Explore Homes for Sale in Figure Eight Island, Wilmington, NC

Figure Eight Island, Wilmington, NC Luxury Homes for Sale

Figure Eight Island stands as one of the most private and architecturally refined coastal addresses in North Carolina. Buyers researching luxury homes for sale in the Wilmington area consistently arrive at this barrier island for a single reason: it exists on its own terms. Access is gated, the shoreline is protected, and the residential caliber reflects decades of deliberate, low-density development. Coastal Realty Associates has advised buyers and sellers on this island for years, offering the kind of market fluency that only comes from consistent, ground-level presence in one of the Southeast's most exclusive coastal enclaves.

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Architectural Caliber and Price Context

Homes on Figure Eight Island are predominantly custom-built, with architecture ranging from traditional coastal shingle-style construction to contemporary elevated residences with floor-to-ceiling ocean or sound views. Lot sizes frequently exceed half an acre, and many properties position buyers between both the Atlantic Ocean and the Intracoastal Waterway. Luxury homes for sale on Figure Eight Island typically list between $2,500,000 and $8,000,000, with oceanfront estates and deepwater sound properties commanding the upper range. Interior square footage commonly runs between 3,500 and 7,000 square feet, with hallmarks including wide-plank hardwoods, custom millwork, chef-grade kitchen installations, and elevator access across multiple living levels.

Premier Neighborhoods and Private Enclaves

The island's residential layout divides naturally between oceanfront sections along the Atlantic and sound-side properties facing the Intracoastal Waterway and Rich Inlet. The oceanfront corridor draws buyers seeking unobstructed Atlantic views and direct beach access, while the sound-side streets, including those along Marlin Drive and Pelican Drive, attract buyers who prioritize deep-water dock access and protected boating. Private docks are common on sound-side lots, with direct access to the Intracoastal Waterway placing offshore fishing grounds and Wrightsville Beach within a short boat ride. The island was developed beginning in the early 1960s and has maintained strict architectural and environmental standards since, which preserves property values and neighborhood integrity across every price tier.

Lifestyle and Amenities for the Discerning Buyer

Figure Eight Island is a private, gated community with no commercial development on the island itself. There are no hotels, restaurants, or retail corridors, which is precisely the point. Residents have access to the Figure Eight Island Yacht Club, which serves as the social and recreational anchor of the community. The club offers marina facilities, tennis, and a gathering space that reflects the island's understated, member-focused culture. Boating is central to daily life here, with the Rich Inlet offering direct Intracoastal and offshore access. The mainland commercial corridor along Market Street and the restaurants of Wrightsville Beach are approximately 20 to 25 minutes by car, providing easy access to high-end dining and retail without compromising the island's seclusion. Families with school-age children are served by New Hanover County Schools, with Wrightsville Beach Elementary among the proximate options.

Working with a Knowledgeable Local Expert

The Figure Eight Island market moves with limited inventory and qualified buyers who understand what true coastal privacy is worth. Coastal Realty Associates brings direct experience with the island's transaction history, seller expectations, and the nuanced factors, including dock permits, flood zone designations, and HOA covenants, that shape purchase decisions at this level.

Newest Homes for Sale in Figure Eight Island, Wilmington, NC

$2,150,000
10 Beds 10 Baths
This incredible oceanside retreat offers a rare opportunity to own a fully furnished, true turn-key short-term rental on one of the most desirable stretches of Topsail Island. Thoughtfully designed to elevate the coastal experience, this 10-bedroom, 10-bathroom beachside retreat blends high-capacity rental potential with the kind of lifestyle that keeps guests returning year after year. From sunrise coffee on the ocean-view decks to sunset gatherings overlooking the marsh, every part of the home embraces the natural beauty and rhythm of the island lifestyle. Inside, spacious common areas, coastal-modern decor, multiple ensuite bedrooms, a game-filled recreation room, and a private hot tub create an experience that appeals to large groups looking for a beach getaway, multi-family groups, and retreat travelers. Enjoy community pool access, 18 feet of deeded beach access just steps away, and included amenities such as bikes, beach chairs, and thoughtfully curated furnishings. This luxury retreat is fully furnished for a true turn-key experience. With strong 2025 rental income of over 171K and over 130K in revenue already secured for 2026, plus a design that consistently draws high guest demand, this home stands as an exceptional opportunity for investors seeking a high-capacity, established, and experience-driven property with immediate income potential on Topsail Island. Whether you are looking for your next oceanside retreat or high performing rental investment, this home offers an elevated Topsail Island lifestyle that's ready to enjoy from day one.

4254 Island Dr, North Topsail Beach

$2,950,000
Looking for a solid investment that's already generating income with room for growth? This 20-unit apartment complex in Jacksonville NC offers the perfect opportunity for investors of all experience levels. Located in a fast-growing area, just a short drive from the beaches of Topsail & the Crystal Coast, this property combines steady cash flow with future potential. The complex is completely turnkey, allowing you to start earning from day 1. The property's current rental income is poised for increases, with rents being raised to $1,100 - $1,250 per unit. 7 units are now leased at the new rates. Once all leases are adjusted, the property will generate approx. $280,000 per year in income. At this price, investors can expect a 9-10% CAP rate with minimal effort. The property has been well-maintained with several major updates already completed, including many new HVAC systems & a newer roof (4 years old). The units are in excellent shape with spacious layouts, full kitchens, appliances & in-unit washers and dryers. For those new to real estate investing, this property is an ideal introduction, with a professional management team already in place. However, if you prefer to manage it yourself, you can save in management fees, which will increase your return on investment. Plus, there are opportunities to increase rents further as Jacksonville's market continues to grow, providing additional upside for the future. Located in a clean & convenient neighborhood, the complex is close to schools, shops, restaurants and public services—making it an attractive place for tenants. As Jacksonville's economy and housing market continues to expand, this property offers strong potential for long-term appreciation, making it an excellent addition to any portfolio. Whether you're an experienced investor or just getting started, this property offers a great balance of stability & future growth. Don't miss out on this opportunity to invest in one of NC's fastest-growing markets!

2322 Indian Dr, Jacksonville

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