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
Delayed Marketing?: No
Sub-Type: Residential Land
List Price/Acre: 9464285.71
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2023-11-02
Listing Price: 5300000
Current Price: $5,150,000
Location Information
City Limits: No
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 88
Street Name: Beach
Street Suffix: Road
Post Direction: S
County: New Hanover
State/Province: NC
Zip Code: 28411
Subdivision: Figure Eight Island
Geo Lat: 34.258412
Geo Lon: -77.753929
Remarks and Showing
Sign on Property: Yes
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.
Property Exterior Info
Acres - Total: 0.56
Lot SqFt: 24394
Deed Restriction: Yes
Waterfront: Yes
Total Road Frontage: 100
Waterview: Yes
Location Type: Island
Water Frontage: 100
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
Bldgs on Property
None: 1
HOA and Neigh Amenities
Gated: 1
Jogging Path: 1
Maint - Comm Areas: 1
Maint - Roads: 1
Ramp: 1
Tennis Court(s): 1
Trash: 1
HOA
Association Fee 1/Year: 6400
Association Phone: 9106860635
Soil Evaluation
Soil Evaluation - Yes: 1
Frontage Type
Oceanfront: 1
View Type
Sound View: 1
Topography
Cleared: 1
Terms
Cash: 1
Conventional: 1
Fuel Tank
None: 1
Environmental Hazard
Unknown: 1
Road Type/Frontage
Private Road: 1
Lot Water Features
Ocean Side: 1
Utilities
Water Available: 1
Sewer
Septic Tank: 1
Water Source
Community Water: 1
Status Change Info
Under Contract Date: 2024-01-25
Sold Price: $5,150,000
Sold Date: 2024-02-21
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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