To best understand what is happening with the NC Coastal Resource Commission and the Oceanfront Setback rules in the currently non-conforming areas of Emerald Isle, take a look at the most recent Emerald Tidings report in the Island Review for September.
Much of eastern Emerald Isle oceanfront could be affected if this ruling is revised. This could result in the ability to reconstruct up to 2000 sq feet structures in the unfortnuate event of a disaster damaging in excess of 50% of a currently existing structure in this area. Should this ruling be changed, it could mean significant appreciation of properties in the current non-conforming areas.
Emerald Isle is on record as supporting this change to the rules, removing the static vegetation line and allowing reconstruction that meets specific guidelines. For additional info visit nccoastalmanagement.net and keep tuned to our blog and the Emerald Tidings report for further updates.
This could be a great time to buy in the ocean front area between Indian Beach and the Pier Pointe condominiums.
Interested in seeing what is for sale in this area? Contact me and I'll give you an update of ocean front properties for sale. There are some fantastic properties for sale, great rental income and prices starting in the low 4's.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment