An exceptional opportunity to build along the riverfront within one of North Carolina's most distinguished gated communities. Perched on an elevated bluff overlooking the Northeast Cape Fear River, this homesite captures sweeping water views. Design and construct a custom residence tailored to your vision while enjoying the serenity, privacy, and natural beauty that define this premier setting. River Landing offers a refined yet relaxed lifestyle within a nationally recognized master-planned community, seamlessly blending world-class amenities with the charm of a close-knit coastal town. Optional membership provides access to two NC Golf Panel-designated Top 50 championship courses, complemented by an array of upscale amenities including a resort-style pool, fitness center, tennis and pickleball courts, and an elegant clubhouse featuring both fine dining and a welcoming bar and grille. Residents enjoy a vibrant social atmosphere with curated clubs, events, and classes, as well as scenic walking and biking trails that lead to the River Lodge, where a sandy beach and kayak access invite exploration of the Northeast Cape Fear River. Ideally located, the coast is just a short 45-minute drive away--offering the perfect balance of waterfront living and beach accessibility. A truly compelling offering for those seeking an elevated lifestyle in the Southeast.
Vacant landProperty Type
0.49 acresLot Size
$51,020Price/Acres
$131/moHOA Dues
Listed by Sabourin Homes Sabourin• Coldwell Banker Sea Coast Advantage
River Landing, located between the Northeast Cape Fear River and NC-41, is a residential and golf-course Wallace neighborhood with manicured fairways and winding cul-de-sacs. The streets read as low-slung coastal Carolina architecture—brick, siding, and broad porches—set behind pines and tidy landscaping. The neighborhood’s character concentrates around the River Landing Clubhouse, where the course, practice greens, and social calendar set the day’s rhythm. River Landing Golf Club and its clubhouse dining act as the community’s signature gathering spots. A short drive leads to Wallace’s historic downtown blocks for local storefronts and small-town errands.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Waterfront lot
Has a view
Exterior features
River frontage
100 feet of river frontage
Paved road access
Located on a private road
Community features include gated entry, clubhouse, pool, tennis courts, golf course, barbecue areas, and fitness center
Home design
Residential lot in River Landing subdivision
Security
Gated community with managed security at the entrance
Construction
Vacant land (no structures)
HOA & community
Homeowners association with annual fee of $1,570 (about $130.83/month)
Association amenities: Cable TV, barbecue areas, fitness center, gated community, golf course, management, tennis courts, pool
Other
Directions: From I-40 take Exit 385 toward Wallace, turn north onto NC-41, enter River Landing main entrance and proceed through the security gate. Follow Paddlewheel Drive past the clubhouse and across the brick bridge, then turn left onto Falling Water Way. The homesite will be on the left.
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 106° expected this year, 18 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Wallace, NC • 28466
Average low and high temperatures (°F)
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28
58
36
72
45
79
53
81
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91
73
85
68
82
64
74
51
68
44
57
35
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Wallace. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 167 Falling Water Way
$22,705
$2,295 under list price of $25K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $15K to $330K.