100350289 Report a problem
    2/3/2006Sold$1,425,000$202/sqft
    Source: Hive MLS #30338356 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,449 +20.9%$2,455,300 +78.7%
    2024$11,950 +3.4%$1,373,600 +0.4%
    2023$11,556 -0.6%$1,367,600
    2022$11,625 -0.7%$1,367,600
    2021$11,704 -20.9%$1,367,600 -2.6%
    2020$14,790 $1,404,000
    2019$14,790 $1,404,000
    2018$14,790 $1,404,000
    2017$14,790 -14.6%$1,404,000 -10.2%
    2016$17,327 +4.6%$1,563,800
    2015$16,561 +4.4%$1,563,800
    2014$15,857 $1,563,800
    2013-- $1,563,800
    2012-- $1,563,800 +9.8%
    2011-- $1,424,736
    2010-- $1,424,736
    2009-- --
    2008-- --
    2007-- --
    2005-- $1,035,716
    2004-- $1,035,716
    2003-- $1,035,716
    2002-- $1,035,716 -0.1%
    2001-- $1,036,893 +110.8%
    2000-- $491,965
    Find assessor info on the county website

    Neighborhood: Landfall

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,520,100
    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
    $2,520,100