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387 W First Street, Ocean Isle Beach, NC 28469

$4,775,000
Property Type: Residential Bedrooms: 10 Baths: 10 Square Footage: 5,022 Lot Size (sq. ft.): 18,731 Status: Active
Current Price: $4,775,000 List Date: 9/04/2024 Last Modified: 4/15/2025

Description

This breathtaking, three-story oceanfront home can generate over $400,000 in rental income in a year! This home offers the ultimate beachside retreat, perfectly designed for large families, group getaways, or events. With 10 spacious bedrooms, 8 full baths, and 2 half baths, this home ensures that every guest has room to relax and enjoy the stunning coastal surroundings. From the moment you arrive, you'll be greeted by the grandeur of this expansive property, which features large Smart TVs in every bedroom and common area, allowing for seamless entertainment throughout. The home's exceptional amenities include a heated pool, outdoor kitchen with two gas grills, outdoor shower, lots of decks and covered porches. The main kitchen is equipped with premium appliances including two refrigerators, a full size freezer, 2 sinks, 2 ovens, a 6 burner stove and there is even a beverage station with an ice maker. There are two living areas with Sonos surround sound and ceiling fans throughout the house to provide a refreshing breeze. Enjoy the luxury of having two laundry areas, making it easy to keep up with your family's needs. There is a three stop elevator for those who do not want to take the steps! On the main floor you will find the spacious kitchen and living area that open directly onto the expansive oceanfront deck. The top floor features a beautiful gathering area that leads to another deck with spectacular ocean views plus a serene bedroom suite with a king bed, walk in shower and a separate soaking tub - an ideal retreat for relaxation. This exceptional property has it all, offering luxurious, comfortable living and unparalleled views in one of the most desirable locations! Don't miss your chance to invest in this incredible home!

Supplements: Each level of the home includes a family room, offering multiple spaces for relaxation and entertainment. Whether you are enjoying a quiet morning coffee or hosting a lively evening gathering, there is plenty of room for everyone to spread out and relax. Step outside to experience the ultimate outdoor oasis. The property features a private salt water swimming pool with a spa, creating a luxurious and relaxing atmosphere. The pool area is the perfect spot to soak up the sun, enjoy a refreshing swim, or relax in the bubbling jacuzzi. Underneath the house, you will find two outdoor storage closets for all your beach toys and a large grilling area, perfect for entertaining guests and hosting barbecues. There is a 14 foot bar and serving station making outdoor dining easy! Spend time watching your favorite game or tv show on the large flat screen TV by the bar area. This space is ideal for enjoying the ocean breeze and gathering with friends and family while enjoying delicious food and drinks. With the private walkover to the beach, it makes your vacation and home life that much easier. This oceanfront home is equipped with a commercial network that provides a strong WiFi signal throughout the home. There are three Bosch variable speed heat pumps with electronic thermostats with WIFI. Also included are two separate laundry rooms to easily accommodate the 39 people this house will sleep. With this much space, this makes the home a superior income-producing property. Its prime location on Ocean Isle Beach and its luxurious amenities makes it highly desirable for vacation rentals. Whether you are looking for a family retreat or an investment opportunity, this property offers everything you need for a perfect beachside experience. Don't miss the chance to own this exquisite oceanfront property and create unforgettable memories with family and friends or generate substantial rental income!

More Information MLS# 100464466

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Active Delayed Marketing?: No Marketing Start Date: 2024-09-04 Listing Price: 4775000 Current Price: $4,775,000 List Price/SqFt: 950.82 Stipulation of Sale: None

Location Information

Street #: 387 Pre Direction: W Street Name: First Street Suffix: Street County: Brunswick State/Province: NC Zip Code: 28469 City Limits: Yes Marketing City: Ocean Isle Beach Island Subdivision: Islander Resort Secondary Subdivision: N/A Geo Lat: 33.879233 Geo Lon: -78.465153

Remarks and Showing

Directions to Property: Cross the OIB bridge and bear right onto W First St. Turn left onto Dawson St and then right onto W First St. House is on the left. Sign on Property: Yes

Property Exterior Info

New Construction: No Lot Acres: 0.43 Lot SqFt: 18731 Lot Dimensions: 59.92x292.03x64.54x291.11 Waterfront: Yes Waterview: Yes Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 5022 Total SqFt - Heated (Primary + Separate): 5022 # Rooms: 16 # Baths - Full: 8 # Baths - Half: 2 # Baths - Total: 10 # Bedrooms: 10 Master Bedroom Level: Primary Living Area Stories: 3

Legal Taxes

Year Built: 2024

Fuel Tank

Above or Below Ground: Above Ground Fuel Type: Propane Owned or Leased: Owned

Current Service Providers

Electric Provider: Brunswick Electric Internet Service Provider(s): FOCUS

HOA

Association Fee 1/Year: 275 Association Name: CAM Association Phone: 9105795163

Property Features

Frontage Type: Ocean Front Handicap Accessible: Bathroom; Elevator View Type: Ocean View; Water View Attic: Access Only Basement: None Construction: Wood Frame; See Remarks Exterior Features: Gas Grill; Irrigation System; Outdoor Shower; Storm Windows Exterior Finish: Composition; Wood Siding Fencing: Back Yard; Vinyl; Wire Foundation: Pilings Fuel Tank Ownership: Owned Parking Features: Gravel; Off Street; On Site Patio and Porch Features: Covered; Deck; Porch Roof: Metal Trash Collection: City Pick-UP Lot Features: Dunes; Level Lot Water Features: Ocean Side Cooling: Central; Zoned Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Natural Gas Utilities: Municipal Sewer; Municipal Water Fireplace: None Flooring: LVT/LVP; Tile Furnished: Furnished Interior Features: 1st Floor Master; 9Ft+ Ceilings; Blinds/Shades; Ceiling Fan(s); Elevator; Furnished; Home Theater; Kitchen Island; Pantry; Security System; Smoke Detectors; Walk-in Shower; Walk-In Closet; Wet Bar Laundry Features: Closet; Room Heated SqFt: 5000 - 5499 Dining Room Type: Combination Other Structures: Outdoor Kitchen HOA and Neigh Amenities: Maint - Roads; Management; Tennis Court(s); Club Membership; Club Membership Terms: Cash; Conventional
Listing Office: Coldwell Banker Sea Coast Advantage
Last Updated: April - 15 - 2025
387 W First Street, Ocean Isle Beach, NC 28469- MLS# 100464466
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