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For sale
  • Price cut: $50K (7/22)
    $475,000

    1116 Falling Strm, Sanford, NC 27332

    3beds
    2,323sqft
    : 
    Single Family Residence
    Built in 1975
    0.64 Acres Lot
    $459,500 Zestimate®
    $204/sqft
    $73/mo HOA

    What's special

    Detached garageGourmet kitchenStylestone peninsulaAnderson windowsGranite and corian countertopsHeated tile floorBeautiful lake front pathways
    Calling all Mid-Century Modern lovers! This is a diamond in the rough. It needs some work and is priced accordingly but has SUCH potential! Experience the epitome of lakeside living in this architecturally significant home designed by Arthur Cogswell, nestled on the serene shores of Lake Trace in the prestigious Carolina Trace community. The residence features 3 bedrooms and 2.5 bathrooms, providing ample space for comfortable living. You'll love the gourmet kitchen: The kitchen is equipped with granite and Corian countertops, Kraft Maid maple cabinets, and a stylestone peninsula, perfect for culinary enthusiasts. The property boasts a detached garage with an unfinished upstairs space, offering potential for customization and beautiful lake front pathways.
    61 days
    on Zillow
    |
    6,831
    |
    498
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    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 10:28am

    Listed by:

    KATHERINE SMITH,

    COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

    Source: LPRMLS,MLS#: 744892MLS LogoOriginating MLS: Longleaf Pine Realtors
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1116 Falling Strm.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, Main Level, In Unit
    Features
    • Ceiling Fan(s), Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Granite Counters, Kitchen Island, Kitchen/Dining Combo, Storage, Unfurnished, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile
    • Basement: Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 2,323 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Patio & porch: Balcony, Rear Porch, Covered, Deck, Front Porch, Porch, Screened
    • Exterior features: Balcony, Deck, Porch
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.64 Acres
    • Features: Cul-De-Sac, Dead End, Rolling Slope, Wooded
    • Topography: Rolling
    • Residential vegetation: Wooded
    Details
    • Parcel number: 966094903600
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Split Level
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    Condition
    • New construction: No
    • Year built: 1975

    Community & HOA

    Community
    • Features: Community Pool, Golf, Gated, Waterfront
    • Security: Gated with Guard, Gated Community
    • Subdivision: Carolina Trace
    HOA
    • Has HOA: Yes
    • HOA fee: $875 annually
    • HOA name: South Landing-Carolina Trace Hoa
    Location
    • Region: Sanford

    Financial & listing details

    • Price per square foot: $204/sqft
    • Tax assessed value: $429,800
    • Annual tax amount: $3,419
    • Date on market: 6/5/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: Refrigerator
    • Exclusions: None
    • Ownership: More than a year
    • Road surface type: Paved
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