About this home
The BROOKSHIRE by Charter Building Group! This wonderful 3 BR and 2 Full Bath and 1 Half Bath home is a Proposed Construction home with views overlooking the Cape Fear River. Home also includes a dedicated Office/Den and Upstairs Gathering Room with a covered Porch that will offer expansive river views! If this home doesn't fit your needs we can build your dream home in RIVERLIGHTS, a WATERFRONT community with state of the art amenities and friendly vibes. Charter Building Group homes feature modern interior finishes, oversized windows, quality craftsmanship and spacious outdoor living spaces. This location is very close to the RIVER LIGHTS LAKE, widely known for its easy access, spouting fountains and great kayaking. Home ownership includes use of this lake, the beautiful RIVER LIGHTS CLUBHOUSE, pool, fitness facility, wonderful trails and outdoor gathering areas. Plus enjoy shopping, dining and River Front boardwalk at nearby Marina Village. To learn more about Charter Building Group homes and lot offerings please visit our model home at 1001 Trisail Terrace. Model Open Mon-Sat 10am-5pm and Sun 12pm-5pm.
Facts
- Type
- Single Family Residence
- Year built
- 2026
- Lot
- 0.18 acres
- Garage
- 2 spaces
- HOA
- $1,740 / annually
- Community
- Riverlights
- County
- New Hanover
- MLS #
- 100503219
Features
Inside
- Master Downstairs
- High Ceilings
- Entrance Foyer
- Mud Room
- Bookcases
- Kitchen Island
- Ceiling Fan(s)
- Pantry
- Walk-in Shower
- Gas Log
- Carpet
- Laminate
- Wood
- Vented Exhaust Fan
- Gas Cooktop
- Electric Oven
Outside
- Level
- Corner Lot
- River
Community
- Clubhouse
- Comm Garden
- Community Pool
- Dog Park
- Fitness Center
- Game Room
- Maintenance Common Areas
- Meeting Room
- Park
- Party Room
- Picnic Area
- Playground
- Sidewalks
- Street Lights
- Trail(s)
Parking
- Garage Faces Front
- Garage Door Opener
Heating & cooling
- Electric
- Forced Air
- Heat Pump
- Zoned
- Central Air
Schools
- Elementary
- Williams
- Middle
- Myrtle Grove
- High
- New Hanover
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
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Recent sales like this in Riverlights
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 416 Conescu Loop, Wilmington | Oct 5, 2026 | 4 / 3 | 2,522 | $760,000 | $301 |
| 133 Longhill Drive, Wilmington | Oct 1, 2026 | 4 / 4 | 3,103 | $797,440 | $257 |
| 4422 Old Towne Street, Wilmington | Sep 28, 2026 | 5 / 4 | 3,381 | $725,000 | $214 |
| 113 Longhill Drive, Wilmington | Sep 10, 2026 | 4 / 3 | 2,817 | $747,418 | $265 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wilmington? Local guides
- Leland vs. Wilmington: What You Get for Your MoneyLeland vs. Wilmington, NC side by side from 12 months of real sales: price per square foot, home size and age, days on market, new construction and HOAs.
- Before You List on the NC Coast: Inspect, Repair or Sell As-Is?What to do before listing a home in Wilmington and the southeastern NC coast: a pre-market inspection, what to fix, credit or disclose, roof/HVAC/insurance questions coastal buyers ask, photos, pricing and offers.
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
Explore the area
About 5116 Folklore Way
5116 Folklore Way is a 3-bedroom, 3-bath home of about 2,943 square feet, built in 2026 in Riverlights, Wilmington, New Hanover County, NC 28412.
At $873,900, it's 114% above the median asking price ($409,000) of the 477 other 3-bedroom listings for sale in Wilmington today.
That's about $297 per square foot, compared with a Wilmington median asking price of $262 per square foot.
37 other homes are for sale in Riverlights right now (median asking $580,000); 161 homes sold there in the last 12 months at a median of $545,000, typically in about 83 days.
Across ZIP 28412, 493 3-bedroom homes sold in the past year at a median of $415,730.
It has been on the market for 543 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Riverlights neighborhood guideHomes for sale in WilmingtonNew Hanover County homesNew construction in Wilmington
Buying 5116 Folklore Way
- See it in person. Pick a time and we'll call to confirm — often same day.
- Practice your offer. Try our new Offer Simulator: see how a seller might answer, go back and forth, and learn how offers work in NC. No risk, no sign-up.
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Own a home near 5116 Folklore Way? See what it's worth — a home value report built from real sales in Riverlights.
What's my home worth? →Questions about 5116 Folklore Way
How much is 5116 Folklore Way?
5116 Folklore Way is listed at $873,900 (about $297 per square foot) as of October 19, 2026. Status: for sale.
How many bedrooms and bathrooms does 5116 Folklore Way have?
3 bedrooms and 3 bathrooms, with about 2,943 square feet.
What neighborhood is 5116 Folklore Way in?
Riverlights, in Wilmington, New Hanover County, North Carolina.
How long has 5116 Folklore Way been on the market?
543 days. Homes in Riverlights sold after a median of 83 days over the past year.
What have homes sold for in Riverlights?
161 homes sold in Riverlights in the last 12 months, at a median price of $545,000.
Does 5116 Folklore Way have an HOA fee?
Yes: $1,740 (annually), per the MLS.
When was 5116 Folklore Way built?
2026 — it's new construction.
Who is the listing broker for 5116 Folklore Way?
Coldwell Banker Sea Coast Advantage (MLS #100503219). The Buddy Blake Team can show it to you and answer questions.
Can I tour 5116 Folklore Way?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.
