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7535 Funston Rd SE, Winnabow, NC, 28479

5beds
4baths
3,438sqft
$9,745,000
$2,834price/sqft
$56,412/moest. monthly cost
$2,256,480/yrincome needed

About This Home

Cutter Ridge Plantation is one of the most prestigious, meticulously cared for, and professionally designed classic Southern Plantations in North Carolina. This World-Class property represents and gives the opportunity to live and experience the Sporting Lifestyle. The term ""turn-key"" is often used; however, Cutter Ridge defines turn-key. Driving down Funston Rd, you begin to see Cutter Ridge's iconic white fence. There are 2 different entrances, each with their own unique offering. The first entrance, you are greeted by the Grand 'Ol House tucked behind the ancient Live Oaks and offering 5 bedrooms, 3.5 baths, with expansive porches and large entertaining areas. Attached to the house is the covered walkway that will take you to the spacious 4-car garage. Upon entering through the second entrance, you'll drive through the Allée of Magnolias, past the Titan F1 Trophy Bass stocked ponds, and arrive at the stunning 2-bedroom 1-bath guest cottage with Starlink. From the front porch of the cottage, you have majestic views of the Celebration Bermuda sown grounds (8 wells w/ 56+ irrigation zones), stocked ponds, and the Classic English Landscape Garden with walk-thru Greenhouse. Driving past the Gardens and through the Genetically Improved Loblolly and Longleaf Pine Plantation, you arrive at the custom-built, climate-controlled 3,000 sq ft Helicopter Hangar, lit Landing Pad, and the property's very own Hobolink Weather Station. Housed in the hangar is the 2012 Leonardo MKII with just 2,700 hrs and a fresh annual that can also be purchased. A well-established trail system takes you through the multiple Classic Quail Courses. Practical amenities also abound, including a 3,200+/- Sq Ft barn, stand-alone Plantation Manager's Office Building, Equipment Shed, and Dog Kennel. Currently under new construction is a Duck Impoundment with riser board system to allow controllable water depth. Historic Orton Plantation is nearby, which is a prime example of conservation efforts with multiple impoundments and a robust waterfowl program. The location of Cutter Ridge is perfectly situated next door. Neighboring the property is protected land that will never be developed, securing privacy for years to come. The property is also between Cape Fear Regional Jetport (KSUT) and Wilmington International (KILM), offering convenience to fly in privately or commercially. Located just 20 minutes from Beautiful Downtown Wilmington and the Stunning Beaches SouthEastern NC is known for. Cutter Ridge Plantation offers a level of diversity uncommon amongst most all other properties; Quail Courses, 8 Trophy Bass Stocked Ponds, Deer Stands, Turkey Grounds, Ducks, 2 Residences, Office Building, Helicopter Hangar, English Garden, Tractor Sheds, Paved Entrance, and Miles of Trails. Cutter Ridge currently operates as a private Quail Preserve, but would be ideal for the equestrian looking for a picturesque horse farm. This is a once-in-a-lifetime opportunity to own a True Southern Lifestyle Legacy Property. Showing by Appointment Only.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Bolivia ElementaryGrades PK-56.6 mi
4/10
South Brunswick MiddleGrades 6-86.4 mi
4/10
South Brunswick HighGrades 9-126.2 mi

Construction

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 3,438

Interior Area

  • Total structure area: 3,438
  • Total interior livable area: 3,438 sqft

Property

Details

  • Parcel number: 11300040, 11300038
  • Lease amount: 0

Lot

  • Lot size: 350 Acres

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
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Wildfire
Winter Weather
Tsunami

FEMA Declared Disasters in Brunswick County and North Carolina

Fire
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 $49,276$591,312
Home Insurance *$3,147$37,764
Property Taxes $3,669$44,028
Electricity $320$3,842
Total$56,412$676,944
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,934,125/yr
40% on housing$1,692,360/yr
45% on housing$1,504,320/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: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,834This listing

vs Other Active Listings

Avg $/sqft

ZIP 28479$193
Brunswick County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 28479$195
Brunswick County$205

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
2026-05-12Listed for sale$9,745,000
2021-01-13Sold$550,000

For Sale by Agent

AgentCailein Campbell
BrokerageNational Land Realty, Southeastern NC

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