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2200 Shoreline Dr - The Southern End of Topsail Island

110 Acres of Residential Land Offered at $11,443,945 CAD in Topsail Beach, NC 28445

Investment Highlights

  • 110+ Oceanfront Acres
  • Ocean and Sound Front
  • Over One Mile of Water Frontage
  • Property Has Benefited (and Grown) from Accretion

Executive Summary

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 to the 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

Property Facts Under Contract

Price $11,443,945 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 110.00 AC

1 Lot Available

Lot

Price $11,443,945 CAD
Price Per AC $104,035.87 CAD
Lot Size 110.00 AC

Description

South end of Topsail Beach

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4201-59-8862-0000
Land Assessment
$4,267,130 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,267,130 CAD

zoning

Zoning Code C-4, R-2
C-4, R-2
  • Listing ID: 16690962

  • Date on Market: 2019-07-23

  • Last Updated:

  • Address: 2200 Shoreline Dr, Topsail Beach, NC 28445

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