5701 Ocean Drive, E & W

Property 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!

Overview

Property Status

Sold

Date Sold

December 19, 2023

Lot Size

0.29 Acres

MLS ID

100407799

Property Type

Townhouse

Year Built

1987

Features & Amenities

Total Area

5,792 Sq.Ft.

Water Frontage

Deeded Beach Access, Waterfront Comm

View Description

Ocean

Stories

Garage Spaces

4.0

Water Source

Municipal Water

Roof

Architectural Shingle

Lot Features

Dunes

Parking

Concrete, Circular Driveway, On Site, Paved

Heat Type

Electric, Heat Pump

Air Conditioning

Central Air

Laundry Room

Hookup - Dryer, Laundry Closet, Washer Hookup

Appliances

Water Softener, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Dishwasher, Bar Refrigerator

Other Interior Features

Whirlpool, 2nd Kitchen, Vaulted Ceiling(s), Ceiling Fan(s), Furnished, Reverse Floor Plan, Walk-in Shower, Walk-In Closet(s)

Sewer

Septic On Site

Substructure

Other, Slab

HOA Amenities

See Remarks

Security Features

Smoke Detector(s)

Other Exterior Features

Outdoor Shower

Elementary School

White Oak Elementary

Middle School

Broad Creek

High School

Croatan

Sales Price

$2,700,000

Zoning

Residential

Schedule a Tour

I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 5701 Ocean Drive, E & W, Emerald Isle, NC 28594

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