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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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2068 New River Inlet Rd , North Topsail Beach, NC 28460
$4,898,000
Est. Payment: $10,884.44/mo
16 Bed
18 Bath
8321 Sqft
Status: Active | Days on site: 92
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House Description

Investor Alert - Gross Rental Income Exceeds $600,000 Annually! Rarely does an opportunity like this come to market. Southern Grace is an extraordinary turnkey oceanfront investment property in North Topsail Beach, generating over $600,000 in annual gross rental income with an exceptional, proven rental history. One of the largest homes on Topsail Island, this impressive 8,300+ sq. ft. oceanfront estate offers 16 bedrooms, 16 full ensuite bathrooms, and 2 half baths, comfortably accommodating up to 60 guests. Designed to host unforgettable experiences, the home is perfectly suited for multi-generational family vacations, corporate retreats, weddings, reunions, and other special events. Positioned on an expansive oceanfront lot, Southern Grace showcases breathtaking beachfront views, multiple spacious living and gathering areas, elevator access to every level, and expansive oceanfront and sound-side decks ideal for taking in spectacular sunrises, sunsets, and frequent dolphin sightings. Resort-style outdoor amenities include a private oceanfront swimming pool, tiki bar, generous parking, and direct beach access, creating the ultimate destination for large groups seeking a luxury coastal escape. Offered fully furnished and rental ready, this exceptional estate provides the rare opportunity to step into a thriving income-producing investment while enjoying one of the premier luxury oceanfront properties on Topsail Island.

Highlights

Listed by Joann Marie McDermon , 484-614-1204 and Ashley Davis , 910-777-9392 Better Homes and Gardens Real Estate Treasure , 910-327-4444.

Property Type

Residential

Lot/Acreage
1.11

Year Built

2015

County

Onslow

Neighborhood

Other

School District

Onslow

Listing ID

100575812

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:18
  • Full Bathrooms:16
  • 1/2 Bathrooms:2
Appliances:Mini Refrigerator, Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer, Double Oven, Disposal, Dishwasher
Air Cond:Central Air,Zoned
Fireplaces:
Floor:Carpet,Tile,Wood
Other:
  • Additional:Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Solid Surface, Kitchen Island, Elevator, Furnished, Hot Tub, Reverse Floor Plan, Blinds/Shades
Water:Public

Exterior Features

Lot:Dunes,Deeded Beach Access,Deeded Waterfront,Ocean Side,Fencing: Back Yard,Fencing: Wood
Lot Dimensions:64.79x 746.41x64.65
Garage Capacity:0
Zoning:R-20
Roof:Architectural Shingle
Others:
  • Additional:Outdoor Shower, Gas Grill
Parking Features:Additional Parking,On Site
Principal Interest
$10,884
Taxes
$3,122

Home Price

$4,898,000

Loan Details

30 yrs
%

Down Payment

20%
$979,600
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Monthly Price:
$10,884.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,884.44 $3,122.48 $0.00 $14,006.92
Yearly $130,613.33 $37,469.70 $0.00 $168,083.03
Total $3,918,400.00 $1,124,091.00 $0.00 $5,042,491.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (North Topsail Beach, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.