110 Acres South Topsail Island, Topsail Beach, NC 28445 | 100180377 | Intracoastal Realty

110 Acres South Topsail Island $7,950,000

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    110 Acres South Topsail Island Topsail Beach, NC 28445

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    $7,950,000

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    • 110.00 Acres
    • Land
    • MLS# 100180377
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    Views: 459 Days On Market: 233

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    Property Details

    This offering presents a very unique opportunity to purchase one of the last remaining large oceanfront tracts in the region. The Subject is the southernmost parcel of Topsail Island, a 26-mile long barrier island located off the coast of North Carolina that includes the coastal towns of Topsail Beach, Surf City and North Topsail Beach. The +/- 110 acre tract benefits from well over one mile of water frontage along the Atlantic Ocean, New Topsail Inlet and Bank's Channel, with the latter providing convenient access tothe Intracoastal Waterway (''ICW''). New Topsail Inlet is a migratory inlet that is adjacent to the Subject and serves as its southern boundary.For nearly 300 years, New Topsail Inlet has consistently and steadily migrated south; estimates suggest that the inlet's southwest migration has occurred at an average rate of 125 feet per year during the past 275 years.* The migration pattern of New Topsail Inlet is of significance because while other beaches have seen trends of erosion, the Subject has considerably increased in size due to the steady and consistent accumulation of sand along the oceanfront and southern boundary.*SOURCE: Warren, J., Richardson., K. (2010): Inlet Hazard Area Boundaries Update: Recommendations to the North Carolina Coastal Resource Commission. North Carolina Division of Coastal Management.

    • General Features
      • Acres Total 110
      • City Limits No
      • Waterview Yes
      • Waterfront Yes
      • Subdivision Not In Subdivision
      • Stipulation of Sale None
      • Cobra Zone Yes
      • Hoa No
      • County Pender
    • Property Features
      • Bldgs on Property None
      • Lot Water Features Deeded Waterfront, ICW Front, Marsh Front, Ocean Front, Ocean View, Water Access Comm, Water View
      • Road Type Frontage See Remarks
      • Topography Cleared,Flood Plain,Marsh/Wetland,Undeveloped
    • Schools
      • High School Topsail
      • Middle School Topsail
      • Elementary School South Topsail

    Contact

    Amber Harris

    Broker/REALTOR®

    Lumina Station - Wilmington

    Mobile Phone: 910-200-3723

    Neighborhood

    28445 (Topsail Beach) Demographics

    35 Median Age
    125 Population Density (per sq. mile)
    45% College Educated
    $62,772 Estimated Median Income
    1,869 Estimated Total Home Owners
    845 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    6,539 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $221,000 Median Sales Price
    38 Homes Sold
    67 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $7,950,000
        8/15/2019 2:37:00 PM New in Database Source

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.