$1,299,900

4238 Island Drive

North Topsail Beach NC, 28460

Description

This oceanfront home is in Ocean Ridge Village, a prestigious community in North Topsail Beach. This popular vacation destination boasts one of the largest community front beaches on Topsail which provides an ''exclusive'' feel to the island, eliminating multiple public beach accesses being close to you while enjoying walking the sandy shore. This custom home was built taking no shortcuts, including multiple living areas, several dining areas, game room, and elevator. Wood flooring and hard counter surfaces are throughout the home. The spectacular decks offer views up and down the beach, porch swings, and a hot tub! Enjoy this magnificent investment with all of its income potential as well as being able to reap the benefits of personal use! Net operating income for the last two years came in 77K to 81K. It's time you consider having an aproximate 16% investor return with this rental machine. Gross rental income was $137,853 for 2018, and is over 125k pre booked for 2020. Come see where luxury meets the beach! Come see where luxury meets the beach!

Details

MLS#100165569
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2013
Days On Site453

Features

Bed(s)8
Bath(s)6fb/1hb
SQ Feet4,125
Garage2
Story(s)3.0
Acreage0.32
Water FrontYes
Property ViewYes

Additional Information

Ocean FrontYes
Ocean ViewYes
Water AccessYes
Bonus RoomNo
Boat SlipNo
Master DownNo
Finished Room Over GarageNo
HOAYes
HOA Annual Amount1108.00
FireplaceNo
Great RoomNo
FencingNo
PorchYes
SunroomNo
DeckNo
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Area Information
StateNC
CountyOnslow
CityNorth Topsail Beach
Zip Code28460
AreaOnslow
Community NameOcean Ridge Village
Elementary SchoolDixon
Middle SchoolDixon
High SchoolDixon
Listing VS Median (in Ocean Ridge Village)
Price:
$1,299,900
low | high
Med:
$284,500
100% of Average
SqFt:
4,125
low | high
Med:
0
100% of Average
$ / SqFt:
$315
low | high
Med:
$0
100% of Average
On Site:
453
low | high
Med:
251.5
100% of Average
Listing Updated: 08/09/2020
Ana Nicole Scott LogoMLS Number: 100165569
Listing Provided By:
Ana Nicole Scott  of  Treasure Realty II
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