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
...
(Read more)
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
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
Rental Information
- Lease Term
- Short Term Lease
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
| Room Name | Level | Remarks |
|---|---|---|
| Bedroom 1 | Third | East Unit |
| Bedroom 2 | Second | East Unit |
| Bedroom 3 | Second | East Unit |
| Master Bedroom | Second | East Unit |
| Bedroom 1 | Third | West Unit |
| Bedroom 2 | Second | West Unit |
| Bedroom 3 | Second | West Unit |
| Master Bedroom | Second | West Unit |
| Bonus Room | First | East Unit |
| Bonus Room | First | West Unit |
| Dining Room | Third | East Unit |
| Dining Room | Third | West Unit |
| Family Room | First | East Unit |
| Family Room | First | West Unit - with Kitchen |
| Kitchen | Third | East Unit |
| Kitchen | Third | West Unit |
| Living Room | Third | East Unit |
| Living Room | Third | West Unit |
IDX
Listing Office:
RE/MAX Elite Realty Group
Last Updated: December - 20 - 2023
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