1502 N Lumina Avenue, Wrightsville Beach, NC 28480
$1,995,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,478
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$1,995,000
List Date:
6/21/2024
Last Modified:
6/21/2024
Description
Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment.
Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement.
The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.
More Information MLS# 100451954
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-06-21
Listing Price: 1995000
Current Price: $1,995,000
List Price/SqFt: 1349.8
Sub Agent Comm $/%: %
Buyer Agent Comm: 2
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 1502
Pre Direction: N
Street Name: Lumina
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28480
City Limits: Yes
Marketing City: Wrightsville Beach
Subdivision: North Shore
Secondary Subdivision: N/A
Geo Lat: 34.217238
Geo Lon: -77.788861
Remarks and Showing
Directions to Property: Follow N Lumina Ave north past Salisbury St and the house will be on the right between Sandpiper St and Crane St.
Sign on Property: No
Property Exterior Info
New Construction: No
Lot Acres: 0.11
Lot SqFt: 4792
Lot Dimensions: 60x80
Waterfront: No
Waterview: No
Horses Y/N: No
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 1478
Total SqFt - Heated (Primary + Separate): 1478
# Rooms: 10
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 2
Master Bedroom Level: Non Primary Living Area
Stories: 2
Legal & Taxes
Tax Assessed Value: 821100
Deed Book: 6362
Deed Page: 2799
Legal: LOT 2 BLK 17 NORTH SHORES
Broker Owner: No
PID: R05813-009-009-000
Tax Identifier: R05813-009-009-000
Plat Book: 3
Plat Page: 75
Special Assessments: No
Tax Year: 2023
Year Built: 1946
Zoning: R-2
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Wrightsville Beach
Middle School: Noble
High School: Hoggard
Garage & Parking
Attached Garage Spaces: 2
Total # Garage Spaces: 2
Rooms
Bedroom 2 Level: First
Master Bedroom Level: Second
Property Features
Construction: Block; Wood Frame
Unit Type: 2 Bedroom
Exterior Features: None
Exterior Finish: None
Fencing: Back Yard; Wood
Foundation: Permanent; Slab
Fuel Tank: Gas; Propane Above Ground
Fuel Tank Ownership: Leased
Parking Features: Additional Parking; Attached; Concrete; Gravel; Off Street
Patio and Porch Features: Covered; Deck; Porch; Wrap Around
Roof: Shingle
Stories/Levels: Two
Trash Collection: City Pick-UP
Lot Features: Interior Lot
Road Type/Frontage: Maintained; Public (City/Cty/St)
Lot Water Features: None
Cooling: Central; Wall/Window Unit(s)
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Natural Gas
Utilities: Municipal Sewer; Municipal Water; Natural Gas Available
Appliances/Equip: Central Vac; Cooktop - Gas
Fireplace: 1
Flooring: Concrete; Tile; Wood
Furnished: Furnished
Interior Features: Furnished
Laundry Features: Garage
Heated SqFt: 1400 - 1599
Dining Room Type: Combination
HOA and Neigh Amenities: No Amenities
Rooms: Bedroom 2; Master Bedroom
Terms: Cash; Conventional; FHA; Commercial
Room Information
Master Bedroom
Length: 13.00
Width: 10.00
Level: Second
Bedroom 2
Length: 14.00
Width: 9.00
Level: First
Listing Office: Cadence Realty Corporation
Last Updated: June - 21 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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