tomo logo

$10,000,000

Beds
4
Baths
4.5
sq ft
3,118

221 North Beach Road, Wilmington, NC 28411

221 North Beach Road

Wilmington, NC 28411

  • 160 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$5,428,968

Lot size

0.44 acres

Price per sq ft

$3,208

Year built

1994

Annual property taxes

$10,961.01

HOA fee

$5,690

Price History

07/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100438203

Listed
$10,000,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100438203

Removed
$10,000,000
04/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100438203

Listed
$10,000,000

Schools & Community

Elementary school: 

Porters Neck

Middle school: 

Holly Shelter

High school: 

Laney

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

March 2018

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.46%

Loan type

Credit Line (Revolving)

Seller

Sarah Dalonzo Baker and Thomas H Dalonzo Baker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 12:35 PM

Listing updated: 09/10/2024 at 10:47 AM

Listed by: Alex McKinney, SERHANT Phone #: (704) 763-2477

MLS: NorthCarolinaRegional #100438203

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