138 Beach Road S
Wilmington, NC 28411
$4,395,000
About the property
Oceanfront offerings on Figure Eight Island are increasingly rare, and opportunities of this nature are seldom available. Set within North Carolina's most exclusive private island community, 138 Beach Road South offers a canvas with 100 feet of direct beach frontage, sweeping ocean views, and an extraordinary setting defined by privacy, natural beauty, and the understated character that has made Figure Eight Island one of the East Coast's most treasured coastal enclaves.
For those considering the property with an eye toward the future, a comprehensive survey was completed in July 2025, along with preliminary architectural plans by acclaimed Kersting Architecture envisioning an approximately 4,900-square-foot custom residence. These materials offer an intriguing vision to imagine the future possibilities for this exceptional property.
In the meantime, the charming four-bedroom, three-bath classic Figure Eight cottage offers the opportunity to begin enjoying the island immediately. The home captures the relaxed character of an earlier era on Figure Eight, with a bright, open main living area, spacious kitchen, expansive wraparound decks, and beautiful ocean views. Dual garages and a lower-level guest suite add functionality, while three additional bedrooms provide comfortable accommodations for family and friends.
Perhaps most appealing is the luxury of time the existing cottage affords. A new owner can enjoy mornings overlooking the ocean, days on the beach, and evenings with family and friends while thoughtfully considering the property's next chapter.
With its direct beach frontage, remarkable views, existing cottage, and architectural work already undertaken to explore its future potential, 138 Beach Road South represents an increasingly rare opportunity to capture a special piece of Figure Eight Island.
At a glance
Listing details
- Full bathrooms
- 3
- Half bathrooms
- 0
- Heated square feet
- 2,436
- Lot acres
- 0.57
- Lot dimensions
- 100' x 250'
- Stories
- 2
- Zoning
- R-20S
- HOA
- Yes
- Waterfront
- Yes
- Fireplace
- No
Education
Schools
- Elementary school
- Porters Neck
- Middle school
- Holly Shelter
- High school
- Laney
- School district
- New Hanover
Complete report
Property features
- City
- Wilmington
- Sub-Type
- Single Family Residence
- County
- New Hanover
- Location Type
- Island
- Subdivision
- Figure Eight Island
- Secondary Subdivision
- N/A
- City Limits
- Yes
- Marketing City
- Wilmington
- Year Built
- 1978
- # Baths - Total
- 3
- # Bedrooms
- 4
- # Rooms
- 7
- Master Bedroom Level
- Primary Living Area
- Waterview
- Yes
- New Construction
- No
- Sign on Property
- No
- Appliances/Equip
- Dishwasher; Electric Cooktop; Electric Oven; Refrigerator
- Construction
- Wood Frame
- Cooling
- Central Air
- Dining Room Type
- Combination
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Wood Siding
- Foundation
- Pilings; Slab
- Terms
- Cash; Conventional
- Rental Information
- Lease Term: Short Term Lease
- Lease Term
- Short Term Lease
- Furnished
- Furnished
- Fencing
- None
- Interior Features
- Ceiling Fan(s); Pantry
- Garage & Parking
- Attached Garage Spaces: 2; Detached Garage Spaces: 0; Total # Garage Spaces: 2; Total Carport Spaces: 0
- HOA and Neigh Amenities
- Clubhouse; Community Pool; Maint - Comm Areas; Maint - Grounds; Maint - Roads; Security; Tennis Court(s); Waterfront Community
- Heated SqFt
- 2400 - 2599
- Heating
- Forced Air
- Heating System Fuel Source
- Electric
- Lot Water Features
- Ocean Side; Water Access Comm
- Patio and Porch Features
- Deck; Wrap Around
- Parking Features
- Attached; Garage
- Roof
- Shingle
- Road Type/Frontage
- Paved; Private Road
- Levels
- Two
- Utilities
- Water Available
- Sewer
- Septic Tank
- Water Source
- Community Water
- Construction Type
- Stick Built
- View Type
- Ocean; Water
- Frontage Type
- Oceanfront
- Tax Assessed Value
- $5,218,600
- Cobra Zone
- No
- Deed Book
- 6439
- Deed Page
- 2874
- Plat Book
- 13
- PID
- R05208-001-009-000
- Tax Identifier
- R05208-001-009-000
- Plat Page
- 20
- Total Real Estate Property Taxes
- $19,752.41
- Special Assessments
- None
- Tax Year
- 2025
- Legal
- Lot 138 Sec 5 Figure Eight Island
- Directions to Property
- From Market Street, right onto Porters Neck Road, at the roundabout, take the first exit onto Edgewater Club Road, right onto Beach Road S. Property is on the left.