110 Acres South Topsail Island

$7,950,000, 4,791,600 Sqft 110 Acres

About This Property

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.

Essential Information

MLS® #100180377
Price$7,950,000
Square Footage4,791,600
Acres110.00
TypeLand/Acreage/Site
Sub-TypeResidential
StatusActive

Community Information

Address110 Acres South Topsail Island
AreaNot In Subdivision
SubdivisionNot In Subdivision
CityTopsail Beach
CountyPender
StateNC
Zip Code28445

Amenities

AmenitiesSee Remarks
Is WaterfrontYes

Waterfront

Deeded Waterfront, Intracoastal Front, Marsh Front, Ocean Front, Ocean View, Water Access Comm, Water View Only

School Information

ElementarySouth Topsail
MiddleTopsail
HighTopsail

Additional Information

Date ListedAugust 14th, 2019
Days on Market85
ZoningC-4
Short SaleYes

Listing Details

OfficeCape Fear Commercial, LLC

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