CookeProperty
Designed, Researched, and Published by Allison
Designed, Researched, and Published by Allison
Zimmerman and Lucia Cooke
Zimmerman and Lucia Cooke
Dear Reader,
As always, thank you for allowing us to enter your home and inboxes. Creating this publication gives us the opportunity to deeply explore the changes and dynamics of the Triangle market, and we are always delighted to share these insights. You may notice that this edition is reaching you later in the season than usual. After substantial deliberation, we decided to delay publication until the 2024 end-of-year numbers were posted. This provided us with comprehensive data to deliver a more inclusive year-over-year perspective in our figures and market analysis.
You may (or may not) be aware that Allison was accepted into the Advanced Management Development Program in Real Estate (AMDP) at Harvard University and is working towards graduation in July 2025. She is taking courses from world-class faculty and industry experts while engaging in team and individual real-life projects. Classes range from advanced real estate finance and development strategies to marketing and sales cycle analysis. It has been an eye-opening and stimulating experience.
2024 also marked another milestone for us – Cooke Property turned 10! And what a decade it has been. When we became “official” in November 2014:
The median sales price was $205,000 – Now it is $400,000.
Total inventory was 10,637 – Now it is a scant 7,518.
The average days on market was 68 days (and we all celebrated enthusiastically) – Now it is a mere 30 days (and people are concerned... crazy!).
Sellers received an average of 95.7% of their list price – Now it is 98%.
Mortgage rates averaged 3.85% – Now they are at 6.7% (as of the end of 2024).
The average price per square foot was $165 - Now it is $279 (as of the end of 2024).
As you can see, the landscape has changed drastically since we departed from the large firms we previously worked for to create our own firm. It has been a wonderful journey, and we look forward to discovering what the next 10 years will bring.
Thank you for being a part of our story. We look forward to the opportunities 2025 holds.
We extend our heartfelt gratitude to our customers, friends, and former clients for their continued support and trust in our firm. We will continue striving to exceed your expectations.
Lucia Cooke
Allison Zimmerman
Lighthouse keepers teach us valuable lessons about dedication, resilience, and the importance of quiet service.
Their solitary lives remind us of the value of perseverance and responsibility, as they maintained the light regardless of harsh weather or personal challenges.
They exemplify the importance of small but vital tasks in contributing to a larger purpose, showing how consistent effort can save lives and guide others.
Finally, their connection to the sea and nature highlights the need to find beauty and peace in the simplicity of life, even in the face of isolation or hardship.
Price Range
New Construction Single Family
Number of Sales
per Sq Ft
Number of Sales
per Sq Ft
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Number
Single Family Re-Sale more than 10 years old
Number of Sales
per Sq Ft
Number of Sales Dollar per Sq Ft
Townhome and Condominium more than 10 years old
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 6 absorption rate: 5.2 months
$200,000 - $299,999 current inventory: 9
$300,000 - $399,999 current inventory: 12 absorption rate: 4.2 months
$400,000 - $400,999 current inventory: 9 absorption rate: 3.1 months
$500,000 - $599,999 current inventory: 9 absorption rate: 2.5 months
$600,000 - $699,999 current inventory: 3 absorption rate: 1.2 months
$700,000 - $799,999 current inventory: 5 absorption rate: .9 months
$800,000 - $899,999 current inventory: 1 absorption rate: .71 months
$900,000 - $999,999 current inventory: 1 absorption rate: .5 months
$1,000,000 - $1,499,999 current inventory: 5 absorption rate: 1.3 months
$1,500,000 - $1,999,999 current inventory: 3 absorption rate: 1.8 months
$2,000,000 + current inventory: 4 absorption rate: 5.3 months
East Chapel Hill High School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Number
Single Family Re-Sale more than 10 years old
Number
Townhome and Condominium more than 10 years old
Number
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 7 absorption rate: 3.7 months
$200,000 - $299,999 current inventory: 12
$300,000 - $399,999 current inventory: 15 absorption rate: 3.2 months
$400,000 - $400,999 current inventory: 11 absorption rate: 2 months
$500,000 - $599,999 current inventory: 16 absorption rate: 2.6 months
$600,000 - $699,999 current inventory: 6 absorption rate: 1.2 months
$700,000 - $799,999 current inventory: 6 absorption rate: 1.6 months
$800,000 - $899,999 current inventory: 1 absorption rate: .3 months
$900,000 - $999,999 current inventory: 3 absorption rate: .7 months
$1,000,000 - $1,499,999 current inventory: 13 absorption rate: 1.9 months
$1,500,000 - $1,999,999 current inventory: 5 absorption rate: 2.7 months
$2,000,000 + current inventory: 5 absorption rate: 10 months
Chapel Hill High School
Price Range
New Construction Single Family
Number
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Number
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 1 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 1 absorption rate: .7 months
$300,000 - $399,999 current inventory: 2 absorption rate: 2.4 months
$400,000 - $400,999 current inventory: 2 absorption rate: 1.5 months
$500,000 - $599,999 current inventory: 3 absorption rate: 5.2 months
$600,000 - $699,999 current inventory: 1 absorption rate: 1.5 months
$700,000 - $799,999 current inventory: 0 absorption rate: no active inventory to compare
$800,000 - $899,999 current inventory: 1 absorption rate: .7 months
$900,000 - $999,999 current inventory: 0 absorption rate: no active inventory to compare
$1,000,000 - $1,499,999 current inventory: 1 absorption rate: .8 months
$1,500,000 - $1,999,999 current inventory: 1 absorption rate: 1.5 months
$2,000,000 + current inventory: 0 absorption rate: no active inventory to compare
Carrboro High School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Single Family Re-Sale more than 10 years old
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 0 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 3 absorption
$300,000 - $399,999 current inventory: 13 absorption rate: 1.4 months
$400,000 - $400,999 current inventory: 13 absorption rate: 1.9 months
$500,000 - $599,999 current inventory: 5 absorption rate: .9 months
$600,000 - $699,999 current inventory: 1 absorption rate: .9 months
$700,000 - $799,999 current inventory: 1 absorption rate: 1.2 months
$800,000 - $899,999 current inventory: 3 absorption rate: 3.6 months
$900,000 - $999,999 current inventory: 2 absorption rate: 6.1 months
$1,000,000 - $1,499,999 current inventory: 3 absorption rate: 3.6 months
$1,500,000 - $1,999,999 current inventory: 1 absorption rate: 6.3 months
$2,000,000 + current inventory: 4 absorption rate: 25 months
Cedar Ridge High School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome &
Single Family Re-Sale more than 10 years old
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 0 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 8
$300,000 - $399,999 current inventory: 11 absorption rate: 1.6 months
$400,000 - $400,999 current inventory: 9 absorption rate: 1.7 months
$500,000 - $599,999 current inventory: 4 absorption rate: 2.2 months
$600,000 - $699,999 current inventory: 5 absorption rate: 2.1 months
$700,000 - $799,999 current inventory: 1 absorption rate: .5 months
$800,000 - $899,999 current inventory: 4 absorption rate: 3 months
$900,000 - $999,999 current inventory: 2 absorption rate: 3 months
$1,000,000 - $1,499,999 current inventory: 7 absorption rate: 7.8 months
$1,500,000 - $1,999,999 current inventory: 0 absorption rate: no active inventory to compare
$2,000,000 + current inventory: 1 absorption rate: no sales to compare
Orange High School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Townhome
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 0 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 21 absorption rate: 3.1 months
$300,000 - $399,999 current inventory: 33 absorption rate: 1.9 months
$400,000 - $400,999 current inventory: 16 absorption rate: 1.8 months
$500,000 - $599,999 current inventory: 6 absorption rate: 1.1 months
$600,000 - $699,999 current inventory: 4 absorption rate: 1.8 months
$700,000 - $799,999 current inventory: 5 absorption rate: 2.7 months
$800,000 - $899,999 current inventory: 8 absorption rate: 13.8 months
$900,000 - $999,999 current inventory: 0 absorption rate: no active inventory to compare
$1,000,000 - $1,499,999 current inventory: 7 absorption rate: 14 months
$1,500,000 - $1,999,999 current inventory: 2 absorption rate: no sales to compare
$2,000,000 + current inventory: 0 absorption rate: no active inventory to compare
northern High School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Number
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 6 absorption rate: 1.6 months
$200,000 - $299,999 current inventory: 14
2
$300,000 - $399,999 current inventory: 33 absorption rate: 2.9 months
$400,000 - $400,999 current inventory: 13 absorption rate: 1.5 months
$500,000 - $599,999 current inventory: 13 absorption rate: 2 months
$600,000 - $699,999 current inventory: 7 absorption rate: 1.6 months
$700,000 - $799,999 current inventory: 3 absorption rate: 1.1 months
$800,000 - $899,999 current inventory: 4 absorption rate: 1.9 months
$900,000 - $999,999 current inventory: 2 absorption rate: 1.7 months
$1,000,000 - $1,499,999 current inventory: 7 absorption rate: 2.5 months
$1,500,000 - $1,999,999 current inventory: 4 absorption rate: 8 months
$2,000,000 + current inventory: 8 absorption rate: no sales to compare
riverside High School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Townhome and Condominium more than 10 years
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 1 absorption rate: 1.2 months
$200,000 - $299,999 current inventory: 20 absorption rate: 2.9 months
$300,000 - $399,999 current inventory: 11 absorption rate: .9 months
$400,000 - $400,999 current inventory: 21 absorption rate: 1.5 months
$500,000 - $599,999 current inventory: 15 absorption rate: 1.5 months
$600,000 - $699,999 current inventory: 8 absorption rate: 1.1 months
$700,000 - $799,999 current inventory: 7 absorption rate: 1.1 months
$800,000 - $899,999 current inventory: 5 absorption rate: 1.4 months
$900,000 - $999,999 current inventory: 7 absorption rate: 3.4 months
$1,000,000 - $1,499,999 current inventory: 10 absorption rate: 2.6 months
$1,500,000 - $1,999,999 current inventory: 2 absorption rate: 2.2 months
$2,000,000 + current inventory: 3 absorption rate: 2.3 months
Jordan High School
New Construction Single Family
New Construction Townhome and Condominium
Number
Single Family Re-Sale less than 10 years old
Number of
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Number
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 0 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 15 absorption rate: 1.9 months
$300,000 - $399,999 current inventory: 60 absorption rate: 2.1 months
$400,000 - $400,999 current inventory: 54 absorption rate: 2.1 months
$500,000 - $599,999 current inventory: 12 absorption rate: 1.8 months
$600,000 - $699,999 current inventory: 2 absorption rate: .9 months
$700,000 - $799,999 current inventory: 1 absorption rate: 2 months
$800,000 - $899,999 current inventory: 2 absorption rate: 3.4 months
$900,000 - $999,999 current inventory: 6 absorption rate: no sales to compare
$1,000,000 - $1,499,999 current inventory: 0 absorption rate: no active inventory to compare
$1,500,000 - $1,999,999 current inventory: 0 absorption rate: no active inventory to compare
$2,000,000 + current inventory: 0 absorption rate: no active inventory to compare
Hillside High School
Price Range
New Construction Single Family
Number of Sales
per Sq Ft
of Sales
per Sq Ft
New Construction Townhome and Condominium
Number
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Townhome and Condominium more than 10 years old
Number
per Sq Ft
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 2 absorption rate: 1.6 months
$200,000 - $299,999 current inventory: 4 absorption rate: .6 months
$300,000 - $399,999 current inventory: 37 absorption rate: 1.5 months
$400,000 - $400,999 current inventory: 52 absorption rate: 1.9 months
$500,000 - $599,999 current inventory: 31 absorption rate: 3.1 months
$600,000 - $699,999 current inventory: 7 absorption rate: 2.3 months
$700,000 - $799,999 current inventory: 1 absorption rate: .6 months
$800,000 - $899,999 current inventory: 0 absorption rate: no active inventory to compare
$900,000 - $999,999 current inventory: 2 absorption rate: no sales to compare
$1,000,000 - $1,499,999 current inventory: 1 absorption rate: no sales to compare
$1,500,000 - $1,999,999 current inventory: 0 absorption rate: no active inventory to compare
$2,000,000 + current inventory: 2 absorption rate: no sales to compare
southern High School
Price Range
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Number
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Number
more than 10
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 3 absorption rate: 12 months
$200,000 - $299,999 current inventory: 2 absorption rate: 2.4 months
$300,000 - $399,999 current inventory: 5 absorption rate: 1.3 months
$400,000 - $400,999 current inventory: 12 absorption rate: 1.5 months
$500,000 - $599,999 current inventory: 14 absorption rate: 1.7 months
$600,000 - $699,999 current inventory: 6 absorption rate: 1.1 months
$700,000 - $799,999 current inventory: 4 absorption rate: 1 months
$800,000 - $899,999 current inventory: 11 absorption rate: 4.7 months
$900,000 - $999,999 current inventory: 14 absorption rate: 8 months
$1,000,000 - $1,499,999 current inventory: 26 absorption rate: 6.6 months
$1,500,000 - $1,999,999 current inventory: 8 absorption rate: 5.3 months
$2,000,000 + current inventory: 4 absorption rate: 16 months
Northwood high School
New Construction Single Family
Number
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium
Single Family Re-Sale more than 10 years old
Townhome and Condominium more than 10 years old
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 0 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 0 absorption rate: no active inventory to compare
$300,000 - $399,999 current inventory: 4 absorption rate: 3.2 months
$400,000 - $400,999 current inventory: 4 absorption rate: .9 months
$500,000 - $599,999 current inventory: 6 absorption rate: 1.1 months
$600,000 - $699,999 current inventory: 8 absorption rate: 1.4 months
$700,000 - $799,999 current inventory: 9 absorption rate: 1.5 months
$800,000 - $899,999 current inventory: 8 absorption rate: 2.4 months
$900,000 - $999,999 current inventory: 6 absorption rate: 12 months
$1,000,000 - $1,499,999 current inventory: 16 absorption rate: 2.5 months
$1,500,000 - $1,999,999 current inventory: 11 absorption rate: 7 months
$2,000,000 + current inventory: 22 absorption rate: 14 months
School
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome & Condominium less than 10 years old
Single Family Re-Sale more than 10 years old
Townhome and Condominium more than 10
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 0 absorption rate: no active inventory to compare
$200,000 - $299,999 current inventory: 11 absorption rate: 2.1 months
$300,000 - $399,999 current inventory: 35 absorption rate: 1.6 months
$400,000 - $400,999 current inventory: 22 absorption rate: 1 months
$500,000 - $599,999 current inventory: 28 absorption rate: .9 months
$600,000 - $699,999 current inventory: 34 absorption rate: 1.1 months
$700,000 - $799,999 current inventory: 25 absorption rate: .8 months
$800,000 - $899,999 current inventory: 16 absorption rate: .9 months
$900,000 - $999,999 current inventory: 3 absorption rate: .3 months
$1,000,000 - $1,499,999 current inventory: 24 absorption rate: 1.1 months
$1,500,000 - $1,999,999 current inventory: 11 absorption rate: 1.7 months
$2,000,000 + current inventory: 8 absorption rate: 4.4 months
New Construction Single Family
New Construction Townhome and Condominium
Single Family Re-Sale less than 10 years old
Townhome
Absorption Rate
The absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.
less than $100,000 current inventory: 0 absorption rate: no active inventory to compare
$100,000 - $199,999 current inventory: 6 absorption rate: 1.8 months
$200,000 - $299,999 current inventory: 41 absorption rate: 2.1 months
$300,000 - $399,999 current inventory: 51 absorption rate: 1.8 months
$400,000 - $400,999 current inventory: 41 absorption rate: 1.9 months
$500,000 - $599,999 current inventory: 54 absorption rate: 1.9 months
$600,000 - $699,999 current inventory: 42 absorption rate: 1.6 months
$700,000 - $799,999 current inventory: 22 absorption rate: 1.3 months
$800,000 - $899,999 current inventory: 28 absorption rate: 2.2 months
$900,000 - $999,999 current inventory: 14 absorption rate: 1.7 months
$1,000,000 - $1,499,999 current inventory: 50 absorption rate: 2.4 months
$1,500,000 - $1,999,999 current inventory: 55 absorption rate: 5.3 months
$2,000,000 + current inventory: 58 absorption rate: 8.4 months
Housing Market Update
The Preamble Ramble
Here is where I normally wax poetic about the local nature of real estate markets—but today, I’m breaking my own rule to explore the national scene, too. Why? Because, like comparing apples to oranges (or apples to avocado toast, if you will), contrasts create the intrigue. While each market retains its unique characteristics, this year’s trends deserve a closer look at both the local and national levels to understand how broader economic forces intersect with regional strengths—and (maybe) uncover a few additional insights along the way.
2024 Triangle Market: a year of resilience and transition
A tale of two economies: National vs. Local
Nationally, 2024 presented housing market challenges. Mortgage rates fluctuated between 6% and 7%.
Early in the year, a dip into the mid-6% range briefly energized buyers, but enthusiasm faded as rates climbed above 7% in the spring. Despite a summer inventory boost, record-high home prices continued to strain affordability. The market showed signs of recovery in the fall, following Federal Reserve rate cuts that revitalized sales in October and November.
In contrast, the Triangle market held its ground with resilience. The median sales price settled at $400,000, while closed sales rose by 3.3%, and new listings increased by 17.1%. Months of supply crept up to 3.6 months. Despite ongoing supply-demand imbalances, the Triangle remained in real estate’s “Goldilocks Zone” —not too hot, not too cold.
The Submarket Quirks
Diverse performances emerged within the Triangle. Knightdale, Wendell, and Zebulon saw strong new construction activity, accounting for 61.8% of sales. Harnett County experienced a 23% increase in closed sales, driven by its affordability and proximity to employment hubs. Meanwhile, Garner faced a 14% sales decline, attributed to higher price points, and Person County recorded a 15.4% drop due to its rural location and limited inventory.
This underscores a key point: while some areas thrive, others are still awaiting their moment in the spotlight.
The Mortgage Rate Ballet
Higher mortgage rates in 2024 prompted buyers to consider creative options like rate buydowns, cash transactions, and adjustable-rate mortgages. (As someone who remembers 2008 vividly, I hope we’ve learned our lessons on that last one.) The $245,000 to $344,999 price range remained active, while homes priced below $244,999 remained scarce—making bargain hunting an increasingly difficult feat.
The luxury market, however, remained robust. Homes priced above $1 million saw strong demand in Cary, Chapel Hill, Durham, and parts of Raleigh. High-net-worth buyers, less affected by rate fluctuations, leveraged cash purchases and alternative financing to secure properties in these premium areas. For them, rising rates are a minor inconvenience rather than a dealbreaker.
Average Days on Market:
A tale of two speeds
Here’s an interesting fact: nationally, homes lingered on the market for an average of 70 days. In the Triangle? Just 30 days—a sprint compared to the national marathon. This disparity highlights the region’s strong buyer demand and efficient market dynamics, even amid affordability challenges.
And That’s a Wrap
Looking ahead to 2025, optimism is the prevailing sentiment. Economists predict lower mortgage rates and increased market activity. For the Triangle, that means more of the same: resilience, growth, and a harmonious blend of urban innovation and suburban charm.
For detailed updates, follow our insights on Facebook and LinkedIn. Until next time, stay savvy, stay engaged, and remain ready to adapt to the evolving real estate landscape—because in this market, staying sharp isn’t just optimal; it’s essential.
until next time!
Allison Zimmerman
The Changing Climate (of Property Insurance)
I want to start with a simple truth: Property insurance, much like the real estate market, is local and yet profoundly influenced by global trends. While national patterns are undeniable, the implications for homeowners, lenders, and insurers can vary dramatically depending on the region.
An Industry Under Pressure
This article is not designed to debate climate change. Whether or not you believe in global warming is irrelevant to changes happening within the industry. With the frequency and severity of extreme weather events on the rise, insurers are facing mounting challenges. Premiums are climbing as companies adjust risk models to account for future hazards. In some cases, insurers are outright retreating from high-risk areas, leaving homeowners in the lurch.
Consider this: Between 2017 and 2023, average homeowners’ insurance premiums rose 34%, with some disaster-prone regions experiencing even steeper hikes. Florida residents, for example, pay premiums that are four times the national average, while homeowners in California’s wildfire zones have seen increases of 50-70% annually. These hikes aren’t arbitrary; they’re fueled by escalating claims, rising reinsurance costs, and advanced risk modeling that accounts for a future filled with hurricanes, floods, and wildfires.
Reduced Coverage and Retreating Insurers
It isn’t just higher premiums homeowners need to contend with—coverage itself is shrinking. Insurers are increasingly refusing to renew policies in so-called high-risk areas, with major players like State Farm and Allstate halting new policies in parts of California. Deductibles for damages like floods and wildfires are rising, exclusions for certain risks are growing, and coverage caps often fail to keep pace with rising construction costs. In the worst cases, insurers are pulling out of entire markets, citing unsustainable losses. Globally, the trend is similar: from flood-prone areas in Australia to coastal properties in Europe, insurers are retreating from regions where the math simply doesn’t add up. The result? Homeowners are turning to state-sponsored programs like FAIR Plans, which offer limited, higher-cost coverage—a far cry from the comprehensive policies they once relied upon.
The Ripple Effect on Home Loans
The intersection of property insurance and home lending is fraught with challenges. Rising premiums add to the total cost of homeownership, impacting affordability and reducing loan eligibility for many buyers. Lenders, wary of uninsured or underinsured properties, are tightening criteria in high-risk areas. This includes demanding higher down payments and credit scores, which further restrict access to financing. The consequences ripple outward. High insurance costs depress home values, eroding lender collateral and discouraging investment in vulnerable areas. In the most extreme cases, financial strain leads to missed mortgage payments and defaults, amplifying the cycle of economic instability in disaster-prone regions.
Broader Impacts on “Safer” Areas
As homeowners flee high-risk areas, traditionally low-risk regions are feeling the strain. Migration inflates property values and rents, placing additional pressure on infrastructure and public services. Ironically, some of these “safer” areas may find themselves unprepared for unexpected climate events, such as severe storms or flooding, further complicating the insurance landscape. We have, unfortunately, seen this firsthand with the destruction caused by Helene.
Innovating for a Resilient Future
Despite these challenges, innovation is emerging as a beacon of hope. Alternative insurance models, such as those offered by companies like Stand Insurance, are stepping in to cover previously uninsurable homes using advanced risk management tools. At the same time, climate-resilient incentives—from elevated homes to fire-resistant materials—are gaining traction among lenders and government programs alike. New financial products, like bundled mortgage-insurance packages tailored to climate risks, promise to provide homeowners with more comprehensive protection. Yet these solutions require coordination among insurers, lenders, and policy makers to scale effectively.
A Path Forward
For homeowners, insurers, and lenders alike, the road ahead is uncertain but not insurmountable. By understanding the forces at play and embracing forward-thinking solutions, some of these challenges can be mitigated or even eliminated. But the bottom line is this: it doesn’t matter your stance on climate change, the climate of Property Insurance is changing rapidly, and we need to all be aware. Understanding the forces at play and embracing forward-thinking solutions, some of these challenges can be mitigated or even eliminated. But the bottom line is this: it doesn’t matter your stance on climate change, the climate of Property Insurance is changing rapidly, and we need to all be aware.
Properties
4.7 miles & 10 minutes from Franklin Street in downtown Chapel Hill Nc sited on 4.78 acres in Chapel Hill Schools
503 Damascus Church Road
Location
Close to the bustling activity of Franklin Street and the University of North Carolina.
Yet nestled in the quietude of a pristine forest,
Front Porch: 10.10’ x 11’ (irregular)
Entry Foyer: 12’ x 7.8’
Study: 13.8’ x 12’
Guest Suite: 14.8’ x 13’
Dining : 16’ x 13.4’
Family Room: 21.4’ x 21.6’
Kitchen: 21.6’ x 10’
Scullery: 14.8’ x 6’
Breakfast Room: 14’ x 12.8’
Primary Suite: 18.4’ x 15’
Primary Bath: 18.4’ x 13’
Primary Closet: 16.6’ x 12.8’
Screen Porch: 10’ x 14’
Laundry: 10.4’ x 9’
Mudroom: 12’ x 9’
Garage 2: 21.10’ x 26.8’
Garage 1: 22.4’ x 14’
Bedroom 3: 14’ x 12.8’
Bedroom 4: 14.4’ x 13’
Bedroom 5 / Flex: 15’ x 13’
Recreation Room: 19’ x 15’
Upper Level
503 Damascus Church
48” Thermador Dual Fuel range
54” Thermador Pro Grand Hood
24” Thermador built in refrigerator column
24” Thermador built in freezer column
30” XO beverage/ wine unit (kitchen)
24” XO beverage center (rec room)
Thermador dishwasher
Thermador 24” microwave drawer
Metropolitan designer kitchen
cabinets Quartz countertop
Kitchen backsplash with custom tiles in herringbone pattern
Kohler K-5540 Prolific 33” single
bowl stainless sink
Scullery Kitchen
Road
16’ and 10’ (8’ tall) retractable doors to outdoor living Phantom Screen panels on rear porch
Covered outdoor living area with gas fireplace and timber mantel Wired for TV over exterior fireplace
Exterior LP gas grill
Irrigation system
Site lighting system
C O M I N G
S
O O N
Four remaining lots are available in the Meadow at Fox Hill Farm for custom homes, either individually designed or using one of the existing floor plans available. Each home will be constructed by Scott Daves, a master craftsman who deserves his superb reputation.
L ot 2 the eadow
Located on 1.22 acres of serene land, this charming one-story home offers the perfect blend of timeless design and tranquility. The open floorplan invites effortless flow, leading to a stunning screened porch complete with two skylights that flood the space with natural light, and heaters for chilly winter nights. You will find three spacious bedrooms, each boasting its own private bath, promising comfort and privacy for owners and guests. Triple glass sliding doors create a seamless transition between indoor and outdoor living, allowing you to savor the beautiful greenspace behind the home. One level living is augmented by wide doors and cased openings, a zero entrance shower and, generous storage.
A Sample of Listings to Come
These and other properties will soon be available. Expect some outstanding ownership opportunities in 2025!
5040 Shakori Trail
1.5 acres in Croasdaile Farm
5 bedrooms
4.5 baths
.79 acres in Croasdaile Farm with greenspace behind 5 bedrooms
4.5 baths
8 Pine Top Place
2550 Bittersweet Drive
4 Calwell Creek
6021 Dickson Mill
2.42 acres in Country Lane Estates 3 bedrooms 3.5 baths in Chapelwood 55+ community
3 bedrooms 2.5 baths walk-up second story unfinished (plumbed for a bath)
Lighthouses of North Carolina: Beacons
of Hope & Bravery
History & Endless Adventure
North Carolina’s seven lighthouses have stood as guardians of the coast for generations, guiding sailors safely through some of the most treacherous waters on Earth. But these iconic beacons are more than towers of brick and steel — they’re storytellers.
Each lighthouse has witnessed epic storms, tragic shipwrecks, heroic rescues, and the occasional ghostly encounter.
And thanks to the vision of one Founding Father (hint: Thomas Jefferson), these lighthouses were part of a nationwide plan to keep America’s maritime economy afloat.
So, grab your sense of adventure, a love for history, and maybe a flashlight in case you run into a ghost, because we’re about to dive into the incredible stories behind the seven lighthouses of North Carolina.
Rising like a sentinel from the sands of the Outer Banks, the Currituck Beach Lighthouse has watched over the treacherous waters of North Carolina since 1875. It’s not just a lighthouse—it’s a time capsule, a witness to maritime peril, human determination, and even whispers of ghostly legends. Unlike its painted siblings, the Currituck Lighthouse flaunts its natural brick exterior, a rugged beauty built from nearly one million bricks, standing proud as if to say, “I am the guardian of this coast.”
But why was it built? Mariners, often at the mercy of unpredictable storms and deceptive shoals, needed a guide. This lighthouse filled a deadly 40-mile "dark stretch," casting its powerful light far out to sea with the help of a state-of-the-art first-order Fresnel lens. At 162 feet tall, its light pierced the darkness, a beacon of hope for sailors navigating perilous waters.
Its story, though, goes beyond its light. Life at the lighthouse was no romantic picnic. Keepers and their families lived in isolation, braving storms that rattled the brick walls and hurricanes that flooded the surrounding landscape. Imagine climbing its 214 iron steps several times a day, lantern oil sloshing in hand, to clean the lens and ensure the flame never died. They were the unsung heroes of maritime safety, tirelessly tending the light through heatwaves, ice storms, and relentless winds.
But like all good stories, this one has a twist. By the mid-1900s, automation rendered lighthouse keepers obsolete. The Currituck Lighthouse, neglected and weather-beaten, began to crumble. For years, it stood silent and forgotten, a ghost of its former glory—until the 1980s, when a group of passionate preservationists took up its cause. The nonprofit Outer Banks Conservationists restored the lighthouse to its former splendor, and today, its light shines just as it did over a century ago.
Climbing its spiral staircase today is like stepping back in time. From the top, the panoramic views of the Atlantic Ocean and Currituck Sound are breathtaking, but it’s the stories of storms weathered, lives saved, and secrets whispered in the night that truly bring the Currituck Beach Lighthouse to life. It’s not just a structure—it’s a storyteller, and its tales are as timeless as the waves it overlooks.
Yet, the Currituck Lighthouse has one more layer of mystery. Locals whisper of ghostly keepers who never left. Some claim to hear footsteps on the iron stairs at night, or catch glimpses of shadowy figures near the lens. Are they echoes of the past? Or is the lighthouse, so steeped in history, simply refusing to be forgotten?
Perhaps the most chilling accounts come from the lighthouse’s restoration period in the 1980s. Workers claimed to hear voices murmuring in empty rooms and tools mysteriously moving from one spot to another. One worker even swore he felt a cold hand on his shoulder, only to turn and find no one there.
Skeptics might dismiss these tales as tricks of the mind, spurred by the lighthouse’s isolation and history. But for those who have experienced the unexplainable, the Currituck Beach Lighthouse is more than just a historical landmark—it’s a place where the past and present intertwine, where echoes of lives long gone linger in the salt-tinged air.
Whether you believe in ghosts or not, the lighthouse’s haunting beauty and spectral stories make it a place that stirs the imagination. After all, it has stood watch over a perilous stretch of sea for nearly 150 years—perhaps it’s only fitting that some of its most loyal keepers have chosen to stay forever.
Perched on the windswept shores of North Carolina’s Outer Banks, the Bodie Island Lighthouse is more than a guiding light for mariners—it’s a symbol of survival, reinvention, and eerie legend. Rising 156 feet into the sky, its bold black-and-white stripes are an iconic sight along the Atlantic shores where shipwrecks and storms have claimed countless lives.
But the path to its lasting brilliance wasn’t easy. The first Bodie Island Lighthouse, built in 1847, was a disaster. Poor construction on unstable ground caused the tower to lean, making it unusable within a few short years. A second lighthouse, completed in 1859, seemed to solve the problem— until the Civil War intervened. In 1861, Confederate soldiers destroyed it to prevent Union forces from using it as a strategic outpost. Finally, in 1872, the third and current lighthouse was completed, this time built to last, with a powerful first-order Fresnel lens that still beams light 19 nautical miles out to sea.
The name “Bodie” (pronounced "Body") itself carries an ominous edge. Local legend claims it refers to the many bodies washed ashore from shipwrecks in the area, though historians suggest it may have originated from a family name. Whatever its roots, the name adds a haunting layer to the lighthouse’s mystique.
Ghostly tales linger around the lighthouse like a salty sea mist.
While Blackbeard’s infamous name looms large over the Outer Banks, his connection to Bodie Island is more folklore than fact. That said, tales of ghostly ships and strange lights on the horizon have fueled speculation that the pirate’s spirit still lingers in the region. Some locals swear they’ve seen phantom sails on foggy nights, drifting across the waters near the lighthouse—a nod to the pirate-infused history of the Outer Banks.
For all its ghostly intrigue, the Bodie Island Lighthouse remains a triumph of human ingenuity and perseverance. Fully restored in 2013, it now welcomes visitors who climb its steps to experience breathtaking views of the Atlantic Ocean and surrounding marshes. Standing at the top, with the wind in your hair and the endless horizon stretching before you, it’s easy to imagine the countless lives this light has touched—both those it saved and those it couldn’t.
T he Cape Hatteras Lighthouse, towering at 198 feet, is the tallest brick lighthouse in North America. Perched on the windswept shores of Hatteras Island in North Carolina’s Outer Banks, it has guided mariners through the Graveyard of the Atlantic for over two centuries. Its storied history is filled with engineering feats, heroic rescues, and the steadfast dedication of its keepers.
The waters off Cape Hatteras are among the most treacherous in the world, earning the ominous nickname "The Graveyard of the Atlantic." Stretching along the Outer Banks of North Carolina, this region has claimed thousands of ships and countless lives over the centuries. The combination of shifting underwater sandbars, violent storms, and a meeting of powerful ocean currents creates a perfect storm of danger for mariners, making this stretch of coastline infamous for shipwrecks.
Several natural factors contribute to the lethal reputation of the Graveyard of the Atlantic:
Diamond Shoals: Extending up to 14 miles offshore from Cape Hatteras, the Diamond Shoals are a series of constantly shifting sandbars. These shoals are underwater deathtraps that can rip the hulls of ships apart or strand vessels, leaving them vulnerable to high winds and waves. Because the shoals change with tides and storms, they were nearly impossible to chart accurately for much of history.
Colliding Currents: Cape Hatteras is where the warm waters of the Gulf Stream collide with the cold waters of the Labrador Current. This confluence creates unpredictable seas, strong rip currents, and a phenomenon known as "rogue waves"—massive, sudden waves capable of capsizing ships.
Hurricanes and Nor’easters: The Outer Banks lie directly in the path of many Atlantic hurricanes and winter storms known as nor’easters. These powerful systems bring high winds, massive waves, and near-zero visibility, often catching ships off guard and driving them onto the shoals or into each other. Historians estimate that over 5,000 shipwrecks lie scattered along the Graveyard of the Atlantic, making it one of the largest collections of shipwrecks in the world. These wrecks range from wooden sailing ships of the colonial era to Civil War ironclads, World War II submarines, and modern steel-hulled freighters.
The USS Monitor: The famous Union ironclad from the Civil War sank off Cape Hatteras in 1862 during a violent storm. Its wreck was discovered in 1973 and is now a protected marine sanctuary.
The Carroll A. Deering: This mysterious five-masted schooner ran aground near Hatteras in 1921, with its crew completely missing. Its disappearance is one of the most enduring maritime mysteries in U.S. history, with theories ranging from piracy to paranormal activity.
World War II Shipwrecks: During World War II, German U-boats prowled the waters off the Outer Banks, sinking hundreds of Allied ships in what became known as the "Battle of the Atlantic." Cape Hatteras became a front line in the war, with oil tankers, cargo ships, and military vessels falling prey to U-boat attacks. The U-701, a German U-boat sunk by U.S. aircraft in 1942, remains one of the many wartime wrecks in the area.
While the Graveyard of the Atlantic is infamous for its shipwrecks, it is also a place of incredible heroism. The U.S. Lifesaving Service (the precursor to the Coast Guard) stationed crews along the Outer Banks to respond to emergencies. These lifesavers, often working in brutal conditions, became renowned for their courage.
One of the most dramatic rescues occurred during the wreck of the SS Mirlo in 1918. After the ship was torpedoed by a German U-boat, lifesavers braved flaming seas to pull survivors from the water. Their heroic efforts earned them the Gold Lifesaving Medal.
However, not all ships were so lucky. Many wrecks ended in tragedy, with entire crews lost to the sea. Survivors of these wrecks sometimes washed ashore on the Outer Banks, telling harrowing tales of storms, collisions, and desperate struggles against the ocean.
Today, the Graveyard of the Atlantic serves as both a historical treasure trove and a popular destination for divers and researchers. The shifting sands have preserved many of the shipwrecks, making them accessible for underwater exploration. The area is also home to the Graveyard of the Atlantic Museum in Hatteras, which showcases artifacts from shipwrecks, maritime history, and exhibits about the daring rescues performed by the U.S. Lifesaving Service.
For all its danger and mystery, the Graveyard of the Atlantic is a testament to the power of nature and the resilience of those who dared to face it. Whether through shipwrecks, ghostly legends, or heroic tales of survival, it continues to captivate and awe all who learn about it.
Nestled on the tranquil shores of Ocracoke Island in North Carolina, the Ocracoke Lighthouse was built in 1823, it is the second-oldest operating lighthouse in the United States and the oldest in North Carolina. Its unassuming whitewashed brick tower, only 75 feet tall, may lack the dramatic height of others like Cape Hatteras, but it has a charm all its own. Beyond its humble design, the lighthouse is steeped in history, maritime lore, and one of the Outer Banks' most intriguing legends: the story of Theodosia Burr Alston.
The Ocracoke Lighthouse was constructed to address the treacherous shoals and sandbars of Ocracoke Inlet, a critical passage for ships traveling to and from the busy ports of North Carolina in the early 19th century. The inlet was a key trade route, but shifting sands and shallow waters posed constant dangers to mariners. Completed in 1823, the lighthouse was constructed using bricks made from shell lime, and its walls are an impressive five feet thick at the base. Its light, originally powered by whale oil lamps, was visible up to 14 miles out to sea. Today, the Ocracoke Lighthouse is fully automated, and though it is not open for climbing, visitors flock to admire its serene beauty.
No story tied to the Ocracoke Lighthouse is more haunting than that of Theodosia Burr Alston, the daughter of Aaron Burr, the infamous U.S. Vice President who dueled Alexander Hamilton. Her life, like her father’s, was marked by scandal and tragedy, and her mysterious disappearance in 1813 remains one of the great unsolved mysteries of American history.
Theodosia was a brilliant and accomplished woman, known for her intelligence and charm. She married Joseph Alston, who became the governor of South Carolina, and the couple had a son. However, her life took a dark turn when her son died of malaria in 1812, leaving Theodosia grief-stricken. Shortly after, her father, Aaron Burr, was exiled from the United States following his trial for treason. Seeking solace, Theodosia planned a voyage to New York to reunite with him.
On December 31, 1812, Theodosia boarded the schooner Patriot in Charleston, South Carolina, bound for New York. The ship never arrived, and Theodosia was never seen again. Theories about her fate range from piracy to shipwreck, with many believing the Patriot fell victim to the treacherous waters of the Graveyard of the Atlantic near Ocracoke.
Legend has it that Theodosia’s spirit lingers near Ocracoke Island, searching for answers—or perhaps peace. One popular tale recounts the discovery of an elegant portrait of a woman in fine clothing found in a fisherman’s shack on Ocracoke Island in the mid-19th century. The portrait, believed by some to be of Theodosia, was said to have been recovered from a shipwreck near the island.
According to the story, the fisherman claimed the portrait washed ashore after a violent storm. When the portrait was shown to those who had known Theodosia, they reportedly identified it as her likeness. The painting eventually disappeared, leaving behind only the ghostly whispers of its existence.
Visitors to Ocracoke Island have also reported sightings of a woman in a flowing gown, believed to be Theodosia, wandering the beaches near the lighthouse on moonlit nights. Some say she calls out for her father or her lost child, her voice carried by the wind over the waves. The lighthouse, standing steadfast on the island, serves as a silent witness to these tales, its light a constant amidst the shifting sands of history and legend.
While Theodosia’s ghost remains a source of intrigue, the Ocracoke Lighthouse endures as a beloved landmark. It stands as a reminder of the island’s maritime heritage and the lives shaped by the sea. Visitors to the lighthouse often marvel at its simplicity and timeless beauty, capturing photos beneath its towering presence and imagining the countless ships it has guided safely to shore.
The Cape Lookout Lighthouse, located on the remote Core Banks of North Carolina’s Crystal Coast, has stood tall since 1859. This elegant black-and-white diamond-patterned tower, 163 feet high, is one of the few lighthouses in the United States with a unique daymark pattern—making it easily identifiable by mariners even during daylight hours. Beyond its role as a navigational aid, Cape Lookout is steeped in fascinating history, from the stories of its heroic keepers, like William Gaskill, to the enduring legend of the wild horses that roam its shores. Together, these tales weave a vivid tapestry of life, resilience, and natural beauty on the Core Banks. The lighthouse’s position marks the location of the unpredictable Lookout Shoals that extend over 12 miles into the sea. The original Cape Lookout Lighthouse, built in 1812, was deemed inadequate due to its short height and limited visibility. Its successor, the current lighthouse, was completed in 1859 with a first-order Fresnel lens capable of casting light nearly 20 miles out to sea. With this new beacon, the number of shipwrecks in the area began to decrease, though the lighthouse keepers remained ever vigilant.
One of the most celebrated keepers of the Cape Lookout Lighthouse was William Gaskill, whose unwavering dedication to his duty became legendary. Serving as keeper in the late 19th century, Gaskill’s life revolved around maintaining the light, even during the most challenging conditions. Cape Lookout's remote location made the keeper’s job incredibly demanding. Supplies were scarce, storms were frequent, and isolation was a constant companion. But Gaskill faced these challenges with remarkable resolve. He would climb the 216 steps to the top of the lighthouse multiple times a day, ensuring the light remained bright and the lens clean.
Gaskill is remembered for his role during a deadly hurricane in the 1890s. As the storm battered the Core Banks, Gaskill stayed at his post, keeping the light burning while waves pounded the shore and fierce winds rattled the lighthouse. His efforts saved the lives of countless sailors navigating the treacherous waters during the storm. His bravery epitomized the lighthouse keeper's motto: "You have to go out, but you don’t have to come back."
Just a short boat ride from Cape Lookout lies Shackleford Banks, home to one of the most fascinating features of the Cape Lookout area: the wild horses. These feral horses, known as the “Banker ponies,” have roamed the islands for centuries. Their origins are shrouded in mystery, but the most popular theory is that they are descendants of Spanish mustangs that survived shipwrecks off the coast during the 16th century. Some legends even tie their arrival to the explorations of Sir Walter Raleigh.
The horses have adapted remarkably to the harsh environment of the islands. They graze on sea oats, salt meadow cordgrass, and other vegetation, and they even drink fresh water from shallow pools formed by rain. Despite the challenges of their habitat, the herd thrives and has become a symbol of the untamed beauty of Cape Lookout.
Keeper William Gaskill, who was known for his deep connection to the natural world, reportedly admired the horses and marveled at their resilience. He would watch them from the lighthouse tower as they wandered the sandy dunes and salt marshes. Local lore even claims that Gaskill once helped free a horse that had become stuck in the thick mud of the marshlands during a storm, further cementing his reputation as a caretaker of both people and the environment. 1.
The Cape Lookout Lighthouse and its surroundings offer a glimpse into a world where human determination and the forces of nature collide. From the heroic efforts of Keeper William Gaskill during raging storms to the untamed spirit of the wild horses that gallop across the sands, the lighthouse is a beacon not only of safety but of the enduring connection between people and their environment.
For those who visit Cape Lookout, it’s impossible not to feel a sense of awe. Whether gazing up at the towering lighthouse, watching the wild horses roam freely, or imagining the solitary figure of William Gaskill tending the light, this corner of the Outer Banks holds stories that continue to inspire and captivate all who experience its magic.. 1.
The Oak Island Lighthouse, standing tall on the coast of North Carolina, has always been a marvel of engineering and history. Built in 1958, its striking design and functionality have made it a beloved landmark for locals and visitors alike. However, in recent years, the lighthouse has been at the center of an unexpected twist—a collaboration with NASA and a project involving towering ladders that could revolutionize how we think about space exploration.
Unlike traditional lighthouses with spiral staircases, the Oak Island Lighthouse features ship-like ladders to access its upper levels. These vertical ladders, reminiscent of those on tall sailing vessels, make the structure distinct. Climbing the 131 steps to the top is not for the faint of heart, but it offers breathtaking views of the Atlantic Ocean and the surrounding coastline.
The lighthouse's innovative design was intentional—it was built to withstand the harsh conditions of the Cape Fear region while also serving as a symbol of modern engineering. Over the decades, it has guided countless ships safely to shore and stood resilient against hurricanes and storms.
But what makes this lighthouse even more intriguing is its recent partnership with NASA.
In 2022, NASA announced a ground-breaking initiative called the "Lunar Ladder Project." The concept involved creating a space elevator—a tethered structure that could transport materials and astronauts between Earth and the Moon with unprecedented efficiency. While the idea of a space elevator had long been a topic of science fiction, advancements in materials science made the concept more plausible.
NASA identified several locations around the world as potential anchor points for the project. To everyone's surprise, the Oak Island Lighthouse was chosen as one of the sites for testing. Its sturdy foundation, remote location, and iconic ladders made it a prime candidate.
Under the cover of secrecy, engineers and scientists began retrofitting the lighthouse in early 2024. The iconic ladders were equipped with sensors and testing equipment to simulate the conditions of a space elevator. The lighthouse's light, which had once guided ships, was upgraded with highintensity lasers capable of communicating with orbiting satellites.
Locals were both fascinated and perplexed as the lighthouse took on a new role. Speculation ran wild—was Oak Island about to become the launchpad for humanity's next great leap?
In late 2024, NASA conducted its first test at Oak Island. A specially designed tether was anchored to the lighthouse, extending into the sky. A small robotic climber, resembling a cross between a spacecraft and a drone, ascended the tether, carrying scientific instruments. The test was a success, proving that the lighthouse could serve as a temporary anchor for larger-scale experiments.
This achievement drew international attention, turning the Oak Island Lighthouse into a a symbol of innovation. The partnership between NASA and the local community highlighted the blending of history and the future, with a lighthouse that had once guided sailors now guiding humanity's quest to explore the stars.
While the Lunar Ladder Project is still in its experimental stages, the Oak Island Lighthouse has already cemented its place in history. It stands as a testament to human ingenuity and adaptability, evolving from a maritime beacon to a cornerstone of space exploration.
For visitors, the lighthouse offers more than just a glimpse into the past—it provides a vision of the future. The ladders, once a functional necessity, now symbolize the literal and metaphorical steps humanity is taking toward the unknown.
As the sun sets over the Atlantic, the Oak Island Lighthouse continues to shine, its beam reaching far beyond the horizon. But for those who know its story, the light also points toward the stars, reminding us that even the most grounded structures can play a role in reaching for the heavens.
On the serene and secluded Bald Head Island stands one of the state’s most iconic landmarks—Bald Head Lighthouse. Known affectionately as "Old Baldy," it is North Carolina’s oldest standing lighthouse and a treasured symbol of maritime history. With its rich past, unique architecture, and breathtaking surroundings, Bald Head Lighthouse continues to captivate visitors and historians alike.
Built in 1817, Bald Head Lighthouse replaced an earlier wooden lighthouse that had been erected in 1794 but fell into disrepair. Constructed from bricks and covered with stucco, Old Baldy was designed to withstand the test of time and the harsh coastal elements. Its octagonal shape and mottled, weathered surface give it a rustic charm that stands in contrast to the sleek, modern lighthouses of today. Standing at 110 feet tall, the lighthouse was a critical guide for ships navigating the treacherous waters of the Cape Fear River and Frying Pan Shoals. The light's location at the confluence of the river and the Atlantic Ocean made it an essential aid to commerce and trade in the region.
Unlike many lighthouses that have been modernized or rebuilt, Old Baldy retains much of its original character. Its stuccoed exterior, now aged and cracked, gives the lighthouse a patchwork appearance that tells a story of resilience. The light itself, which once ran on whale oil and later kerosene, was decommissioned in 1935 and replaced by a more modern navigational system. Today, Old Baldy no longer serves as a working lighthouse, but its historical significance and visual appeal make it a beloved landmark. Visitors can climb the 108 wooden steps to the top for panoramic views of Bald Head Island, the Cape Fear River, and the surrounding marshlands.
Bald Head Lighthouse has witnessed nearly every chapter of North Carolina's coastal history. During the Civil War, Bald Head Island was fortified by Confederate troops, who used the lighthouse as a lookout point. Later, in the late 19th and early 20th centuries, the island became a haven for wealthy vacationers and a hub for shipping activity. In the 20th century, the advent of modern navigational aids and changing shipping routes reduced the need for lighthouses like Old Baldy. However, the lighthouse remained a poignant reminder of the region’s maritime heritage and was preserved as a historic site.
The lighthouse keepers were the heart and soul of Old Baldy. These men and their families lived in isolation on Bald Head Island, maintaining the light and ensuring it burned brightly through the darkest nights and fiercest storms. Their dedication was unwavering, even in the face of loneliness, harsh weather, and the challenges of frontier living. One of the earliest keepers, Henry Long, served during the 1820s. Long was known for his meticulous care of the lighthouse, ensuring the whale oil lamps were always filled and the lenses polished. His wife, Sarah, often assisted him, and their children grew up playing on the sandy shores and helping with daily chores. During the Civil War, keeper Oren D. Randolph witnessed dramatic changes. Bald Head Island was fortified by Confederate troops, and the lighthouse became a strategic lookout point. Randolph's role shifted from guiding sailors to aiding in wartime efforts. He and his family endured the upheaval, with the light extinguished for years to prevent Union ships from navigating the coast. Later keepers, like Captain Charlie Swan, became local legends. Swan, who served in the early 20th century, was a retired sailor who brought his love of the sea to his role as keeper. He often regaled visitors with tales of shipwrecks and rescues, embodying the spirit of the island's maritime history.
The Bald Head Lighthouse with its weathered exterior and rich history stand as a tribute to the men, women, and children who cared for it over the centuries. Visitors can climb the lighthouse steps, walk the sandy trails once traversed by keepers’ children, and imagine life on the island during a time when the light was a lifeline.
