110 Acres South Topsail Island, Topsail Beach, NC 28445

$7,950,000
List Price
$7,950,000
Status
ACTIVE
MLS#
100180377
Days on Market
32
Acres
110
Neighborhood
Not In Subdivision

Property Description

This offering presents a very unique opportunity to purchase one of the last remaining large oceanfront tracts in the region. The Subject is the southernmost parcel of Topsail Island, a 26-mile long barrier island located off the coast of North Carolina that includes the coastal towns of Topsail Beach, Surf City and North Topsail Beach. The +/- 110 acre tract benefits from well over one mile of water frontage along the Atlantic Ocean, New Topsail Inlet and Bank's Channel, with the latter providing convenient access tothe Intracoastal Waterway (''ICW''). New Topsail Inlet is a migratory inlet that is adjacent to the Subject and serves as its southern boundary.For nearly 300 years, New Topsail Inlet has consistently and steadily migrated south; estimates suggest that the inlet's southwest migration has occurred at an average rate of 125 feet per year during the past 275 years.* The migration pattern of New Topsail Inlet is of significance because while other beaches have seen trends of erosion, the Subject has considerably increased in size due to the steady and consistent accumulation of sand along the oceanfront and southern boundary.*SOURCE: Warren, J., Richardson., K. (2010): Inlet Hazard Area Boundaries Update: Recommendations to the North Carolina Coastal Resource Commission. North Carolina Division of Coastal Management.

Additional Information

Exterior Features
Deeded Waterfront, ICW Front, Marsh Front, Ocean Front, Ocean View, Water Access Comm, Water View, Deeded Waterfront, ICW Front, Marsh Front, Ocean Front, Ocean View, Water Access Comm, Water View
Waterfront
Yes
Lot Water Features
Deeded Waterfront, ICW Front, Marsh Front, Ocean Front, Ocean View, Water Access Comm, Water View
Elementary School
South Topsail
Middle School
Topsail
High School
Topsail

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cape Fear Commercial, Llc.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.