Located adjacent to Seapath Towers, this unique property named, The Gilstrap Estate was built by one of Wrightsville Beach’s most wellknown developers, Don Gilstrap (1924-2015). The Gilstrap family developed Dune Ridge, Cordgrass Bay, Cordgrass Estates, Seapath and many other notable Wrightsville Beach properties. The Gilstrap Estate at 324 Causeway was built as the Gilstrap’s personal home in 1985 and remained in the family until July of 2018. The home’s most distinct feature is its oneof-a-kind yacht garage which created one heck of a rooftop deck above that spans some 2,000 square feet overlooking Seapath Towers, it’s marina and the entire Wrightsville Beach Intercoastal Waterway.
The massive yacht garage is made of concrete and constructed using bridge-like construction methods. It’s where the Gilstrap’s parked their 72-foot Hatteras yacht.
Today the Gilstrap Estate is breathing new life following a year-long renovation. Michael Hinderliter remembers seeing the estate when he was a kid. He’s now its new owner and has given it a new name: Captain’s Deck
“My uncle had a boat at Seapath and I always remembered that house and that patio overlooking the Intercoastal. It was really amazing,” says Michael Hinderliter of Durham, who purchased the estate in June of 2018 as an investment property.
“When it came onto the market, I had my eye on it at the right time. I kind of had a vision of how it could be used more effectively, become more modernized and so I was able to make it happen,” he says.
Hinderliter hired Daryl Rosenbaum, of Design Results, to turn the dark, dated 80s-built landmark into an airy, contemporary, coastal escape, able to comfortably sleep around 20 and entertain far more.
“Immediately I saw the potential for a much larger kitchen if we tore down the walls. Then when I walked out onto the deck, I envisioned shade sails, teak furniture and simple nautical blues,” says Rosenbaum. “I had to work within the existing footprint but it had good bones.”
All interior walls on the top kitchen floor came down, oversized cedar closets were ripped out, and the floorplan was re-configured to double the number of bedrooms and bathrooms. All new flooring, doors, trim, cabinets, fixtures and quartz countertops were installed and a simple palette of coastal colors complete the breathtaking transformation.
As one experiences the effect of each room, a subdued palette and the view take center stage as opposed to extraneous decor and detail.
“It was important to me, not to make it look like someone’s grandmother’s beach house. The crisp, contemporary yet comfortable style, in furnishings and detail reflect a younger property owner’s tastes and style” says Rosenbaum.
The rec room has a pool table and wet bar, the ground floor has a hot tub and sauna and each king suite has its own bar and a shared balcony.
Hinderliter plans to use the home with his family as well as rent it out to vacationers.
“It’s just the most perfect vacation rental for large family gatherings, great for a celebration of some sort with the entire family under one roof. There’s something for everyone and it has a great spot to park your boat to take trips to Masonboro Island for the day,” says Michael Otelsberg of Century 21 Sweyer & Associates, who sold the property to Hinderliter.
Captain’s Deck is now listed for weekly rentals by Bryant Real Estate.