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(801) 347-1481

John Hunter

110 Dungannon Blvd. Suite 100
Wilmington, NC 28403

727 Ocean Boulevard W, Holden Beach, NC 28462

$889,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,525 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $889,000 List Date: 7/17/2020 Last Modified: 11/12/2024

Description

Already one of the top vacation rental properties at Holden Beach, the owners of A Summer Place are making sure it continues to generate record annual income! This unique investment property provides all the key features and welcome surprises which attract many of the same families years after year. Paid reservations on this 5 bedroom, 5 bath oceanfront property with heated pool have averaged over $100,000 in rental income over the past four years with greater income anticipated in 2020. Here’s why: Not since the original reconstruction 15 years ago have more improvements been made all at one time! Renovations over the winter 2019-2020 include (1) Replacement of all front porch/deck boards and railings. (2) Conversion of all upstairs ceilings from popcorn to smooth (3) Complete remodeling of two of the five full baths with granite counter tops, glass doors and ceramic walls, and for the ultimate experience in convenience (4) an Elevator between downstairs and the main floor. Now you have it! oceanfront, 5 bedrooms, 5 full baths, pool and an elevator! Oh, yes, one of the few garages at Holden Beach, ample paved parking, lots of new furniture and fresh paint. A Summer Place gets better and better, providing more income for you!

Supplements: There is enclosed parking for two cars, new solid wood bedroom furniture, new plush top mattresses and new vinyl plank flooring throughout. Over 2,500 HSF at this near perfect Holden Beach location, all these features make “A Sumer Place” one of the best if not the best buy on the beach!

More Information MLS# 100169497

Building/Ext Features

ud_i_08: 0

Property Interior Info

Total SqFt – Heated (Primary + Separate): 2525 # Rooms: 8 # Baths – Full: 5 # Baths – Half: 0 # Baths – Total: 5 Master Bedroom Level: Primary Living Area Stories: 1 Fireplace Y/N: No SqFt – Heated (Primary): 2525 # Bedrooms: 5

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Auction: No List Price/SqFt: 356.04 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2019-06-07 Listing Price: 899000 Current Price: $889,000

Location Information

City Limits: Yes Marketing City: Holden Beach Island Street #: 727 Street Name: Ocean Street Suffix: Boulevard Post Direction: W County: Brunswick State/Province: NC Zip Code: 28462 Subdivision: Holden Beach Geo Lat: 33.909014 Geo Lon: -78.320066

Remarks and Showing

Sign on Property: Yes Directions to Property: From Shallotte, take Highway 130 – Holden Beach Road to cross Holden Beach Bridge over the ICW. Turn right on Ocean Blvd West. Go past pier to 700 block. Property is on your left with pool alongside driveway.

Property Exterior Info

New Construction: No Lot Acres: 0.3 Lot Dimensions: 250 x 50 Lot SqFt: 13068 Waterfront: Yes Waterview: Yes Location Type: Island

Legal & Taxes

Tax Assessed Value: 726950 Deed Book: 1782 Deed Page: 166 Legal: L-45-46 S-B PLAT 2.5/130 Broker Owner: No PID: 246BB016 Tax Identifier: 246bb016 Plat Book: 2 1/2 Plat Page: 130 Special Assessments: None Tax Year: 2018 Zoning: R1 HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes School District: Brunswick

Rental Information

Total Actual Rent: 10736300

Garage & Parking

Attached Garage Spaces: 1 Detached Garage Spaces: 0 Total # Garage Spaces: 1 Total Carport Spaces: 0 Driveway Spaces: 4

Parking Features

On Site: 1 Paved: 1

HOA and Neigh Amenities

See Remarks: 1

Frontage Type

Oceanfront: 1

Handicap Accessible

Elevator: 1

Construction

Wood Frame: 1

Exterior Features

Outdoor Shower: 1

Exterior Finish

Fiber Cement: 1

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Foundation

Pilings: 1

Flooring

Vinyl: 1 See Remarks: 1

Patio and Porch Features

Covered: 1 Deck: 1 Porch: 1 See Remarks: 1

Pool Features

Hot Tub: 1 In Ground: 1 See Remarks: 1

Roof

Composition: 1

Levels

Two: 1

Road Type/Frontage

Paved: 1

Cooling

Central Air: 1

Heated SqFt

2400 – 2599: 1

Heating

Heat Pump: 1

Water Heater

Electric: 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Appliances/Equip

Built-In Microwave: 1 Dishwasher: 1 Dryer: 1 Electric Oven: 1 Ice Maker: 1 Refrigerator: 1 Washer: 1

Interior Features

Furnished: 1 Walk-in Shower: 1

Security Features

Smoke Detector(s): 1

Laundry Features

In Hall: 1 Laundry Closet: 1

Dining Room Type

Combination: 1 Kitchen: 1

Rooms

Bedroom 3: 1 Bedroom 3 Level: First Bedroom 4: 1 Bedroom 4 Level: First Bedroom 5: 1 Bedroom 5 Level: Ground Family Room: 1 Family Room Level: Ground Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First

Legal Taxes

Year Built: 1977

Status Change Info

Under Contract Date: 2020-08-24 Sold Price: $889,000 Sold Date: 2020-09-18

Property Features

Frontage Type: Oceanfront Handicap Accessible: Elevator Construction: Wood Frame Exterior Features: Outdoor Shower Exterior Finish: Fiber Cement Fencing: None Foundation: Pilings Parking Features: On Site; Paved Patio and Porch Features: Covered; Deck; Porch; See Remarks Pool Features: Hot Tub; In Ground; See Remarks Roof: Composition Levels: Two Cooling: Central Air Heating: Heat Pump Water Heater: Electric Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Flooring: Vinyl; See Remarks Interior Features: Furnished; Walk-in Shower Security Features: Smoke Detector(s) Laundry Features: In Hall; Laundry Closet Heated SqFt: 2400 – 2599 Dining Room Type: Combination; Kitchen HOA and Neigh Amenities: See Remarks Rooms: Bedroom 3; Bedroom 4; Bedroom 5; Family Room; Kitchen; Living Room; Master Bedroom Terms: Cash; Conventional

Room Information

Master Bedroom Level: First Master Bedroom Level: First Bedroom 3 Level: First Bedroom 4 Level: First Bedroom 5 Level: Ground Living Room Level: First Family Room Level: Ground Kitchen Level: First
Listing Office: Hauser Real Estate
IDX
Last Updated: November – 12 – 2024
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