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1 Dogwood Ridge Road
Bald Head Island, NC 28461
Wendy Wilmot with Wendy Wilmot Properties, original listing - (910) 470-0000
$3,375,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 1
Property Type
Conventional
Square ft
3396 Square Feet
Property Description
Overlooking Bald Head's estuary, with views of the Atlantic, this 6BR, 6.5BA reverse floorplan's warm hardwoods lead to a comfortable TV/living area across from a dinette. Wake to treats from the nearby coffee station with wet bar and mini fridge. Down the hall, a sunlit Queen suite grants marsh perspectives, accesses a screened porch housing a ping pong table and furnishes an ensuite BA. Next door, a bunk room also bestows BHI Creek scenes and uses the hall bath with tub. Nearby, a large, bright Twin suite, cornered by windows, harbors another full bath. Down the hall, a sundrenched corner Queen suite brings the outdoors in with its three sides of windows and indulges with a private bath. A laundry finishes this level. Upstairs, the natural light-filled, vaulted open floor plan showcases estuary panoramas and ocean vistas through its wall of French doors. The spacious wainscoted living area is anchored by a gas fireplace and opens to both a covered outdoor conversation space and a sunny lounging and dining deck. Savor alfresco meals observing egrets and watching the waves. Or dine at the elegant indoor table with places for ten and four more at the adjacent breakfast bar. The gourmet kitchen boasts yards of granite bar space, butcher block counters, stainless appliances and an oversize walk-in pantry. On each end of this floor is a Primary suite. The first tenders an ante chamber that can be closed off from the bedroom-proffering an additional gathering spot for all or closed to become a private sitting area. This sunlit Primary Queen shares marsh tableaus from three sides and a pampering bath with a sunken tub, benched shower and double vanity. The Primary King spotlights estuary and ocean prospects, accesses the covered deck and has a private full bath. Located on exclusive Middle Island, this well cared for, tastefully appointed sanctuary boasts a great rental history and conveys with three carts. Club memberships are available for separate purchase.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1992
MLS Number
--
Location
Address
1 Dogwood Ridge Road
City
Bald Head Island
State
NC
Zip Code
28461
County
BRUNSWICK
Listing
Name
Phone
(910) 470-0000
Office Name
Office Phone
(910) 470-0000
Agent Name
Wendy Wilmot
Agency Phone
(910) 470-0000

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.