Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
3,266
Lot Size (sq. ft.):
88,427
Status:
Closed
Current Price:
$1,636,500
List Date:
10/15/2020
Last Modified:
11/19/2024
Overview
Description
Attention Realtors & buyers – this property can be reduced another $42,000 if buyer agrees to a 7 year term to allow seller's mother to continue to live in the guest cottage & have the use of 1 boat slip. Driftwood Manor is a spectacular Intracoastal Waterway front property that boasts 1000 ft of panoramic & unobstructed views of the ICWW, Masonboro Island, & the Atlantic Ocean! This one of a kind listing encompasses approx. 2 acres of buildable upland that can easily be subdivided into 4 individual parcels – each with their own 35' boat slip at the private floating pier & dock that has recently been refurbished & repowered. 2 of the 4 boat slips have brand new 13,000 lb electronic lifts with remotes. All new pilings & decking has been installed at the end of the pier. As you are looking at the property from the pier, you see the main home which sits on approx. .50 acre with an additional .80 acre of natural marsh fronting the ICWW. The home features 4 bedrooms, recent updating throughout including the 3 full baths, new Kitchenaide appliances, countertops & backsplash in the kitchen, refinished hardwood floors, & an expanded & completely renovated master suite which opens to the new wrap around deck & show stopping water views. The ground level fire pit patio area creates the ultimate space to soak in the views & ocean breezes. This property is protected by a new bulkhead on the ICWW & a new privacy gate at the main entrance of the property. This home has excellent VRBO or AirBnB potential with its two complete living spaces & separate entrances to the upstairs & downstairs areas of the main home. Directly behind the main house parcel, there is a 15,000 square foot vacant lot.... & ANOTHER 15,000 square foot lot behind that one! You could build two separate homes on these lots & include a boat slip with each! Rounding out this amazing opportunity is a 4TH approx. .50 acre parcel with an 864 square foot 1 bedroom 1 bath guest cottage that has been fully renovated!
Supplements:
The cottage can also happily serve as a rental space. A third home could be built on this parcel as well. The options are endless with this property! Live where you love and put the rest of the property to work for you with extra income or enjoy the privacy and live on the Intracoastal Waterway! Seller is willing to consider subdividing in numero
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The cottage can also happily serve as a rental space. A third home could be built on this parcel as well. The options are endless with this property! Live where you love and put the rest of the property to work for you with extra income or enjoy the privacy and live on the Intracoastal Waterway! Seller is willing to consider subdividing in numerous ways.
Last Updated: November - 19 - 2024
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