1018 Carolina Beach Avenue N $1,700,000

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    1018 Carolina Beach Avenue N Carolina Beach, NC 28428

    • 9 Beds
    • 5 Baths
    • 4,394 sq. ft.
    • Residential
    • MLS# 100236290
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    Views: 354 Days On Site: 164

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    Property Details

    Description Tours

    Looking to enlarge your spacial surroundings? Could a daily view of the sky meeting the horizon over the ocean inspire healthy living, productive work and more outdoor enjoyment? This newly renovated ocean front home provides an enormous amount of open space within and without. What makes this property singularly unique is the option for full time residence on the lower level while earning vacation rental income on the upper levels. In just the 1st year of renting out the top unit and focus on reducing overall expenses including insurance and monthly utilities the sellers have set up a situation for the next homeowner to have the luxury of full time beach life paid for by vacation rental income. They have done the math and we are glad to share it with you. Recent exterior improvements such as Hardie plank siding, hurricane impact doors and windows and new Bronze Fortified Roof provide great storm resilience and lowered maintenance costs. Practical financial considerations covered, take a look at the pictures. The new custom interior finishings on the lower level are stylish and the flexibility of the new enlarged floorpan offer many alternatives for private work areas without infringing on living areas. It is obvious to understand the popularity of the upper level unit as a vacation retreat with the expanse of windows on the ocean front wrapping around to the sides. The panoramic views are glorious and the large open space shared between the living room, kitchen and dining area highlight the visual aspects of living large within the beauty of nature. A great opportunity is available for use of this property as a hybrid residence and vacation rental as well as full rental lower level and top. With over 4400 SF, one can enjoy as a single family home with interior connecting staircase for one family and/or multi generational living. The choices are yours.

    • General Features
      • City Limits Yes
      • County New Hanover
      • Hoa No
      • Cobra Zone No
      • Lot Acres 0.14
      • New Construction No
      • Full Bathrooms 5
      • Half Bathrooms 0
      • Bedrooms 9
      • Square feet 4,394
      • Stipulation of Sale None
      • Subdivision Not In Subdivision
      • Waterfront Yes
      • Waterview Yes
      • Year Built 1980
    • Building Features
      • Flooring Carpet, Tile, Wood
      • Foundation Pilings
      • Interior Features Blinds/Shades, Ceiling - Trey, Ceiling - Vaulted, Furnished, Walk-in Shower
      • Porch Balcony Deck Balcony, Covered, Open, Porch
      • Roof Shingle
      • Water Heater Electric
      • Appliances Equip Cooktop - Electric, Dishwasher, Double Oven, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
      • Basement None
      • Construction Wood Frame
      • Construction Type Stick Built
      • Cooling System Central
      • Exterior Features Storm Windows
      • Fireplace None
    • Property Features
      • Fencing None
      • Lot Water Features Ocean Front, Ocean View
      • Road Type Frontage Maintained,Paved,Public (City/Cty/St)
      • Pool Spa None
    • Schools
      • Elementary School Carolina Beach
      • Middle School Murray
      • High School Ashley

    Contact

    The Rising Tide Team

    The Rising Tide Team

    Team Website

    Lumina Station - Wilmington

    Mobile Phone: 910-620-7178

    Neighborhood

    28428 (Carolina Beach) Demographics

    44 Median Age
    1,267 Population Density (per sq. mile)
    50% College Educated
    $61,660 Estimated Median Income
    1,513 Estimated Total Home Owners
    1,196 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,517 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $405,000 Median Sales Price
    51 Homes Sold
    67 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,700,000 -5.56%
        9/21/2020 4:34:00 AM New in Database Source New Value: $1,800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.