7127 Ocean Drive, Emerald Isle, NC 28594 (MLS# 100429078)
7127 Ocean Drive, Emerald Isle, NC 28594
$4,585,000
Property Type:
Residential
Bedrooms:
11
Baths:
11
Square Footage:
7,206
Lot Size (sq. ft.):
19,602
Status:
Active
Current Price:
$4,585,000
List Date:
2/23/2024
Last Modified:
5/15/2025
Description
This 11 bedroom, yes 11 bedroom, masterpiece ocean front estate is absolutely one of Emerald Isle's true sand castle homes. Soon to be an investors gold mine or your personal dream come true home this property absolutely has everything and then some. 2024 was the first rental season grossing $251K, 2025 already has $215K booked and is projected to make over $462k. Expanded, renovated, and completely redecorated, leaving absolutely no detail overlooked, words simply cannot capture how exquisite this home is! Therefore, I will not try. Go look at the pictures and video.
More Information MLS# 100429078
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2024-02-23
Listing Price: 4585000
Current Price: $4,585,000
List Price/SqFt: 636.28
Stipulation of Sale: Standard
Location Information
Street #: 7127
Street Name: Ocean
Street Suffix: Drive
County: Carteret
State/Province: NC
Zip Code: 28594
City Limits: Yes
Marketing City: Emerald Isle
Subdivision: Dogwood Acres
Secondary Subdivision: N/A
Geo Lat: 34.664846
Geo Lon: -77.016104
Remarks and Showing
Directions to Property: From the corner of Hwy 24 and Hwy 58 proceed east on Hwy 58 , turn right on Craig, turn left on Ocean dr. House is on the right
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.45
Lot SqFt: 19602
Lot Dimensions: 75 x 261 x 75 x 264
Waterfront: Yes
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 7206
Total SqFt - Heated (Primary + Separate): 7206
# Rooms: 14
# Baths - Full: 10
# Baths - Half: 1
# Baths - Total: 11
# Bedrooms: 11
Master Bedroom Level: Primary Living Area
Stories: 4
Legal Taxes
Year Built: 2006
Fuel Tank
Above or Below Ground: Below Ground
Fuel Type: Propane
Owned or Leased: Owned
Rental Information
Lease Term: Short Term Lease
Operating Expense: 30932
Gross Income: 161000
Property Features
Frontage Type: Oceanfront
Handicap Accessible: Accessible Hallway(s); Elevator
View Type: Ocean; Water
Attic: Walk-In
Basement: None
Construction: Wood Frame
Exterior Features: DP50 Windows; Gas Grill; Irrigation System; Outdoor Shower; Shutters - Board/Hurricane; Thermal Doors
Exterior Finish: Fiber Cement
Fencing: Vinyl
Foundation: Block; Pilings
Fuel Tank Ownership: Owned
Green Bldg Features: LED Lighting; Tankless Water Heater
Parking Features: On Site
Patio and Porch Features: Covered; Deck; Porch
Roof: Metal
Trash Collection: City Pick-UP
Lot Features: See Remarks
Lot Water Features: Ocean Side
Cooling: Heat Pump; Zoned
Heating: Heat Pump; Zoned
Heating System Fuel Source: Electric
Water Heater: Propane; Tankless
Utilities: Water Available
Sewer: Septic Tank
Water Source: Municipal Water
Fireplace: 1
Flooring: Tile; Wood
Furnished: Furnished
Interior Features: 2nd Kitchen; Blinds/Shades; Bookcases; Ceiling Fan(s); Elevator; Entrance Foyer; Furnished; Gas Log; High Ceilings; Hot Tub; Kitchen Island; Master Downstairs; Pantry; Solid Surface; Walk-in Shower; Walk-In Closet(s); Whirlpool; Whole-Home Generator
Window Features: Thermal Windows
Security Features: Security Lights; Smoke Detector(s)
Laundry Features: Laundry Room
Heated SqFt: 7000 - 7499
Dining Room Type: Combination
HOA and Neigh Amenities: No Amenities
Rental Information: Is Property Subject to Lease?; Is Property Subject to Vacation Rental Act
Terms: Cash; Conventional; Commercial
Listing Office: RE/MAX Ocean Properties EI
Last Updated: May - 15 - 2025
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