Summerplace is a FULL DUPLEX oceanfront Builder-Realtor-owned

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Home For Sale

5213 Ocean Drive E&W E&W

Emerald Isle, North Carolina 28594

Carteret County

Beachfront: Yes

Ocean View: Yes

Community: Not In Subdivision

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$2,395,000 8 br, 4.0 bath 2406 sq. ft. 0.340 acres

Summerplace is a FULL DUPLEX oceanfront Builder-Realtor-owned, meticulously maintained, fully furnished, turnkey investment property in Emerald Isle NC on the Crystal Coast where the water glistens and the homes boast a generous setback from the road for guests' vehicles. Emerald Isle falls among the most highly-rated beaches in the South & East, and lies in highly-rated Croatan school district. Private beach access is along a new solar-lighted deck with 4 steps down to the sand! Home is 15 minutes from the NC Aquarium and 3 miles to the Bogue Island Fishing Pier, plus grocery shopping and restaurants galore. The duplex had gross revenue of $128,000 in 2022, $135,000 for 2023, and $135,000 for 4 months of 2024, the rest was owner use, annualized could be 200K+. There's room for a pool for higher rents! It is self-managed using & . Each side has an individual PIN/Deed #, and can be resold individually. Each has 4br2ba but there are five beds on each side, so the entire duplex of 8 bedrooms sleeps 18. It was renovated 2018 and then each off-season 2021 forward including: replaced double-pane high-impact windows, replaced storm doors, interior/exterior painted, all pre-2021, raised piers replaced hot water heaters, replaced HVAC, redid smooth ceilings, new carpeting, wainscoting, new ceiling fans, can lights, painting of road-side porches, and all new decks all in winter of 22-23, hot water in all THREE new outdoor showers (2023), new granite counters and stainless appliances 2024. Owners hosted two nuptials on the deep .34 acre oceanfront lot, see photos.

There are two septic systems on site, 4BR each, scheduled to be pumped Oct 2024. Pest control is with May Exterminating. Landscaping improvements and 2nd floor upgrades planned for late 2024. Furniture, art, linens, supplies, booking & marketing credentials, as well as any 2025 bookings, all convey. You buy more than the home; it's a turnkey businesse enjoy the view from the 16' by 16' dune deck!

Interior:
  • Bedrooms: 8
  • Baths: 4.0
  • Sq Ft: 2406
  • Year Built: 1980
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Forced Air, Heat Pump
  • Garage: Off Street
Exterior:
  • Lot Size: 0.340 acre
  • Lot Dimensions: 
  • Beachfront: Yes
  • View Types: Ocean, Water
  • Yard: 
  • Siding: Fiber Cement, Wood Siding
  • Roof: Shingle
  • Property Taxes: $5,235
  • MLS #: 100468232
  • Unit Number: E&W
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Contact Information:
phone Call now 1-855-943-4259
Beach Home For Sale in Emerald Isle, North Carolina
Listing Agent: Meg Russell, Russell Homes and Land, 919-795-5973, 919-795-5973 Listing Site, Listing Status: Active
Copyright © 2024 Hive MLS / Carteret County Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5464435
Viewed 20 times.
Updated: Oct 16, 2024

This property is a Home located at 5213 Ocean Drive E&W E&W, Emerald Isle, North Carolina 28594, and is currently For Sale at $2,395,000. This Home has 8 bedrooms, 4.0 baths, 2406 sq ft.

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