5701 Ocean Drive, E & W, Emerald Isle, NC 28594 (MLS# 100407799)

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

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

Sub-Type: Townhouse Construction Type: Stick Built Status: Closed Delayed Marketing?: No Marketing Start Date: 2023-10-03 Auction: No Listing Price: 2900000 Current Price: $2,700,000 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 Geo Lat: 34.669894 Geo Lon: -76.991506

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

Legal Taxes

Year Built: 1987

Status Change Info

Under Contract Date: 2023-10-23 Sold Price: $2,700,000 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 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; Reverse 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

Last Updated: December - 20 - 2023

5701 Ocean Drive, E & W, Emerald Isle, NC 28594- MLS# 100407799

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5701 Ocean Drive, E & W, Emerald Isle, NC 28594 (MLS# 100407799)

5701 Ocean Drive, E & W, Emerald Isle, NC 28594 (MLS# 100407799)