damage to homes and beachfront was on the south
end of the island.
“This was a different storm. All of the damage
was wind-driven rain, there was no storm surge.
A lot of roof and walls, windows and doors were
compromised because of the record rainfall in the
storm,” Northen says. As a result, his home there
was, he says, “devastated.”
The top sale at Figure Eight was also the No. 3
sale for the year in the county. Located in the mid-dle
of the island at 6 Beach Road South, the home
is 4,922sf, 5-bedroom, 5 and one-half bath, three-story
oceanfront and sold for $4.450 million in July.
“The demand for oceanfront property was still
very strong post-storm. It didn’t have any negative
impact. All the transactions that were pending did
close. We even put property under contract post-storm,
including an oceanfront property and it
closed in 2018 as well, which was 32 Beach Road
South,” Kirra Sutton of Figure Eight Island Realty
A renovated vintage cottage, the sixth top sale at
Figure Eight and 16th in New Hanover County,
it is one of the oldest homes on the island, built in
1967. One of the originals, 3,089sf with 4 bed-rooms
and 4 baths, it occupies an oceanfront lot
with sound views.
The buyers, currently residing in Virginia, are the
fourth owners, and it will be a second home. The
sale closed November 1, for $2.425 million.
The home had not turned over much, which is
representative of sales on the island.
“Typically, people purchase with the intent to
keep it. We don’t see an influx of buy, sell and trade
for the purpose of investment as much as some of
the other beach communities might. Or they may
have had that intent, but once here, they end up
loving it so much they don’t want to let it go. Sales
involve switching to sound or oceanfront, wanting
to upsize or downsize,” Sutton says.
The No. 3 sale on Figure Eight was 7 Sounds
Point Road, also the No. 7 in New Hanover
County, on a cul-de-sac, sound front with a pri-vate
pier and boat lift, 140 feet of steel bulkhead
and wooden boardwalk on top of it. Selling for
$3.5 million, this 4-bedroom, 5 and one-half bath,
three-story home has spectacular views.
Above and opposite: The 7th top sale in New Hanover County, and No. 3
on Figure Eight Island, was 7 Sounds Point Road. It sold for $3.5 million.
PHOTOS COURTESY INTRACOASTAL REALTY CORPORATION