125 Falling Water Way Wallace, NC 28466
Wallace AreaEstimated payment $5,375/month
Highlights
- Golf Course Community
- Basketball Court
- Gated Community
- Fitness Center
- Media Room
- River View
About This Home
Custom-Built riverfront retreat in the prestigious River Landing!! Experience the charm of resort-style living in the esteemed gated golf course community. This residence is the pinnacle of luxury, boasting panoramic views, exquisite craftsmanship, and unmatched amenities. Nestled on a precisely landscaped three-quarter-acre lot, this 4,349 sq. ft., 4/5-bedroom home offers an inviting balance of grandeur and comfort. The lush, low-maintenance yard provides the perfect backdrop for peace and privacy, while a paved walkway leads to three separate decks, all overlooking the tranquil river—your own personal sanctuary for sunrises, stargazing, and everything in between. Step inside to an open-concept layout that immediately welcomes you with warmth and elegance. The gourmet kitchen is a chef's dream, featuring custom cabinetry, stainless steel appliances, and a generously sized island with bar seating. The adjacent great room is equally impressive, showcasing coffered ceilings, a gas fireplace, custom built-ins, and a sunroom bathed in natural light. For those who love to entertain, the outdoor amenities are second to none. Enjoy evenings by the natural gas firepit and let the river be your backdrop for unforgettable gatherings. Inside, the home continues to impress with two spacious primary-floor bedrooms, a flex space with French glass doors perfect for a formal dining room or home office, and a media room upstairs with balcony access—a front-row seat to peaceful views and fiery sunsets. Additional highlights include: Oversized two-car garage with dedicated storage and exterior access, Whole-house generator for peace of mind, Central vacuum system, Dual-zoned HVAC for personalized comfort, 75-gallon water heater, Irrigation well and sealed crawl space with dehumidifier. This exceptional home truly captures the spirit of gracious southern living, combining modern comforts with timeless craftsmanship. Don't miss the chance to claim your slice of paradise in one of the area's most highly sought-after communities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,575
Year Built
- Built in 2010
Lot Details
- 32,234 Sq Ft Lot
- River Front
- Property fronts a private road
- Fenced Yard
- Decorative Fence
- Property is zoned RA
HOA Fees
- $172 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side Facing Garage
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 4,349 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Fireplace
- Blinds
- Entrance Foyer
- Living Room
- Formal Dining Room
- Media Room
- Home Office
- River Views
- Crawl Space
- Laundry Room
Kitchen
- Double Oven
- Built-In Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Bamboo
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Walk-in Shower
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Basketball Court
- Balcony
- Deck
- Porch
Schools
- Wallace Elementary And Middle School
- Wallace-Rose Hill High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Power Generator
- Whole House Permanent Generator
- Natural Gas Connected
Listing and Financial Details
- Tax Lot B6
- Assessor Parcel Number 096875
Community Details
Overview
- River Landing Poa, Phone Number (910) 285-1038
- River Landing Subdivision
- Maintained Community
Amenities
- Community Garden
- Restaurant
- Clubhouse
- Party Room
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Community Playground
- Fitness Center
- Community Pool
- Park
- Trails
Security
- Resident Manager or Management On Site
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,198 | $777,900 | $30,000 | $747,900 |
| 2024 | $4,548 | $545,000 | $44,800 | $500,200 |
| 2023 | $4,575 | $545,000 | $44,800 | $500,200 |
| 2022 | $4,484 | $545,000 | $44,800 | $500,200 |
| 2021 | $4,563 | $545,000 | $44,800 | $500,200 |
| 2020 | $4,563 | $545,000 | $44,800 | $500,200 |
| 2019 | $4,454 | $545,000 | $44,800 | $500,200 |
| 2018 | $3,370 | $545,000 | $44,800 | $500,200 |
| 2016 | $6,116 | $785,300 | $320,000 | $465,300 |
| 2013 | $5,917 | $785,300 | $320,000 | $465,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2026 04/23/26 | Price Changed | $884,900 | -1.7% | $203 / Sq Ft | |
| 07/20/2025 07/20/25 | For Sale | $899,900 | +5.9% | $207 / Sq Ft | |
| 06/21/2024 06/21/24 | Sold | $850,000 | -4.4% | $198 / Sq Ft | View Prior Sale |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- | |
| 04/03/2024 04/03/24 | For Sale | $889,000 | -- | $207 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $615,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Construction |
Source: Hive MLS
MLS Number: 100520169
APN: 09-6875
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2026 Hive MLS LLC
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