Man Converting Light Tower To Bed And Breakfast

A man plans to turn an abandoned light tower off the North Carolina coast into a high-seas bed-and-breakfast.

The Charlotte Observer reported Thursday that 50-year-old Richard Neal of Mint Hill bought the Frying Pan Shoals Light Tower in a federal government auction in May for $85,000. The deal was completed Wednesday.

Neal plans to turn the 44-year-old former U.S. Coast Guard post into a bed-and-breakfast. The tower is 25 miles from Wilmington and is more than 60 feet above the water. It has seven bedrooms, a kitchen, a recreation room and helicopter landing platform. The tower was built in 1966 and was deactivated in 2003.

Neal wants to open next summer.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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  • by coolchange Location: Kinston on Aug 27, 2010 at 04:57 PM
    Honestly, ya'll need to google this subject. The deal fell through, the price was going to be $515,000, if I'm not mistaken. Noone could go to it to check the condition before bidding and the guy who had the highest bid wasn't comfortable with that. Of course he lost the $5,000 he paid to have the opportunity to bid. They are contacting the next highest bidder to see if he wants it now.
  • by Dave Location: Grimesland on Aug 27, 2010 at 01:42 PM
    where do we sign up?
  • by Sam Location: Kitty Hawk on Aug 27, 2010 at 07:24 AM
    This will sure get some profit. I'd love to take my wife and us have a few friends to come here for a weekend and stay here. I can only imagine the amount of fishing and partying that all of us can do out there.
  • by Anonymous on Aug 26, 2010 at 07:38 PM
    It's not going to be cheap to update and bring back to code by any means, but the new owner has a good plan that shouldn't be too hard to accomplish considering the location of the property. They did have a very comprehensive report from the USCG on the condition of the tower along with pictures and needed procedures to make the tower usable again. and it's a pretty long list. All in all it will be a huge asset to offshore fishermen in the area if for no other reason than the plan to put a cell phone repeater tower on it for easier communications.
  • by T Maxx Location: G-vegas on Aug 26, 2010 at 06:22 PM
    Mr. Justice you are probably right under this regime. And soon to be a socialist state under obama. I hope the guy is not stuck with spending millions of dollars getting his project. But the government doesnt want a person to use their brains to made some money and not need a governemnet hand out. Best of luck to this gentleman
  • by OSOC Location: Washington on Aug 26, 2010 at 05:00 PM
    Well, you don't suppose they could watch the cruise ships go by and fish? I am sure if you found a quiet spot you could figure out what to do. I still think it would be cool to go visit. Sail boats are not that expensive to operate.....
  • by Jeff Location: Winterville on Aug 26, 2010 at 04:13 PM
    That's great. What's up with the negative energy from Anonymous@3:05? Sounds like the owner got a good deal. I would love to take a helicopter ride to it to stay. That would be fun!
  • by Justice on Aug 26, 2010 at 03:21 PM
    The tower has been deemed to be unsafe, the gov would not even let prospective buyers inspect the property, they had to buy it sight unseen. Now the gov will problaby give this buyer the run-around and hinder him as much as possible about being able to use it for a "for profit" purpose. The article at http://www.starnewsonline.com/article/20090414/ARTICLES/904149976 is very interesting. This man problaby got stuck buying this because it will problaby cost millions to bring it up to "code".
  • by Anonymous on Aug 26, 2010 at 02:09 PM
    http://www.starnewsonline.com/article/20100714/ARTICLES/100719836/1155?p=1&tc=pg MUCH more comprehensive article about this. Won't really be a bed and breakfast, but a place for layovers during charter fishing, an emergency landing pad for medical helicopters, place for offshore fisherment to retreat from the afternoon thunderstorms that can suddenly pop up offshore. A "Bed and Breakfast" that you would need many thousands of dollars worth of boat to get to or to charter a $600-1200 dollar boat ride there and back and has little to do aside from fish (only doable from a boat) and sit ont he deck and watch the water evaporate would be a pretty horrible business plan. Also if I recall correctly this venture is listed as a non-profit organazation, not as a hotel or b&b. Great copy and paste skills of the Raliegh News and Observers story though...
  • by Just Think Again on Aug 26, 2010 at 01:56 PM
    that is not international waters, it is federal
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