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Old 08-30-2013, 01:09 PM
1 posts, read 3,281 times
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I went to Sunset Beach, NC this summer and saw a gate indicating a Palm Cove development on the east end of the island. Asked around and went on-line but can't find any info about status. Bankrupt? There appear to be lots for sale but nothing happening. Anyone know where I can find out the 411 on Palm Cove on Sunset Beach, NC? Thanks!
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Old 08-30-2013, 02:57 PM
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I saw that property back in '06 I think. Didn't think much more about it as it was undeveloped.
Doing a quick search it looks like the original developer tried to sell off the lots (there are 10 one acre lots and 1 five acre lot).
It looks like the whole 15 acres was sold to another developer who is now marketing this-
Palm Cove at Sunset Beach

They are trying to do pre-construction sales for these properties to be time shares.
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Old 05-03-2014, 09:15 AM
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It seems that there is a dispute about the property lines in the development. I'm not sure how many developers are involved now.It doesn't look like land that can be safely insured to me. It is beautiful.
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Old 03-15-2015, 09:49 PM
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Anybody who has lived on or visited Sunset Beach for years knows how unstable that point it. Sadly you can look across to Ocean Isle and see the beach erosion going on and the homeowners trying to save their property. Can remember a hurricane coming through years ago and opening a channel from the ocean to the inlet. It's beautiful for sure but not worth the risk that the homeowner would take on.
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Old 07-14-2015, 12:35 AM
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who would know? There is total silence from all involved including the many developers with their hand in the till, and the few landowners there... meanwhile that end of the island is, as expected, everchanging and seemingly unstable for home building, yet there is talk of putting septic back on that end of the island (East) as well as the West End. No one is saying anything so I guess that means Sammy Varnum and Greg Gore, et al, got what they wanted ... more development ... the never ending quest for more more more ...
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