$6,700,000

Estimated payment $37,612/month

Total Views 28,387
4 Beds
4.5 Baths
3,312 Sq Ft
$2,023 Price per Sq Ft

Highlights

  • Community Beach Access
  • Water Views
  • Ocean Side of Freeway
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Gated Community

About This Home

Offering a rare opportunity to secure a unique piece of oceanfront paradise in one of the most exclusive and private locations on the coast, Figure Eight Island. Whether you're looking to make improvements to the existing cottage or build a luxury estate, the possibilities are endless. The combination of breathtaking views, direct beach access, protection and the potential for future growth makes this an exceptional investment.Situated on a 1.30 acre lot with one of the largest building envelopes available on the island, the possibilities for renovation, expansion or a new construction are truly vast. The current 4-bedroom, 4 1/2-bath cottage offers a cozy yet spacious living arrangement, ideal for enjoying the island's natural beauty. All four ocean facing bedrooms provide breathtaking views, direct access to outdoor spaces and a full bath. The home is well-suited for renovation, offering the chance to reimagine the interior and exterior while still preserving its charming coastal character. Two levels of decks overlooking the ocean provide both covered and uncovered outdoor spaces. With a double car garage, single carport and enlarged parking pad, there's ample parking for family and friends. The landscaping is beautifully maintained, ensuring your privacy off the community's private road, while enhancing the natural beauty of the area. Exceptional dune protection along the ocean front provides added security for the property, protecting it from erosion and preserving the surrounding environment. Direct easy access to the beach. Sweeping views of the contour of the island in both directions. Some furnishings may be negotiable. Figure Eight Island Yacht Club Warrant included.

Listing Agent

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 03/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,285

Year Built

  • Built in 1978

Lot Details

  • 1.31 Acre Lot
  • Property fronts a marsh
  • Property is zoned R-20S

HOA Fees

  • $558 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,312 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Driveway
  • Additional Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Water Access
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Schools

  • Porters Neck Elementary School
  • Holly Shelter Middle School
  • Laney High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R03815-001-006-000

Community Details

Overview

  • Figure Eight Beach HOA, Phone Number (910) 686-0635
  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,285

Year Built

Built in 1978

Lot Details

0

HOA Fees

$558 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1978
  • Road Frontage Type: Oceanfront
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Reverse Floor Plan
  • List Price per Sq Ft: 2022.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 5
  • Sq Ft Heated: 3312.00
  • Total Heated Primary Separate Sq Ft: 3312.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Covered, Open, Deck
  • Road Type Frontage: Paved, Private Road
  • Roof: Shake
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Attached Garage Spaces: 2.00
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Additional Parking, On Site, Paved

Utilities

  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Heat Pump
  • Utilities: Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Beach Access, Waterfront Community, Tennis Court(s), Trash, Maint - Comm Areas, Security, Ramp, Pickleball, Management, Gated
  • HOAAssociationFee1Year: 6690.00
  • HOAAssociationName: Figure Eight Beach HOA
  • HOAAssociationPhone: 9106860635

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2099.00
  • Lot Acres: 1.31
  • Lot Description: See Remarks
  • Lot Dimensions: 100x503x104x537per plat
  • Lot Sq Ft: 57281.00
  • Lot Water Features: Ocean Side, Water Access Comm
  • Plat Book: 18
  • Plat Page: 39
  • Special Assessments: Yes. Masons Inlet Maintenance
  • Zoning: R-20S
  • Lot View Type: Marsh View, Water, Ocean

Tax Info

  • Tax Identifier: R03815-001-006-000
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 16285.28

MLS Schools

  • Elementary School: Porters Neck
  • Elementary School #2: Eaton
  • High School: Laney
  • Middle School: Holly Shelter
  • School District: New Hanover

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $0 $3,116,800 $2,659,800 $457,000
2022 $16,509 $3,116,800 $2,659,800 $457,000
2021 $17,076 $3,116,800 $2,659,800 $457,000
2020 $11,847 $1,873,100 $1,490,500 $382,600
2019 $11,847 $1,873,100 $1,490,500 $382,600
2018 $0 $1,873,100 $1,490,500 $382,600
2017 $12,128 $1,873,100 $1,490,500 $382,600
2016 $10,886 $1,570,900 $1,226,700 $344,200
2015 $10,117 $1,570,900 $1,226,700 $344,200
2014 $9,944 $1,570,900 $1,226,700 $344,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $6,700,000 -6.9% $2,023 / Sq Ft
03/03/2025 03/03/25 For Sale $7,200,000 -- $2,174 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed $640,000 --
Deed -- --
Source: Public Records

Source: Hive MLS

MLS Number: 100492301

Hive MLS

APN: R03815-001-006-000