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$13.9M Wrightsville Beach Home Still For Sale, But Withdrawn From Auction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Withdrawn from an auction that was scheduled for Dec. 9, the home at 1 Auditorium Circle in Wrightsville Beach is still for sale for $13.9 million.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
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors
Untitleddesign5

The Impact of a Growth Mindset

John Monahan - Vistage
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...

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