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!
Property Details
Property Features
Listing Office:
Office Name: Figure Eight Realty
Lot Features
Lot Information:
Lot: Interior Lot
Lot Size: 0.62 Acres
Other
Directions Information:
Directions: 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
Price Information
Listing Price Info
Price Summary:
List Price: $2,900,000
Tax Information:
Annual Amount: $3,864
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wilmington, NC.
This property is $2.4M more than the Median Sold Price in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100439911
Listing Office:
Office Name: Figure Eight Realty
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 02, 2016
Jun 02, 2016Home Sold
$650,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,864
$610,900
2019
$3,863
$610,900
2018
$3,864
$610,900
2017
$2,520
$610,900
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.5K
Per Month
Principal & Interest
$14.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,761
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Porters Neck Elementary School
416 Edgewater Club Rd
Distance between this listing and this school3.07 miles
Public District Grades KG-5
8
/10
Ogden Elementary School
3637 Middle Sound Rd
Distance between this listing and this school5.34 miles
Public District Grades KG-5
8
/10
South Topsail Elementary School
997 Hoover Rd
Distance between this listing and this school6.52 miles
Public District Grades PK-5
Nearby Schools
4
/10
Coastal Preparatory Academy
1135 Pandion Dr
Distance between this listing and this school3.07 miles
Public Charter Grades KG-8
5
/10
MCS Noble Middle School
6520 Market St
Distance between this listing and this school7.08 miles
Public District Grades 6-8
6
/10
Topsail Middle School
17445 US Highway 17
Distance between this listing and this school7.84 miles
Public District Grades 6-8
Nearby Schools
8
/10
Topsail High School
245 N Saint Johns Church Rd
Distance between this listing and this school7.63 miles
Public District Grades 9-12
4
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school8.70 miles
Public District Grades 9-12
8
/10
Sea-Tech
5301 Sidbury Rd
Distance between this listing and this school8.86 miles
The neighbors living near this home have an average income of $93,202. Typical income of Wilmington, NC residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 517 Beach Rd N
What is the listing price of this property?
The listing price of 517 Beach Rd N property is $2,900,000.
What type of property is this?
The property 517 Beach Rd N is land located in Wilmington, North Carolina, 28411.
Is this property for sale now?
Active Listing: 517 Beach Rd N is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,864 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 2, 2016 for $650,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 517 Beach Rd N in Wilmington, NC and zip code 28411 in the Figure 8 Island neighborhood. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $2,900,000.
Wilmington, NC housing market in October 2024 saw over 46 listings sold above listed price, more than 66 sold at listed price and over 153 sold below. Between September 2024 and October 2024, Wilmington, NC real estate market has seen increase in the number of listings by 3.5%. While the average time on the market in October 2024 was 44 days, the median list price was $425,528.
From Rocket Homes Real Estate and based on county public records data.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
NASCAR
BJs Wholesale Club
Stein Mart
Dollar General
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information