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 Land
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 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 Date
2024-02-21

More Information

HOA

Association Fee 1/Year
6400
Association Phone
9106860635

Bldgs on Property

None
Yes

HOA and Neigh Amenities

Gated
Yes
Jogging Path
Yes
Maint - Comm Areas
Yes
Maint - Roads
Yes
Ramp
Yes
Tennis Court(s)
Yes
Trash
Yes

Soil Evaluation

Soil Evaluation - Yes
Yes

Frontage Type

Oceanfront
Yes

View Type

Sound View
Yes

Topography

Cleared
Yes

Lot Water Features

Ocean Side
Yes

Terms

Cash
Yes
Conventional
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Road Type/Frontage

Private Road
Yes

Utilities

Water Available
Yes

Sewer

Septic Tank
Yes

Water Source

Community Water
Yes

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
Listing Office: Figure Eight Realty
IDX
Last Updated: February - 22 - 2024
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