Coastal Vol. II 2023

PORTFOLIO OF FINE PROPERTIES COASTAL NORTH CAROLINA WILMINGTON | CHARLOTTE | LAKE NORMAN | MOORESVILLE/NORTH SHORE ASHEVILLE | HIGHLANDS CASHIERS

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COOLING MARKET CONDITIONS STILL HAVEN'T MET PRE-COVID CONDITIONS Limited inventory and volatile interest rates remained relevant factors in the 2nd quarter ’s market trends. The Wrightsville Beach, Landfall, and Wilmington markets continue to experience high demand and high sell-through, particularly in the $500k-$1m and $1m-$2m markets. The most recent reports show June’s inflation was just 3%, the lowest pace in more than two years, while the Dow Jones Industrial remained relatively consistent throughout the quarter despite a sharper dip in the second half of May. Interestingly, interest rates have plateaued in the 6.5-7% range for now and consumers seem to have adjusted albeit with less demand in the lower more interest rate sensitive ranges.

most price segments displaying under 90 days of inventory, or healthy conditions. While some price decreases are beginning to bubble up, many of these are occurring with properties that came to market at historically high price points as much as 20% above trailing comps, and thus decreases may not reflect a decline of sold values so much as just a lessening of appreciation.

These results are similar to what is happening elsewhere in North Carolina. Financial markets continue to see levels that are three times greater than ten years ago, and luxury real estate continues to not only remain a stable investment, but one in which owners have multiple options in the case of At the conclusion of the second quarter, many of the secondary and investment properties. key markets represented in this report have more active inventory than pending transactions. In most price segments, this represents a re-balancing of the market to what are still solid conditions, with Regards,

Ryan Faro-Teague Broker-in-Charge 704-999-1327

Reed Jackson

Managing Partner 704-713-3623

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REACH THE WORLD'S LEADING COLLECTORS OF FINE ART & EXCLUSIVE PROPERTIES

Upcoming Christie's Art Auctions SEPTEMBER 22-OCTOBER 5 Latin American Art Online - New York

OCTOBER 17 Antiquities Live - New York

NOVEMBER 6 Rare Watches Live - Geneva

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DECEMBER 1 Finest & Rarest Wines Live - London

NOVEMBER 30-DECEMBER 12 Handbags Online - New York

For more upcoming Christie's Art Auctions: Christie's.com/Calendar or scan the QR Code below

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AIRLIE GARDENS

HISTORIC AIRLIE GARDENS HOME 6612 Spring Garden Drive | $4.1 M | MLS 100400593 Rasa Love | 910-547-5068

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Southern elegance and charm await the new owner of this incredible home located in Corbett Place at Airlie with private deeded boat slips.

Nestled among the historical live oaks, this southern gem offers huge sprawling porches that flank the home. The rear porches face the southwest for evenings enjoying magnificent sunsets on Bradley Creek.

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SOLD

WRIGHTSVILLE BEACH

HISTORIC WATERFRONT BEACH HOUSE 523 Lumina Avenue S. | $4.4 M | MLS 100357743 Happy Clark | 917-533-5411

Located in the sought after 500 block of Wrightsville Beach's South Lumina Avenue, this classic ocean front cottage offers a 1,000 square feet of deep wrap around porches to capture the unobstructed ocean views. The five bedroom, 3 bath residence offers an open floor plan with over 2800 square feet of historic charm and hardwood floors.

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SOLD

WILMINGTON

BOATER'S PARADISE 808 Inlet View Drive | $2.9 M | MLS 100376728 Donna Waller | 919-369-2407 Jeff Waller | 508-353-7282

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Welcome to a waterfront oasis! This boater's paradise offers a 20,000 lb boat lift for your vessel. Inside, a newly renovated gourmet kitchen awaits with top-of-the-line appliances along with sophisticated and modern interiors. With deep water access to the Intracoastal, indulge in endless water adventures. A coastal dream come true.

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WILMINGTON

MODERN NEW CONSTRUCTION 143 Rogersville Road | $1.2 M | MLS 100402924 Marshall Pickett | 910-619-8710 Jacki Hedgecock | 919-777-3831

Welcome to this stunning home boasting an array of impressive features. Situated just minutes away from Wrightsville Beach, this home offers the perfect coastal living experience. With an open floor plan, a huge unfinished bonus room, and a spacious and well-designed kitchen, this home is the perfect blend of style and practicality.

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SOLD

LANDFALL

BEAUTIFUL GOLF-COURSE RETREAT 2301 Ocean Ridge Place | $1.55 M | MLS 100379003 Marshall Pickett | 910-619-8710 Britt Allen | 828-450-8166

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Inspired by travels to Normandy and nestled on the Jack Nicklaus course, this is the first time this home has been offered for sale. Custom in every way, the timeless finishes are as relevant today as they were during construction. The owner's suite features a sitting area, fireplace, large closet, and bathroom featuring a soaking tub and radiant heated floors.

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CHARLOTTE & LAKE NORMAN REGION $4 M

$7.899 M

$3,999,999

LAKE NORMAN | SHERRILLS FORD

CHARLOTTE | GREENWOOD

LAKE NORMAN | MOORESVILLE

Nicole Leininger | 704-450-6280 Mike Feehley | 704-799-5233

Liza Caminiti | 704-526-6695

Patti Mikita | 704-361-5738

8451 Ridgewood Road

8371 Providence Road

305 Barber Loop

704.655.0586 | IvesterJackson.com | 21025 Catawba Avenue #101 Cornelius, NC 28031 IJCoastal.com

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SOLD

LANDFALL

OUTDOOR OASIS 1524 Black Chestnut Drive | $1.435 M | MLS 100382976 Marshall Pickett | 910-619-8710 Britt Allen | 828-450-8166

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Coastal elegance abounds in this bright and sunny home nestled on the 5th green of the Nicklaus Pines course. The open concept seamlessly blends kitchen, dining, and gathering spaces. The backyard oasis features al fresco dining, a summer kitchen, and pool with stunning golf course and pond sunset views.

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PENDING

LANDFALL

PRIVATE, GATED CUSTOM-BUILT HOME 7217 Prince Albert Court | $1.189 M | MLS 100390917 Jacki Hedgecock | 919-777-3831

Step inside this Coleman Fine Homes property in Landfall, offering a blend of luxury, functionality, and craftsmanship. The backyard features turf & a putting green. A rarity in Wilmington, this home also has a fully finished basement with walk-out patio and two owner suites.

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SOLD

LANDFALL

MODERN COASTAL LIVING 2216 Deepwood Drive | $1.2 M | MLS 100356412 Marshall Pickett | 910-619-8710

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This elegant brick home boasts a coastal interior design and is newly renovated. The first floor features include a gourmet kitchen with a large island, formal dining room, office, living room, laundry room, guest bathroom, and sun room. Other features include two fireplaces, and outdoor patio, plus a circle driveway in front.

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PENDING

CORNELIUS

LAKESIDE RETREAT

20361 Enclave Oaks Court | $2.195 M | MLS 4015660 Liz Miller | 704-962-0018

Perched atop 1.6+/- acres of Lake Norman shoreline, this custom one-owner home offers complete serenity, privacy & mountain-like waterfront living!

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Introducing Christie's in Highlands Cashiers

ASHEVILLE & HIGHLANDS CASHIERS REGION $3.685 M

$8.95 M

$9.9 M

ASHEVILLE | BLUE RIDGE

HIGHLANDS | SCALY MOUNTAIN

ASHEVILLE | TOWN MOUNTAIN

Ellen Browne McGuire | 828-551-7027

Steve Castellaw | 828-482-5022

Stacey Klimchuk | 828-777-3152 Damian Hall | 864-561-7942

465 Lynn Cove Road

747 McConnell Road

39 Sunset Summit

IJBProperties.com | 828-367-9001 | 18 S. Pack Square Asheville, NC 28801

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SOLD

HAMPSTEAD

WATERFRONT OASIS 1205 Kings Landing Road | $1.9 M | MLS 100385328 Donna Waller | 919-369-2407 Jeff Waller | 508-353-7282

SOLD

Fully renovated, this home features a boat dock with lifts and a wet slip. Enjoy outdoor living with a custom saltwater pool, spa, and panoramic views.

The chef 's kitchen, open floor plan, and luxurious primary suite add elegance. While the two bonus rooms above the garage offer versatility.

CASWELL BEACH

DREAMY WATERFRONT LIVING 716 Alyssum Avenue | $1.7 M | MLS 100371785 Quentin Jones | 336-740-4102 | Sold Representing Buyer

With an unbelievable view of the marsh and intracoastal waterway, pool, hot tub, and also a private dock with a 20,000 lb lift, this home is the ultimate coastal paradise. A short walk or golf cart ride will take you right to the beach.

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PENDING

WILMINGTON

CUSTOM CREEK FRONT HOME WITH DOCK 1017 Creekside Lane | $1.45 M | MLS 100393186 Lois Potratz | 910-264-5291

This beautiful, custom designed home is tucked away on Futch Creek. Everything about this property speaks to nature, from the wooded setting on a large private lot and the dock where egrets land. This home was designed for gracious living while still letting the natural environment in.

DOWNTOWN WILMINGTON

TIMELESS HISTORIC DOWNTOWN HOME 1801 Chestnut Street | $1.2 M | MLS 100387391 Jane Fleury | 910-264-2912

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The home is registered with the Historic Wilmington Foundation and crafted to embody the seamless union of Southern charm and refined opulence. Including a newly constructed one bedroom garage apartment by the renowned design and build firm Tongue & Groove.

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SOLD

WILMINGTON

PRIVATE CREEK FRONT HOME ON 2 ACRES 626 Creekwood Road | $1.015 M | MLS 100378351 Buyer's Agent: Lois Potratz | 910-264-5291

PENDING

Located on a quiet gravel road within a stones throw to Wilmington, this home is an incredible find!

Creekfront with a private dock and situated on 2 + acres, this property offers a respite from city life while having easy access to every amenity.

LANDFALL

LUXURY NEW CONSTRUCTION 1900 London Lane | $1.495 M | MLS 100352402 Jacki Hedgecock | 919-777-3831

This home is the epitome of elegance and comfort.

With four bedrooms and custom high end finishes, this contemporary-inspired property offers the quintessential Southern coastal lifestyle in Landfall.

IJCoastal.com

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SOLD

LANDFALL

MEDITERRANEAN DREAM 1612 Landfall Drive | $1.33 M | MLS 100386434 Jane Fleury | 910-264-2912 | Sold Representing Buyer

SOLD

LANDFALL

EXCLUSIVE MODERN COASTAL HOME 1871 Senova Trace | $1.175 M | MLS 100373054 Jacki Hedgecock | 919-777-3831

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Located on one of Landfall's most picturesque tree lined streets, just steps from the Dye Clubhouse, this stately hard-coat stucco Mediterranean home has been completely and tastefully updated. Featuring your own dipping pool and patio lounge area located off of the owner's suite.

This practically new construction, four bedroom, coastal home showcases extensive millwork, shiplap, plantation shutters and an elevator. Featuring an open floor plan with upgraded flooring, coffered ceiling detail, & modern fireplace with custom mantle.

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SOLD

LANDFALL

TUCKED AWAY TREASURE 2006 Bay Gull Court | $840,000 | MLS 100351603 Lois Potratz | 910-264-5291 | Sold Representing Buyer

SOLD

This Landfall home is a real find. Tucked away off of Landfall Drive with Intracoastal views just outside the front door, this home offers the best of coastal living with access to Wrightsville Beach, Mayfaire, and easy access to the best of Wilmington!

LANDFALL

WATERFRONT LOT 1400 Landfall Drive | $575,000 | MLS 100376019 Marshall Pickett | 910-619-8710 Britt Allen | 828-450-8166

A rare opportunity to create a masterpiece in Landfall, one of the Southeast's premier gated communities. Perfectly situated on the 9th fairway of the Pete Dye designed golf course, and across the street from the Intracoastal Waterway.

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An Unrivaled Global Connection

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INTERNATIONAL SPOTLIGHT

SPAIN

Forci is a one-of-a-kind penthouse that will not leave you indifferent. Located in one of the most wanted areas in Ibiza, Es Pouet, this penthouse will make your life in Ibiza even more special. A big colorful terrace full of plants, with a large dining area is the perfect space to watch Talamanca Beach.

A MODERN WORK OF ART Forci | Paseo Juan Carlos, Num 23 Local 6 | €3.8 M Sandra Tejero | +34 971 931 562 Sandra@EstelaExclusiveHomes.com

MONTANA

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BEST SKI-IN/SKI-OUT ACCESS IN THE WESTERN US 27 Cowboy Heaven Spur Road | $17 M | MLS 379193 Jackie Miller | 406-539-5003

21 This end-of-the-road home perched on a ridgeline in Moonlight Basin provides unsurpassed privacy and the best ski-in/ski-out access in the western US. This custom Durfeld log home is meticulously nestled on 2.42 acres in an old-growth forest. Near Yellowstone National Park.

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ITALY

LUXURY VILLA WITH MOUNTAIN VIEWS Haslachstrasse Tirolo, South Tyrol, 39019 Italy | €7 M Dr. Alexander Benedetti | +39 0473 236613

In an idyllic location in Dorf Tirol, the modern luxury villa is being built with a unique panoramic view and infinity pool. The natural hillside location and a glass facade is conducive to enjoying every ray of sunshine and a breathtaking view over the city of Merano, the Burgraviate and the entire Etsch Valley.

LOS ANGELES

MODERN BEL AIR ESTATE 1859 Bel Air Road | $65 M Aaron Kirman | 310-994-9512

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Perfection, in its highest form. 1859 Bel Air Road, a sublime estate seven years in the making. Set behind gates atop famed Bel Air road with far-reaching views of the surrounding canyons, nearby Stone Canyon Reservoir and the ocean beyond.

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SOLD

WRIGHTSVILLE BEACH

INTRACOASTAL PARADISE 428 Causeway Drive | $1.5 M | MLS 100345677 Lois Potratz | 910-264-5291 | Sold Representing Buyer

Offering breathtaking views of the marina and the Intracoastal Waterway, dock with boat lift, plus kayak launch, renovated kitchen and baths, fireplace, and parking for four vehicles. Extra large covered back deck perfect for end of day gatherings while enjoying the sunset over the water!

CAROLINA BEACH

NOT WATERFRONT. #1 UNDER CONTRACT, #2 AVAILABLE

HOME BY THE SEA 1210 Mackerel Lane 1 & 2 | $1.62 M | MLS 100347983 Jill Oakley | 336-456-6077 Lori Ivester Jackson | 704-996-5686

Location is everything with this stunning 'Home By the Sea'. The builder's exceptional attention to detail include elevator, custom details, the choice between gas stove and electric, granite counter tops and custom cabinets.

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SOLD

CAROLINA BEACH

BOATER'S PARADISE 111 Florida Avenue Unit 8 | $519,000 | MLS 100378641 Jacki Hedgecock | 919-777-3831

SOLD

SHALLOTTE

BREATHTAKING LOT 4417 Brantley Circle SW 7 | $950,000 | MLS 100392597 Rasa Love | 910-547-5068

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This waterfront investment property is located in the desirable Carolina Beach and boasts stunning ocean and sound views. This fully furnished condo comes with a deeded water rights and 30’ deepwater boat slip.

Featuring access to the Intracoastal Waterway, the Shallotte River, the Shallotte Inlet and the Atlantic Ocean. Offering marsh and beach views of both Holden and Ocean Isle with a pier, gazebo and dock facilities already installed.

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SOLD

CORNELIUS

SIGNIFICANT SALE IN CORNELIUS 18212 Pompano Place | $3.55 M | MLS 4030222 Kris Kjeldsen | 704-572-0338

SOLD

This stunning Lake Norman property is a true oasis, boasting an impressive 430’ of private shoreline with breathtaking views. The main home and equally impressive guest house are situated on this unique cul-de-sac lot, complete with a 2-story boat slip and lifts.

DENVER

RECENTLY CLOSED IN DENVER 8101 Deep Water Lane | $1.325 M | MLS 4028326 Kris Kjeldsen | 704-572-0338

Welcome to your new waterfront oasis! The 2-story great room and open floor plan welcome you as you enter, leading to a screened-in porch perfect for enjoying your private backyard with mature hardwoods & waterfront views. With gas fire pit and a rejuvenating hot tub.

IJCoastal.com

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CAROLINA BEACH

CAROLINA BEACH

PENDING

OCEAN VIEW RETREAT

MODERN COASTAL NEW BUILD

1502 Canal Drive | $1.7 M | MLS 100387824

609 Monroe Avenue | $1.2 | MLS 100381112

Donna Waller | 919-369-2407

Tracy Pray Bradshaw | 336-906-0943

Jeff Waller | 508-353-7282

RIVERLIGHTS

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PENDING

TOPSAIL BEACH

MODERN WATERFRONT HOME

BEACH-SIDE BLISS

4837 Waves Pointe | $558,000 | MLS 100390417

1655 New River Inlet Road | $1.5 M | MLS 100369964

Kathy Merlo | 704-650-6464

Donna Waller | 919-369-2407 Jeff Waller | 508-353-7282

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SOLD

LANDFALL

LANDFALL

COUNTRY CLUB COTTAGE

COASTAL CHARM

1840 Odyssey Drive | $825,000 | MLS 100385313

1321 Regatta Drive | $1.035 M | MLS 100401359

Donna Waller | 919-369-2407

Donna Waller | 919-369-2407

Jeff Waller | 508-353-7282

Jeff Waller | 508-353-7282

LOOKING FOR A

NEW PODCAST? Catch up on all things real estate, including: • Asheville, Charlotte & Lake Norman forecasts • Exclusive interviews with our agents, clients, • Affiliated offices & industry professionals • Real estate marketing ideas & strategies Find us by searching CAROLINAS LUXURY REAL ESTATE on Spotify, Apple Podcasts or iHeart Radio

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DONNA WALLER

Broker | Realtor

919-369-2407 Donna@IJCoastal.com IJCoastal.com

508-353-7282 Jeff@IJCoastal.com IJCoastal.com

Donna is a seasoned real estate professional with years of experience in the industry. In 2020, Donna's husband, Jeff, joined her in the real estate business. The dynamic duo is known for their exceptional work in the coastal area which has earned them several awards and recognitions, such as the Cape Fear Top Producer 's and Master's Circle. They are always up-to-date on the latest market trends and industry news, and they are skilled negotiators who help clients obtain the best possible deal. As a result of their expertise, professionalism, and commitment to clients, they are highly respected and sought-after real estate agents in the industry.

LOIS POTRATZ

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JEFF WALLER

Broker | Realtor

After a successful 35-year career in golf, Jeff joined his wife Donna in real estate. Together, they offer expertise, prioritize client's needs, and excel in negotiations. Their deep understanding of the North Carolina coast, combined with their passion for making clients' dreams a reality, ensures that clients receive valuable insights, guidance, and patience every step of the way. Whether they are listing a residence or helping a family find their perfect home, they put their clients first. With Donna's unmatched customer service and Jeff 's past sales and marketing experience, they have quickly become one of the top real estate teams up and down the coast of North Carolina.

Broker | Director of Corporate Relocation

MARSHALL PICKETT

910-264-5291 Lois@IJCoastal.com IJCoastal.com

910-619-8710 Marshall@IJCoastal.com IJCoastal.com

As a top agent, Lois Williams Potratz is ranked among the top 2% of real estate brokers in the country. A multi-million dollar producer, she has been a premier agent since her start in real estate in 2003. When listing a property Lois is very “hands on”, working closely with her team of stagers, photographers, marketing and more to make sure that the property is showcased to its best advantage. Her affiliation with Ivester Jackson | Christies International Real Estate takes this to a whole new level. As a buyer ’s agent, Lois takes great pride in truly understanding the buyer’s needs and wants and will go to great lengths to find not just the perfect house, but the perfect home. In addition to her general real estate business, Lois serves as Relocation Director for Ivester Jackson. Lois understands what it takes to adjust to a new city and lifestyle and provides detailed information to her relocation clients that extends beyond real estate. If you ask Lois what her greatest accomplishment has been she will tell you that it is the long-term relationships she has developed and maintained with her clients, her referral partners, and other agents.

Broker | Realtor

Marshall Pickett is an experienced broker in Wilmington, NC with Ivester Jackson Coastal & Christie’s International Real Estate. His “out of the box” thinking has propelled his success, with over $34 M in closing and contracts over the last 12 months. While Marshall knows Wrightsville Beach and the greater Landfall area well, he also is involved in downtown real estate. Over the past 12 months he has represented buyers for the Iconic Graystone Inn, Front Street Inn, and the Verandas (historic four diamond boutique bed and breakfast).

He is part owner of the Graystone which is undergoing an extensive multi-million-dollar renovation, and slated to open Summer of 2022. Marshall has a second passion: golf. Marshall and his wife love Landfall. They enjoy spending time with their dog Dudley and boating with their in-laws on the Intracoastal Waterway. Marshall always finds time for Golfing with his real estate clients!

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JACKI HEDGECOCK

RYAN FARO-TEAGUE

Broker | Realtor

Broker In Charge

919-777-3831 Jacki@IJCoastal.com JackiHedgecock.com

704-999-1327 Ryan@IJCoastal.com IJCoastal.com

With a Marketing Degree from the UNC-Wilmington, an MBA from NC State University, and ten years corporate sales and product management experience, Jacki Hedgecock has the acumen required to navigate this ever-changing and dynamic coastal real estate market. Aligned with the world’s leading luxury brand, Christie’s International Real Estate, Jacki is uniquely equipped to provide the very best in real estate marketing.

Prior to moving to Wilmington, Jacki became a broker in the RaleighDurham market and achieved accolades as the leading volume producer at a 100+ agent firm. Her experience is geared toward providing clients with a strategy that combines knowledge and negotiation to achieve clear expectations. Jacki sets herself apart with unparalleled work ethic, honesty, and communication.

Ryan Faro-Teague is originally from New York City and has skill sets in the real estate business that are enriched by cultural influence and experience rooted within the hospitality industry.

As a former hotelier, Ryan has an inherent passion for cultivating an elevated experience for his clients that always surpasses the expectations of even the most discerning clientele.

Ryan has a proven track record in residential real estate, representing buyers, sellers and investors in resale and new construction markets.

His negotiation style and thorough understanding of license law, contracts and marketing all contribute to a unique flare in the way he conducts business.

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CONTACT OUR ELITE AGENTS FOR EXPERT ADVICE

BRITT ALLEN

828-450-8166

RYAN FARO-TEAGUE

704-999-1327

QUENTIN JONES

336-740-4102

JILL OAKLEY

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336-456-6077

NICK CARNEVALE

908-752-3023

MIKE FEEHLEY

704-799-5233

KRIS KJELDSEN

HAPPY CLARK

CALEB COURTNEY

828-406-3161

704-560-7201

JANE FLEURY

JACKI HEDGECOCK

LORI IVESTER JACKSON

917-533-5411

910-264-2912

RASA LOVE

704-572-0338

910-547-5068

AMY OSTROWER

MARSHALL PICKETT

818-468-0900

910-619-8710

919-777-3831

LOUISE MAYER

SUSAN DOLAN

704-996-5686

KATHY MERLO

631-882-7064

704-650-6464

LOIS POTRATZ

THOM POTRATZ

910-294-5291

910-352-2541

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TRACY PRAY BRADSHAW ELENA PROYDAKOVA VAHUE

336-906-0943

MISSY SMITH

910-262-3967

GINA RABASSI

704-989-6398

910-333-2915

MOLLY WADE

DONNA WALLER

704-905-8380

919-369-2407

MIA RABASSI

910-459-0265

CHRISTIE RAJU

252-241-0765

JEFF WALLER

508-353-7282

IJCoastal.com

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W ILMIN GTON | C HA R LOT T E | L A K E N O R MA N | MO O R E SV I L L E | AS H E V I L L E | H I G H L A NDS

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