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517 Beach Road N, Wilmington, NC 28411

$2,550,000
Property Type: Land Lot Size (sq. ft.): 26,833 Status: Closed
Current Price: $2,550,000 List Date: 4/20/2024 Last Modified: 8/18/2025

Overview

Description

Rare opportunity to build your dream home on exclusive, private Figure Eight Island! This large .62 acre lot is just steps away from the beach and provides the opportunity to design a home capturing views of the ocean, inlet, marsh and ICW. Preliminary plans including a pool by Maria Williams with John Stirewalt Architecture are available (see attached documents). Previously permitted for a Four bedroom permit septic system. A Figure Eight Island Yacht Club Charter Membership included ($60,000 value)...offering access to a large pool and cabana, clay tennis courts, fitness classes, the opportunity to lease a boat slip in the Marina (there is a waitlist), and dining facilities. In addition the HOA offers a boat ramp, walking/biking trail and tennis/pickleball courts to all island residents. Figure Eight is a gated community offering immense privacy and over 5 miles of pristine beach. Enjoy the beauty and tranquility that you can only find on Figure Eight Island!

Listing Details MLS# 100439911

Contract Info

Delayed Marketing?
No
Marketing Start Date
2024-04-17
Sub-Type
Residential Land
Listing Price
2650000
List Price/Acre
4274193.55
Stipulation of Sale
Standard

Location Information

Street #
517
Street Name
Beach
Street Suffix
Road
Post Direction
N
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
17 N to Porters Neck Road to Right on Edgewater Club Road to Figure Eight Gate. Continue on Bridge Road to left on Beach Road North
Sign on Property
Yes

Property Exterior Info

Acres - Total
0.62
Lot Dimensions
103x294x78x300
Lot SqFt
26833
Deed Restriction
Yes
Total Road Frontage
103
Waterfront
No
Waterview
Yes
Location Type
Island

Legal and Taxes

Tax Assessed Value
963000
Deed Book
5974
Deed Page
2762
Legal
Lot 54, Block B, Section 18 Figure Eight Island
Broker Owner
No
PID
R03811003004000
Tax Identifier
R03811-003-004-000
Plat Book
18
Plat Page
87
Total Real Estate Property Taxes
5031.68
Special Assessments
Mason's Inlet periodically
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
2025-07-13
Sold Date
2025-08-18

More Information

Soil Evaluation

Other
4 bdrm septic permit
Soil Evaluation - No
Yes

HOA

Association Fee 1/Year
8531.52
Association Name
Figure Eight Island Homeowners Assoc
Association Phone
9106860635
HOA 1 Address
15 Bridge Road Wilm

Bldgs on Property

None
Yes

HOA and Neigh Amenities

Beach Access
Yes
Gated
Yes
Jogging Path
Yes
Maint - Comm Areas
Yes
Maint - Roads
Yes
Ramp
Yes
Security
Yes
Tennis Court(s)
Yes
Trash
Yes
Waterfront Community
Yes

View Type

Water
Yes

Topography

Undeveloped
Yes

Lot Water Features

Water Access Comm
Yes

Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Fuel Tank

None
Yes

Environmental Hazard

No
Yes

Lot Description

Interior Lot
Yes

Road Type/Frontage

Private Road
Yes

Utilities

Water Available
Yes

Sewer

Septic Permit On File
Yes

Water Source

Community Water
Yes

Property Features

Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Undeveloped View Type: Water Fuel Tank: None Environmental Hazard: No Utilities: Water Available Sewer: Septic Permit On File Water Source: Community Water Lot Water Features: Water Access Comm HOA and Neigh Amenities: Beach Access; Gated; Jogging Path; Maint - Comm Areas; Maint - Roads; Ramp; Security; Tennis Court(s); Trash; Waterfront Community Terms: 1031 Exchange; Cash; Conventional
Listing Office: Figure Eight Realty
IDX
Last Updated: August - 18 - 2025
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