Welcome to your own private paradise on the pristine Figure Eight Island in Wilmington. Figure Eight Island is one of the most private island subdivisions in the country, accessible only to island residents and their guests. 24 hour security for all access to the island as well as island patrol offers a safe sense of community. This home boasts four bedrooms, four and a half bathrooms, and three balconies with breathtaking views of the Intercostal Waterway and the ocean. The fantastic open floor features a living area with breath-taking views that opens into your bright & airy eat-in kitchen with an expansive island, that's perfect for entertaining guests. Situated on a .44-acre lot, the property includes two covered parking areas with a ground level access to the elevator, two large storage areas, and two spacious outdoor showers. You're only steps away from the beach access, allowing you to enjoy the pristine beaches of Figure Eight Island. Home is sold fully furnished, allowing you to move in seamlessly and enjoy the coastal lifestyle from the moment you arrive. You will have access to a warrant membership opportunity to the private Figure Eight Island Yacht Club, where you'll be able to take advantage of all the amenities the club has to offer. Welcome home to your own private oasis - a true masterpiece that embodies the pinnacle of coastal living. You deserve nothing but the best, and this property delivers on every front.
This property is $9.5M more than the Median Sold Price and $2.9K/SqFt more than other homes in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100438203
Listing Office:
Office Name: SERHANT
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: 4/29/2024, 1:25:19 PM 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
May 09, 2017
May 09, 2017Home Sold
$184,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$9,594
$1,516,900
2019
$9,594
$1,516,900
2018
$9,594
$1,516,900
2017
$10,715
$1,516,900
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.
$49.9K
Per Month
Principal & Interest
$49.9K
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
$30K
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.
Elementary School
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school5.37 miles
Public District Grades PK-5
4
/10
John J Blair Elementary School
6510 Market St
Distance between this listing and this school5.77 miles
Public District Grades KG-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school12.55 miles
Public District Grades KG-5
Middle School
4
/10
Holly Shelter Middle School
3921 Roger Haynes Dr
Distance between this listing and this school10.11 miles
Public District Grades 6-8
High School
5
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school7.68 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school8.56 miles
Public District Grades 9-12
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school8.77 miles
Public District Grades 9-12
Assigned Schools
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school5.37 miles
Public District Grades PK-5
4
/10
John J Blair Elementary School
6510 Market St
Distance between this listing and this school5.77 miles
Public District Grades KG-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school12.55 miles
Public District Grades KG-5
Assigned Schools
4
/10
Holly Shelter Middle School
3921 Roger Haynes Dr
Distance between this listing and this school10.11 miles
Public District Grades 6-8
Nearby Schools
5
/10
M C S Noble Middle School
6520 Market St
Distance between this listing and this school5.65 miles
Public District Grades 6-8
5
/10
Emma B Trask Middle School
2900 N College Rd
Distance between this listing and this school7.79 miles
Public District Grades 6-8
Assigned Schools
5
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school7.68 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school8.56 miles
Public District Grades 9-12
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school8.77 miles
The neighbors living near this home have an average income of $93,202. Residents of Wilmington, NC typically earn between $35k-100k each year. 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 221 Beach Rd N
What is the listing price of this property?
The listing price of 221 Beach Rd N property is $10,000,000.
What type of property is this?
The property 221 Beach Rd N is a house located in Wilmington, North Carolina, 28411.
Is this property for sale now?
Active Listing: 221 Beach Rd N is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 221 Beach Rd N are: Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10John J Blair Elementary School: GreatSchools Rating 4/10Dr John Codington Elementary School: GreatSchools Rating 4/10Holly Shelter Middle School: GreatSchools Rating 4/10Emsley A Laney High School: GreatSchools Rating 5/10Wilmington Early College High School: GreatSchools Rating 9/10Isaac M Bear High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $9,594 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 9, 2017 for $184,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 221 Beach Rd N has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 221 Beach Rd N is 3,118 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 221 Beach Rd N is 1994.
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 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 221 Beach Rd N in Wilmington, NC and zip code 28411 in the Figure 8 Island neighborhood. This 3,118 square foot home, which was built in 1994, sits on a 0.44 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $10,000,000.
Wilmington, NC housing market in March 2024 saw over 54 listings sold above listed price, more than 53 sold at listed price and over 157 sold below. The number of homes for sale in Wilmington, NC increased by 6.8% between February 2024 and March 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $409,102.
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