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Welcome to the Raymond, a thoughtfully crafted home offering 2,229 square feet of well-designed living space that adapts beautifully to a wide range of lifestyles. This residence features three bedrooms, two and a half bathrooms, a private office, and a generous loft, creating a layout that balances everyday comfort with flexibility. At the center of the home is an inviting, upgraded kitchen designed to impress. A large island serves as a striking focal point, enhanced by upgraded pendant lighting. Quartz countertops brighten the space and pair seamlessly with rich brown cabinetry and a stylish tile backsplash. Stainless Steel appliances, a spacious single-basin sink, and upgraded hardware elevate both functionality and visual appeal, making this kitchen ideal for cooking, gathering, and entertaining. The main-level owner's suite offers a peaceful retreat, complete with an ensuite bathroom featuring dual quartz vanities, a walk-in shower with an elegant tile surround and frameless glass door, and a large walk-in closet. Just outside the suite, the conveniently located laundry room adds ease to daily routines. The first floor also includes an open-concept gathering room that flows effortlessly to a screened-in porch, providing the perfect space to relax or host guests. Upstairs, a spacious loft offers endless possibilities, complemented by an additional flex room that can be customized to suit your needs. Two secondary bedrooms and a full bathroom complete the second level, offering privacy and comfort for family members or visitors. Throughout the home, hard surface flooring enhances the main living areas, while plush carpeting adds warmth to the bedrooms. Additional highlights include solid oak stair treads, window blinds, LED lighting, an upgraded interior trim package, a programmable thermostat, a Ring doorbell camera, and a two-car garage. You'll fall in love with the Raymond floorplan the moment you step inside—come see it for yourself today!

Highlights

  • Residential
  • Single Family Residence
  • New Construction
  • Built in 2026
  • 0.12 Acre Lot
  • $1,740/yr HOA
  • 2 Car Garage
  • 284 days on Market

  • Bedrooms
    3
  • Bathrooms
    2 full · 1 half
  • Year Built
    2026
  • Construction Materials
    Fiber Cement
  • Foundation
    Slab, Raised
  • Garage Spaces
    2.0
  • Parking Features
    Attached
  • Living Area
    2229.0
  • Interior Features
    Walk-In Closet(s), Pantry, Kitchen Island, Master Downstairs, High Ceilings
  • Appliances
    Dishwasher, Gas Oven
  • Flooring
    Carpet
  • Patio And Porch
    Patio, Screened
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    None

  • Acres
    0.12
  • View
    See Remarks
  • Utilities
    Water Available, Natural Gas Available, Natural Gas Connected


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Frequently Asked Questions

How do I schedule a tour of 5331 Folklore Way?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5331 Folklore Way.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5331 Folklore Way?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $529,965. 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 5331 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 5331 Folklore Way at around $3,016. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5331 Folklore Way?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in New Hanover County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5331 Folklore Way?

In most cases, yes. Whether 5331 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 5331 Folklore Way?

We can handle that for you. Our preferred local agent specializes in residentials in Wilmington and can guide you through every step of the offer process.

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 $529,965 with 2,229 sqft of space—that comes out to approximately $238 per square foot.

How long has this property been on the market?

5331 Folklore Way was listed on January 29, 2026, which means it's been on the market for 284 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?

5331 Folklore Way sits on a 0.12-acre lot, which is 5,227 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.

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: Clubhouse, Fitness Center, Trail(s), Dog Park, Jogging Path.

Is 5331 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#: 100551874