5116 Folklore Way , Wilmington, NC 28412
$854,900
- 3
- beds
- 2 full · 1 half
- baths
- 2,943
- sqft
- 2026
- year built
$854,900
5116 Folklore Way , Wilmington, NC 28412
- 3
- beds
- 2 full · 1 half
- baths
- 2,943
- sqft
- 2026
- year built
- Status:
- Active
- MLS #:
- 100503219
- Neighborhood:
- Riverlights
- County:
- New Hanover
- Listed By:
- Patrick H Kelly - Coldwell Banker Sea Coast Advantage
- Agent Phone:
- (910) 599-7811
- Agent Email:
- pkelly2769@gmail.com
Sponsoring Broker: Christine Eisenberg, Continental Real Estate Group, Inc
The BROOKSHIRE by Charter Building Group! This wonderful 3 BR and 2 Full Bath and 1 Half Bath home is a Proposed Construction home with views overlooking the Cape Fear River. Home also includes a dedicated Office/Den and Upstairs Gathering Room with a covered Porch that will offer expansive river views! If this home doesn't fit your needs we can build your dream home in RIVERLIGHTS, a WATERFRONT community with state of the art amenities and friendly vibes. Charter Building Group homes feature modern interior finishes, oversized windows, quality craftsmanship and spacious outdoor living spaces. This location is very close to the RIVER LIGHTS LAKE, widely known for its easy access, spouting fountains and great kayaking. Home ownership includes use of this lake, the beautiful RIVER LIGHTS CLUBHOUSE, pool, fitness facility, wonderful trails and outdoor gathering areas. Plus enjoy shopping, dining and River Front boardwalk at nearby Marina Village. To learn more about Charter Building Group homes and lot offerings please visit our model home at 1001 Trisail Terrace. Model Open Mon-Sat 10am-5pm and Sun 12pm-5pm.
Highlights
- Residential
- Single Family Residence
- New Construction
- Built in 2026
- 0.18 Acre Lot
- $1,740/yr HOA
- Waterfront
- 2 Car Garage
- 566 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 2 full · 1 half
-
- Year Built
- 2026
-
- Stories
- 2.0
-
- Construction Materials
- Brick, Fiber Cement
-
- Foundation
- Slab, Raised
-
- Garage Spaces
- 2.0
-
- Parking Features
- Garage Door Opener, Garage Faces Front
-
- Living Area
- 2943.0
-
- Interior Features
- Ceiling Fan(s), Pantry, Kitchen Island, Master Downstairs, High Ceilings, Bookcases, Entrance Foyer
-
- Appliances
- Dishwasher, Disposal, Gas Cooktop, Electric Oven, Vented Exhaust Fan
-
- Flooring
- Laminate, Carpet, Wood
-
- Patio And Porch
- Covered, Porch, Screened
-
- Cooling
- Ceiling Fan(s), Central Air, Zoned
-
- Heating
- Forced Air, Electric, Heat Pump, Zoned
-
- Basement
- None
-
- Acres
- 0.18
-
- Lot Features
- Level, Corner Lot
-
- Water Front Features
- River Front
-
- Water Front
- Yes
-
- View
- River
-
- Utilities
- Sewer Available, Water Available, Natural Gas Available
-
- Water
- Public
-
- County
- New Hanover
-
- City
- Wilmington
-
- Neighborhood
- Riverlights
-
- Zip Code
- 28412
-
- High School
- New Hanover
-
- Middle School
- Myrtle Grove
-
- Elementary School
- Williams
-
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Estimated Value
$838,011
Estimated Sales Price Range:
$586,607 - $1,089,414
Source: Constellation Data Labs
Price History
| 09/05/2026 | Price Changed | $873,900 |
| Source: Hive MLS #100503219 | ||
| 10/27/2025 | Listed | $854,900 |
| Source: Hive MLS #100503219 | ||
| 04/24/2025 | Listed | $854,900 |
| Source: NCRMLS #100503219 | ||
Source: MLS Data
Deed History
| 09/19/2024 | Warranty Deed | $0 |
Source: Public records via Constellation Data Labs
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There are currently 1289 properties available in Wilmington, with 107 under contract to close soon. Properties in the city have an average sale price of $605,128 and typically spend 87 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 5116 Folklore Way?
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How do I get more information about 5116 Folklore Way?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $854,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Wilmington, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 5116 Folklore Way?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5116 Folklore Way at around $5,130. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 5116 Folklore Way?
In most cases, yes. Whether 5116 Folklore Way is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Wilmington's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 5116 Folklore Way?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $854,900 with 2,943 sqft of space—that comes out to approximately $290 per square foot.
How long has this property been on the market?
5116 Folklore Way was listed on April 24, 2025, which means it's been on the market for 566 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2026, making it approximately 0 years old.
What is the lot size of this property?
5116 Folklore Way sits on a 0.18-acre lot, which is 7,841 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Williams
- Middle: Myrtle Grove
- High: New Hanover
Want to see how these schools compare? Check out our New Hanover County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 5116 Folklore Way?
The most recent public record shows annual property taxes for 5116 Folklore Way were approximately $3,185. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $1,740 paid annually.
This covers access to community features including: Picnic Area, Playground, Clubhouse, Fitness Center, Trail(s), Party Room, Park, Dog Park, Game Room, Meeting Room.
Is 5116 Folklore Way still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, NCRMLS. All rights reserved.
Last Updated: June 30, 2026 at 03:43PM | Source: NCRMLS | MLS#: 100503219
