$1,100,000
For Sale

478 E Third Street

Ocean Isle Beach, NC 28469
1456 sqft | 4 beds | 2.00 baths | 0.12 acres | #100451964
Browse 52 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Step into serenity with this stunning 4-bedroom, 2-bathroom home nestled directly on the pristine shores of Ocean Isle Beach. Offering breathtaking ocean views, this property presents a phenomenal opportunity not only as a private residence but also as a high-potential rental property, historically generating over $100,000 in annual rental revenue.As you enter, you're greeted by an inviting open floor plan that seamlessly connects living spaces to the scenic outdoors, perfect for entertaining or relaxing by the sounds of the waves. Each bedroom is comfortably sized, providing personal retreats for family and guests. Need an extra bed? There is a comfortable loft area with a trundle bed. The bathrooms are well-appointed, blending functionality with style.The kitchen is a joy to cook in with modern appliances and ample counter space, ideal for preparing family meals with a view. Step outside onto the expansive deck, an ideal spot for morning coffees or evening cocktails, all while overlooking the Atlantic Ocean.Living here means more than just enjoying a beautiful home; it's about experiencing a lifestyle of leisure and comfort with the beach as your backyard. Ocean Isle Beach community not only offers a tranquil environment but also brings you close to local shops, dining, and recreational activities, ensuring there's always something to explore.This home is an unparalleled choice for those looking to invest in a life of coastal luxury and profitable rental potential. Don't miss out on the chance to own this incredible beachfront gem. Recent renovations include an IBHS Fortified roof in 2021, New Flooring throughout in 2023 and New HVAC in 2024.Currently in the Inlet Hazard Area and deemed non-rebuildable due to vegetation setbacks on the oceanfront. Likely a cash buy, unless private financing but this is a big performer for investment. Contact the town of OIB for more info on Inlet Hazard and Non-rebuild.

  • Property Details
      • SubdivisionOcean Isle Beach Island
      • Property SubtypeSingle Family Residence
      • RoofSee Remarks, Shingle
      • HeatingForced Air
      • ViewOcean View
      • CountyBrunswick
      • MLS #100451964
      • MLS #100451964
      • Property TypePurchase
      • WaterElectric
      • CoolingCentral
      • Square Feet1456.00
      • Cost1100000
      • Bathrooms2.00
      • Acres0.12
      • ParkingDirt
      • Year Built1981
      • Stories2.0
      • ZoningR-1
      • WaterfrontYes
      • Bedrooms4

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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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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