Island Gazette

Weekly Real Estate Market Report

General Market Observations:
These past few weeks have seen a nice uptick in showing activity. To take advantage of the spring selling season, it is important for sellers to be prepared.
The key ingredients to having buyers look at your home include: 1) Curb Appeal, 2) Quality Photography, 3) An accurate price.  From here, the floor plan, the specific location, and interior features take over!
It is also very helpful to have a property-specific website that buyers can access. It should be a website just for your property, and include tons of pictures, aerial views, maps, area features and more! An example of this can be found here:
This week I thought it would be helpful to share a summary of several recent sales, so you can know more about the specific features and design elements that resulted in recent sales.
1012 S Fort Fisher Blvd – Sales Price $815,000 (List Price = $850,000)
Property Description – This home is on a larger lot, it is very well landscaped and has amazing ocean views! It was custom built by Windjammer Construction.  It has a reverse floor plan (kitchen/living/dining on top floor) with 5 bedrooms and 4.5 baths and  ~3,400 sq ft. Inside offered Cape Fear Riverwood floors, an elevator, granite counter tops, KitchenAid stainless appliances and custom Kraftmaid cabinetry. It also offered granite bath vanities, 5ft bead board, custom doors, and wiring for sound. There is a granite coffee bar in the 2nd floor foyer. Exterior amenities include professional landscaping & irrigation, outdoor shower, Bahama shutters, an in-ground pool with in-pool lighting & audio speakers. There is a whole house Culligan water softener system. This home is Energy Star compliant w/ Low-E glass windows, blown-in insulation, TechShield radiant barrier.
1103 Bowfin Ln #1 - Sales Price $345,000 (List Price= $350,000)
This is a great beach home that is located on a side street with no thru traffic; Steps to the beach and Tiki Bar.  It has ocean views from up top. It has a real nice location with green grass, mature palm trees and a yard.  Inside is impressive with its four bedrooms, three full baths, and a large living area. Wood and tile floors, cozy carpet in the bedrooms. There is a designer kitchen with a beautiful granite. Lots of natural light flows throughout the home. There is also gas fireplace, beadboard trim, Bahama shutters and outdoor an shower. There is elevator access on all floors which can be a very desirable feature. Nicely built with quality siding, a metal roof and dual HVACs for energy efficiency. As an added bonus three is a game room (unfinished) on the ground floor. It offers a hard to beat location that provides privacy, and beach access just steps away. 
901 S Lake Park Blvd #203  – Sales Price $245,000 (List Price = $255,000)
This second floor Paradise Towers unit sold quickly. It’s a solid building with elevator access! There is an ocean front pool and unobstructed ocean views from this beautiful 2BR / 2BA condo. Its nice inside, with ocean views from two large sliding glass doors.  These doors lead to a covered balcony. The master bedroom overlooks the ocean, as does the living room. There are tile floors. This condo was sold furnished, which makes moving in easy!  Ideal for a weekend get-aways, as well as for rental purposes. Desirable south-of-lake location.
333 S Fort Fisher Blvd #B – Sales Price $760,000 (List Price= $800,000)
Stunning ocean front beach residence. This is a really nice and well built townhome. The home inspector said “this is one of the best built properties I have seen at the beach” (PS – Unit #A is also available for sale). Beautiful views of the ocean and the Kure Pier. This is a popular  location south of town, and within walking distance of dining and activities. Gorgeous architecture both inside and out. Tons of deck and patio space to enjoy the outdoors, ocean breezes and the sights of Kure Beach! Inside offers 6 spacious bedrooms, and 4 full baths. There is an elevator for easy access. An open kitchen overlooks the living and dining area making this ideal for family gatherings and entertaining. Gas fireplace. Many nice touches inside including gorgeous granite in kitchen and bath. Wood floors. Tiled baths. Quality appliances. There is also a garage for extra storage. Quality built. Construction grade rated an A - Excellent Quality) by New Hanover County. The town home also was designed to accommodate those in wheel chairs, which is a very important feature to provide.
1200 St Joseph St #42 - Sales Price $360,500  (List Price = $360,000)
This is a waterfront end-unit townhome with amazing views. It actually received multiple offers and I SOLD if for slightly above asking price This unit has been renovated with new hardwood floors, side by side French doors in the master bedroom, completely updated bathrooms with granite vanities and a stylish kitchen with tile backsplash. The interior is top-notch with high quality touches and trim work! There was a fireplace too. In addition, it came with a 33 foot boat slip just out your back door, along with a garage for storage. The views are spectacular overlooking the sound. There are two large decks. In Forest By The Sea you are also close to the beach, and in a very lovely community featuring established landscaping. On a warm day, you can take a dip in the pool that overlooks the waterway!
101 Seawatch  Way – Sales Price $605,000 (List Price = $625,000)
This was a nice home in Seawatch, one of the initial homes built in the neighborhood. The layout & floor plan are ideal; Two bedrooms on the first floor; two on the second, and a master suite on the third. There is also a home office are built off the master bedroom, and access to a roof top deck. Real nice views of the ocean front the crow’s nest! The living room is surrounded on three sides decks, including a screened porch. There is a reading nook with a gas fireplace. The kitchen overlooks the living and dining areas and offers granite counter tops & Kitchen Aid appliances. There is a lot of storage space in this home, along with a workshop and an indoor/outdoor room under the carport. The carport is designed to allow relaxing breezes to flow through, and can accommodate four cars. With its coastal design and style, and location in  a popular neighborhood, this was great home!
409 Canal Dr – Sales Price $358,000 (List Price = $368,000)
This water front condo offered 3 bedrooms, and 2 baths on a single level floor plan. A High Quality Condo, Very Nice Inside. Wood & Tile floors. Gas fireplace. Quality fixtures and finishes. Fire safety sprinkler system. There is a 40ft deep, and extra wide boat slip that is just out the back door. From this home you are also just one block to the beach.  Some buyers really like this location…with your boatslip on one side, and the ocean on the other! There are magical sunsets over the water from the large screened-in deck that overlooks the canal…where the owners can watch the boats go by.
Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Data is courtesy of the Wilmington Association of REALTORS MLS. Justin does not just "list" properties, he sells them! To get your home SOLD for the highest possible price, call Justin at 910-352-0998. Justin has been the #1 Agent on Pleasure Island since 2006. He has the highest dollar volume of sales, and has had the most number of closings. His business is built on hard work and high-impact marketing. Please visit for more info.
The Weekly Real Estate Market Report is a Paid Advertisement Compliments of Coastwalk Real Estate.


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