2 0 1 8 R E A L E S T A T E R O U N D U P
2018 BUILDING PERMITS WRIGHTSVILLE BEACH
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WBM
Permit
Number Address Date Filed Description Cost
BLDR-282-2018 106 Live Oak Dr 2/7/2018 New Single Family Residence $547,330
BLDR-362-2018 908 S Lumina Ave 4/5/2018 New Single Family Residence $645,986
BLDR-365-2018 103 Cypress Ave 4/9/2018 New Single Family Residence $580,000
BLDR-407-2018 206 Cypress Ave 5/15/2018 New Single Family Residence $900,000
BLDR-416-2018 423 S Lumina Ave 5/23/2018 New Single Family Residence $1,300,000
BLDR-417-2018 110 Parmele Blvd 5/23/2018 New Single Family Residence $987,000
BLDC-425-2018 26 Seagull St Unit A 5/29/2018 New Commercial Structure $500,000
BLDR-426-2018 26 Seagull St Unit B 5/29/2018 New SFR Duplex top unit $500,000
BLDR-430-2018 8 Seagull St Unit A 6/4/2018 New SFR Duplex Unit $375,000
BLDR-431-2018 8 Seagull St Unit B 6/4/2018 New SFR Duplex Unit $375,000
BLDR-432-2018 18 Seagull St Unit B 6/4/2018 New SFR Duplex Unit $375,000
BLDR-433-2018 14 Seagull St Unit B 6/4/2018 New SFR Duplex Unit $375,000
BLDR-434-2018 12 Seagull St Unit B 6/4/2018 New SFR Duplex Unit $375,000
BLDR-435-2018 14 Seagull St Unit A 6/4/2018 New SFR Duplex Unit $375,000
BLDR-436-2018 10 Seagull St Unit B 6/4/2018 New SFR Duplex Unit $375,000
BLDR-437-2018 12 Seagull St Unit A 6/4/2018 New SFR Duplex Unit $375,000
BLDR-438-2018 10 Seagull St Unit A 6/4/2018 New SFR Duplex Unit $375,000
BLDR-439-2018 18 Seagull St Unit A 6/4/2018 New SFR Duplex Unit $375,000
BLDR-453-2018 7 Myrtle Ct 6/19/2018 New Single Family Residence $550,000
BLDR-473-2018 819 S Lumina Ave 7/10/2018 New Single Family Residence $2,900,000
BLDR-489-2018 14 W Salisbury Ave 7/18/2018 New Single Family Residence $750,000
BLDR-495-2018 306 Water St 7/25/2018 New Single Family Residence $1,500,000
BLDR-500-2018 15 E Raleigh St 7/31/2018 New Single Family Residence $875,000
BLDR-571-2018 22 Seagull St Unit A 10/11/2018 New SFR Duplex Unit $750,000
BLDR-572-2018 22 Seagull St Unit B 10/11/2018 New SFR Duplex Unit $750,000
BLDR-696-2018 11 E Fayetteville St 12/5/2018 New Single Family Residence $600,000
BLDR-710-2018 62 Pelican Dr 12/17/2018 New Single Family Residence $750,000
PLEASURE ISLAND: CAROLINA AND KURE BEACH
BRAND new construction brought the top sales at
Pleasure Island.
On Kure Beach, the top sale was 441 South Fort
Fisher Boulevard. This was new construction on the
oceanfront with an elevator and an in-ground pool. It offered
5 bedrooms, 6 baths, in 3,442sf, closing for $1.435 million in
December.
The top Carolina Beach sale was also oceanfront,1206 Carolina
Beach Avenue North, also new construction, also with an eleva-tor
and a pool. It has 7 bedrooms, 7 baths in 4,113sf and closed
in April for $1.4 million.
A broker at Carolina Beach described Hurricane Florence as “a
very kind hurricane there,” considering how badly those farther
north fared. Damage to homes was mostly roof shingles, except
one or two newer businesses lost their roofs. The typical high tide
and rain event flooding occurred on Canal Drive and around the
lake where some homes near the lake had 3.5 feet of water inside.
“We slipped into a seller’s market right before 2018 started.
We didn’t have a lot of inventory through the entire year of
2018 so that really drove the seller’s market, just the basic sup-ply
and demand,” says Alecia Devereaux
of Intracoastal Realty about the market on Pleasure Island.
“We saw rapid growth in terms of a little higher apprecia-tion
than probably what we see nationwide,” Devereaux says.
“That was also a little bit of pent-up demand, which is what
drove down our inventory.”