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Lee 27332
1113 Falling Stream
$737,400
● House - For Sale

1113 Falling Stream

Sanford, NC 27332
bedrooms
5 Beds
bathrooms
3 Baths
square feet
4,252 Ft²
$4,124
Est. Monthly
$119
HOA / Fees

About This Property

Lake views set the tone from the moment you arrive. Calm water, shifting light, and a sense of privacy that is hard to find inside a gated community. It feels tucked away, but everything about the home is built for everyday living. New roof and one new HVAC already in place. The main level lives easily. True ranch layout with vaulted ceilings that open the space and pull in the view. Hardwood floors run through the core living areas, grounded by a fireplace in the family room and a dining area positioned to take in the water. The kitchen is substantial and well thought out. Gas cooktop, stainless appliances, custom finishes, and solid doors throughout. It's the kind of space that works just as well for a quiet morning as it does when the house is full. A dedicated office sits on the main level, set apart enough for focus without feeling disconnected. The primary suite is generous, with tray ceilings, two walk-in closets, and a bath designed for function and comfort. Dual vanities, a jetted tub, and a separate shower all in place. Downstairs, the finished walkout basement expands the footprint in a meaningful way. Two additional bedrooms, a full bath, and a large recreation room that opens directly to a 15x32 patio and the backyard beyond. There's also a substantial unfinished area ready to be built out or kept as storage, depending on your needs. The setting carries outside. A circular driveway offers a welcoming approach, and the deep two-car garage gives you room to spread out. The structure and systems are solid. The finishes are clean and ready for someone to make their own. Quality construction, a waterfront lot, and a flexible layout that works now and adapts over time. It's a rare combination of move-in ready and open-ended potential in a setting that speaks for itself.
Unit Size
4,252 Ft²
Days on Market
98 days
Land Size
0.80 acres
Price per sqft
$173
Property Type
House
Property Taxes
$384
HOA Dues
$119
Year Built
2000

Listed By

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Last updated: 3 months ago (TMLS #10181224)

Price History

Date / Event Date Event Price
Jul 17, 2026 Listed by Compass -- Raleigh $737,400
Listed by Compass -- Raleigh
Oct 22, 1999 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Faces Front
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Storage, Walk-In Closet(s), Bathtub Only, Bathtub/Shower Combination, Primary Downstairs, Shower Only, Smooth Ceilings
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Washer/Dryer
Flooring Type: Ceramic Tile, Hardwood
Laundry Features: Laundry Room, Main Level
Rooms: 14
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Partially Finished, Storage Space, Walk-Out Access
Exterior Details
Square Footage: 4252
Security Features: Gated Community, Gated with Guard, Smoke Detector(s)
Architectural Style: Colonial, Ranch, Traditional
Year Built: 2000
Building Area Total: 4252
Levels: One and One Half
Construction Materials: Brick Veneer
Patio and Porch Features: Deck, Patio, Other
Lot Features: Agricultural, Close to Clubhouse, Front Yard, On Golf Course, Waterfront, Hardwood Trees
Lot Size Area: 0.8
Lot Size Units: Acres
Lot Size Acres: 0.8
Lot Size Square Feet: 34848
Water Source: Community Water
Financial Details
Tax Map Number: 1113
Tax Assessed Value: $581,900
Tax Annual Amount: $4,603
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Forced Air
Sewer : Community Sewer
Location Details
HOA/Condo/Coop Fee Includes: Road Maintenance
HOA/Condo/Coop Amenities: Clubhouse, Pool
HOA Fee: $1,425
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,222
  • Garage Type: 1
  • Garage Square Area: 858
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,944
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 840
  • Total Building Area: 4,173
  • Gross Building Area: 2,951
  • Building Area: 4,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 4,173
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAROLINA TRACE
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: LOT 1113 SOUTH LANDING PC 3/378

Neighborhood

  • School District Name: Lee County Schools
  • Census Tract: 030507

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MAP 9660 04
  • Parcel: 9660-94-5073-00
  • Block: SOUTH L
  • Lot: 1113
  • Municipality: CAROLINA TRACE
  • Latitude: 35.4097
  • Longitude: -79.1019

    Address

  • Full Address: 1113 Falling Strm
  • Address - House Number: 1113
  • Address - Street Name: Falling
  • Address - Suffix Type: Strm
  • State: NC
  • City Name: Sanford
  • Carrier Code: R017
  • 4-Digit Zip Code: 7370
  • Zip Code: 27332

Valuation

    Tax

  • Total Area: 4,173
  • Tax Year: 2023
  • Tax Amount: $465,323
  • Tax Rate Code Area: FCT

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 569,615
  • High Value: 783,514
  • Low Value: 355,715

    Market Valuation

  • Market Total Value: $581,900
  • Market Land Value: $125,000
  • Market Improvement Value: $456,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,900
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $456,900

    Sales

  • Current Sale Contract Date: Oct 22, 1999
  • Current Sale Recording Date: Oct 22, 1999
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lee


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Frequently Asked Questions

When was property at 1113 Falling Stream built and last sold?
The property at 1113 Falling Stream was built in 2000 and last sold on Oct 22, 1999 for $102,000.
How much is this home worth?
The estimated value of the home located at 1113 Falling Stream is $744,774.
What are some comparable homes to 1113 Falling Stream?
There are currently no comparable homes to 1113 Falling Stream.