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138 Beach, Wilmington, NC :
Property Description

Figure 8 Island stands as North Carolina’s most exclusive private island–renowned for its seclusion, prestige, and extraordinary coastal beauty. This 4-bedroom, 3-bathroom oceanfront residence sits on 0.61 acres of pristine beachfront and is uniquely grandfathered into a setback that places it slightly ahead of its neighbors, capturing sweeping, unobstructed ocean views from its wraparound decks.

A comprehensive survey completed in July 2025 confirmed that the dune line remains strong and the First Stable Line of Vegetation has not shifted, verifying that the lot retains full buildability and ample space for a future home. Preliminary architectural drawings by Kersting Architecture for a 4,900 square foot custom build further showcase the site’s potential.

Protected by high, wide dunes ensuring excellent storm resilience and bordered by HOA-owned conservation land across the street, the property enjoys exceptional privacy and enduring natural beauty. The existing home features dual garages, a guest suite on the lower level, and a bright, open main living area upstairs with panoramic ocean vistas, a spacious kitchen, and three additional bedrooms.

With recent new-construction sales on Beach Rd S closing at $12.5 million and $13.9 million, this property presents tremendous upside for those seeking to design and build a premier coastal estate. Buyers may also apply for membership at the exclusive Figure Eight Island Yacht Club, where the current owner holds a charter membership. This charter membership offers full access to the club and is transferable to the buyer, subject to the club’s approval and standard transfer requirements.

Enjoy, renovate, or rebuild–138 Beach Rd S represents an unmatched opportunity to invest in lifestyle, privacy, and long-term appreciation on one of the East Coast’s most coveted shorelines.

Property Info
Property Type: Residential
MLS Number: 100537224
Lot Size:
- 24
- 655 Acres
Bedrooms: 4
Bathrooms: 3
Year Built: 1978
Property Sub Type: Single family residence
Price: $4,995,000
Waterfront: 1
Waterview: 1
Home Style/Type:
- Wood Siding
- Wood Frame
Status: Active
Location Details
Community: Figure Eight Island
Road Frontage:
- Private Road
- Paved
Community Amenities:
- Clubhouse
- Security
- Community Pool
- Maintenance Common Areas
- Maintenance Grounds
- Maintenance Roads
- Tennis Court(s)
- Waterfront Community
County: New Hanover
City: Wilmington
Postal Code: 28411
Water Features: Water Access Comm
Property Features
Garage: 2
Porch/Deck:
- Deck
- Patio
- Wrap Around
Heating:
- Electric
- Forced Ai
Water/Sewer: Septic Tank
Roof: Shingle
Fence: No
Interior Features:
- Entrance Foyer
- None
- Kitchen Island
- Ceiling Fan(s)
Cooling System: Central Ai
MLS Addon
Office Name: Intracoastal Realty Corp
Agent Name: Austin Kenyon
138 Beach, Wilmington, NC
$4,995,000
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