Pleasure Island Real Estate

Information, news, and resources for buying and selling real estate in Carolina Beach and Kure Beach on the North Carolina Coast.

Oct. 4, 2017

Fall Events in Carolina Beach

Even though the busy summer season is behind us, that doesn't mean we Pleasure Islanders stay inside for the rest of the year! On the contrary; autumn means cooler weather, fewer crowds and a whole lot of fun in Carolina Beach and the surrounding communities. Take a look at some of the awesome fall events coming up and mark your calendars!

Pleasure Island Seafood, Blues & Jazz Festival

  • October 14 -15, 2017
  • Fort Fisher Military Recreation Area
  • Tickets Required
  • No Coolers or Pets Allowed
  • More Information

Enjoy two stages of jazz and blues entertainment along with delicious locally prepared seafood at the Pleasure Island Seafood, Blues & Jazz Festival! The family-friendly event will be held at the Fort Fisher Military Recreation Area on October 14 and 15 2017 with doors opening at 11 am both days of the festival. Two-day admission costs $50 if purchased in advance and $60 the day of the event. Attend Sunday, October 15 only and pay $35. Kids 12 and under get in free! 

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Sept. 18, 2017

Things to Consider Before Buying a Beach House

beach house

Buying a beach house is exciting, fulfilling and can be a great investment! While a beach house can be used as a rental property to increase cash flow and build overall wealth, it can also contribute to the owners' happiness by providing a home away from home, a peaceful primary residence, or a fun place to spend your retirement years. 

No matter how you plan to use it, one thing's for sure: buying a beach house is a little different than buying a typical home. In today's post, I'll briefly touch on a few key points to keep in mind when considering the purchase of a beach house.

 

1. Insurance is probably going to be higher.

In just about every scenario, a beach house will likely cost more to insure than your typical home. This can be for a variety of reasons, including the close proximity to water, the fact that it's a second home or vacation home, the fact that you're renting it out to other vacationers, if it's part of an HOA, etc. Don't let this discourage you! Just be prepared and take these costs into consideration when crunching the numbers.

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July 17, 2017

Pleasure Island Real Estate & Community Snapshot

Carolina Beach and Kure Beach, two lovely towns in Southeastern North Carolina, make up the community collectively known as Pleasure Island. Within these small surf-side hamlets you'll find friendly people, fascinating history, a variety of locally-owned businesses, countless opportunities for fun and recreation, and last but not least, some of the best real estate in the coastal Carolinas. 

Not Just Tourist Towns

As a top vacation destination, Pleasure Island is popular among investors and those seeking to parlay a real estate purchase into increased cash flow. Testament to this is the commonplace practice of area condo communities offering their own summertime vacation rental programs.

Then again, Pleasure Island is also the year-round home to many permanent residents. Churches, schools, grocery stores and pharmacies show that Kure Beach and Carolina Beach are more than just "tourist towns" where you have to drive to the mainland for day-to-day necessities. On the contrary; Pleasure Island is a community where permanent residents and visitors coexist with everything they need nearby, and enjoy a shared love for the lifestyle that is unique to southeastern beach communities. 

All the Fun and Conveniences Without Leaving the Island

Whether you want to hike through a state park, take a yoga class, do research at a library, get a haircut, take your dog to the vet, visit a local brewery, or simply sunbathe on the beach, you can do all those things and more right here without ever leaving the island! This is a large part of what makes the Carolina Beach/Kure Beach area such a great place to invest in.

Types of Homes in the Carolina Beach Area

From traditional brick ranches to vintage cottages to upscale condos, you'll find a variety of home types throughout these beach towns. If there's a specific type of home you're looking for, use the "Property Type" check boxes on the Advanced Search page to narrow your results.

Median Home Prices

According to our data (last updated June 2017), the median list price for homes in Kure Beach is $454,500. This represents an 18.7% increase since June 2016, which tells us home values are on a solid rise! If you've been on the fence about investing in Kure Beach, now may be the time to come find your vacation home, retirement home or permanent residence!

As for the median sale price, Kure Beach homes are at $500,000. With a median sale price that is higher than the median list price, you can safely assume that demand is getting higher for homes in this area and it wouldn't be unheard of to see homes selling for above asking price.

In Carolina Beach, the median list price is $341,200 while the median sale price is $287,900.

Keep in mind, median home prices are meant to provide industry professionals as well as consumers an idea of what homes are worth in certain areas; however, they may not necessarily reflect the true value of a specific home. Also, please note that median home prices change as each home is sold. For the most accurate and up-to-date real estate price for a specific property, please contact me at (910) 368-1507.