Figure 8 Island stands as North Carolina's most exclusive private island renowned for its seclusion, prestige, and extraordinary coastal beauty. This four-bedroom, three-bathroom oceanfront residence sits on zero point six one acres of pristine beachfront and is uniquely grandfathered into a setback that places it slightly ahead of its neighbors, capturing sweeping, unobstructed ocean views from its wraparound decks. A comprehensive survey completed in July 2025 confirmed that the dune line remains strong and the First Stable Line of Vegetation has not shifted, verifying that the lot retains full buildability and ample space for a future home. Preliminary architectural drawings by Kersting Architecture for a four thousand nine hundred square foot custom build further showcase the site's potential. Protected by high, wide dunes ensuring excellent storm resilience and bordered by Homeowners Association-owned conservation land across the street, the property enjoys exceptional privacy and enduring natural beauty. The existing home features dual garages, a guest suite on the lower level, and a bright, open main living area upstairs with panoramic ocean vistas, a spacious kitchen, and three additional bedrooms. With recent new-construction sales on Beach Road South closing at twelve point five million dollars and thirteen point nine million dollars, this property presents tremendous upside for those seeking to design and build a premier coastal estate. Buyers may also apply for membership at the exclusive Figure 8 Island Yacht Club, where the current owner holds a founding membership. Enjoy, renovate or rebuild one hundred thirty-eight Beach Road South represents an unmatched opportunity to invest in lifestyle, privacy, and long-term appreciation on one of the East Coast's most coveted shorelines.