88 Beach Road S, Wilmington, NC 28411 (MLS# 100412751)

88 Beach Road S, Wilmington, NC 28411

$5,150,000

Property Type: Land Lot Size (sq. ft.): 24,394 Status: Closed

Current Price: $5,150,000 List Date: 11/02/2023 Last Modified: 2/22/2024

Overview

Description

Prime ocean front lot on exclusive Figure Eight Island. Price includes a full set of architectural plans designed by David Lisle and already fully approved by the Figure Eight Island HOA! Build this beautiful home or design your own. CAMA and Septic permits in hand. Figure Eight Island Yacht Club warrant included. This is a wonderful opportunity to build a new home. The leg work has already been completed, which saves you precious time and money!

Listing Details MLS# 100412751

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2023-11-02
Sub-Type: Residential Lot
Listing Price: 5300000
List Price/Acre: 9464285.71
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

Remarks and Showing

Directions to Property: Highway 17 N 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: 24394
Deed Restrictions: Yes
Total Road Frontage: 100
Waterfront: Yes
Water Frontage: 100
Waterview: Yes
Location Type: Island

Legal and Taxes

Tax Assessed Value: 2613400
Deed Book: 6376
Deed Page: 2244
Legal: Lot 141 Section 4 Figure Eight Island
Broker Owner: No
PID: R04520+002-008-000
Tax Identifier: R04520-002-008-000
Plat Book: 6101
Plat Page: 2857
Total Real Estate Property Taxes: 13655.02
Special Assessments: Mason's Inlet
Tax Year: 2023
Zoning: R-20S
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Porters Neck
Middle School: Holly Shelter
High School: Laney

Status Change Info

Under Contract Date: 2024-01-25
Sold Date: 2024-02-21

More Information

HOA

Association Fee 1/Year: 6400
Association Phone: 9106860635

Property Features

Bldgs on Property: None Soil Evaluation: Soil Evaluation - Yes Frontage Type: Oceanfront Topography: Cleared View Type: Sound View Fuel Tank: None Environmental Hazard: Unknown Utilities: Water Available Sewer: Septic Tank Water Source: Community Water Lot Water Features: Ocean Side HOA and Neigh Amenities: Gated; Jogging Path; Maint - Comm Areas; Maint - Roads; Ramp; Tennis Court(s); Trash Terms: Cash; Conventional

IDX

Listing Office: Figure Eight Realty

Last Updated: February - 22 - 2024

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