July 26, 2012
Yet tucked away from the hustle bustle, is a lovely three bedroom condominium at Marshes Light. Spacious, this lovely top floor home overlooks the Marina to the south and views of Shallowbag Bay and Roanoke Sound to the southeast. Close enough to stroll to restaurants, theater and shopping, the sound-side boardwalk hugs the shoreline while providing a comfortable and picturesque walkway.
Marshes LIght Boardwalk
Perhaps the thing that speaks volumes, though, is the craftsmanship and quality of materials. You’ll notice the solid construction, the Hardi-Plank siding, the Andersen windows, the 10 1/2 ceiling heights, thoughtful use of space, transom windows above interior doors and in the kitchen, stainless appliances, granite countertops and natural maple cabinetry.
Built by Renaissance Construction
The recent TowneBank Red Nose Wine Festival has put Marshes Light on the map! To arrange for a tour, please contact Lee Whitley at 252-475-9863 or email lee@marsheslight.com. Price: $425,000.
Categories: Land Development, Marshes Light Marina, News, outer banks, Real Estate, Roanoke Island, Things to do, travel, Uncategorized.
Tags: condominiums, Family Reunions Outer Banks Summer Fun, manteo, marshes light new home community in historic manteo, outer banks, Outer Banks Real Estate, Roanoke Island, Walking Neighborhood in Small Coastal Town, watefront real estate, waterfront homes
March 14, 2012
I just listed a lovely sound-front condominium at Marshes Light, took this photo today from the covered deck.
Facing east onto Shallowbag Bay
The Marshes Light boardwalk is one of very few waterfront boardwalks on the Outer Banks. This wooden walkway is roughly 2 miles in length and stretches from the marina at Marshes Light through to downtown Manteo. I love this little corner of heaven:
Facing southeast towards the marina
Along the boardwalk in Manteo is one of my favorite eateries, Poor Richard’s. Great sandwiches, soups and specials in a cozy and casual atmosphere. Eat inside or out on the porch overlooking the marina and Festival Park.
Poor Richard's
Categories: Home & Garden, Land Development, marina, Marshes Light Marina, outer banks, Roanoke Island, travel, Uncategorized.
Tags: boating, Manteo Photos, Manteo Real Estate, marshes light new home community in historic manteo, Roanoke Island, watefront real estate
January 20, 2012
According to an article in today’s Outer Banks Voice, the Mid-Currituck Bridge is one step closer to reality.
“The final environmental impact statement has been released on a proposed toll bridge over the Currituck Sound that would stretch between the mainland and Corolla.
The N.C. Turnpike Authority plans for construction on the bridge to start before the end of 2012, with the span opening to traffic by 2017.”
NCDOT states that the Mid-Currituck Bridge will:
- Substantially improve traffic flow on NC 12 and US 158;
- Substantially reduce travel time for persons traveling between the Currituck County mainland and the Currituck County Outer Banks; and
- Substantially reduce hurricane clearance time for residents and visitors who use US 158 and NC 168 during a coastal evacuation.
For more information and history on the Mid-Currituck Bridge, visit www.ncdot.gov/projects/midcurrituckbridge.
ProjectMap
Categories: Environment, News, outer banks, Real Estate, travel.
Tags: boating, Corolla, Currituck Outer Banks, Manteo Real Estate, marshes light new home community in historic manteo, outer banks, watefront real estate
January 13, 2012
Renaissance Construction recently broke ground for the construction of a three bedroom home in Marshes Light on home site 7. This marks the fourth home in downtown Manteo’s newest neighborhood. Renaissance Construction is owned by Steve Daniels who is the Marshes Light preferred builder.
“I employ the best local craftsmen and personally oversee to be sure each home is well built in a timely and efficient manner.”
There are only a handful of home sites available at Marshes Light, and one or two will boast panoramic views of the Sound. Marshes Light is a unique location connected by a boardwalk to shops, restaurants, theater and Festival Park in downtown Manteo.
Categories: Home & Garden, Land Development, People of Interest, Real Estate, Roanoke Island, Uncategorized.
Tags: manteo, Manteo Real Estate, marshes light new home community in historic manteo, outer banks, Outer Banks Real Estate, Roanoke Island, watefront real estate
December 7, 2011
This is the architect’s rendering of Marshes Light in Manteo, NC. Retail shops and restaurants along the water, homes and condominiums nearby, and a bustling marina. This new community is located within walking distance on a soundside boardwalk to historic Manteo with a variety of dining, shopping and cultural activities.
Categories: Arts, Historic Architecture, Home & Garden, Land Development, marina, Marshes Light Marina, outer banks, Real Estate, Roanoke Island, Things to do, travel, Uncategorized.
Tags: manteo, marshes light new home community in historic manteo, outer banks, Roanoke Island, Walking Neighborhood in Small Coastal Town, watefront real estate
September 20, 2011
This article is reprinted with permission.
By Hugh “Scooter” Willey, Jr. (email: hughwilley
sunrealtync
com)
NC Real Estate Broker with Sun Realty of the Outer Banks
The real estate market has been a bruising one, for both pockets and egos, over the past several years. Yet, signs of stabilization are beginning to show in the Outer Banks Real Estate Market. Buyers are in all earnestness beginning to search for homes, sensing the “bottom” is near (or passed), inventory is down (good for sellers) and ‘bank owned” properties have slowed. It is also noteworthy that as a resort community the median sales price is increasing.
For those interested in the Outer Banks Real Estate Market, I have posted the following comparison of the first 8 months of 2011 to the first 8 months of 2010 (source: Outer Banks Association of Realtors MLS).
Overall Sales
| Total Property Sales |
|
2010 |
2011 |
Change |
| Residential |
919 |
923 |
* |
| Land |
167 |
201 |
+20% |
| Commercial |
11 |
15 |
+36% |
| Total |
1097 |
1137 |
+4% |
* Insignificant
Distressed Property Sales
| Distressed Property Sales |
|
2010 |
2011 |
Change |
| Potential Short Sale |
102 |
128 |
+25% |
| Bank Owned |
247 |
231 |
-7% |
| Total |
349 |
359 |
+3% |
Median Sale Price
| Median Sale Price |
|
2010 |
2011 |
Change |
| Single Family Residential |
$300,000 |
$343,154 |
+14% |
| Condo |
$199,000 |
$183,233 |
-8% |
| All Residential |
$269,900 |
$297,522 |
+11% |
Inventory
| Current Inventory |
|
2010 |
2011 |
Change |
| Residential |
2191 |
1849 |
-16% |
| Land |
1325 |
1146 |
-14% |
| Commercial |
124 |
147 |
+19% |
| Total |
3640 |
3142 |
-14% |
Categories: Home & Garden, Land Development, Real Estate, Uncategorized.
Tags: Manteo Real Estate, Nags Head, outer banks, outer banks condominiums, watefront real estate
July 27, 2011
Marshes Light Marina & Community
The Town of Manteo is known for its exceptional downtown waterfront, Victorian-inspired architecture and the large selection of bed and breakfasts in the Outer Banks. Situated on the eastern side of Roanoke Island, Manteo lies between the North Carolina mainland and the barrier islands of the Outer Banks along the Shallowbag Bay.
The town’s theme is decidedly nautical, with the daily weather reports coming in the form of flags flying from the Manteo Weather Tower. Beacons of light from the Roanoke Marshes Lighthouse still guide boats in safely, and charming shops and cafes line the city’s waterfront.
While the residents of Manteo embrace the modern charms of the seaside village, they are also keenly aware of the island’s historical importance. Over 420 years ago, a group of 117 men, women and children, with the blessing of Queen Elizabeth I, settled on the island. An ideal location for an English settlement because of its lush vegetation and mild climate, they established a colony only to subsequently disappear. “The Lost Colony,” as it has come to be known, today remains one of history’s biggest mysteries.
Three hundred years later, Union forces took control of the waters of northeastern North Carolina, and the groundwork of modern Manteo was laid when freed slaves lived and worked on the island. Nearly 4,000 freed slaves had become part of this ‘Freedman’s Colony’ until its official closing in 1867.
Today, the town’s tree-lined streets, shops, restaurants, fishing charters and bed and breakfasts reflect its history while keeping one foot firmly planted in the present as well.
Marshes Light
Close to history and close to the water, Marshes Light is a one-of-a-kind waterfront community located within walking distance of the shops and restaurants of historic downtown Manteo. The last opportunity for new construction within the historic district, Marshes Light includes homesites, single-family homes and marina villa homes in addition to a host of amenities including a 60-slip marina, all while reflecting Manteo’s unique character and charm.
Mayo Boddie, chairman of developer Boddie-Noell, pointed out, “I have always loved Manteo, and it’s why we decided to develop Marshes Light there. I own a condo there, I dock my boat there, and I love to spend time there, which is why I’ve been so passionate about Marshes Light and about connecting the community to historic downtown Manteo.”
(This article originally appeared in Ideal Living Magazine.)
Categories: Historic Architecture, Home & Garden, Land Development, marina, Marshes Light Marina, outer banks, Real Estate, Roanoke Island, travel, Uncategorized.
Tags: boating, manteo, manteo family fun, Manteo Real Estate, marina, marshes light new home community in historic manteo, Outer Banks Real Estate, Outer Banks things to do, Roanoke Island, sailing, Walking Neighborhood in Small Coastal Town, watefront real estate, waterfront homes
June 21, 2011
Charlotte Business Journal: NC Foreclosures down 38% year-over-year
Date: Thursday, June 16, 2011, 8:02am EDT
“Foreclosures on N.C. homes fell 38.3 percent in May from a year ago and were down 3.4 percent from April. Some 2,689 homes in North Carolina were in foreclosure proceedings in May, or one in every 1,584 households, according to RealtyTrac Inc. The state ranks 36th in the nation for the rate of filings, RealtyTrac says.
Foreclosures nationwide dropped 33.4 percent last month from May 2010 and dipped 1.98 percent from April. There were 214,927 filings last month across the nation, or one in every 605 households.”
WASHINGTON, Jun 16, 2011 8:30am EDT Reuters
by Lucia Mutikani, Editing by Andrea Ricci
“U.S. housing starts rose more than expected and permits for future construction touched a five month high in May, a government report showed on Thursday. The Commerce Department said housing starts rose 3.5 percent to a seasonally adjusted annual rate of 560,000 units, retracing almost half of April’s steep decline. Economists polled by Reuters had forecast housing starts rising to a 540,000-unit rate. Compared to May last year, residential construction was down 3.4 percent.
Last month, there was an increase in groundbreaking for both multi and single family homes. Starts in the West were the highest since August.
Multi-family home starts rose 2.9 percent. Single-family home construction, which accounts for a large portion of the market, rose 3.7 percent.”
The Wall Street Journal: He Says Maine. She Says Florida
How couples navigate one of the trickiest issues in retirement: where to live, by Kathleen A. Hughes.
It may be the trickiest and most troublesome issue couples face when approaching retirement: Where are you going to live?
The prospect of a new locale, of course, is enticing. Why not seize the moment and settle (finally!) in the destination of your dreams: the mountains, the beach, the city—even overseas. Baby boomers in particular, who begin turning 65 this year, seem ready to do just that.
The Wall Street Journal – Smart Money: A Bull Market in Rental Housing
By Annamaria Andriotis.
Five years into the real-estate bust, the market for single-family homes seems weaker than ever. According to the most recent S&P/Case-Shiller housing data, prices fell 3.3% nationwide in February from a year earlier.
The ongoing malaise, paradoxically, is only boosting the opportunities for investors in multiunit rental properties.
The days of buying and flipping a property for quick profit are long gone. But investors who purchase apartment buildings, perhaps as part of a retirement portfolio or estate plan, are seeing better deals now than at any time in the past decade, says Dan Fasulo, managing director at Real Capital Analytics, a real-estate research-and-consulting firm. On the cost side, housing prices are low and falling in many areas, while mortgage rates are near historic lows. On the income side, apartment rents are near all-time highs.
Categories: Real Estate, travel, Uncategorized.
Tags: Manteo Real Estate, marshes light new home community in historic manteo, Outer Banks Real Estate, watefront real estate
May 31, 2011
June 4, 2011 Noon until 5 p.m.
Categories: marina, Marshes Light Marina, outer banks, Real Estate, Roanoke Island, Things to do, travel, Uncategorized.
Tags: boating, Family Reunions Outer Banks Summer Fun, manteo, manteo family fun, marina, marinas in manteo NC, marshes light new home community in historic manteo, outer banks, Outer Banks things to do, Roanoke Island, sailing, watefront real estate
April 14, 2011
We’re in the process of outfitting our beloved Coors Cottage to be our new guest accommodations for Marshes Light. Previously, our guests enjoyed staying at the Marina Villas, in a three bedroom condominium. As a matter of fact, the last guests who stayed there, fell in love and immediately purchased it – hence the move.
Check out these adorable dishes that Mrs. C found in Hilton Head. They’ll work well with the white dishes and mugs I found at a local store.
The Coors Cottage will bring a new dimension to a visit at Marshes Light. A 2009 Parade of Homes winner, the Coors Cottage blends historical detail and craftsmanship of the past with an upscale, gourmet kitchen and an open and inviting floor plan.
How about a soak in the tub after a full day?
Located on stately Fernando Street, the Coors Cottage is just a short walk to downtown Manteo and quaint shops, restaurants, and Festival Park.
Categories: Arts, Historic Architecture, Home & Garden, outer banks, Real Estate, Roanoke Island, Things to do, travel, Uncategorized.
Tags: manteo, Manteo Real Estate, marshes light new home community in historic manteo, outer banks, Roanoke Island, Things to do, travel, Walking Neighborhood in Small Coastal Town, watefront real estate
February 12, 2011
WSR DIGITAL EDITION – Smart Money
February 11, 2011
Why You Should Buy That Home Now
Congress will ultimately decide whether Fannie and Freddie have a future, and whether the other changes could go into effect as soon as this fall. Here are the big three reasons (to obtain a mortgage now):
- Smaller mortgages
- Higher fees
- Bigger down payments
Read more: http://www.smartmoney.com/personal-finance/real-estate/why-you-should-buy-that-home-now-1297456803897/#ixzz1DmcBtY5i
WSR DIGITAL EDITION – Weekend Investor
February 12, 2011
The Great Customer Courtship
Banks Are Rolling Out New Incentives to Win Your Business. Here’s a Guide
Banks “need more cash on hand,” says Dan Geller, executive vice president at Market Rates Insight Inc., a San Anselmo, Calif., firm that tracks bank interest-rate data, “so they are intent on bringing in warm bodies.”
The current low-interest-rate environment is adding to banks’ sense of urgency. By bringing in customers now, banks are setting themselves up to profit when interest rates rise, by collecting the difference between the interest paid to depositors and the money they rake in from loans.
Read more: http://online.wsj.com/article/SB10001424052748703313304576132593769879956.html?mod=googlenews_wsj
This blog is made possible by Marshes Light, a new home community in the heart of historic downtown Manteo. Please visit our website at www.marsheslight.com or visit our new Sales & Welcome Center at the Marina – 301 Dartmoor Lane, Manteo.
Categories: outer banks, Real Estate, Roanoke Island, Uncategorized.
Tags: Manteo Real Estate, marshes light new home community in historic manteo, Mortgage News, outer banks, Outer Banks Real Estate, Real Estate, watefront real estate
February 9, 2011
THE WALL STREET JOURNAL ONLINE: Home Affordability Returns to Pre-Bubble Levels
“Based on incomes, this is as affordable as it gets,” said Mark Zandi, chief economist at Moody’s Analytics. “If you can get a loan, these are pretty good times to buy.”
INMAN NEWS: Real Estate Prices Fall for 5th Straight Month
“Despite the continued monthly decline in home prices and year-over-year depreciation, we’re encouraged that on an annual basis we’re unchanged relative to a year ago,” said CoreLogic Chief Economist Mark Fleming in a statement. “Excess supply continues to drive prices downward, but the silver lining is that the rate of decline is decelerating.”
MSNBC.COM: New U.S. home sales soared in December
Monthly gain raising cautious optimism for housing market recovery.
REALTOR.ORG: Real Estate Is as Affordable as it Gets
February 9, 2011 “Based on incomes, this is as affordable as it gets,” says the chief economist at Moody’s Analytics about purchasing a home in today’s market.
RISMEDIA: Economic and Housing Outlooks Brighten According to Fannie Mae Analysis Group
“Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011…”
Prices are stable at Marshes Light which were discounted almost 40 percent since original 2006 price structure on single family home sites and new condominiums.
Categories: Land Development, Marshes Light Marina, Real Estate, Roanoke Island, Uncategorized.
Tags: Manteo Real Estate, marshes light new home community in historic manteo, Outer Banks Real Estate, watefront real estate
January 10, 2011
In 1985 Kitty Hawk Land Company was purchased by BNE Land & Development, a subsidiary of Boddie-Noell Enterprises of Rocky Mount, NC. At the time, Kitty Hawk Land Company was the prominent land developer of the Outer Banks, creating enviable communities such as Southern Shores, SeaPines and WatersEdge.
Kitty Hawk Land Company with the backing of Boddie-Noell went on to develop The Currituck Club on the northern Outer Banks, Arlington Place in southeastern NC, Viniterra in New Kent, VA, and Marshes Light in Manteo.
I’ve known these people for well over 25 years and I’m proud to be a part of the BNE family! (Pictured above from left: David Powell (deceased), Nancy Knight, Doug Anderson, Judy Shaw, and Donna Reynolds.
Vision and Values:
BNE is a dynamic, modern and diverse company that adheres to good old-fashioned family values. Every person on our team is just that, a person, deserving of respect and constant positive reinforcement. So we work hard to foster a friendly work environment, where every member of the BNE family has the opportunity to grow and succeed.
We are a dynamic and diversified company in the restaurant and real estate development business:
- Based on family values
- Operated by the best people in the industry
- Focused on serving the ever-changing needs of our customers
- Enjoying every aspect of our success
Our six core values are evident in everything we do:
•RESPECT for individuals, communities and our environment.
•HONESTY at all times, regardless of circumstances and without fear of retribution.
•TRUST in others and ourselves. We fulfill our commitments and treat mistakes as an opportunity to learn and grow.
•EXCELLENCE in all we do, exceeding the expected and continuing to improve.
•TEAMWORK, or enthusiastically working together to accomplish more, together.
•DIVERSITY, to value each person’s unique ability to contribute. The strongest team is the one that recognizes individual talents and strengths among team members.
Categories: Land Development, outer banks, People of Interest, Roanoke Island, Uncategorized.
Tags: Boddie-Noell Enterprises, marshes light new home community in historic manteo, outer banks, Walking Neighborhood in Small Coastal Town, watefront real estate
November 21, 2010
We’ve been enjoying beautiful sunny weather on the Outer Banks this month, and this past Friday morning was no exception. We recently moved our Marshes Light sales office over to the new ship’s store at the Marina, and I’m getting used to my new digs. I noticed some unusual activity going on out on the docks; a couple of guys milling about with lines and hoses. One of them was wearing a strange coverall with a rubber hood and scuba mask, the other in jeans and a Nags Head sweatshirt. Our resident boater, Steve, was also nearby, overseeing the event.
Intrigued, I grabbed my camera and went outside. The coverall guy with hood was a professional diver, hired by Steve to find something boat-related that fell into the brink a while back. He was lowering himself into the water, attached to air tanks on deck by a good length of rope and hoses, and assisted by the Nags Head sweatshirt guy. He had a microphone, so he could converse with the guys on the dock as he explored the shallow depths of the marina basin. I mentioned to him to be on the lookout for vintage glass bottles as Marshes Light was a dairy farm about 100 years ago and there might be some interesing finds buried out in the muck. 
After a few minutes under water, the diver found what he was looking for and brought it up. Steve was thrilled, but I was a little disappointed that he didn’t find anything more exciting. I wondered how much the diver and assistant cost, compared to the value of the casing that they retrieved.
All in all, not a typical Friday at the office; but I sure am liking our new location at the marina!
Salvaged!
Categories: Fall Weather, Marshes Light Marina, outer banks, People of Interest, Roanoke Island, Things to do, Uncategorized.
Tags: boating, Boats, manteo, marinas in manteo NC, marshes light new home community in historic manteo, outer banks, watefront real estate
November 4, 2008
The Beach Road extended to Charlotte last weekend to visit family and friends. My first time to the city, although I’ve been to the airport passing through many times.
Charlotte is a very clean city and the changing of the leaves made it especially colorful. It’s rejuvenating to get off the beach for a few days, see big trees, old neighborhoods, shop and check out new restaurants.
Our travel time was just under 6 hours and that included a stop for lunch. Not bad at all –
Categories: Uncategorized.
Tags: Charlotte, Fall, leaves changing, travel, watefront real estate
September 7, 2008
I’ve been following some blogs lately and this question was posed at [http://www.AtHome@HouseHuntNews.com]. There were several choices listed including: lower interest rates, better neighborhood, finding a good deal, growing family, relocation, etc.
Marshes Light is such a unique community located along the water in an historic town in a resort area – Roanoke Sound, Manteo, and the Outer Banks, respectively. Folks have 
been coming to the Outer Banks for years and usually visit Manteo at least once during their visit here – that’s when they discover the laid-back charm and quieter lifestyle found on Roanoke Island and a relaxing break from the hustle bustle traffic on the beach.
So, join the discussion and post a comment. What would prompt you to buy in Marshes Light in today’s market?
Is it the lifestyle (boating, marina, shopping, cultural events)? Is it relocation (permanent or second home or retirement)? Is it the area (less than an day’s drive from family and friends in the northeast, proximity to the ocean and sound)?
Categories: Uncategorized.
Tags: boating, marina, Relocation, watefront real estate
July 26, 2008
On days like this, it’s easy to imagine living in coastal North Carolina. On the Outer Banks, Carolina Blue Skies and soft easterly breezes herald perfect weather to be outside. And what better weather for the Roanoke Island Maritime Museum’s 5th Annual One Design Regatta featuring Optimist, 420, Sunfish – adult and youth and Laser.
We were a major sponsor for this year’s race by providing food for the participants from High Cotton BBQ of Kitty Hawk, NC. Check out their menu at http://www.highcottonbbq.com/. High Cotton is famous in Eastern North Carolina for their pulled pork barbeque, brunswick stew and cornbread, to name a few.
In the News: http://www.marsheslight.com/news_releases/july2008.htm.
Christopher Cross must have been thinking of days like this on Roanoke Island when he composed:
It’s not far down to paradise
At least it’s not for me
And
if the wind is right you can sail away
And find tranquility
The canvas
can do miracles
Just you wait and see
Believe me
Categories: Uncategorized.
Tags: bbq, food, sailing, watefront real estate
