Top: The 19th top sale in New Hanover County, 423 S. Lumina Ave.,
is a teardown. Right, from left to right: Three sales were recorded
at Shorebreak, 40 N. Lumina Ave., Wrightsville Beach, in the heart
of the downtown district. One of the top condo sales was 119B S.
Lumina Ave., with 6 bedrooms, 8 baths and 4,838sf. Aerial of 107
W. Salisbury Street, on Keanan’s Creek, Wrightsville Beach, looking
south and west.
february 2018
102
WBM
WBM FILE PHOTO COURTESY HARDEE HUNT AND WILLIAMS
TWENTY-SEVEN PERCENT of Wrightsville’s sales were cash (three were 1031 tax-free
exchanges.) Of the 149 sales, 103 were on Wrightsville and 46 were on Harbor
Island.
107 W. Salisbury Street, on Keanan’s Creek, went under contract in February
2016 and closed as a $1.55 million short sale on June 7, 2017. The three-story
house with C-1 zoning was remodeled/renovated on the bones of the former Elizabeth Bland real
estate office on a .49 acre lot. At one time the owners had applied for a permit to turn the 4,520sf
house into a bed-and-breakfast.
In an almost entirely built-out town, lot sales astonished with multimillion-dollar sales. Five
were on Harbor Island, including the vacant lot at 6 Shore Drive on South Harbor Island, which
sold for $2 million in September despite not being on the market.
“He would accept nothing else — wanted deep water, wanted South Harbor Island. It is as
good as it gets,” says Vance Young.
Also on Harbor Island, on deep-water Lees Cut, 80 Pelican Drive sold for $2.1 million.
Oceanfront south end 819 S. Lumina Ave. sold for $1.95 million. Lot number 30 oceanfront at
15 Raleigh Street sold for $1.685 million. This never-built parcel in front of the McCoy family
cottage was portioned and four of the prime lots listed for sale. The buyers were a Pennsylvania
couple already owning a condo. Carla Lewis says they’ll start building on it with a local builder.
She predicts the remaining lots will go this year.
The least expensive lot sale was the corner lot at 101 Cypress Ave., on South Harbor Island,
which sold for $465,000, as did the adjoining lot next door, 103 Cypress Ave. in matching sales.
Cypress was a hot street; the two unit house at 204 Cypress first built in 1957 sold for
$905,000 and 206 Cypress Ave. built in 1952 sold for $505,000.
Oceanfront 819 S. Lumina Ave., which sold for $2.15 million, was a teardown, Bobby
Brandon says. It was not alone.
Selling at $2.6 million, oceanfront 423 S. Lumina Ave. was the
20th top residential sale in New Hanover County and No. 4 at
Wrightsville Beach. This 1979-built property with 5 bedrooms and
5 baths in the main cottage that additionally included a 2 bedroom
and 1 bath guest cottage on 1.5 lots was purchased as a teardown,
and a new home will go up soon.
“These people are very excited about what is coming next for
them on that property. They have been working with the architect
to design something incredible to take advantage of the location
and the view,” Michelle Clark says.
Ten building permits were issued in the town in 2017, ranging
from project costs of $450,000 for 207 Water Street, to $1 million
for 524 S. Lumina Ave. They included a permit for new construc-tion
on 405 N. Lumina Ave., purchased by builders and preserva-tionists
Debbie and Chris Strickland for $1.2 million in February.
The donated 1924-built Ewing-Bordeaux Cottage was moved Jan.
11, 2018, to its new location in the town’s historic square.
CIVIL
FORECLOSURE
FILINGS
NORTH CAROLINA
2017 • 23,493
NEW HANOVER COUNTY
2010 • 1,881
2011 • 1,559
2012 • 1,432
2013 • 968
2014 • 681
2015 • 570
2016 • 489
2017 • 451
BRUNSWICK COUNTY
2015 • 489
2016 • 438
2017 • 391
PENDER COUNTY
2015 • 184
2016 • 149
2017 • 173