5528 E Beach Drive, Oak Island, NC 28465 (MLS# 100269943)

5528 E Beach Drive, Oak Island, NC 28465

$1,875,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,291 Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $1,875,000 List Date: 9/09/2021 Last Modified: 11/22/2024

Description

Worth its weight in gold! This money making investment home already has $150,000 in confirmed rentals this year and is projected to have $170,000 gross rental in total. It's not really surprising, though. The home is gorgeous and has everything you could want when families and friends get together at the beach. You'll love the wood floors and the stylish coastal furnishings. With 8 bedrooms and 6 full and 2 half baths and 2 living rooms, and almost 4300 sq ft there's plenty of space to congregate... or have some private time. The elevator will zip everyone's luggage or weary bodies up to their rooms. The home will accommodate up to 26 folks! The modern kitchen has stainless appliances...two of each! And there's lots of counter space, so you can turn out dinner for a crowd in no time! But of course, grilling outside by the pool will certainly be fun too. There's even a hot tub on one of the extensive covered decks and you can get a great view of the ocean. In fact, the beach is only a few steps away so no transportation required! You can also walk to beach stores, restaurants, ice cream shops, and grocery stores from the house. The outdoor shower, privacy fence and storage complete the picture. The perfect place for the perfect vacation, and a great investment. Turnkey and ready!

More Information MLS# 100269943

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Marketing Start Date: 2021-05-06 Auction: No Listing Price: 1949000 Current Price: $1,875,000 List Price/SqFt: 454.21 Stipulation of Sale: Standard

Location Information

Street #: 5528 Pre Direction: E Street Name: Beach Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28465 City Limits: Yes Marketing City: Oak Island Beach Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 33.908985 Geo Lon: -78.106965

Remarks and Showing

Directions to Property: Take Oak Island Dr to SE 58th. Head to the ocean. First home on the right at E. Beach. Sign on Property: Yes

Property Exterior Info

New Construction: No Lot Acres: 0.26 Lot SqFt: 11326 Lot Dimensions: 74x152x75x152 Waterfront: No Waterview: Yes Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 4291 Total SqFt - Heated (Primary + Separate): 4291 # Rooms: 12 # Baths - Full: 6 # Baths - Half: 2 # Baths - Total: 8 # Bedrooms: 8 Master Bedroom Level: Primary Living Area Stories: 2

Legal Taxes

Year Built: 2016

Status Change Info

Under Contract Date: 2021-10-29 Sold Price: $1,875,000 Sold Date: 2021-11-05

Rooms

Bedroom 2 Level: First Bedroom 3 Level: First Bedroom 4 Level: Second Bedroom 5 Level: Second Bedroom 6 Level: Second Bedroom 7 Level: Second Bedroom 8 Level: Second Dining Room Level: First Family Room Level: Second Kitchen Level: First Living Room Level: First Master Bedroom Level: First

Property Features

Handicap Accessible: Accessible Full Bath; Elevator View Type: Ocean; Water Construction: Wood Frame Exterior Features: Outdoor Shower Exterior Finish: Vinyl Siding Fencing: Metal/Ornamental; Wood Foundation: Pilings Parking Features: Off Street; On Site; Paved Patio and Porch Features: Covered; Deck; Patio; Porch Roof: Shingle Lot Features: Corner Lot Lot Water Features: Second Row Cooling: Central Air Heating: Heat Pump Water Heater: Electric Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Fireplace: None Flooring: Carpet; Tile; Wood Interior Features: Blinds/Shades; Elevator; Furnished; Solid Surface; Walk-in Shower; Walk-In Closet(s) Security Features: Smoke Detector(s) Heated SqFt: 4000 - 4499 Dining Room Type: Combination Other Structures: Shower HOA and Neigh Amenities: No Amenities Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bedroom 6; Bedroom 7; Bedroom 8; Dining Room; Family Room; Kitchen; Living Room; Master Bedroom Terms: Cash; Conventional

Room Information

Master Bedroom Level: First Bedroom 2 Level: First Bedroom 3 Level: First Bedroom 4 Level: Second Bedroom 5 Level: Second Bedroom 6 Level: Second Bedroom 7 Level: Second Bedroom 8 Level: Second Living Room Level: First Family Room Level: Second Dining Room Level: First Kitchen Level: First
Listing Office: RE/MAX Southern Coast
Last Updated: November - 22 - 2024
5528 E Beach Drive, Oak Island, NC 28465- MLS# 100269943
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