Oceanfront property values are a major economic driver in our region. It doesn’t take an economist to understand why: The oceanfront owner enjoys private views and direct access to the beauty of the ocean and beaches, as well as all other private property rights. That leads to higher prices for oceanfront property, which helps fund other sectors of the economy.
This past November, the N.C. Court of Appeals ruled that the privately owned “dry sand beach” (in front of your beachfront property) is subject to “public trust” rights that allow “enhanced public access” to that beach area.
Translating from legalese, this means that unless the case is overturned by the N.C. Supreme Court, as an oceanfront propert ownery:
Sweyer Property Management Announces New CEO
Staff Reports
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Aug 15, 2022
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Several Wilmington-area Businesses Land On Inc. 5000 List
Johanna F. Still
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Aug 16, 2022
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Wrightsville Beach Mainstay To Unveil New Look And Menu
Jenny Callison
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Aug 17, 2022
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CIL Capital Taps Former Airport Authority Chair As Chief Strategy Officer
Staff Reports
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Aug 16, 2022
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New Pizzeria Opens On Oleander Drive
Justin Williams Pope
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Aug 17, 2022
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With a background in banking and technology and an interest in breweries, Natalie Waggett, and a team of Wilmington locals, have started...
Wanting to conserve an area’s natural beauty is one thing; doing something about it is another, much more complicated task, conservationists...
Three cousins. One glorious trip to a storied pizzeria in Naples. One American entrepreneurial journey....
The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.