Digitally Enhanced - 125 Falling Water Way, Wallace, NC 28466
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81 photos

$860,000

125 Falling Water Way, Wallace, NC 28466
Wallace, NC 28466
Listed by Jenifer Kiefer · 360 REALTY
Bedrooms
5
Bathrooms
4.5
Living area
4,349 sqft
Year built
2010

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.

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
100520169
Property type
Single Family Residence
Subdivision
River Landing
Status
Active
Days on market
454
On market date
July 20, 2025
Stories
N/A
Total bathrooms
4.5
Garage spaces
2
Parking spaces
2
Lot size
0.74 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Wallace Elementary
2.61 mi away · Grades -1-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
1,165
Student:teacher ratio
16.2:1
District
Duplin County Schools
Middle
None found nearby
High
Wallace-Rose Hill High
4.52 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
711
Student:teacher ratio
17.8:1
District
Duplin County Schools

Walkability

Blended score for Wallace's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

11
Very car-dependent
out of 100
EPA National Walkability Index
3.5 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Wallace, from live MLS data.

On the market 454 days -- 306 more days than Wallace's current average of 148 days.
For reference, the median list price across 119 active listings in Wallace right now is $149,900.

Mortgage calculator

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Est. monthly payment
$5,329/mo
$172,000 down
$688,000 loan
Principal & interest$4,462
Property tax (est.)$717
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 13 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.