Bald Head Island Real Estate: A Look Back and Ahead
Posted on January 28, 2019
On Bald Head Island we have a few expressions. One is, “Relax. You’re on turtle time.” Another is “Summer is a state of mind.” Lately, with winter weather gripping most of the country, flu season kicking into high gear, and the government shutdown dragging on, we can’t help but daydream of warmer weather and easing tensions. Summer will, as they say, “be here before you know it.” In that spirit of optimism and anticipation, we wanted to reflect back on 2018, with its challenges and achievements, but more importantly look ahead to the exciting real estate opportunities 2019 presents.
In the fall of last year, we were proud to announce the promotion of Ken Mowbray from Sales Manager to Sales Director for Bald Head Island Limited. Ken has worked for the company since 2002, and his vast knowledge of the island and its real estate offerings have made for a seamless management transition both for Limited’s customers and employees. During the first eight months of 2018, Bald Head Island was on pace to have its best real estate sales year in recent memory. Despite a slow fourth quarter due to Hurricane Florence’s mid-September arrival, islandwide real estate sales volume ended the year at almost 90% of the volume seen in the prior year.
Since the storm, Bald Head Island continues to show its resiliency and capacity to regenerate. Numerous homes listed for sale were pulled off the market this fall for needed repairs, and much work is still underway. As renovations to homes are completed, we expect spring and summer to be busy listing seasons, with upgraded properties marrying favorably with pent-up consumer demand. Along with reinvestment by individual owners to improve their properties, the Bald Head Island Club is set to unveil an incredible Aquatics Complex and oceanview restaurant, Horizons, this spring. The Club’s new amenity promises to be a hub for families to gather together and represents a forwarding-looking move by the Club Board to provide an exceptional experience for members and their guests. With so much investment in the island’s infrastructure and properties, it’s easy to be optimistic about real estate sales in 2019.
On the development front, construction in the Southern Living Inspired Community continues at a steady pace, with more plans slated for release this year. Additionally, a new Southern Living Inspired Home in the neighborhood will open for public tours this fall in Cape Fear Station. Many folks have been asking when the next Roast & Toast on the Coast, our three-day Southern Living Inspired Event weekend, will take place. We’ve already started planning for the best event yet, so save the date November 8-10. Our food, beverage and entertainment lineup will follow soon.
Finally, be sure to mark your calendar for Saturday, April 20 during Easter Weekend for an Open House at the Bald Head Island Limited Real Estate Sales office. We’ll be serving wine, beer and appetizers and be available to answer any questions you may have about island real estate in a fun and relaxed setting (details to follow soon). In the meantime, we invite you to view a comprehensive database of all island properties for sale, stop by our office at 4 Marina Wynd near the ferry landing, or simply email us at firstname.lastname@example.org or call us at 800-888-3707. We look forward to answering your questions and sharing our “summer state of mind” with you.