UPDATED:
12/08/2024 03:08 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $406
Subdivision Sandy Ridge
MLS Listing ID 100456266
Style Wood Frame
Bedrooms 8
Full Baths 5
HOA Y/N No
Originating Board Hive MLS
Year Built 2024
Annual Tax Amount $2,607
Lot Size 6,795 Sqft
Acres 0.16
Lot Dimensions 54x126x54x126
Property Description
Don't miss this opportunity to purchase at this price before the seller makes improvements and relists at a higher price.
Median Projected Rental Income:
As-Is: $175,500/year
With Pool Added: $207,275/year
Investors & Coastal Enthusiasts, this is your moment! The seller is offering $20,000 in concessions to build a front deck or use as you choose. Located in Flood Zone X, so no flood insurance is required.
This luxurious 8-bedroom, 5-bathroom Surf City home is priced below appraised value and includes plans for a future pool, boosting rental and resale potential. Built in 2024, this 4,400 sq. ft. property is designed for coastal living and entertaining, featuring two large 32 x 16 ft. covered Trex decks. The interior is finished with high-end touches like Dekton Trance countertops, LVP flooring, and an elevator for convenience. Fully furnished and turnkey, it's ready for immediate use.
Property Highlights:
Energy-efficient with summer electric bills averaging only $244/month
No flood insurance needed (Flood Zone X)
Includes plans for a future pool to maximize rental appeal
This is an extraordinary opportunity to invest in a prime coastal property that blends luxury, location, and exceptional income potential. Act now to secure your coastal oasis before it's taken off the market!
Location
State NC
County Pender
Community Sandy Ridge
Zoning R5
Direction Take the bridge over to Surf City and take a right onto S. Shore Dr. Property will be on the right.
Location Details Island
Rooms
Primary Bedroom Level Non Primary Living Area
Interior
Interior Features Solid Surface, Kitchen Island, Elevator, 9Ft+ Ceilings, Furnished, Pantry, Walk-in Shower, Walk-In Closet(s)
Heating Electric, Heat Pump
Cooling Central Air
Flooring LVT/LVP
Window Features Storm Window(s),Blinds
Appliance Washer, Wall Oven, Vent Hood, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher, Cooktop - Electric, Convection Oven
Laundry Inside
Exterior
Exterior Feature Outdoor Shower, Gas Grill
Parking Features Attached, Paved
Garage Spaces 2.0
Pool None
Waterfront Description ICW View,Second Row
View Ocean, Sound View, Water
Roof Type Metal
Porch Covered, Deck
Building
Story 4
Entry Level Three Or More
Foundation Other
Sewer Municipal Sewer
Water Municipal Water
Structure Type Outdoor Shower,Gas Grill
New Construction No
Schools
Elementary Schools North Topsail
Middle Schools Topsail
High Schools Topsail
Others
Tax ID 4234-03-9102-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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