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About This Home
This 4-bedroom, 3-bathroom single family at 138 Beach Road S in Wilmington, NC is listed for $4,995,000 ($2,050 per sqft). Built in 1978, the home offers 2,436 sqft of living space on a 0.57 acres lot.
Figure 8 Island stands as North Carolina's most exclusive private island--renowned for its seclusion, prestige, and extraordinary coastal beauty. This 4-bedroom, 3-bathroom oceanfront residence sits on 0.61 acres of pristine beachfront and is uniquely grandfathered into a setback that places it slightly ahead of its neighbors, capturing sweeping, unobstructed ocean views from its wraparound decks.
A comprehensive survey completed in July 2025 confirmed that the dune line remains strong and the First Stable Line of Vegetation has not shifted, verifying that the lot retains full buildability and ample space for a future home. Preliminary architectural drawings by Kersting Architecture for a 4,900 square foot custom build further showcase the site's potential.
Protected by high, wide dunes ensuring excellent storm resilience and bordered by HOA-owned conservation land across the street, the property enjoys exceptional privacy and enduring natural beauty. The existing home features dual garages, a guest suite on the lower level, and a bright, open main living area upstairs with panoramic ocean vistas, a spacious kitchen, and three additional bedrooms.
With recent new-construction sales on Beach Rd S closing at $12.5 million and $13.9 million, this property presents tremendous upside for those seeking to design and build a premier coastal estate. Buyers may also apply for membership at the exclusive Figure Eight Island Yacht Club, where the current owner holds a charter membership.
This charter membership offers full access to the club and is transferable to the buyer, subject to the club's approval and standard transfer requirements. Enjoy, renovate, or rebuild--138 Beach Rd S represents an unmatched opportunity to invest in lifestyle, privacy, and long-term appreciation on one of the East Coast's most coveted shorelines.
Key Features
- Built in 1978
- 0.57 acre lot
- 2 stories
- 2 parking spaces
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$33,404/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
138 Beach Road S
Wilmington, NC 28411
Figure Eight Island
Features & Amenities
Interior Features
Property Details
Construction
Views
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom single family at 138 Beach Road S is listed at $4,995,000 ($2,050/sqft). The estimated monthly payment is $28,335 based on 20% down at 6.5% interest.
HOA fees are $6690/month.
Key features include: Built in 1978, 0.57 acre lot, 2 stories, 2 parking spaces, Waterfront. Interior Features: Entrance Foyer, Kitchen Island, Ceiling Fan(s).
This property is listed by Austin Kenyon and can be reached at 9106257940 or AKenyon@IntracoastalRealty.Com.





































































