4238 Island Drive $1,299,900

MLS#: 100165569
Address: 4238 Island Drive
City / Zip: North Topsail Beach, NC 28460
Type: Residential / Single Family Residence

43x328

Lot Size

8

Bedrooms

6

Bathrooms

Overview

Click the main image above for larger images

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!

Mapp

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features

      • 9Ft+ Ceilings
      • Ceiling - Vaulted
      • Ceiling Fan(s)
      • Elevator
      • Furnished
      • Hot Tub
      • Reverse Floor Plan
    • Rooms

      • Bedroom 3
      • Bedroom 4
      • Bedroom 5
      • Bedroom 6
      • Bedroom 7
      • Bedroom 8
      • Dining Room
      • Kitchen
      • Laundry
      • Living Room
      • Master Bedroom
      • Other
    • Cooling

      • Central
    • Heating

      • Heat Pump
    • Fireplace

      • 0
    • Roof

      • Shingle
    • Exterior Features

      • Gas Grill
      • Outdoor Shower
      • Wood Frame
    • Parking

      • Lighted
      • Off Street
      • On Site
      • Paved

This listing is provided courtesy by Treasure Realty II

Want To Know More About This Listing?

Fill out the form below to get more information.

*
*
*
*
*

Additional Information

Subscribe Retire Carolina

SUBSCRIBE TO OUR NEWSLETTER