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174 Southern Magnolia Lane, Wallace, NC 28466

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For Sale

$675,000

5 beds • 4 baths • 4,003 sqft

Estimated Payment

$ 3,762 /mo. †

6.76% APR for 30 yrs.
$3,077 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $168.62
    Price per square foot

  • 11-20 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Tucked away in the sought-after gated golf community of River Landing, this Southern charmer graces the end of a tranquil cul-de-sac, just steps from a picturesque community path. Thoughtfully crafted with exceptional attention to detail, the home boasts elegant custom trim work, including crown molding, picture frame wainscoting, transom windows, and beautiful hardwood floors throughout. Designed to adapt to your lifestyle, the main level features three bedrooms, which can also serve as home offices, alongside a formal dining room, a spacious living area, a well-appointed kitchen, and a convenient laundry room. Upstairs, two additional bedrooms, a full bathroom, a bonus room, ample storage, and a versatile den with built-ins and a wet bar offer endless possibilities. The inviting front porch opens to a grand foyer, unveiling a formal dining room, a front bedroom (or office), and a private ensuite with a large walk-in closet. The living room, centered around a natural gas fireplace and built-in shelving, exudes warmth and charm. The primary bedroom is a private retreat, featuring a generous walk-in closet with custom wood shelving, a linen closet, and abundant natural light from oversized windows. Its ensuite bath includes dual vanities, a jacuzzi tub, a tiled walk-in shower, and a private water closet, with direct access to the serene sunroom. The heart of the home is the kitchen, complete with a natural gas cooktop, wall oven, built-in microwave, tile backsplash, pantry, and island seating. A cozy dinette and adjacent conversation area make it perfect for everyday living or entertaining. French doors from the living room lead to the expansive Carolina sunroom, ideal for year-round enjoyment of indoor/outdoor living. With its neutral paint and newer carpet, this home provides a blank canvas, inviting you to personalize the space and make it uniquely yours.
MLS# 100485810

Courtesy Of Red Realty Investors, LLC

(910) 777-2200

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Porch, Patio
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Wood
  • Heating System
    Fireplace, Heat Pump
  • Lot Size
    0.45 Acres

Map and Directions

Directions to 174 Southern Magnolia Lane, Wallace, NC 28466

Home seller CENTURY 21 New Millennium

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(410) 266-9005
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,506
  • Property Taxes
    $256
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,762

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Wallace Elementary School

Grades PK-8 Public School

Wallace, NC 28466 2.8 miles
4266 nc 11 s

1153 total students
16:1 Student teacher ratio

School Rating: D-

School Details

Wallace-rose Hill High School

Grades 9-12 Public School

Teachey, NC 28464 3.5 miles
602 high school rd

697 total students
17:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
Zelophehad's Daughters Christian Academy 3.2 miles Private 1-9
New Hope Christian Academy 3.8 miles Private PK-8

Zelophehad's Daughters Christian Academy

Distance: 3.2 miles

Type Private

Grades: 1-9

New Hope Christian Academy

Distance: 3.8 miles

Type Private

Grades: PK-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Wallace, NC 28466

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Wallace, NC 28466

This community’s employment is highest in the production occupations and sales industries. The area’s overall household expenses are below the national average.

90° July
Hottest Average Month
33° January
Coldest Average Month
3,797 Total Households in Area
2.5% Increase in population since the year 2010
22.2%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Wallace, NC 28466

Wallace, NC 28466 has a population of 9,069 people in 3,797 households with a median age of 48.3 years old.

2.5%
Increase in population
since the year 2010
Population is Trending up
3,544
Total households as of 2010
7.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 48.3 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 56%
Black 24%
Hispanic 18%
Other 14%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 56%, followed by Black at 24%, Hispanic at 18%, and Other at 14%.

Economics
for Wallace, NC 28466

50 /sq mi
Population Density
$57,327 /yr
Median Household Income
$279,500
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.06% of the households.

Transportation to Work

  • Drive 95%
  • Work from Home 3%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 3,019 64%
Vacant 900 19%
Rented 779 17%

White vs Blue Collar Jobs







White Collar 59%
Blue Collar 41%

Family & Education Facts
for Wallace, NC 28466

48.3 Median Age

Average Household Size

2.4
persons per
household

50.7%

Married Households

Community Population By Education

High School Graduate 26%
Some College 25%
Bachelors Degree 17%
Some High School 15%
Associates Degree 9%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 26.38% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
22.2% of households have children

Weather
for Wallace, NC 28466

The weather for this area ranges from a high of 90° F in July to a low of 33° F in January

90° July
Hottest Average Month
33° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
33°
57°
Feb
34°
60°
Mar
40°
67°
Apr
48°
76°
May
56°
82°
Jun
64°
88°
Jul
68°
90°
Aug
67°
89°
Sep
62°
84°
Oct
50°
76°
Nov
41°
67°
Dec
34°
58°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Hive MLS / Cape Fear Realtors MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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