What is the estimated value of 8 beach rd?

The estimated home value for 8 beach rd is approximately $7,816,000, with a likely range between $7,034,400 and $8,597,600.

How much equity is in 8 beach rd?

Based on our calculations, the estimated equity for 8 beach rd is $3,605,789.

What are the capital gains tax implications for selling 8 beach rd?

The estimated capital gain on the sale of 8 beach rd is $2,104,000. Depending on filing status, you may be eligible for a Section 121 exclusion.

What would net proceeds be from selling 8 beach rd?

After estimated commissions, closing costs, and mortgage payoff, the net proceeds from selling 8 beach rd are estimated to be $2,706,949.

8 Beach Rd, S Wilmington, NC 28411

List Price

Our Estimate: $7,816,000

ZZillow Zestimate: $8,672,500

Valuation Comparison

Our Estimate

$7,816,000

Range: $7,034,400 - $8,597,600

Zillow Zestimate®View on Zillow

$8,672,500

Range: $6,851,275 - $10,927,350

30-Day Trend

+$106,733(1.2%)

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

5Beds

7Baths

3,808SqFt

1993Built

AI Property Analysis

Nestled at 8 Beach Rd S in Wilmington, NC, this impressive two-story residence, built in 1993, has undergone significant enhancements, boasting an effective year built of 2022, suggesting a comprehensively modernized and updated home. Spanning a generous 3,808 square feet of living space, the property features a remarkable five bedrooms and an extraordinary total of seven full and two half bathrooms, providing ample space and luxury for residents and guests alike. This makes it an ideal setting for lavish entertaining or comfortable living for a large family. The property sits on a substantial 0.57-acre lot, offering a private and expansive outdoor environment. Its prestigious location is underscored by the legal description, indicating it is part of Figure Eight Island, a renowned private and exclusive coastal community. Zoned R-20S (Residential Single Family), the parcel ensures the preservation of its upscale residential character. This combination of a meticulously updated home, a spacious lot, and its highly sought-after Figure Eight Island address positions it as a truly unique and desirable coastal retreat with significant long-term appeal.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain

$2,104,000

Based on estimated value of $7,816,000 minus purchase price of $5,712,000

✅ You likely qualify! You've owned this home for 4.9 years (minimum 2 years required).

⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

Single Filer

Up to $250K Exclusion

Protected Amount:$250,000

Capital Gains Rate:20%

Potential Tax Savings:$50,000

Remaining taxable gain: $1,854,000

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$500,000

Capital Gains Rate:20%

Potential Tax Savings:$100,000

Remaining taxable gain: $1,604,000

Tax Liability Comparison

* This analysis is purely an estimate based on assumed 20% capital gains rates and available public data. We are not tax professionals. Please consult a licensed CPA to verify your exact eligibility and tax implications.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$2,706,949

Equity Breakdown

Cost to Build Today$856,800

Investor Quick-Sale Est.$5,064,768

Monthly Rental Est.$31,264/mo

Your Appreciation Story

Your Annual Return6.6%Compound growth rate

Historical Average3.5%Long-term US average

Above-Average Growth+$1,058,215Growth above historical 3.5% baseline

Your home has appreciated at 6.6% per year — well above the historical average of 3.5%. This extraordinary growth was driven by recent market conditions that are unlikely to repeat. Understanding this context is key to making smart decisions about your equity.

What Could Your Equity Do?

If you sold today and invested your $2,706,949 equity in the S&P 500, in 10 years it could grow to $7,021,129 — compared to an estimated $6,815,029 in total equity by staying in the home.

The Hidden Cost of Holding

Insurance (0.4% est)$2,605/mo

Maintenance (1% est)$6,513/mo

Opportunity Cost (5% est)$11,279/mo

Total Monthly Holding Cost$20,398/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $20,398/month to hold — including $11,279/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp

☀️ Warm

Steady appreciation and consistent buyer interest suggest a balanced market favoring sellers.

Your Neighborhood

Welcome to Figure Eight Island, a truly unparalleled private island community in Wilmington, NC, known for its pristine beaches, luxurious homes, and an exclusive, relaxed coastal lifestyle. Residents here enjoy unparalleled privacy, access to world-class amenities within the island, and benefit from the esteemed New Hanover County Schools district, all within a close-knit yet discreet community that values serenity and natural beauty. The current market in this highly sought-after enclave continues to reflect strong demand for premium properties, making it an excellent time for homeowners who appreciate enduring value and a distinctive coastal living experience.

Market Trend Predictions

1 Year Forecast$8,211,772Range: $8M - $8.3M

3 Year Forecast$9,064,451Range: $8.3M - $9.5M

5 Year Forecast$10,005,670Range: $8.6M - $10.8M

Estimated Monthly Equity Gain

+$32,981/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

☀️Market Outlook & Sell Window

Good conditions — consider listing in the next 6-12 months

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.

Report Generated By

Buddy Blake

Buddy Blake Real Estate

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