88 Beach Road S, Wilmington, NC 28411
$2,750,000
Property Type:
Land
Lot Size (sq. ft.):
24,389
Status:
Closed
Current Price:
$2,750,000
List Date:
7/20/2020
Last Modified:
11/10/2020
Description
Prime ocean front lots on exclusive Figure Eight Island do not come along often..... and this lot is one of them! Build the home of your dreams on a private island.
Figure Eight Island Yacht Club Warant included.
More Information MLS# 100227616
Contract Info
Status: Closed
Marketing Start Date: 2020-07-17
Sub-Type: Residential Land
Auction: No
Listing Price: 2850000
Current Price: $2,750,000
List Price/Acre: 5089285.71
Stipulation of Sale: Standard
Location Information
Street #: 88
Street Name: Beach
Street Suffix: Road
Post Direction: S
County: New Hanover
State/Province: NC
Zip Code: 28411
City Limits: No
Marketing City: Wilmington
Subdivision: Figure Eight Island
Secondary Subdivision: N/A
Geo Lat: 34.258414
Geo Lon: -77.753929
Remarks and Showing
Directions to Property: Take Highway 17 North to Left on Porters Neck Road. Turn right onto Edgewater Club Road. Go through security to Bridge Road bear right onto Beach Road South.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 0.56
Lot SqFt: 24389
Deed Restriction: Yes
Total Road Frontage: 100
Waterfront: Yes
Water Frontage: 100
Waterview: Yes
Location Type: Island
Legal and Taxes
Tax Assessed Value: 1364500
Deed Book: 6101
Deed Page: 2857
Legal: 141 SEC 4 FIGURE 8 ISLAND
Broker Owner: No
PID: R04520-002-008-000
Tax Identifier: R04520-002-008-000
Plat Book: 3026
Plat Page: 467
Special Assessments: Mason's Inlet Periodically
Tax Year: 2019
Zoning: R-20S
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: New Hanover
Elementary School: Porters Neck
Middle School: Holly Shelter
High School: Laney
Status Change Info
Under Contract Date: 2020-07-30
Sold Price: $2,750,000
Sold Date: 2020-11-09
Current Service Providers
Electric Provider: Duke Energy
HOA
Association Fee 1/Year: 5085
HOA 1 Mgmt. Company: Figure Eight HOA
HOA 1 Mgmt. Phone: 910.686.0635
Property Features
Current Use: Residential
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Frontage Type: Oceanfront
Topography: Cleared
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Subdivision
Utilities: Water Available
Sewer: Septic Tank
Water Source: Community Water
HOA and Neigh Amenities: Boat Dock; Gated; Maint - Comm Areas; Security; Tennis Court(s); Trail(s)
Terms: 1031 Exchange; Cash
Listing Office: Figure Eight Realty
Last Updated: November - 10 - 2020
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