With the new Surf City bridge now open, additional traffic and, with it, growing buyer interest in the Topsail/Surf City region is sure to follow.
Anticipating that growth, Intracoastal Realty has doubled the size of its Surf City office and moved to Triton Lane, putting us directly on the path to the new bridge.
“You can’t miss us,” says Sandy Ledbetter, a resident and realtor on the island for 30 years, who will continue as Intracoastal Realty’s broker-in-charge. The office has another five agents, all focused full-time on the region’s real estate market.
The Surf City/Topsail Island has long drawn families from other parts of the state who are seeking vacation or retirement property. Folks from Wallace, Clinton, Warsaw and other Eastern North Carolina towns are eager to recreate childhood memories of vacationing on Topsail Beach. Buyer trends also show growing interest from the Triangle, particularly among those who moved from the mid-Atlantic region and find the prices at Topsail comparatively affordable to the cost of homes on Maryland, New York and New Jersey shores.
Buyers aren’t the only ones showing interest in the Island. Developers have increased their activity exponentially. According to the MLS, in 2017, there was $67M in new construction; in 2018 that figure jumped to $92M. In April, the first phase of Waterside at Surf City, a development of 4 acres of commercial property and more than 3,200 residential units, including a neighborhood for active adults, was unanimously approved by the Surf City Town Council. Infrastructure there is underway.
Local government, too, is improving infrastructure to accommodate what everyone sees as continued growth. Surf City Elementary and Middle Schools opened in time for the 2018/19 school year. And with forward-looking annexation completed a decade ago to better accommodate commercial development, the island has welcomed Food Lion, Harris Teeter, Publix, Lowes and CVS in recent years.
“Gone are the days that Topsail Beach posted a ‘Closed for the Winter’ sign,” recalls Sandy. “Those were the days when you had to drive for a decent cell signal and the only grocery store was an IGA.”
Yes, those days are behind us. But, today’s market value is hard to find elsewhere on the east coast. Single family homes can be purchased in the $300K range, with one-bedroom condo’s available under $100 thousand. “And, that still delivers waterfront,” says Sandy, adding, “When you’re on an island, every home, just about, has a good water view!”
If you’re interested in knowing more about Surf City, Topsail and North Topsail properties, call the Intracoastal office, 910-328-3000. Chances are what you see there today will be the root of “I remember when….” memories decades from now.