5 YEAR WINNER
BEST OF THE PAMLICO

Search

235 Frost Lane, Salter Path, NC 28512

$3,375,000

Property Type: Residential Bedrooms: 7 Baths: 8 Square Footage: 4,936 Lot Size (sq. ft.): 21,344 Status: Closed

Current Price: $3,375,000 List Date: 8/26/2022 Last Modified: 3/12/2024

Description

TWO fully furnished homes 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!

More Information MLS# 100346015

Building/Ext Features

ud_i_08: 1

Property Interior Info

SqFt - Heated Separate: 2449 Total SqFt - Heated (Primary + Separate): 7385 # Rooms: 13 # Baths - Full: 7 # Baths - Half: 1 # Baths - Total: 8 Master Bedroom Level: Primary Living Area Stories: 3 Fireplace Y/N: Yes SqFt - Heated (Primary): 4936 # Bedrooms: 7

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Auction: No List Price/SqFt: 487.46 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2022-08-24 Listing Price: 3599900 Current Price: $3,375,000

Location Information

City Limits: No Marketing City: Salter Path Secondary Subdivision: N/A Street #: 235 Street Name: Frost Street Suffix: Lane County: Carteret State/Province: NC Zip Code: 28512 Subdivision: Not In Subdivision Geo Lat: 34.687762 Geo Lon: -76.881888

Remarks and Showing

Sign on Property: Yes Directions to Property: Salter Path Road (Hwy 58) to Frost Lane on the oceanside; take Frost Lane to the end of the street towards the ocean

Property Exterior Info

New Construction: No Lot Acres: 0.49 Lot Dimensions: Plat map under documents Lot SqFt: 21344 Waterfront: No Waterview: Yes Location Type: Island

Legal & Taxes

Tax Assessed Value: 1386715 Total Real Estate Property Taxes: 5978 Deed Book: 1715 Deed Page: 416 Legal: Lot 9, Section 1, Village of Salter Path Broker Owner: No PID: 0 Tax Identifier: 633407685092000 Plat Book: 16 Plat Page: 45 - 50 Special Assessments: 0 Tax Year: 2022 Zoning: No Zoning HOA: No Cobra Zone: No

Rental Information

Gross Income: 323000

Garage & Parking

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

Parking Features

On Site: 1 Paved: 1

HOA and Neigh Amenities

No Amenities: 1

Attic

None: 1

Basement

None: 1

Handicap Accessible

Elevator: 1

View Type

Ocean: 1 Water: 1

Construction

Concrete: 1 Wood Frame: 1

Lot Water Features

Ocean Side: 1

Exterior Features

Outdoor Shower: 1

Current Service Providers

Electric Provider: Carteret-Craven EMC Water Provider: Bogue Banks Water Corp

Exterior Finish

Stucco: 1 Vinyl Siding: 1

Terms

Cash: 1 Conventional: 1

Fencing

Full: 1

Foundation

Slab: 1

Flooring

Carpet: 1 Tile: 1 Wood: 1

Fuel Tank

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

Fuel Tank Ownership

Owned: 1

Green Bldg Features

Energy Star Appl: 1 High Eff Toilets: 1 LED Lighting: 1 Sealed Attic: 1

Patio and Porch Features

Covered: 1 Deck: 1 Open: 1 Patio: 1

Pool Features

In Ground: 1 See Remarks: 1

Roof

Composition: 1 Shingle: 1

Levels

3 Story or More: 1

Road Type/Frontage

Private Road: 1

Lot Features

Dunes: 1

Cooling

Central Air: 1

Heated SqFt

4500 - 4999: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Sewer

Septic Tank: 1

Water Source

Well: 1

Appliances/Equip

Built-In Microwave: 1 Convection Oven: 1 Dishwasher: 1 Disposal: 1 Down Draft: 1 Dryer: 1 Electric Oven: 1 Ice Maker: 1 Refrigerator: 1 Trash Compactor: 1 Washer: 1 Water Softener: 1

Interior Features

Blinds/Shades: 1 Ceiling Fan(s): 1 Central Vacuum: 1 Elevator: 1 Furnished: 1 Gas Log: 1 Home Theater: 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Hookup - Dryer: 1 Hookup - Washer: 1

Dining Room Type

Combination: 1

Separate Living Spcs

Guest House Desc: 3 beds/3 baths/pool

Other Structures

Shower: 1

Legal Taxes

Year Built: 2006

Status Change Info

Under Contract Date: 2022-11-06 Sold Price: $3,375,000 Sold Date: 2022-12-20

Property Features

Handicap Accessible: Elevator View Type: Ocean; Water Attic: None Basement: None Construction: Concrete; Wood Frame Exterior Features: Outdoor Shower Exterior Finish: Stucco; Vinyl Siding Fencing: Full Foundation: Slab Fuel Tank Ownership: Owned Green Bldg Features: Energy Star Appl; High Eff Toilets; LED Lighting; Sealed Attic Parking Features: On Site; Paved Patio and Porch Features: Covered; Deck; Open; Patio Pool Features: In Ground; See Remarks Roof: Composition; Shingle Levels: 3 Story or More Lot Features: Dunes Lot Water Features: Ocean Side Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Sewer: Septic Tank Water Source: Well Flooring: Carpet; Tile; Wood Interior Features: Blinds/Shades; Ceiling Fan(s); Central Vacuum; Elevator; Furnished; Gas Log; Home Theater; Walk-in Shower; Walk-In Closet(s); Wet Bar Laundry Features: Hookup - Dryer; Hookup - Washer Heated SqFt: 4500 - 4999 Dining Room Type: Combination Other Structures: Shower HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional

Listing Office: Keller Williams Crystal Coast

IDX

Last Updated: March - 12 - 2024

Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Search powered by FBS Products

CHOOSE YOUR NEXT PROPERTY

In Eastern North Carolina