235 Frost Lane

235 Frost Lane

Salter Path, NC 28512

Price: $3,599,900

Beds: 7

Baths: 7.5

Sq.Ft.: 4,936

Garage:

Stories: 3 Story or More

Status: Active

Neighborhood: Not In Subdivision

MLS#: 100346015

Description

TWO fully furnished homes (with exclusions) offering incredible waterviews and rental income (combined $323,000 +/- for 2022 anticipated) from this gorgeous house with a guest house, both overlooking the ocean and both with their own pool. NO CITY TAXES or beach renewal taxes! Beautiful property that sits atop a natural dune, these homes provide luxury, comfort and wonderful spaces to gather with family and friends -- it is no wonder that they are called the Dream Maker (main house) and Memory Maker (guest house). HUGE opportunity - your family can enjoy both homes, use one and rent one, or use both as income-producing investments. The homes are currently on the rental market and rent separately, creating two streams of income. The main house is 3 stories with an elevator featuring 7 bedrooms, 7.5 baths, spacious living areas, home theater, game room with kitchenette on the first floor and ample decking. The guest house offers 3 bedrooms, 3 full baths, spacious living areas, family room, patio and deck to extend the living space. This property is adjacent to the former Roosevelt Heirs land that was gifted to the State of North Carolina which is a part of the Salter Path history (see documents). Great rental history and potential, please see documents for rental history and the vacation rental addendum. Special note: exterior is IFC - insulated concrete forms that have 200+ mph wind load, impact windows and R-50 insulation factor in the walls for safety, security and energy efficiency. Begin your island adventure today at 235 Frost Lane in Salter Path!

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