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
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!
More Information MLS# 100412751
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2023-11-02
Sub-Type: Residential Land
Listing Price: 5300000
Current Price: $5,150,000
List Price/Acre: 9464285.71
Stipulation of Sale: None
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: 34.258412
Geo Lon: -77.753929
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 Restriction: 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 Price: $5,150,000
Sold Date: 2024-02-21
HOA
Association Fee 1/Year: 6400
Association Phone: 9106860635
Property Features
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - Yes
Topography: Cleared
View Type: Sound View
Fuel Tank: None
Environmental Hazard: Unknown
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
Listing Office: Figure Eight Realty
Last Updated: February - 22 - 2024
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