Located 30 minutes north of Wilmington NC is the barrier island of Topsail. Due to the islands more isolated location from any major city or towns, this popular vacation beach maintains a low key, family atmosphere with a small beach town charm. The island itself is notably larger than any of its southerly sister islands Wrightsville Beach (4 miles) and Carolina Beach (7 miles), boasting 26 miles total from tip to tip. There are more than 1,200 homes on the island but the year round population is only about 500 residents, however peak season can bring in over 7,000 visitors weekly.
Going back to the 1700’s, Topsail Island earned its name from North Carolina’s rich pirate history. Pirates hid behind the island waiting to attack passing merchant ships stocked with goods. As warnings got out, mariners became more vigilant watching for the “top sails” of pirate ships sticking up behind the islands dunes, hence the name Topsail Island.
Up until World War II, access to the island was only by boat and was largely undeveloped. The US Military decided to occupy the island during WWII and changed its future destiny by dredging channels, building roads and connecting water utilities. After the war, the Military released the island to the public and the town was incorporated in 1963.
Topsail actually comprises three townships: North Topsail, Surf City and the Town of Topsail. North Topsail occupies the northern section with extensive marsh and estuary environments. The residences are mostly single family homes but one of the only high rise condos on the island can be found here. Surf City is the center of the island where the island connects to the mainland from the classic “swing bridge” along the intracoastal. Surf City is the commercial hub for restaurants, shopping and entertainment. Located at the southern tip is the Town of Topsail. Mostly residential cottages, the vibe is quiet and laid back. Boaters will enjoy some of the most beautiful cruising water behind the island in the wide sound.
In terms of real estate for sale, there were 514 sales recorded in 2011. This is up from only 458 sales in 2010. Prices are very favorable and interest rates continue to be historically low which is kicking off a strong start in 2012. A current client of mine has been able to make an offer in the lower $400,000 price range for a newer built beach front home on South Shore Dr, just south of the Surf City Pier. Along the island, various condos and town homes can be found from $100,000-$300,000. Beach front town homes and single family homes will start in the $400,000 price range and can easily exceed a million dollars. Investors looking to make money on their beach properties can expect rental income between $30,000-$50,000 dollars during peak season weeks for a typical 3-4 bedroom.
If you are in the market for a beach home on Topsail Island, be sure to give me a call. I live for the beach and I hope to meet you soon.
Ben Szafran, Broker, 910-713-9323, Ben@BlueCoastRealEstate.com
In the early 1990’s The Cottage” was noted as one of the more popular style of homes built. Since then Cottages in the coastal North Carolina communities of
Come and play at Wrightsville Beach…..
Great weather, great people, great living! That's what you get if you're lucky to live in Wilmington. With mother nature being so kind to us this winter I hope you have had a chance to get out and experience and enjoy this wonderful community. If you're like me, I love the outdoors and everything that comes along with it. As an avid golfer and tennis player in my spare time, I've been able to capitalize on our magnificent mild weather. Wilmington has a magnitude of wonderful golf course communities, some private, some public and some very close to the beach! With interest rates so low, now is a great time to buy properties on that golf course that you've been dreaming of and thought you couldn't afford. Brunswick Forest, Landfall, Porters Neck and Magnolia Greens are just a few golf course communities to mention. A true golfers dream that meets every level of golf. If golfing is not your thing and boating is, well again your in luck. Owning that property on or near the water has never been more affordable. There are so many wonderful opportunities here in the Wilmington area. Wrightsville Beach, Kure Beach or Carolina Beach are a few to mention as well as waterfront/water view properties along the intercostal waterway. Just imagine yourself enjoying the warmth of the Carolina sunshine, watching boaters sail by and mother nature at her finest right outside your home! If the great outdoors aren't enough to draw you to this quaint town, then perhaps the theatre, arts, fine dining and shopping will entice you. Downtown Wilmington is quite the experience, whether you begin your journey along the historic waterfront boardwalk stopping off at the restaurant of your choice scattered throughout the streets or perhaps a dinner cruise on the Henrietta III. There you can cruise along the Cape Fear river enjoying cocktails and fine dining. There are scenic cruises and murder mystery cruises available as well. Perhaps you would rather enjoy an organized walking tour throughout historic Wilmington. For the brave at heart, perhaps a guided ghost tour would be of interest. Let us not forget the USS North Carolina Battleship opened to the public year round. What an experience to step back in time and let some of the crew's stories come "alive" as you wander thru the galleys of where our countrymen served. I you're lucky, you may catch of glimpse of "Charlene" and "Charlie" the resident alligators. So, if you're looking for a place that has it all, please let me know how I can help you and your family find your perfect home!
If you have been contemplating purchasing your very first home, now is the time to do it! First time home buyers have some great advantages with not only the market values but also the interest rates are at an all-time low, I have seen anywhere from 3.0 to 4.5% which is amazing! Homes that are sold as bank-owned foreclosures usually offer a 15 day period for owner-occupant buyers, this is one thing that gives first time buyers and advantage over investors to pick up some great deals. The first thing I tell my first time buyers or just buyers in general is to get with your bank and get pre-qualified. Getting pre-qualified lets you know exactly what price range you need to be shopping in so that when you find the perfect place you can move forward with an offer. Banks and lending institutions are offering some great programs that accompany these low rates. Here is a little info on some of the programs available: