5308 Folklore Way, Wilmington, NC, 28412
About This Home
*Proposed Construction* Early '27 completion. Welcome to the Monroe II - a beautifully designed home offering comfort, versatility, and timeless curb appeal. This spacious home features a flexible 4-bedroom layout, including an upstairs suite ideal for guests, a home office, or a family entertainment room. Upon entering from the covered front porch, you're greeted with an inviting foyer that opens to a bright, open-concept living area with a family room, dining space, and a modern kitchen with an oversized island and large walk-in pantry. Enjoy seamless indoor-outdoor living with access to a screened porch, perfect for relaxing or entertaining. The main level boasts a private owner's suite with an illuminated tray ceiling, a walk-in closet, and a luxurious master bath with dual vanities and a tiled, curbless shower. Two additional bedrooms on the main level share a full bath. Upstairs, a large fourth bedroom or flex room (with its own full bath) provides an ideal retreat for guests, hobbies, or media use. Additional highlights include a covered front porch, two-car garage, large utility room, custom touches like tray ceilings, plentiful storage, and thoughtful architectural details. This unique location within Riverlights offers easy access to the lake trail, amenity centers and several community parks. Trusst Builder Group is proud to offer a wide range of beautifully appointed single family homes in popular Riverlights. Riverlights is an extraordinary new-home community along a three-mile stretch of the scenic Cape Fear River. Residents enjoy an abundance of amenities, including parks, trails, water access, and gathering spaces that celebrate outdoor living. The community also offers a growing mix of on-site restaurants, shops, and services--with more on the way. Conveniently located between Wilmington's beautiful beaches and historic downtown, Riverlights is just minutes from shopping, dining, and the hospital.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Raised,Slab
- Roof: Shingle
- Construction materials: Fiber Cement,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Built-In Microwave,Disposal,Dishwasher
- Laundry features: Laundry Room
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: First
Features
- Master Downstairs,Walk-in Closet(s),Tray Ceiling(s),Kitchen Island,Ceiling Fan(s),Pantry,Walk-in Shower,Gas Log,Walk-In Closet(s)
- Flooring: LVT/LVP,Carpet,Tile,Wood
- Fireplace features: Gas Log
- Fireplace: Yes
- Attic: Partially Floored,Walk-In
Heating & Cooling
- Heating features: Heat Pump,Electric,Zoned
- Cooling features: Central Air,Zoned,Heat Pump
Interior Area
- Total structure area: 2,422
- Total interior livable area: 2,422 sqft
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 0
- Zoning: R-7
- Special condition: Standard
Features
- Levels: One and One Half
- Patio & porch: Covered,Porch,Screened
- Exterior features: Irrigation System
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
- Living area range: 2400 - 2599
Lot
- Lot size: 6,534 sqft
- Lot size dimensions: 55 x 120
Parking
- Total spaces: 2
- Parking features: Off Street,Paved
- 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
- Lightning
- Coastal Flooding
- Inland Flooding
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in New Hanover County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,309 | $39,708 |
| Home Insurance * | $144 | $1,728 |
| Property Taxes | $299 | $3,588 |
| Electricity | $225 | $2,707 |
| Total | $3,977 | $47,724 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-10 | Listed for sale | $654,500 |
New Construction
View on Zillow