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5701 Ocean Drive E & W, Emerald Isle, NC 28594

$2,700,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 5,792 Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $2,700,000 List Date: 10/03/2023 Last Modified: 12/20/2023

Overview

Description

Spectacular Oceanfront Full Duplex property with 8-bedroom, 8-bathroom offering breathtaking views of the Atlantic Ocean. This extraordinary property comes fully furnished and provides the ultimate beachfront living experience just steps away from the beautiful sands of Emerald Isle Beach. Each side of this expansive duplex has a generous amount of living space and features 1st-level family rooms (the west side includes a small kitchen) and a bonus room. Both sides are connected to 2-car garages, ensuring ample parking and storage space. Whether you're seeking a second home, an investment opportunity, or a combination of both, this property offers endless possibilities. Both sides of the duplex are currently utilized as weekly vacation rentals during the peak season, providing a steady income stream. With the inclusion of the lock-off 1st-floor living space and garages, the potential annual total income could be significantly increased to almost $180k. The roof for the property was installed in 2019, new heat pumps, and many new windows, among other enhancements. Please note that both fireplaces have been capped and are nonfunctional. The property is comprised of 2 separate PIN numbers, and the owners are selling the entire duplex. However, the new owner has the flexibility to keep one side for personal use and sell the other side separately. Don't miss this rare opportunity to own a magnificent oceanfront duplex in one of the most coveted locations on the Emerald Isle. Experience the coastal lifestyle at its finest and indulge in the beauty of the Atlantic Ocean. Schedule your showing today!

Listing Details MLS# 100407799

Contract Info

Sub-Type
Townhouse
Construction Type
Stick Built
Delayed Marketing?
No
Marketing Start Date
2023-10-03
Auction
No
Listing Price
2900000
List Price/SqFt
500.69
Stipulation of Sale
Standard

Location Information

Street #
5701
Street Name
Ocean
Street Suffix
Drive
Unit #
E & W
County
Carteret
State/Province
NC
Zip Code
28594
City Limits
Yes
Marketing City
Emerald Isle
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From Highway 58/Emerald Drive, turn right onto Hurst Road. Make a right on Ocean Drive and the house will be on the left
Sign on Property
No

Property Exterior Info

New Construction
No
Lot Acres
0.29
Lot SqFt
12632
Lot Dimensions
75'X200'X75'X200
Waterfront
Yes
Waterview
Yes
Horses Y/N
No
Location Type
Island

Property Interior Info

SqFt - Heated (Primary)
5792
Total SqFt - Heated (Primary + Separate)
5792
# Rooms
18
# Baths - Full
8
# Baths - Total
8
# Bedrooms
8
Master Bedroom Level
Non Primary Living Area
Stories
3
Fireplace Y/N
Yes
# Baths - Half
0

Legal Taxes

Year Built
1987

More Information

Status Change Info

Under Contract Date
2023-10-23
Sold Date
2023-12-19

Rooms

Bedroom 1 Level
Third
Bedroom 2 Level
Second
Bedroom 3 Level
Second
Bonus Room Level
First
Dining Room Level
Third
Family Room Level
First
Kitchen Level
Third
Living Room Level
Third
Master Bedroom Level
Second
Bedroom 1
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bonus Room
Yes
Dining Room
Yes
Family Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Rental Information

Lease Term
Short Term Lease

Building/Ext Features

ud_i_08
2

Legal & Taxes

Tax Assessed Value
1254880
Deed Book
1526
Deed Page
228
Legal
WEST LOT - SEASCAPE TOWNHOMES EMERALD ISLE EAST LOT - SEASCAPE TOWNHOMES EMERALD ISLE
Broker Owner
No
PID
630418307873000
Tax Identifier
630418307853000
Plat Book
10O
Plat Page
54
Special Assessments
None Known
Tax Year
2022
Zoning
Residential
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
Yes

Garage & Parking

Attached Garage Spaces
4
Detached Garage Spaces
0
Total # Garage Spaces
4
Total Carport Spaces
0

Parking Features

Circular Driveway
Yes
Concrete
Yes
Garage Faces Front
Yes
On Site
Yes
Paved
Yes

HOA and Neigh Amenities

Waterfront Community
Yes
See Remarks
Yes

Basement

None
Yes

Frontage Type

Oceanfront
Yes

View Type

Ocean
Yes

Construction

Wood Frame
Yes

Lot Water Features

Deeded Beach Access
Yes
Ocean Side
Yes

Exterior Features

DP50 Windows
Yes
Outdoor Shower
Yes

Exterior Finish

Wood Siding
Yes

Terms

Cash
Yes
Conventional
Yes

Fencing

None
Yes

Foundation

Pilings
Yes
Slab
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl
Yes

Patio and Porch Features

Covered
Yes
Deck
Yes
Open
Yes

Roof

Architectural Shingle
Yes

Levels

3 Story or More
Yes

Road Type/Frontage

Maintained
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Lot Features

Dunes
Yes

Cooling

Central Air
Yes

Heated SqFt

5500 - 5999
Yes

Heating

Heat Pump
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Electric
Yes

Utilities

Water Available
Yes

Sewer

Septic Tank
Yes

Water Source

Municipal Water
Yes

Appliances/Equip

Built-In Microwave
Yes
Dishwasher
Yes
Dryer
Yes
Electric Oven
Yes
Mini Refrigerator
Yes
Refrigerator
Yes
Washer
Yes
Water Softener
Yes

Furnished

Furnished
Yes

Interior Features

2nd Kitchen
Yes
Blinds/Shades
Yes
Ceiling Fan(s)
Yes
Furnished
Yes
Reversed Floor Plan
Yes
Vaulted Ceiling(s)
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes
Whirlpool
Yes

Window Features

Thermal Windows
Yes

Security Features

Smoke Detector(s)
Yes

Laundry Features

Hookup - Dryer
Yes
Hookup - Washer
Yes
Laundry Closet
Yes

Dining Room Type

Combination
Yes

Property Features

Frontage Type: Oceanfront View Type: Ocean Basement: None Construction: Wood Frame Exterior Features: DP50 Windows; Outdoor Shower Exterior Finish: Wood Siding Fencing: None Foundation: Pilings; Slab Parking Features: Circular Driveway; Concrete; Garage Faces Front; On Site; Paved Patio and Porch Features: Covered; Deck; Open Roof: Architectural Shingle Levels: 3 Story or More Lot Features: Dunes Lot Water Features: Deeded Beach Access; Ocean Side Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Water Available Sewer: Septic Tank Water Source: Municipal Water Flooring: Carpet; Tile; Vinyl Furnished: Furnished Interior Features: 2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Furnished; Reversed Floor Plan; Vaulted Ceiling(s); Walk-in Shower; Walk-In Closet(s); Whirlpool Window Features: Thermal Windows Security Features: Smoke Detector(s) Laundry Features: Hookup - Dryer; Hookup - Washer; Laundry Closet Heated SqFt: 5500 - 5999 Dining Room Type: Combination HOA and Neigh Amenities: Waterfront Community; See Remarks Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bonus Room; Dining Room; Family Room; Kitchen; Living Room; Master Bedroom Terms: Cash; Conventional

Room Information

Bedroom 1 Level: Third Remarks: East Unit Bedroom 2 Level: Second Remarks: East Unit Bedroom 3 Level: Second Remarks: East Unit Master Bedroom Level: Second Remarks: East Unit Bedroom 1 Level: Third Remarks: West Unit Bedroom 2 Level: Second Remarks: West Unit Bedroom 3 Level: Second Remarks: West Unit Master Bedroom Level: Second Remarks: West Unit Bonus Room Level: First Remarks: East Unit Bonus Room Level: First Remarks: West Unit Dining Room Level: Third Remarks: East Unit Dining Room Level: Third Remarks: West Unit Family Room Level: First Remarks: East Unit Family Room Level: First Remarks: West Unit - with Kitchen Kitchen Level: Third Remarks: East Unit Kitchen Level: Third Remarks: West Unit Living Room Level: Third Remarks: East Unit Living Room Level: Third Remarks: West Unit
Listing Office: RE/MAX Elite Realty Group
IDX
Last Updated: December - 20 - 2023
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