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$2,345,000

Beds
6
Baths
7.0
sq ft
4,950

1010 Ocean Drive, Emerald Isle, NC 28594

1010 Ocean Drive

Emerald Isle, NC 28594

  • <1 day on market
Just steps away from the pristine sandy beach Emerald Isle is famous for, this spectacular custom home is the house you've been waiting for. Enchanting ocean views, high-end finishes, and indoor-outdoor living for the whole family. Whether you're wanting a vacation home or rental property, this beachfront retreat is the perfect blend of luxury and location. This open concept , reverse floor plan was built with thoughtful detail, impeccable taste and has been meticulously maintained by its owner. It's an entertainer's dream featuring a large gourmet kitchen with granite counter tops that opens to a dining area and living room filled with ample light and ocean views. There are touches of ''living in the islands'' throughout the home with Tommy Bahama furnishings, a custom tiki carved fireplace, and Australian Cyprus floors. A covered porch extends the living area and offers breathtaking sunset views and a place to dine alfresco while watching the dolphins swim by. An elevator offers access to all floors and six spacious bedrooms - including 3 master king suites, 1 queen suite, each with ocean views and private deck access. In addition, there are 2 bunk rooms - one with a standard bunk bed and the other with a double/twin bunk bed - each with its own ensuite bathoom, ensuring comfort and privacy for everyone. The main floor offers a large entertainment area complete with TV, pool table, mini kitchen, and a convenient half bath just off the patio. Outside is where the fun begins...just steps from the beach you'll find a swimming pool, hot tub, putting green, outdoor shower and dressing area. The home comes fully furnished and move-in ready. Aloha rents from Memorial Day to Labor Day and grossed in excess of $234,000 in rental income in 2024. With a successful vacation rental history, this property is an ideal investment opportunity or your own personal beach retreat. Come say ''Aloha'' to Crystal Coast living and schedule your showing today.

Details

Property type

Single Family Residence

Est. home value

$2,042,932

Lot size

0.25 acres

Price per sq ft

$474

Year built

2006

Annual property taxes

$5,241.41

HOA

No

Price History

03/13/2025
NorthCarolinaRegional

NorthCarolinaRegional #100494108

Listed
$2,345,000

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Croatan

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,438,088
Asking price
$2,345,000
Closing costs (~8% of asking)
-$187,600
Est. remaining loan balance
-$719,312
Cash to seller
$1,438,088

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2007

Original loan amount

$1,150,000

Est. remaining balance

$719,312

Interest rate

6.16%

Loan type

Not Provided, 30 year

Seller

Pat Patteson and Paula Patteson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 2:20 AM

Listing updated: 03/13/2025 at 1:47 PM

Listed by: Martha G. Martin, Sun-Surf Realty Phone #: (252) 808-5356

MLS: NorthCarolinaRegional #100494108

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