Why Live in Figure 8 Island
Figure Eight Island in Wilmington, often called “The Hamptons of the South,” is a private, exclusive summer retreat accessible only by boat or a guarded drawbridge. Known for its luxurious, multimillion-dollar mansions, the island offers a serene escape for affluent residents and celebrities. The community features coastal-style homes with light colors and shingle siding, with modern builds incorporating sleek lines and abundant natural light. Outdoor activities are plentiful, with residents enjoying the white sandy beaches, tennis courts, and boating along the Intracoastal Waterway. The Figure Eight Island Yacht Club provides amenities such as an outdoor pool, yoga classes, and dining with views of the water. Social events, including a large Fourth of July celebration, foster a strong sense of community.
Nearby, Porters Neck offers essential shopping and dining options along Market Street, including Walmart Supercenter, Harris Teeter, and local favorites like Cast Iron Kitchen and Cape Fear Seafood. The island is about 20 miles from downtown Wilmington and 17 miles from Wilmington International Airport, with easy access via State Highway 140. Schools serving the area include the highly rated Porters Neck Elementary, Holly Shelter Middle, and Emsley A. Laney High, known for its strong STEM program. Private options like American Leadership Academy Coastal and Providence Preparatory Academy are also available.
Despite past incidents of criminal activity during Prohibition and the 1970s, the island rarely makes headlines for crime today. The community’s HOA and yacht club host various events throughout the year, ensuring a vibrant and engaging lifestyle for residents.
Home Trends in Figure 8 Island, NC
On average, homes in Figure 8 Island, Wilmington sell after 54 days on the market compared to the national average of 52 days. The median sale price for homes in Figure 8 Island, Wilmington over the last 12 months is $10,250,000, up 80% from the median home sale price over the previous 12 months.
Median Sale Price
$10,250,000
Median Single Family Sale Price
$6,995,000
Average Price Per Sq Ft
$1,839
Number of Homes for Sale
7
Last 12 months Home Sales
8
Median List Price
$6,995,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
80%