Waterfront - Primary on Main
Address
138 Beach Road S, Wilmington, NC
Price
$ 4,395,000
Property Attributes
  • MLS#100604838
  • TypeSingle Family
  • Listing Status Active
  • CountyNEW HANOVER
  • CityWilmington
  • AreaFigure Eight Island
  • NeighborhoodWilmington
  • Zip28411
  • StyleSingle Family Residence
  • Year Built1978
  • Taxes$ 19752
  • Price$ 4,395,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2436
  • Lot Size0.57 Acres
Data Source:
Cape Fear REALTORS® - NCRMLS
Property Description

Oceanfront offerings on Figure Eight Island are increasingly rare, and opportunities of this nature are seldom available. Set within North Carolina's most exclusive private island community, 138 Beach Road South offers a canvas with 100 feet of direct beach frontage, sweeping ocean views, and an extraordinary setting defined by privacy, natural beauty, and the understated character that has made Figure Eight Island one of the East Coast's most treasured coastal enclaves. For those considering the property with an eye toward the future, a comprehensive survey was completed in July 2025, along with preliminary architectural plans by acclaimed Kersting Architecture envisioning an approximately 4,900-square-foot custom residence. These materials offer an intriguing vision to imagine the future possibilities for this exceptional property. In the meantime, the charming four-bedroom, three-bath classic Figure Eight cottage offers the opportunity to begin enjoying the island immediately. The home captures the relaxed character of an earlier era on Figure Eight, with a bright, open main living area, spacious kitchen, expansive wraparound decks, and beautiful ocean views. Dual garages and a lower-level guest suite add functionality, while three additional bedrooms provide comfortable accommodations for family and friends. Perhaps most appealing is the luxury of time the existing cottage affords. A new owner can enjoy mornings overlooking the ocean, days on the beach, and evenings with family and friends while thoughtfully considering the property's next chapter. With its direct beach frontage, remarkable views, existing cottage, and architectural work already undertaken to explore its future potential, 138 Beach Road South represents an increasingly rare opportunity to capture a special piece of Figure Eight Island.

Elementary School Middle School High School
Porters Neck Elementary School Holly Shelter Middle School Laney High School
Price History
9/19/2026 Listed $4,395,000

General Features

Living Area 2436.0
Heating Electric,Forced Air
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow,At Closing
Roof Shingle
Appliances Electric Oven,Electric Cooktop,Refrigerator,Dishwasher
Zoning R-20S
HOA Fee 6690.0
Garage Spaces 2.0
Patio/Porch Features Deck,Wrap Around
Construction Materials Wood Siding,Wood Frame
Year Built 1978
View Ocean,Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Taxes 19752.41
Parcel Number R05208-001-009-000
Waterfront Features Water Access Comm
Assoc Fee Paid Per Annually
County New Hanover
Operating Expense 0.0
New Construction No
Property Type Residential
In City Limits? (Y/N) Yes
Association Amenities Waterfront Community,Clubhouse,Community Pool,Maintenance Common Areas,Maintenance Grounds,Maintenance Roads,Security,Tennis Court(s)
HOA Yes
Attached Garage Yes
Subdivision Name Figure Eight Island
Garage Y/N Yes
Total Rooms 7
Full Baths 3
Status Active
Directions From Market Street,right onto Porters Neck Road,at the roundabout,take the first exit onto Edgewater Club Road,right onto Beach Road S. Property is on the left.
High School Laney
City Wilmington
Association Name Figure 8 HOA
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 24655.0
Carport Spaces 0.0
Carport Y/N No
Elementary School Porters Neck
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Holly Shelter
Ok to Lease Short Term Lease
Lease Considered Y/N No
Structure Type Wood Frame,Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 5218600
Legal Description Lot 138 Sec 5 Figure Eight Island

Interior Features

Interior Amenities Ceiling Fan(s),Pantry
Furnished Y/N Furnished
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Entry Level 1
Room Type Dining Room,Master Bedroom,Bedroom 2,Bedroom 3,Bedroom 4,Bathroom 1,Dining Area,Bathroom 2,Bathroom 3
Total Baths 3
Living Area Range 2400 - 2599
SmokingYN No

Exterior Features

Exterior Finish Wood Siding
Fencing None
Parking Features Attached,Garage
Lot Features Ocean Side,Water Access Comm
Water Source Community Water
Total Parking 2.0
Lot Size Area 0.57
Foundation Details Other,Slab,Pilings
Spa No
Building Area Total 2436.0
Lot Dimensions 100' x 250'
Lot Size Acres 0.57
Road Surface Type Paved
Frontage Type Oceanfront
Waterfront Y/N Yes
Road Frontage Type Private Road,Paved
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28411

Price
AVG $830K
$4.4M
Taxes
AVG $2,931
$19,752
Year Built
AVG 2008
1978
Visits
AVG 80
1
Data Provided by Inside Real Estate®