4238 Island Drive North Topsail Beach NC 34.482964 -77.439173

4238 Island Drive , North Topsail Beach 28460

Ocean Ridge Village

4238 Island Drive , North Topsail Beach 28460
Ocean Ridge VillageNorth Topsail Beach28460
$1,299,900
  • 8 Bedrooms
  • 6/1 Bathrooms
  • 4,125 Sq. Feet
  • 2013Year Built
  • 487Days on Market
This oceanfront home is in Ocean Ridge Village, a prestigious community in North Topsail Beach. This popular vacation destination boasts one of the largest community front beaches on Topsail which provides an ''exclusive'' feel to the island, eliminating multiple public beach accesses being close to you while enjoying walking the sandy shore. This custom home was built taking no shortcuts, including multiple living areas, several dining areas, game room, and elevator. Wood flooring and hard counter surfaces are throughout the home. The spectacular decks offer views up and down the beach, porch swings, and a hot tub! Enjoy this magnificent investment with all of its income potential as well as being able to reap the benefits of personal use! Net operating income for the last two years came in 77K to 81K. It's time you consider having an aproximate 16% investor return with this rental machine. Gross rental income was $137,853 for 2018, and is over 125k pre booked for 2020. Come see where luxury meets the beach! Come see where luxury meets the beach!
Neighborhood Ocean Ridge Village
Home Type Single Family Residence
Year Built 2013
Acreage 0.32
Square Feet 4125.00
$ / SqFt $315
Bedrooms 8
Full Baths 6
Half Baths 1
Garage Spaces 2.00
Detached Garage Spaces 0.00
Waterfront Yes
Water View Yes
Water Features Deeded Beach Access,Deeded Water Access,Deeded Water Rights,Deeded Waterfront,Ocean Front,Ocean Side,Ocean View,Water Access Comm,Water View
Detached Garage Spaces 0.00
Exterior Features Gas Grill,Outdoor Shower
Fencing None
Lot Water Features Deeded Beach Access,Deeded Water Access,Deeded Water Rights,Deeded Waterfront,Ocean Front,Ocean Side,Ocean View,Water Access Comm,Water View
Pool / Spa
Porch / Balcony / Deck Balcony,Covered,Porch
Road Type Front Maintained,Paved,Public (City/Cty/St)
Roof Type Shingle
Applicance
Attic None
Basement None
Cooling System Central
Dining Room Combination
Fireplace None
Flooring
Heated Sq Ft 4000 - 4499
Heating System Heat Pump
Interior Features 9Ft+ Ceilings,Ceiling - Vaulted,Ceiling Fan(s),Elevator,Furnished,Hot Tub,Reverse Floor Plan
Laundry Location Hall,Hookup - Dryer,Hookup - Washer
Master Location Non Primary Living Area
# of Rooms 11
Stories 3 Story or More
School District Onslow
Elementary School
Middle School Dixon
High School Dixon
Flood Zone
Cobra Zone Yes
Stipulation of Sale None
Tax Year 2018
Terms Cash,Conventional
Zoning R-5
HOA Yes
HOA Fees 1,108
HOA Phone 252-354-6333

Listing Courtesy of Treasure Realty II

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