George Dedrick and his wife, Kay, of Gibsonville decided to buy a lot in the San Rio Ocean and River Club last July. The deal was finalized the following September.
The two had always been careful with their money, George Dedrick said, and they were looking for an investment or maybe a future retirement residence. San Rio fit the bill.
They liked the uniqueness of the plans for San Rio, off Gray Bridge Road in the Shallotte area. They knew the developers, Wakefield, had a history of good projects in other parts of the state.