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1502 N Lumina Avenue, Wrightsville Beach, NC 28480

$1,615,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,478 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $1,615,000 List Date: 6/21/2024 Last Modified: 1/20/2025

Overview

Description

Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment. Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement. The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.

Listing Details MLS# 100451954

Contract Info

Sub-Type
Single Family Residence
Construction Type
Stick Built
Delayed Marketing?
No
Marketing Start Date
2024-06-21
Listing Price
1795000
List Price/SqFt
1214.48
Stipulation of Sale
Standard

Location Information

Street #
1502
Pre Direction
N
Street Name
Lumina
Street Suffix
Avenue
County
New Hanover
State/Province
NC
Zip Code
28480
City Limits
Yes
Marketing City
Wrightsville Beach
Subdivision
North Shore
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Follow N Lumina Ave north past Salisbury St and the house will be on the right between Sandpiper St and Crane St.
Sign on Property
No

Property Exterior Info

New Construction
No
Lot Acres
0.11
Lot SqFt
4792
Lot Dimensions
60x80
Waterfront
No
Waterview
No
Horses Y/N
No
Location Type
Island

Property Interior Info

SqFt - Heated (Primary)
1478
Total SqFt - Heated (Primary + Separate)
1478
# Rooms
10
# Baths - Full
2
# Baths - Total
2
# Bedrooms
2
Master Bedroom Level
Non Primary Living Area
Stories
2
Fireplace Y/N
Yes
# Baths - Half
0

Legal Taxes

Year Built
1946

More Information

Status Change Info

Under Contract Date
2024-12-03
Sold Date
2025-01-17

Fuel Tank

Above or Below Ground
Above Ground
Fuel Type
Propane
Owned or Leased
Leased

Rooms

Bedroom 2 Level
First
Master Bedroom Level
Second
Bedroom 2
Yes
Master Bedroom
Yes

Building/Ext Features

ud_i_08
1

Legal & Taxes

Tax Assessed Value
821100
Deed Book
6362
Deed Page
2799
Legal
LOT 2 BLK 17 NORTH SHORES
Broker Owner
No
PID
R05813-009-009-000
Tax Identifier
R05813-009-009-000
Plat Book
3
Plat Page
75
Special Assessments
No
Tax Year
2023
Zoning
R-2
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
Yes
Elementary School
Wrightsville Beach
Middle School
Noble
High School
Hoggard

Garage & Parking

Attached Garage Spaces
2
Detached Garage Spaces
0
Total # Garage Spaces
2
Total Carport Spaces
0

Parking Features

Additional Parking
Yes
Attached
Yes
Concrete
Yes
Gravel
Yes
Off Street
Yes

HOA and Neigh Amenities

No Amenities
Yes

Construction

Block
Yes
Wood Frame
Yes

Unit Type

2 Bedroom
Yes

Lot Water Features

None
Yes

Exterior Features

None
Yes

Exterior Finish

None
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
Commercial
Yes

Fencing

Back Yard
Yes
Wood
Yes

Foundation

Permanent
Yes
Slab
Yes

Flooring

Concrete
Yes
Tile
Yes
Wood
Yes

Fuel Tank Ownership

Leased
Yes

Patio and Porch Features

Covered
Yes
Deck
Yes
Porch
Yes
Wrap Around
Yes

Roof

Shingle
Yes

Levels

Two
Yes

Road Type/Frontage

Maintained
Yes
Public (City/Cty/St)
Yes

Trash Collection

City Pick-UP
Yes

Lot Features

Interior Lot
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Heated SqFt

1400 - 1599
Yes

Heating

Forced Air
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Natural Gas
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Sewer

Municipal Sewer
Yes

Water Source

Municipal Water
Yes

Appliances/Equip

Gas Cooktop
Yes

Furnished

Furnished
Yes

Interior Features

Central Vacuum
Yes
Furnished
Yes

Laundry Features

In Garage
Yes

Dining Room Type

Combination
Yes

Property Features

Construction: Block; Wood Frame Unit Type: 2 Bedroom Exterior Features: None Exterior Finish: None Fencing: Back Yard; Wood Foundation: Permanent; Slab Fuel Tank Ownership: Leased Parking Features: Additional Parking; Attached; Concrete; Gravel; Off Street Patio and Porch Features: Covered; Deck; Porch; Wrap Around Roof: Shingle Levels: Two Trash Collection: City Pick-UP Lot Features: Interior Lot Lot Water Features: None Cooling: Central Air; Wall/Window Unit(s) Heating: Forced Air Heating System Fuel Source: Electric Water Heater: Natural Gas Utilities: Natural Gas Available; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Flooring: Concrete; Tile; Wood Furnished: Furnished Interior Features: Central Vacuum; Furnished Laundry Features: In Garage Heated SqFt: 1400 - 1599 Dining Room Type: Combination HOA and Neigh Amenities: No Amenities Rooms: Bedroom 2; Master Bedroom Terms: Cash; Conventional; FHA; Commercial

Room Information

Master Bedroom Length: 13.00 Width: 10.00 Level: Second Bedroom 2 Length: 14.00 Width: 9.00 Level: First
Listing Office: Cadence Realty Corporation
IDX
Last Updated: January - 20 - 2025
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