Water Views
Address
517 Beach Road N, Wilmington, NC
Price
$ 2,900,000
Property Attributes
  • MLS#100439911
  • TypeLand
  • CountyNEW HANOVER
  • CityWilmington
  • AreaFigure Eight Island
  • Zip28411
  • StyleResidential Land
  • Taxes$ 5031
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.62 Acres
Data Source:
North Carolina Regional MLS (NCRMLS)
Property Description

Rare opportunity to build your dream home on exclusive, private Figure Eight Island! This large .62 acre lot is just steps away from the beach and provides the opportunity to design a home capturing views of the ocean, inlet, marsh and ICW. Preliminary plans including a pool by Maria Williams with John Stirewalt Architecture are available (see attached documents). Four bedroom permit septic permit in place. A Figure Eight Island Yacht Club Charter Membership included ($60,000 value)...offering access to a large pool and cabana, clay tennis courts, fitness classes, the opportunity to lease a boat slip in the Marina (there is a waitlist), and dining facilities. In addition the HOA offers a boat ramp, walking/biking trail and tennis/pickleball courts to all island residents. Figure Eight is a gated community offering immense privacy and over 5 miles of pristine beach. Enjoy the beauty and tranquility that you can only find on Figure Eight Island!

Price History
4/20/2024 Listed $2,900,000

General Features

Utilities Community Water Available,Septic Permit on file
Possession At Closing
Zoning R-20S
Status Active
Subdivision Figure Eight Island
Topography Undeveloped
County New Hanover
Stipulation of Sale None
Property Type B
HOA Yes
Terms 1031 Exchange,Cash,Conventional
Tax Year 2023
Special Assessments Mason's Inlet periodically
Cobra Zone No
Lot Sqft 26833.00
Days on Market 65
City Limits No
Sub-Type Residential Land
Waterview Yes
City Wilmington
Geo Lat 34.290132
Tax Assessed Value 963000.00
Secondary Subdivision N/A
HOA and Neigh Amenities Beach Access,Gated,Jogging Path,Maint - Comm Areas,Maint - Roads,Ramp,Security,Tennis Court(s),Trash
Listing Member Name Jo El J Skipper
Geo Lon -77.720176
Location Type Island

Exterior Features

Lot Description Interior Lot
Waterfront No
Lot Dimensions 103x294x78x300
Fuel Tank None
Environmental Hazard No
Soil Evaluation Soil Evaluation - No
Acres 0.62
View Type Water View
List Price/Acre 4677419.35
Total Road Frontage 103
MLS Identifier 20150918160742258811000000
Buildings on Property None
Lot Water Feature Water Access Comm,Waterfront Comm
Road Type/Frontage Private

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 28411

Price
AVG $770K
$2.9M
Taxes
AVG $914
$5,031
Visits
AVG 229
192
Data Provided by Inside Real Estate®

Your Agent

Christie Ethridge

Office Manager, Bookkeeper

910-256-3528

Listed By
Jo El J Skipper with Figure Eight Realty - (910) 616-0455