Print
Real Estate - Residential

$13.9M Wrightsville Beach Home Still For Sale, But Withdrawn From Auction

By Cece Nunn, posted Dec 14, 2022
Withdrawn from an auction that was scheduled for Dec. 9, the home at 1 Auditorium Circle in Wrightsville Beach is still for sale for $13.9 million. (File photo)

The seller of a Wrightville Beach home, now listed for nearly $14 million, withdrew the house from an auction that had been set to begin Dec. 9.

The custom-built, 8,600-square-foot house at 1 Auditorium Circle, off Causeway Drive between the Intracoastal Waterway and the Atlantic Ocean, is listed by Wilmington-based Landmark Sotheby's International Realty and was going to be auctioned off through Sotheby's Concierge Auctions.

One of the owners, Chris Parker, who is founder and principal engineer of the Parker Group, has said the house was built in 2019 to withstand a Category 5 hurricane, incorporating 170 tons of structured steel and 167 concrete bridge pilings.

Nick Phillips, founder and principal broker of Landmark Sotheby's, said the decision to withdraw the house from the auction was a personal one for the seller. He said the current list price remains at $13.9 million.

"We had a strong field of bidders registered," Phillips said Wednesday.

A representative of Sotheby's Concierge Auctions said in an email, "In cooperation with listing agents Nick Phillips and Sam Crittenden of Landmark Sotheby’s International Realty, the auction of 1 Auditorium Circle generated over 750 global prospects, over 20 qualified showings, more than 29,000 webpage views, and 6 registered bidders in 37 days. Prior to bidding opening, the seller ultimately elected their right to withdraw the property from auction. It remains on the market and is available for offers."

The four-bedroom house, which has four full and two half bathrooms, was designed by Parker and the late Wilmington architect Michael Kersting.

The appraised value of the house, according to New Hanover County tax records, is nearly $9.7 million.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Cfss headshots parker robert webversion 21422121214

Duke Energy Will Pay You Up to $9,000 to Go Solar with a Battery

Robert Parker - Cape Fear Solar Systems
Katrina 262543331

Resolve to Get to Know Good Shepherd in 2025: A Year of Transformative Change

Katrina Knight - Good Shepherd Center
Untitleddesign13 162533932

Buying Your First Business: Insights for First-Time Business Buyers

Tully Ryan - Murphy Business Sales

Trending News

Commercial Real Estate Firm Expands Into Wilmington

Emma Dill - Feb 11, 2025

MedNorth Breaks Ground On Clinic Expansion

Emma Dill - Feb 10, 2025

UNCW Business School Grads Launching App

Cece Nunn - Feb 10, 2025

WMPO Board Re-elects Officers

Staff Reports - Feb 11, 2025

Endowment Announces New Roles, Research And Impact Department

Staff Reports - Feb 11, 2025

In The Current Issue

Homebuilder Finds Room To Grow Here

“It’s not a huge market, but it’s not a small market either. There’s enough room for us to have a presence.”...


Pirate-inspired Bar Perseveres

Early on, thirsty welders, pipefitters and sailors from the nearby North Carolina Shipbuilding Company found cold beer – and wartime solace....


City (and Former City) Properties Performing New Functions

The Thalian Hall space is one of several properties vacated by the city in recent years, following the move to Skyline Center. While the cit...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season