WilmingtonBiz Magazine - 2022 Residential Real Estate

Page 9

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THE DIGEST

PARADISE FOUND

The seven-bedroom beachfront home at 704 Shoals Watch Way on Bald Head Island sold in 2021 for $6.15 million, one of four residential real estate transactions of $6 million or more that closed last year. “Everything about that house is just kind of a picture-perfect ideal of a beachfront property,” said Stephanie Blake, a Realtor with Intracoastal Realty Corp., who was the listing agent. In all, 558 dwellings priced at $1 million or more changed hands last year in New Hanover, Brunswick and Pender counties, and as a result, the tri-county luxury residential real estate market experienced its best year ever, according to a report compiled by Wilmington-based Just For Buyers Realty from the N.C. Regional Multiple Listing Service. photo c/o Intracoastal Realty Corp.

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