$8,000
SOLD DEC 15, 2025

118 Riverstone Run Dr Wallace, NC 28466

0.66 Acre
$12,121 Price per Acre
28,750 Sq Ft Lot

Recently Sold

11% Below List Price

77 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • On Golf Course
  • Community Playground
  • Waterfront Community
  • Gated Community
  • Resident Manager or Management On Site

About This Lot

As of December 2025

Take a look at this 0.66 acre lot in the sought after riverfront community of River Landing in Wallace! This parcel is situated discreetly on the golf course without any other homes nearby in the Riverstone section and a new boundary survey and elevation certificate will help you plan your build. This property is in a special flood hazard area and in a floodway so a home would need to be elevated on this particular lot... not a bad thing since you can build UP to take in the nature and golf course views! Minimum ground floor heated area must be at 1200 SQFT, and total heated area must be 2000 SQFT, per covenants. HOA dues on this parcel are $1515/year, and include taxes/insurance/maintenance on common areas, trash removal, street lights, road/parking maintenance, and the gatehouse security. Just a short drive up I-40 from Wilmington NC, River Landing is a true coastal lifestyle community offering not one, but two 18-hole golf courses. Mature tree lined streets & walking paths enable you to enjoy the outdoors as much as possible. River Landing offers several different levels of membership to meet your needs, providing access to as little or as much as you would use and enjoy. Neighborhood amenities include stunning pools, a grand clubhouse with both casual & formal dining options, golf membership, driving range, tennis/pickleball courts, fitness facility, playground, basketball courts, & more. Ask for details and info when you call a Realtor today!

Last Agent to Sell the Property

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 09/15/2025

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 135' x 196' x 137' x 220'
  • Property fronts a private road
  • On Golf Course

HOA Fees

  • $126 Monthly HOA Fees

Schools

  • Wallace Elementary And Middle School
  • Wallace-Rose Hill High School

Additional Features

  • Property is near golf course
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number 09-6537

Community Details

Overview

  • River Landing Poa, Phone Number (910) 285-1038
  • River Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Community Playground
  • Trails
  • Deeded Waterfront Access Rights

Security

  • Resident Manager or Management On Site
  • Gated Community

Additional Features

  • Picnic Area
  • Security

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • Original List Price: 9000.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 13636.36
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Fencing: None
  • Road Frontage Type: Golf Course, See Remarks
  • Road Frontage Type: Private Road, Maintained, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Deeded Water Access, Water Access Comm
  • Waterfront?: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer Provider: Wallace Water Company
  • Electric Provider: Four County Electric
  • Internet Service Providers: Spectrum
  • Water Provider: Wallace Water Company

Condo/Co-op/Association

  • Association Amenities: Waterfront Community, Gated, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Management, Master Insure, Picnic Area, Playground, Security, Street Lights, Trail(s), Trash, See Remarks
  • Association Fees: 1515.00
  • Association Name: River Landing POA
  • Association Phone#: 910-285-1038
  • Has H O A?: Yes

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle Or Junior School: Wallace

Lot Info

  • Deed Book: 2038
  • Deed Page: 990.00
  • Zoning: Residential
  • Current Use: Vacant
  • Environmental Hazard: No
  • Topography: Flood Plain,Level
  • Lot Features: See Remarks, On Golf Course, Deeded Water Rights, Subdivided, Deeded Water Access, Water Access Comm
  • Lot Size Acres: 0.66
  • Lot Size: 135' x 196' x 137' x 220'
  • Lot Size Sq Ft: 28750.00
  • Purchase Contract Date: 2025-12-01
  • Parcel#: 09-6537
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2026
  • Tax Block: 417
  • Tax Book Number: 19
  • Tax Map Number: 09-6537
  • Tax Other Assessment Amount Frequency: none known

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2023
Sold by
Swantak Robert and Swantak Nancy
Bought by
Groundhog Investment Group

Purchase Details

Closed on
Jun 23, 2014
Sold by
Branch Banking And Trust Co
Bought by
Swantak Robert
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $18,000 None Listed On Document
Warranty Deed $18,000 None Listed On Document
Special Warranty Deed $22,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Sold $8,000 -11.1% --
12/01/2025 12/01/25 For Sale $9,000 0.0% --
12/01/2025 12/01/25 Pending -- -- --
09/15/2025 09/15/25 For Sale $9,000 -- --
Source: Hive MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $197 $30,000 $30,000 $0
2024 $218 $26,600 $26,600 $0
2023 $404 $26,600 $26,600 $0
2022 $215 $26,600 $26,600 $0
2021 $404 $26,600 $26,600 $0
2020 $219 $26,600 $26,600 $0
2019 $394 $26,600 $26,600 $0
2018 $380 $26,600 $26,600 $0
2016 $2,686 $190,000 $190,000 $0
2013 $1,415 $190,000 $190,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100530761

Hive MLS

APN: 09-6537