138 Beach Road S Wilmington, NC $ 4,395,000
138 Beach Road S
$ 4,395,000
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138 Beach Road S

Wilmington, NC, 28411
$ 4,395,000
Bedrooms4 Baths3.0 Sq 2,436

Monthly Estimate*

$ 27,750

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Single Family Home for sale in Wilmington, NC

for $4,395,000 with 4 bedrooms and 3 full baths. This 2,436 square foot home was built in 1978 on a lot size of 0.57.

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.

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Single Family Active

Price

$ 4,395,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 19,752

Style

Single Family Residence

Lot Size

0.57

Year Built

1978

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100604838

Features
General
Living Area 2436.0
Heating Electric Forced Air
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow At Closing
Roof Shingle
Appliances Electric Oven Electric Cooktop Refrigerator Dishwasher
Zoning R-20S
HOA Fee 6690.0
Garage Spaces 2.0
Patio/Porch Features Deck Wrap Around
Construction Materials Wood Siding Wood Frame
Year Built 1978
View Ocean Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Taxes 19752.41
Parcel Number R05208-001-009-000
Waterfront Features Water Access Comm
Assoc Fee Paid Per Annually
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities Waterfront Community Clubhouse Community Pool Maintenance Common Areas Maintenance Grounds Maintenance Roads Security Tennis Court(s)
HOA Y
Attached Garage Y
Subdivision Name Figure Eight Island
Garage Y/N Y
Total Rooms 7
Full Baths 3
Status Active
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.
High School Laney
City Wilmington
Association Name Figure 8 HOA
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 24655.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Porters Neck
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Holly Shelter
Ok to Lease Short Term Lease
Lease Considered Y/N N
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 5218600
Legal Description Lot 138 Sec 5 Figure Eight Island
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Interior
Interior Amenities Ceiling Fan(s) Pantry
Furnished Y/N Furnished
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Entry Level 1
Room Type Dining Room Master Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Bathroom 1 Dining Area Bathroom 2 Bathroom 3
Total Baths 3
Living Area Range 2400 - 2599
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Exterior
Exterior Finish Wood Siding
Fencing None
Parking Features Attached Garage
Lot Features Ocean Side Water Access Comm
Water Source Community Water
Total Parking 2.0
Lot Size Area 0.57
Foundation Details Other Slab Pilings
Spa N
Building Area Total 2436.0
Lot Dimensions 100' x 250'
Lot Size Acres 0.57
Road Surface Type Paved
Frontage Type Oceanfront
Waterfront Y/N Y
Road Frontage Type Private Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 138
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* Excluded Features
List By
Nick Phillips Group

Listing Agent

Landmark Sotheby's International Realty

Broker

nick@landmarksir.com

Email

Affordability Calculator

$29,396
Per Month
94%
6%
0%
Monthly Principal & Interest
$27,750
Monthly Property Taxes
$1,646
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5040938 Elementary School
4736983 Middle School
Laney High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2026$4,395,000 Listed Price

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138 Beach Road S, Wilmington, NC, 28411 is a Single Family Home for sale at $4,395,000 with 2,436 sqft and a lot size of 0.57. 138 Beach Road S has 4 bedrooms, 3.0 baths, and was built in 1978. The property's zip code is 28411 which is in Wilmington, NC