$1,995,000
For Sale

1502 N Lumina Avenue

Wrightsville Beach, NC 28480
1478 sqft | 2 beds | 2.00 baths | 0.11 acres | #100451954
Browse 54 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment.Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement.The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.

  • Property Details
      • ParkingAdditional Parking, Attached, Concrete, Gravel, Off Street
      • CoolingCentral, Wall/Window Unit(s)
      • Property SubtypeSingle Family Residence
      • WaterNatural Gas
      • SubdivisionNorth Shore
      • CountyNew Hanover
      • HeatingForced Air
      • MLS #100451954
      • MLS #100451954
      • Property TypePurchase
      • Square Feet1478.00
      • RoofShingle
      • Cost1995000
      • Bathrooms2.00
      • Acres0.11
      • Year Built1946
      • Stories2.0
      • ZoningR-2
      • Bedrooms2

Location

Christina CovingtonReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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