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174 Southern Magnolia Lane, Wallace, NC, 28466

5beds
4baths
3,950sqft
$594,000
$150price/sqft
$4,189/moest. monthly cost
$167,560/yrincome needed

About This Home

Elevate Your Lifestyle in Prestigious River Landing - Wallace, NC Imagine waking up in a vibrant, gated golf community where resort-style living meets Southern charm. ASK ABOUT CLUB MEMBERSHIP! River Landing in Wallace, NC, spans over 1,700 acres along the Northeast Cape Fear River, offering two championship 18-hole golf courses (consistently ranked among NC's top), a grand clubhouse with fine dining, heated outdoor pool, fitness center, tennis courts, miles of scenic walking/biking trails, and endless social events. Just 35-45 minutes from historic Wilmington, pristine beaches, and I-40 access, it's the perfect blend of tranquility, recreation, and convenience for families, golfers, and retirees. At the heart of this sought-after enclave lies 174 Southern Magnolia Lane--a beautifully crafted 5-bedroom, 4-bathroom Southern charmer built in 2005, boasting 3,950 sq ft on a private 0.45-acre wooded lot at the peaceful end of a cul-de-sac, steps from community paths. This home exudes timeless elegance with hardwood floors throughout, custom crown molding, wainscoting, transom windows, tray ceilings, and abundant natural light. The open, adaptable design shines: a luxurious primary suite on the main level with walk-in closets and en-suite bath, plus two flexible bedrooms (perfect as home offices or guests), formal dining room, expansive living area with fireplace, gourmet kitchen featuring gas cooktop, island, and pantry, and a handy laundry room. Upstairs delivers more versatility: two additional bedrooms, full bath, generous bonus room, ample storage, and a multi-purpose den complete with built-ins and wet bar--ideal for a media lounge, hobby space, or entertaining hub. Enjoy modern comforts like an attached two-car garage, wooded privacy, and low HOA fees that cover gated security and community maintenance. Priced to impress--this exceptional residence offers endless possibilities in Eastern NC's premier golf community. Schedule your private showing today!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
Wallace ElementaryGrades PK-82.8 mi
4/10
Wallace-Rose Hill HighGrades 9-123.5 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Built-In Microwave,Refrigerator,Disposal,Dishwasher
  • Laundry features: Dryer Hookup,Washer Hookup,Laundry Room

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Level: First

Family Room

  • Level: Second

Features

  • Master Downstairs,Walk-in Closet(s),Tray Ceiling(s),High Ceilings,Entrance Foyer,Solid Surface,Bookcases,Ceiling Fan(s),Pantry,Walk-in Shower,Blinds/Shades,Gas Log,Walk-In Closet(s)
  • Door features: Thermal Doors
  • Window features: Thermal Windows
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Storage,Floored,Walk-In

Heating & Cooling

  • Heating features: Heat Pump,Fireplace(s),Electric,Natural Gas
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 3,950
  • Total interior livable area: 3,950 sqft

Laundry

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Office

  • Level: First

Other

  • Level: Second

Sunroom

  • Level: First

Property

Details

  • Parcel number: 092310
  • Zoning: Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Open,Covered,Patio,Porch,Screened
  • Exterior features: Irrigation System,Thermal Doors
  • Fencing: None
  • Has view: Yes
  • View description: Golf Course
  • Frontage type: See Remarks
  • Living area range: 3500 - 3999

Lot

  • Lot size: 0.45 Acres
  • Features: Cul-De-Sac,Wooded
  • Lot size dimensions: 29 x 184 x 132 x 65 x 181

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Attached,Aggregate,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hurricane
Winter Weather
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Duplin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,003$36,036
Home Insurance *$394$4,728
Property Taxes $425$5,100
Electricity $367$4,414
Total$4,189$50,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,622/yr
40% on housing$125,670/yr
45% on housing$111,706/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 28466$170
Duplin County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 28466
Duplin County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Price change$594,000
2026-01-14Listed for sale$634,000
2025-12-09Listing removed$638,000
2025-08-20Price change$638,000
2025-05-15Price change$650,000
2025-01-30Listed for sale$675,000
2024-10-12Listing removed$688,000
2024-10-03Price change$688,000
2024-08-01Price change$694,500
2024-05-25Price change$699,900
2024-03-14Price change$719,000
2024-01-10Listed for sale$729,000
2023-11-17Listing removed--
2023-09-26Price change$732,000
2023-05-03Listed for sale$735,000
2005-08-24Sold$518,000

For Sale by Agent

AgentRyan Ayre
BrokerageLandmark Sotheby's International Realty

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