167 Falling Water Way

21,344 / 0.49
Lot Size / Acres

Description

Enjoy waterfront living on this 0.49-acre B13 lot in Wallace, featuring flat terrain, pine trees, and mixed hardwoods, right along the Northeast Cape Fear River—perfect for a custom home or peaceful retreat. Residents love the small-town charm, friendly community, and easy access to outdoor recreation like boating, fishing, and kayaking on the river. Wallace also offers local attractions such as historic downtown shops and nearby parks, while being a short drive from Wilmington for shopping, dining,...Enjoy waterfront living on this 0.49-acre B13 lot in Wallace, featuring flat terrain, pine trees, and mixed hardwoods, right along the Northeast Cape Fear River—perfect for a custom home or peaceful retreat. Residents love the small-town charm, friendly community, and easy access to outdoor recreation like boating, fishing, and kayaking on the river. Wallace also offers local attractions such as historic downtown shops and nearby parks, while being a short drive from Wilmington for shopping, dining, and big-city amenities. With natural beauty, river access, and serene surroundings, this property combines privacy with convenience. Best of all, it’s priced below market value—making it one of the best deals currently available in Wallace.
  1. Listed by Sheri Gregory • Top Brokerage LLC
    P: (704)-999-6321 C: (704)-999-6321 info@topbrokerage.org

Property Details for 167 Falling Water Way

Waterfront Features
None
LISTING UPDATED: 04/10/2026 04:37 PM

Property Details for 167 Falling Water Way

StatusActive
MLS #4357319
Days on Market43
Taxes-
HOA Fees$1,570 / year
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size0.49 AC
CountyDuplin County

Location

Listing Courtesy of Top Brokerage LLC
Add your commute

Building Information for 167 Falling Water Way

Lot Size0.49 AC

Payment Calculator

$378 per month

30 year fixed, 6.46% Interest

Principal and Interest

$231

Property Taxes

$16

HOA Dues

$131

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 167 Falling Water Way

Summary
Location and General Information
  • Water Body Name: Northeast Cape Fear River
  • Longitude: -77.932017
  • Latitude: 34.733418
  • Directions: From Paddlewheel Dr, at the traffic circle take the 2nd exit onto River Ridge Dr. Turn left onto Falling Water Way. Destination will be on the left.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Subject To: Required
  • HOA Annual Expense: $1,570.00
  • Tax Assessed Value: $30,000.00
  • Parcel Number: 09-6839-3
  • City Taxes Paid To: Wallace
School Information
  • Middle Or Junior School: Wallace Elementary
  • High School: Unspecified
  • Elementary School: Wallace
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Sq Ft Building Minimum: 0
  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 1
  • Road Responsibility: Publicly Maintained Road
  • Senior Community YN: No
  • Restrictions: N/A
Utilities
  • Sewer: None
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Pool Private YN: No
  • Road Surface Type: Other
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 167 Falling Water Way

DateEvent & SourcePriceAppreciation
Apr 10, 2026

Price Change

CANOPY #4357319

$45,900
Mar 13, 2026

Listed (Active)

CANOPY #4357319

$46,900
DateEvent & SourcePrice
04/10/2026

Price Change

CANOPY #4357319

$45,900
03/13/2026

Listed (Active)

CANOPY #4357319

$46,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 167 Falling Water Way

Taxable ValueLand$30,000Additions-Total$30,000
Tax Record2025$197 ($16 / month)
Home Facts
Beds0Lot Size21,344 SqFtStyleMiscellaneous Vacant LandCountyDUPLINAPN09-6839- 3- -

Schools near 167 Falling Water Way

This home is within Duplin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Wallace Elementary
PublicPK to 8

Wallace-Rose Hill High
Public9 to 12

Duplin Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

167 Falling Water Way is a 0.49 ac of land for sale in Wallace, NC 28466. This property was listed for sale on March 13, 2026 by Top Brokerage LLC, it's currently listed at $45,900. This listing's school district is Duplin County School District. Nearby schools include Wallace Elementary, Wallace-Rose Hill High and Duplin Early College High School. 167 Falling Water Way is a 0-bed, 0-bath, 0.49 ac of land on a 21,344 sq. ft. / 0.49 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Top Brokerage LLC

Based on information submitted to the MLS GRID as of 04/10/2026 04:37 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.