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$4,395,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,436 Sq. Ft.
  • 0.57 Acres
  • 2 Car Garage
  • Updated 2 days ago
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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.

Full Property Details for 138 Beach Rd S

General

  • Price: $4,395,000
  • HOA FEE: $558/month
  • HOA FEE FREQ.: Annually
  • Taxes: $19,752 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 2253
  • MLS ID: 100604838
  • Updated: 9/19/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease/Rent Term: Short Term Lease

Interior

  • Number of Rooms: 7
  • Interior Features: Ceiling Fan(s), Pantry
  • Appliances: Electric Oven, Electric Cooktop, Refrigerator, Dishwasher
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Primary Living Area

Additional Information

  • Shared Amenities: Waterfront Community, Clubhouse, Community Pool, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Security, Tennis Court(s)

Exterior

  • Porch/Patio/Deck: Deck, Wrap Around

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage

Location

  • County: New Hanover
  • Subdivision: Figure Eight Island
  • Driving Directions: 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.

School Information

  • High School District: New Hanover
  • Elementary School: Porters Neck
  • Middle School: Holly Shelter
  • High School: Laney

Community

  • Association: Yes
  • Assoc. Name: Figure 8 HOA

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Septic Tank
  • Water: Community Water
  • Utility Description: Water Available

Structural Information

  • Structure Type: Wood Frame, Stick Built
  • Construction: Wood Siding, Wood Frame
  • Roof: Shingle
  • Entry Floor Number: 1
  • Square Feet: 2,436
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.57
  • Lot Size (Sq. Ft.): 24,655
  • Lot Dimensions: 100' x 250'
  • Frontage: Private Road, Paved, Paved
  • Lot Features: Ocean Side, Water Access Comm
  • Zoning: R-20S
  • Fencing (Description): None

Water Features

  • Water Front: Yes
  • Water Front Desc.: Water Access Comm

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $1,804.19
  • Association Fee: $6,690
  • Assoc Fee Freq.: Annually
  • Assessment Amount: $5,218,600
  • Tax Amount: $19,752.41
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: Lot 138 Sec 5 Figure Eight Island
  • Property ID: R05208-001-009-000

Listed by Landmark Sotheby's International Realty, Nick Phillips Group

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Listing agent

— 138 Beach Rd S —

  • Nick Phillips Group

    Landmark Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 138 Beach Rd S

School District:New Hanover County Schools
NameGradesDistance
Holly Shelter Middle School
3921 Roger Haynes Drive, Castle Hayne, NC 28429
6-810.2 mi
Emsley A Laney High
2700 North College Road, Wilmington, NC 28405
9-127.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 138 Beach Rd S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/19/2026
Listed
$4,395,000
35.23%
MLS
4/02/2021
Sold
$3,250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 138 Beach Rd S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,826
30%
$5,218,600
79%
2024
$15,304
—
$2,914,800
—
2023
$15,298
-4%
$2,914,800
—
2021
$15,971
3%
$2,914,800
—
2022
$15,443
-3%
$2,914,800
73%
2021
$15,971
50%
$1,686,100
—
2018
$10,665
-2%
$1,686,100
—
2017
$10,918
15%
$1,686,100
23%
2016
$9,484
-11%
$1,368,600
-19%
2019
$10,665
21%
$1,686,100
23%
2015
$8,814
2%
$1,368,600
—
2014
$8,663
—
$1,368,600
—
2013
$8,663
—
$1,368,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Landmark Sotheby's International Realty, Nick Phillips Group

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138 Beach Road S, Wilmington, NC 28411 (MLS# 100604838) is a Single Family property with 4 bedrooms and 3 full bathrooms. 138 Beach Road S is currently listed for $4,395,000 and was received on September 19, 2026. Want to learn more about 138 Beach Road S? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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