River Place - New Luxury Waterfront Condos Break Ground on the Cape Fear River
Last month we had the chance to observe bulldozers clearing the site of River Place, a new luxury condominium project overlooking the Cape Fear River. It couldn’t be more perfectly located. Historic Wilmington North Carolina borders the waterways of the sprawling 202-mile long Cape Fear River.
One can sense the area is full of energy and has quickly become the spot for home shoppers of all ages to migrate to live for an ideal cosmopolitan urban existence with the opportunity to romp on pristine white beaches, only 30 minutes away. Add a thriving economy, southern hospitality, rich culture, affordability and college vibe and one will quickly understand why this coastal city has become the go to spot in North Carolina.
River view condos in downtown Wilmington are the hottest selling properties right now. In fact most of the condos at River Place are already sold! The walkability factor is one of the top selling features, the ability to stroll blocks of the National Historic District bordered by the captivating Cape Fear River. Not only are there some exquisite eateries and micro breweries, there is an art district, live music venues, an excellent farmer’s market and the world-famous River Walk.
Residents will likely include an eclectic collection of college students, artists, entrepreneurs, and age-defying Boomers looking for the ultimate lifestyle. Cobblestone streets lined with Spanish-moss draped trees, antebellum architecture blended with modern makes this waterfront downtown extremely appealing. When the vision for River Place was created, they knew, “build and they will come”, and they have. These are one of the rare Wilmington NC waterfront condo projects found on the Cape Fear River.
In the early 1600’s, the Cape Fear River was the channel that allowed a free-flowing economic resource for merchants to establish trade and get goods needed from the easy access to the Atlantic Ocean. That historic beginning has since flourished and the city is alive with growth and opportunity. Because of the prosperity created by the abundance of seafaring trades and Fortune 500 companies established in North Carolina, the need for quality housing emerged and River Place answered the call.
In addition to the downtown scene, residents of River Place can enjoy the fact that the Atlantic Ocean is only 30 minutes away. We can’t say enough about how important the nearby barrier islands are to the region. Pristine beaches are found at Carolina Beach, Kure Beach, Wrightsville Beach and Oak Island offer surfing, fishing, sail boarding, water-skiing and great sunsets. There are awesome seafood restaurants, tiki bars, water sports, beachfront festivals and endless activities on the white sandy beaches.
When it comes to architectural design, River Place is exquisite. Every detail that has gone into designing these Wilmington NC waterfront condos is stellar. The property is built between Grace and Chestnut Streets with the frontage on North Water Street. There are 58 spectacular units at 240 North Water Street. The floor plans range from 1066 to 1704 square feet and offer exceptional views of the Cape Fear River. Inside the condos the kitchens feature state-of-the-art stainless-steel appliances, quartz countertops and a choice of hardwood, carpet or tile flooring with open bright living spaces. To complement riverfront Wilmington living, balconies provide the ideal spot to enjoy a glorious sunset while sipping a glass of wine or a cup of java in the early morning. Attention to creating the perfect living space has made River Place distinctive. The seventh floor provides easy access to the exclusive roof top pool terrace as well as the fully equipped fitness center. The prices range from $397,500 for a one bedroom plus den and 1.5 baths to $586,000 for a two bedroom.
In addition to 240 North Water Street, there are 34 residences located at the 10 Grace Street address. The floor plans offered here range from 583 to 971 feet. The condos here reflect the same stringent standards and impeccable design that sets River Place apart. Open living spaces with custom kitchens, living and dining areas, the interiors are pristine and provide prestigious river view condos in downtown Wilmington. Several units have amazing views of the Cape Fear River and the rooftop pool and fitness center are enviable amenities.
Residents will love the fact they are within minutes of fine dining, shopping and entertainment and the Riverwalk making this premier condo development one of fastest selling in the marketplace. Prices for the one bedroom plus den start at $327,500 and a two-bedroom condo sells for $459,500.
River Place comes complete with a Concierge Desk and a warm and welcoming lobby where residents can feel at home after walking through the front doors. Mingling with neighbors at the rooftop pool terrace is a luxury that comes complete with a hot tub, fire pit seating and breath-taking views of the Cape Fear River. The Club Room, adjacent to the lobby, is another place to gather with fellow residents and guests. Complete with lounge chairs, work stations and a billiards room, this cozy addition is the ideal refuge after a day at work. Whether it is a game of pool, or just sharing cocktails with friends, the River Place was a well thought out design that insures residents enjoy the finest things life has to offer living riverfront Wilmington. Healthy living has always been the theme of the vibrant community that calls Wilmington home.
More about places to walk and things to do - The Riverfront Farmers Market is nearby for residents of River Place. This open-air market is a great resource for buying fresh regional produce, local seafood, home-baked goods and artwork of all kinds. This popular shopping spot is open every Saturday from 8am to 1pm (rain or shine) and runs through November 17th. The market is located on the first block of North Water Street and vendors line the streets from Market to Princess. This is a popular place for locals to gather and find some incredible regional cuisine while enjoying the entertainment that makes this city come alive.
Another popular draw downtown is the Riverwalk that runs parallel to the Cape Fear River. This mile- long wooden boardwalk is lined with restaurants, spectacular waterfront views and is the ideal place to jog along the scenic pathway. The Riverwalk is easily accessed from connecting side streets and provides a great resource to access outdoor recreation. Kayaking and paddle boarding are popular pastimes and provides some great exercise while touring the waterways. Fishing is also fun and provides the perfect way to destress and catch some healthy and delicious food. Outdoor waterfront eateries are succulent with regional fresh seafood, refreshing cocktails and live entertainment is nonstop at this 24/7 free boardwalk that embraces the town. The options are endless when it comes to enjoying coastal living in North Carolina.
When in comes to cultural and artistic enrichment, Wilmington offers it all. There are over 40 art galleries downtown, the Cameron Art Museum with monthly displays from new artists, and The Bellamy Mansion of History and Design Art which features rotating art exhibits and community events. There are also annual art festivals that draws inspiring artists worldwide. The Cape Fear Jazz Society has an active membership of over 200 members and contributes to providing exceptional jazz performances throughout the city. The Thalian Center for Performing Arts established in 1858 is known as one of the best in the country and provides over 400 events annually. The center offers a variety of shows that run throughout the year. Ballet, theatre, musical concerts from all genres, foreign films festivals, recitals, fundraisers are all events that make the Thalian Center recognized countrywide. There are also many independent theatres and performing art companies lending to the plethora of arts and culture that thrives in Wilmington. It is no surprise that Wilmington NC has been named one of the 100 Best Art Towns in America.
Home shoppers looking for waterfront urban living can find it at River Place. Contact our trusted colleague right away. Bill Boyer of Intracoastal Realty can help you secure your new riverfront condo in Wilmington.
Contact Bill Boyer of Intracoastal Realty directly at 910-262-5414.