5701 Ocean Drive, E & W 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
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!
More Information MLS# 100407799
Contract Info
Delayed Marketing?: No
Sub-Type: Townhouse
Construction Type: Stick Built
Auction: No
List Price/SqFt: 500.69
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2023-10-03
Listing Price: 2900000
Current Price: $2,700,000
Location Information
Unit #: E & W
City Limits: Yes
Marketing City: Emerald Isle
Secondary Subdivision: N/A
Street #: 5701
Street Name: Ocean
Street Suffix: Drive
County: Carteret
State/Province: NC
Zip Code: 28594
Subdivision: Not In Subdivision
Geo Lat: 34.669894
Geo Lon: -76.991506
Remarks and Showing
Sign on Property: No
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
Property Exterior Info
New Construction: No
Lot Acres: 0.29
Lot Dimensions: 75'X200'X75'X200
Lot SqFt: 12632
Waterfront: Yes
Waterview: Yes
Location Type: Island
Horses Y/N: No
Property Interior Info
Total SqFt - Heated (Primary + Separate): 5792
# Rooms: 18
# Baths - Full: 8
# Baths - Half: 0
# Baths - Total: 8
Master Bedroom Level: Non Primary Living Area
Stories: 3
SqFt - Heated (Primary): 5792
# Bedrooms: 8
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
Rental Information
Lease Term: Short Term Lease
Garage & Parking
Attached Garage Spaces: 4
Detached Garage Spaces: 0
Total # Garage Spaces: 4
Total Carport Spaces: 0
HOA and Neigh Amenities
Waterfront Community: 1
See Remarks: 1
Basement
None: 1
Frontage Type
Oceanfront: 1
View Type
Ocean: 1
Construction
Wood Frame: 1
Exterior Features
DP50 Windows: 1
Outdoor Shower: 1
Exterior Finish
Wood Siding: 1
Terms
Cash: 1
Conventional: 1
Fencing
None: 1
Foundation
Pilings: 1
Slab: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Parking Features
Circular Driveway: 1
Concrete: 1
Garage Faces Front: 1
On Site: 1
Paved: 1
Patio and Porch Features
Covered: 1
Deck: 1
Open: 1
Roof
Architectural Shingle: 1
Stories/Levels
3 Story or More: 1
Road Type/Frontage
Maintained: 1
Paved: 1
Public (City/Cty/St): 1
Lot Water Features
Deeded Beach Access: 1
Ocean Side: 1
Lot Features
Dunes: 1
Cooling
Central Air: 1
Heated SqFt
5500 - 5999: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Water Available: 1
Sewer
Septic Tank: 1
Water Source
Municipal Water: 1
Appliances/Equip
Built-In Microwave: 1
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Mini Refrigerator: 1
Refrigerator: 1
Washer: 1
Water Softener: 1
Fireplace
2: 1
Furnished
Furnished: 1
Interior Features
2nd Kitchen: 1
Blinds/Shades: 1
Ceiling Fan(s): 1
Furnished: 1
Reversed Floor Plan: 1
Vaulted Ceiling(s): 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Whirlpool: 1
Window Features
Thermal Windows: 1
Security Features
Smoke Detector(s): 1
Laundry Features
Hookup - Dryer: 1
Hookup - Washer: 1
Laundry Closet: 1
Dining Room Type
Combination: 1
Rooms
Bedroom 1: 1
Bedroom 1 Level: Third
Bedroom 2: 1
Bedroom 2 Level: Second
Bedroom 3: 1
Bedroom 3 Level: Second
Bonus Room: 1
Bonus Room Level: First
Dining Room: 1
Dining Room Level: Third
Family Room: 1
Family Room Level: First
Kitchen: 1
Kitchen Level: Third
Living Room: 1
Living Room Level: Third
Master Bedroom: 1
Master Bedroom Level: Second
Legal Taxes
Year Built: 1987
Status Change Info
Under Contract Date: 2023-10-23
Sold Price: $2,700,000
Sold Date: 2023-12-19
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
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
Fireplace: 2
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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