Active

387 W First Street

Ocean Isle Beach NC, 28469

$4,999,000


$995.42 per sqft

Active

10 Beds

10 Baths

5,022 sqft

Residential

Built in 2024

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! 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!

100464466

MLS ID

September 4, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

10


Total Bathrooms

10


Full Bathrooms

8


Half Bathrooms

2


Interior Features

Kitchen Island, Elevator, Master Downstairs, 9 Ft Ceilings, Ceiling Fan(s), Furnished, Home Theater, Pantry, Walk-in Shower, Wet Bar, Walk-In Closet(s)


Appliances

Freezer, Washer, Vent Hood, Stove/Oven - Gas, Refrigerator, Ice Maker, Dryer, Double Oven, Disposal, Dishwasher, Cooktop - Gas, Bar Refrigerator


Laundry Description

Laundry Closet, Inside


Floor Description

LVT/LVP, Tile


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Electric, Heat Pump

Exterior/Building Features

Lot Size

0.43 Acres


Exterior Features

Outdoor Shower, Irrigation System, Gas Grill


Lot Features

Dunes, Level


Roof

Metal


Sewer

Municipal Sewer


Patio And Porch

Covered, Deck, Porch


Security

Security System, Smoke Detector(s)


Window

Storm Window(s), Blinds

School Information

High School

West Brunswick


Elementary School

Union

Other Property Details

Days on Market

164


Association Fee

$275


Association Fee Frequency

Yearly


Accessibility

Accessible Full Bath


Association Amenities

Maint - Roads, Management, Tennis Court(s), Club Membership


Garage

No


Parking

Gravel, Off Street, On Site


Parking Total

0


View

Yes


View Description

Ocean, Water


County

Brunswick


Water Source

Municipal Water


Pool

Yes


Pool Features

In Ground


Waterfront

Yes


Zoning

AE

Listing History

Date

Event

Price

12/11/2024

Price change

$4,999,000

-8%

Courtesy of Coldwell Banker Sea Coast Advantage with Frances Warner Real Estate Group,
Listing Contact: 910-233-7030 

 

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