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1015 Ocean Ridge Dr, Wilmington, NC, 28405

$4,690,000

4 Bedrooms
4 Full Baths, 1 Partial
5,615 SqFt
$835/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved
Attached Garage3 spaces
Year Built2006
HeatingOther
CoolingCentral Air
Fireplace1
Private PoolYes
MLS #100419529
Lot Size1.86 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 1015 Ocean Ridge Dr

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.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 3
  • Living Area: 5,615 SqFt

Listing Office:

  • Office Name: Landmark Sotheby's International Realty

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fan(s), Elevator, Kitchen Island, Walk-in Shower, Walk-In Closet
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 1.86 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Isaac M Bear High School, Public District Grades 9-12
  • Emsley A Laney High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • M C S Noble Middle School, Public District Grades 6-8
  • Wrightsville Beach Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take Arboretum Drive to Ocean Point Place (on the left). Take first right onto Ocean Ridge Drive and property is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,690,000
  • Price Per SqFt: $835/SqFt

Tax Information:

  • Annual Amount: $27,828
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

Med. Sold Price

$409.1K

Med. Price/SqFt

$236

Avg. Days On Market

39

# of Sold Homes

264

1015 Ocean Ridge Dr vs Wilmington

128 DAYS ON ROCKET

+89 Days

$4,690,000

+$4.2M More

$835/SqFt

+$599 More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $599/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100419529

Listing Office:

  • Office Name: Landmark Sotheby's International Realty

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$27,828$2,641,700
2019$27,827$2,641,700
2018$27,828$2,641,700
2017$26,744$2,641,700

History based on county public records data.

Payment Calculator

$23.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2898319
7
/10
  • Wrightsville Beach Elementary School

  • 220 Coral Dr

  • 2.00 miles

  • Public District Grades KG-5

school-card-donut-2898320
7
/10
  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 2.84 miles

  • Public District Grades PK-5

school-card-donut-2898321
4
/10
  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 8.87 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2898322
5
/10
  • M C S Noble Middle School

  • 6520 Market St

  • 2.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2898323
8
/10
  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 5.18 miles

  • Public District Grades 9-12

school-card-donut-2898324
5
/10
  • Emsley A Laney High School

  • 2700 N College Rd

  • 5.88 miles

  • Public District Grades 9-12

school-card-donut-2898325
9
/10
  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 7.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,337. The majority of Wilmington, NC residents have income between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1015 Ocean Ridge Dr

What is the listing price of this property?

The listing price of 1015 Ocean Ridge Dr property is $4,690,000.

What type of property is this?

The property 1015 Ocean Ridge Dr is a house located in Wilmington, North Carolina, 28405.

Is this property for sale now?

Accepting Backup Offers: 1015 Ocean Ridge Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1015 Ocean Ridge Dr are:
Wrightsville Beach Elementary School: GreatSchools Rating 7/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
M C S Noble Middle School: GreatSchools Rating 5/10
Isaac M Bear High School: GreatSchools Rating 8/10
Emsley A Laney High School: GreatSchools Rating 5/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $27,828 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1015 Ocean Ridge Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1015 Ocean Ridge Dr is 5,615 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1015 Ocean Ridge Dr is 2006.
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Rocket Homes›North Carolina›New Hanover County›Wilmington›28405›1015 Ocean Ridge Dr

This home is located at 1015 Ocean Ridge Dr in Wilmington, NC and zip code 28405 in the Landfall neighborhood. This 5,615 square foot home, which was built in 2006, sits on a 1.86 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $4,690,000.

In March 2024 more than 54 listings in Wilmington, NC were sold above the asking price. During the same period more than 53 listings were sold at asking price, while more than 157 were sold below. The number of homes for sale in Wilmington, NC increased by 6.8% between February 2024 and March 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $409,102.

From Rocket Homes Real Estate and based on county public records data.

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