235 Frost Lane, Salter Path, NC 28512
$2,700,000
Property Type:
Residential
Bedrooms:
7
Baths:
8
Square Footage:
4,936
Lot Size (sq. ft.):
21,344
Status:
Closed
Current Price:
$2,700,000
List Date:
1/26/2021
Last Modified:
11/17/2024
Description
TWO separate homes each with a pool -- incredible waterviews and rental income from this gorgeous house with a guest house, both overlooking the ocean and both with their own pool. NO CITY TAXES or beach renewal taxes! Beautiful property that sits atop a natural dune, these homes provide luxury, comfort and wonderful spaces to gather with family and friends -- it is no wonder that they are called the Dream Maker (main house) and Memory Maker (guest house). HUGE opportunity - your family can enjoy both homes, use one and rent one, or use both as income-producing investments. The homes are currently on the rental market and rent separately, creating two streams of income. The main house is 3 stories with an elevator featuring 7 bedrooms, 7.5 baths, spacious living areas, home theater, game room with kitchenette on the first floor and ample decking. The guest house offers 3 bedrooms, 3 full baths, spacious living areas, family room, patio and deck to extend the living space. This property is adjacent to the former Roosevelt Heirs land that was gifted to the State of North Carolina which is a part of the Salter Path history (see documents). Great rental history and potential: the 2020 combined rental income of $232,686 / year +/- Please see documents for rental history and the vacation rental addendum. Special note: exterior is IFC - insulated concrete forms that have 200+ mph wind load, impact windows and R-50 insulation factor in the walls for safety, security and energy efficiency.
More Information MLS# 100229926
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Closed
Marketing Start Date: 2020-08-03
Auction: No
Listing Price: 2900000
Current Price: $2,700,000
List Price/SqFt: 392.69
Stipulation of Sale: Standard
Location Information
Street #: 235
Street Name: Frost
Street Suffix: Lane
County: Carteret
State/Province: NC
Zip Code: 28512
City Limits: No
Marketing City: Salter Path
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.687607
Geo Lon: -76.883717
Remarks and Showing
Directions to Property: Hwy 58 to Salter Path; take Frost Lane on the oceanside to the end towards the ocean
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.49
Lot SqFt: 21344
Lot Dimensions: Plat map under documents
Waterfront: No
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 4936
SqFt - Heated Separate: 2449
Total SqFt - Heated (Primary + Separate): 7385
# Rooms: 13
# Baths - Full: 7
# Baths - Half: 1
# Baths - Total: 8
# Bedrooms: 7
Master Bedroom Level: Primary Living Area
Stories: 3
Legal Taxes
Year Built: 2006
Status Change Info
Under Contract Date: 2021-01-28
Sold Price: $2,700,000
Sold Date: 2021-04-05
Fuel Tank
Above or Below Ground: Below Ground
Fuel Type: Propane
Owned or Leased: Owned
Current Service Providers
Electric Provider: Carteret-Craven EMC
Water Provider: Bogue Banks Water Corp
Separate Living Spcs
Guest House Desc: 3 beds/3 baths/pool
Rental Information
Gross Income: 232686
Property Features
Handicap Accessible: Elevator
View Type: Ocean; Water
Attic: None
Basement: None
Construction: Concrete; Wood Frame
Exterior Features: Outdoor Shower
Exterior Finish: Stucco; Vinyl Siding
Fencing: Full
Foundation: Slab
Fuel Tank Ownership: Owned
Green Bldg Features: Energy Star Appl; High Eff Toilets; LED Lighting; Sealed Attic
Parking Features: On Site; Paved
Patio and Porch Features: Covered; Deck; Open; Patio
Roof: Composition; Shingle
Lot Features: Dunes
Lot Water Features: Ocean Side
Cooling: Central Air
Heating: Heat Pump
Sewer: Septic Tank
Water Source: Well
Fireplace: 1
Flooring: Carpet; Tile; Wood
Interior Features: Blinds/Shades; Ceiling Fan(s); Central Vacuum; Elevator; Furnished; Gas Log; Home Theater; Walk-in Shower; Walk-In Closet(s); Wet Bar
Laundry Features: Hookup - Dryer; Hookup - Washer
Heated SqFt: 4500 - 4999
Dining Room Type: Combination
Other Structures: Shower
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional
Listing Office: Keller Williams Crystal Coast
Last Updated: November - 17 - 2024
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