$4,395,000
4 bd · 3 ba · 2,436 sq ft
138 Beach Road S
Wilmington, NC, 28411 · Figure Eight Island
Listed 3 days ago
Listed by Landmark Sotheby's International Realty
About this home
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.
Facts
- Type
- Single Family Residence
- Year built
- 1978
- Lot
- 0.57 acres
- Garage
- 2 spaces
- HOA
- $6,690 / annually
- Community
- Figure Eight Island
- County
- New Hanover
- MLS #
- 100604838
Features
Inside
- Ceiling Fan(s)
- Pantry
- Electric Oven
- Electric Cooktop
- Refrigerator
- Dishwasher
Outside
- Ocean Side
- Water Access Comm
- Ocean
- Water
Community
- Waterfront Community
- Clubhouse
- Community Pool
- Maintenance Common Areas
- Maintenance Grounds
- Maintenance Roads
- Security
- Tennis Court(s)
Parking
- Attached
- Garage
Heating & cooling
- Electric
- Forced Air
- Central Air
Schools
- Elementary
- Porters Neck
- Middle
- Holly Shelter
- High
- Laney
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
Monthly payment estimate
$28,387/mo
- Principal & interest (30-yr fixed)$26,183
- Property taxes (2025 bill)$1,646
- HOA dues$558
Estimate only. Rate is the national 30-year average (6.95% as of Sep 17, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this in Figure Eight Island
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 100 Beach Road S, Wilmington | Jan 14, 2026 | 4 / 5 | 2,054 | $6,750,000 | $3286 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wilmington? Local guides
- Leland vs. Wilmington: What You Get for Your MoneyLeland vs. Wilmington, NC side by side from 12 months of real sales: price per square foot, home size and age, days on market, new construction and HOAs.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 138 Beach Road S
138 Beach Road S is a 4-bedroom, 3-bath home of about 2,436 square feet, built in 1978, on 0.57 acres in Figure Eight Island, Wilmington, New Hanover County, NC 28411.
At $4,395,000, it's 561% above the median asking price ($664,500) of the 257 other 4-bedroom listings for sale in Wilmington today.
That's about $1804 per square foot, compared with a Wilmington median of $262.
3 other homes are for sale in Figure Eight Island right now (median asking $6,500,000); 7 homes sold there in the last 12 months at a median of $6,000,000, typically in about 127 days.
Across ZIP 28411, 282 4-bedroom homes sold in the past year at a median of $567,500.
It has been on the market for 4 days.
Figure Eight Island neighborhood guideHomes for sale in WilmingtonNew Hanover County homesWaterfront homes in Wilmington
Buying 138 Beach Road S
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 138 Beach Road S? See what it's worth — every online estimate side by side, next to real sales in Figure Eight Island.
What's my home worth? →Questions about 138 Beach Road S
How much is 138 Beach Road S?
138 Beach Road S is listed at $4,395,000 (about $1804 per square foot) as of September 23, 2026. Status: for sale.
How many bedrooms and bathrooms does 138 Beach Road S have?
4 bedrooms and 3 bathrooms, with about 2,436 square feet.
What neighborhood is 138 Beach Road S in?
Figure Eight Island, in Wilmington, New Hanover County, North Carolina.
How long has 138 Beach Road S been on the market?
4 days. Homes in Figure Eight Island sold after a median of 127 days over the past year.
What have homes sold for in Figure Eight Island?
7 homes sold in Figure Eight Island in the last 12 months, at a median price of $6,000,000.
Is 138 Beach Road S waterfront?
Yes — the MLS lists it as a waterfront property.
Does 138 Beach Road S have an HOA fee?
Yes: $6,690 (annually), per the MLS.
When was 138 Beach Road S built?
1978.
Who is the listing broker for 138 Beach Road S?
Landmark Sotheby's International Realty (MLS #100604838). The Buddy Blake Team can show it to you and answer questions.
Can I tour 138 Beach Road S?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.