$2,395,000

5213 Ocean Dr Unit E & W Emerald Isle, NC 28594

Estimated payment $13,663/month

Total Views 13,045
8 Beds
4 Baths
2,406 Sq Ft
$995 Price per Sq Ft

Highlights

  • Ocean Front
  • Deeded access to the beach
  • Ocean Side of Freeway
  • White Oak Elementary School Rated A-
  • Second Kitchen
  • Deck

About This Home

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 Airbnb & VRBO. 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 business. Come enjoy the view from the 16' by 16' dune deck!

Listing Agent

Meg Russell

Russell Homes and Land License #200031 Listed on: 09/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 74x204x74x204
  • Ocean Front
  • Level Lot
  • Dunes
  • Property is zoned RMF

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,406 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Scuttle Attic Hole

Kitchen

  • Second Kitchen
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Tax Lot 5B21
  • Assessor Parcel Number 630419611339000 630419611441000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,235

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1980
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Pantry, Blinds/Shades, Ceiling Fan(s), 2nd Kitchen
  • Laundry Location: Room
  • List Price per Sq Ft: 995.43
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 8
  • Number Rooms: 12
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: First
  • Bedroom 6 Level: First
  • Bedroom 7 Level: Second
  • Bedroom 8 Level: Second
  • Sq Ft Heated: 2406.00
  • Total Heated Primary Separate Sq Ft: 2406.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors, Security Lighting
  • Exterior Finish: Fiber Cement, Wood Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings, Raised
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Gravel, Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Range, Washer, Vent Hood, Refrigerator, Dryer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 423425.00
  • Lot Acres: 0.34
  • Lot Description: Dunes, Level
  • Lot Dimensions: 74x204x74x204
  • Lot Number: 5B21
  • Lot Sq Ft: 14985.00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Plat Book: 33
  • Plat Page: 548
  • Zoning: RMF
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 630419611339000 630419611441000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 5234.68

MLS Schools

  • Elementary School: White Oak Elementary
  • High School: Croatan
  • Middle School: Broad Creek

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 For Sale $2,395,000 +112.9% $995 / Sq Ft
11/15/2021 11/15/21 Sold $1,125,000 -13.5% $468 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $1,300,000 -11.9% $540 / Sq Ft
05/26/2021 05/26/21 For Sale $1,475,000 -- $613 / Sq Ft
Source: Hive MLS

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Source: Hive MLS

MLS Number: 100468232

Hive MLS