$4.9 million mansion is New Hanover County’s most expensive sale in decade

WILMINGTON, NC (WWAY) — A mansion located on Masonboro Sound Road just sold for $4.9 million, making it the highest residential sale in New Hanover County in more than a decade, according to a release from Landmark Sotheby’s International Realty.

The home, known as “Live Oaks,” locally known and often referred to as The Parsley Estate, sits on 7 acres fronting the Atlantic Intracoastal Waterway.

Built in 1913, Live Oaks was a summer playground for the rich and famous of the early 20^th century, hosting the likes of the Vanderbilts and Astors as frequent visitors.  The house itself was custom designed by Henry Bacon, famed architect of the Lincoln Memorial, among many other notable works.

David Benford, of Landmark Sotheby’s International Realty represented both buyer and seller in the transaction.