Record #:

12620

Author(s):

Sharpe, Bill

Abstract:

After the completion of several surveys on ocean subdivision projects, reviewers were astonished at the speed of development and consequent sale of residential property to individual owners. By and large, the subdivisions now mark the end of an era, within 25 years there will be little to no land to develop for subdivisions. Already, the most desirable ocean front properties are selling for $50 to $100 per foot, and even the less desirable beach property has doubled and tripled in price in the last six years.

Source:

The State (NoCar F 251 S77), Vol. 26 Issue 1, June 1958, p8-10, 21, il

Subject(s):

Beaches--North Carolina, Eastern