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$1,789,000

Beds
8
Baths
5.0
sq ft
4,400

1617 S Shore Dr, Holly Ridge, NC 28445

1617 S Shore Dr

Surf City, NC 28445

  • 189 days on market
    • Price drop $1,000↓
    • Open house Jan 25
Attention investors, discover your future oasis by the sea! Carolina Retreats projects a robust rental income of $215,000. Located in Flood Zone X, no flood insurance is required, offering both peace of mind and cost savings. This expansive 8-bedroom, 5-bathroom home and sleeps 24, built in 2024 in Surf City, offers luxurious coastal living. Spanning 4,400 square feet, this modern masterpiece features Hardie board siding to with stand the elements. The kitchen showcases stunning Dekton Trance countertops, marrying beauty with durability—perfect for hosting and entertaining. Fully furnished throughout, this home is ready for immediate use as a vacation rental, promising a seamless transition and excellent investment potential. There are two large Trex decks—one accessible from the family room and another from the expansive primary bedroom suite. An elevator by Port City Elevators connects all floors for ultimate convenience. Efficiency meets technology with an 18 SEER Bosch HVAC system, each floor independently controlled and managed remotely via an app. Additionally, two 50-gallon water heaters ensure ample hot water supply. Luxury vinyl plank (LVP) flooring flows throughout, blending durability with elegance. Outdoor entertainment options abound with ample space for a potential future pool and a relaxing backyard oasis under the expansive back deck. Don't miss the unfinished space on the top floor with amazing views of the ocean and sound. The upper floor could be converted to an entertainment space to be enjoyed. Built with eco-friendliness in mind, the home boasts an impressively low July electric bill of just $243. Situated 2nd row and walking distance to the beach, this home provides easy access to surf, sand, and sun, making it a prime location for those seeking a perfect coastal retreat.

Details

Property type

Single Family Residence

Est. home value

$1,020,046

Lot size

6,795 sq ft

Price per sq ft

$407

Year built

2024

Annual property taxes

$2,607.99

Price History

01/13/2025
NorthCarolinaRegional

NorthCarolinaRegional #100456266

Price change
$1,789,000
-0.06%
12/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456266

Price change
$1,790,000
+0.06%
10/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456266

Price change
$1,789,000
-0.06%

Schools & Community

Elementary school: 

North Topsail

Middle school: 

Topsail

High school: 

Topsail

Seller’s Loan History

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

Lender

Cooperative Bank

Loan start date

October 2005

Original loan amount

$729,600

Est. remaining balance

Not provided

Interest rate

5.8%

Loan type

Building or Construction Loan

Seller

M K Homes Inc

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?

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Status: Active

Tomo last checked: 01/23/2025 at 6:10 PM

Listing updated: 01/22/2025 at 8:52 PM

Listed by: Kris M Summers, Coldwell Banker Sea Coast Advantage-Hampstead Phone #: (910) 270-8880

MLS: NorthCarolinaRegional #100456266

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