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2 results for "Real estate development--Figure Eight Island"
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Record #:
10479
Author(s):
Abstract:
Four Wilmington men are developing what may become the most ultra-private, ultra-exclusive residential property on the entire East Coast--Figure Eight Island, which lies just north of Wrightsville Beach. Cash is no guarantee of a purchase; each offer to purchase is screened by the corporation owning the island. Those who are approved must then submit house plans for approval.
Source:
We the People of North Carolina (NoCar F 251 W4), Vol. 26 Issue 3, Aug 1968, p18-19, 33-34, il
Record #:
8399
Author(s):
Abstract:
Figure Eight Island, north of Wrightsville Beach, has become a popular resort community. At the turn of the 20th-century, Figure Eight was no more than a brush-covered island. The Foy family purchased much of the island for $200 in 1911. The family retained the property until Hurricane Hazel hit the area in 1954. Dan Cameron began buying land after the hurricane because current property owners wanted to move off the land. In 1971, Cameron sold his property rights to the Figure Eight Development Company. The firm added a new marina and clubhouse on the island. By 1985, lots that sold for $5,000 in 1960 sold for over $225,000. Homeowners on Figure Eight Island are using modern architecture designs that blend homes into the island's natural beauty.
Source:
The State (NoCar F 251 S77), Vol. 52 Issue 11, Apr 1985, p8-10, il, map
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