23 Sandy Lane Surf City NC 34.410599 -77.571755

23 Sandy Lane , Surf City 28445

Sandy Ridge

23 Sandy Lane , Surf City 28445
Sandy RidgeSurf City28445
$1,800,000
  • 4 Bedrooms
  • 5/ Bathrooms
  • 4,038 Sq. Feet
  • 2005Year Built
  • 100Days on Market
This vacation rental ''The Glam House'' is an investors' dream with a projected cap rate of 4% for 2021. Located in a cul-de-sac with views of the waterway and ocean, this home has been completely customized to be functional and stylish in both renovation and decor by current owner, hence the name ''The Glam House.'' The owners have been meticulous about maintaining and updating the home over the years to keep the integrity of the vacation rental business. The home features an open floor plan and large chef's kitchen, perfect for entertaining and beach rental. This 4 bedroom, 5 bath home offers a welcoming place for family and friends to gather. First living level features full bath, living room, kitchen, dining room and spacious den, both currently being used as a playroom and game room. The second floor features the primary suite including an outdoor bathtub and outdoor jacuzzi, with panoramic views of the waterway. Two additional guest rooms with connected bathrooms are also located on the 3rd floor. The ground floor features as a fully functional living space including a bedroom, full bath, living area, and kitchen. Ground floor leads to the gorgeous pool, large walk-in storage rooms for all your beach essentials, 2 outdoor showers, and more. So far, through August of 2021, The ''Glam House'' vacation rental will produce nearly $100,000 in revenue with profits over $65,000 after expenses. Unlike most VRBO & AirBnB's this home has holiday themed rentals to help rental income continue during the off season. Current property management information by owner will be passed on to new owners for easy transition into the rental market. This includes cleaning services, preparation, restock, alarm system, and ownership of Airbnb and VRBO marketing materials and account information. This home price includes all furniture (minor exclusions) and decor.
Neighborhood Sandy Ridge
Home Type Single Family Residence
Year Built 2005
Acreage 0.26
Square Feet 4038.00
$ / SqFt $446
Bedrooms 4
Full Baths 5
Half Baths
Garage Spaces 1.00
Detached Garage Spaces 0.00
Waterfront Yes
Water View Yes
Water Features ICW View,Marsh Front,Sound Front,Sound View
Detached Garage Spaces 0.00
Exterior Features Outdoor Shower
Fencing Wood
Lot Water Features ICW View,Marsh Front,Sound Front,Sound View
Pool / Spa Hot Tub,In Ground
Porch / Balcony / Deck Balcony,Covered,Deck,Enclosed,Open,Patio,Porch,Screened
Road Type Front Paved
Roof Type Shingle
Applicance
Attic
Basement
Cooling System Central
Dining Room Combination,Kitchen
Fireplace 1
Flooring
Heated Sq Ft 4000 - 4499
Heating System Electric
Interior Features 2nd Kitchen,9Ft+ Ceilings,Ceiling - Vaulted,Ceiling Fan(s),Furnished,Hot Tub,Reverse Floor Plan,Walk-in Shower,Walk-In Closet
Laundry Location Basement
Master Location Non Primary Living Area
# of Rooms 19
Stories 3rd Floor Unit
School District
Elementary School
Middle School Topsail
High School Topsail
Flood Zone
Cobra Zone No
Stipulation of Sale None
Tax Year 2020
Terms Cash,Conventional,VA Loan
Zoning R5
HOA No
HOA Fees 0
HOA Phone

Listing Courtesy of Ivester Jackson Coastal LLC

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