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$279,000

Beds
1
Baths
1.0
sq ft
275

180 Irvin Garrish Highway Unit 107, Ocracoke, NC 27960

180 Irvin Garrish Highway Unit 107

Ocracoke, NC 27960

  • 7 days on market
The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed staying at The Anchorage for decades, eating at SmacNally's, using the Marina, & renting golf carts from our on-site cart rental business (all a short walk away), relaxing in the swimming pool & on the tanning deck, using the deep-water docks w/ large boat slips in the Silver Lake Harbor, & much more! Under new ownership, The Anchorage has been renovated & condominiumized, giving you the opportunity to own an income-producing inn room with a deep-water boat slip, all at a price consistent with that of a small slice of raw land here on the Island! Unit 107 is on the ground level, giving you level-entry access & harbor views! The Anchorage units come freshly-painted & newly-outfitted with new furniture, new beds, new appliances & new decor - all purchased & paid-for by the Owner! Crown Management is the new on-site property manager; they handle all marketing, reservations, guest services, & accounting for the vacation rentals. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the Anchorage POA. Each unit is expected to net between $22k - $25k after deducting the POA dues - which covers building maintenance (interior & exterior), landscaping, ALL utilities (power, water, cable, internet), & the insurance for each property owner, master insurance policy for the OA & common areas, AND the flood insurance policies for the property & each unit! (before Crown Management's STR fees). The Anchorage sits on one of the higher properties on Ocracoke Island. Until Hurricane Dorian, the property had never flooded & hasn't since. Minimal water came in during Dorian (less than 1''), and was in & out in minutes. You can use or rent the deep-water boat slip - a short walk away. Many 2025 Spring, Summer & Fall dates are fully-booked! Buy now & inherit these lucrative reservations!

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$1,015

Year built

1982

Annual property taxes

$703

HOA fee

$4,705

Price History

03/11/2025
NorthCarolinaRegional

NorthCarolinaRegional #100493602

Listed
$279,000

Schools & Community

Elementary school: 

Ocracoke

Middle school: 

Ocracoke

High school: 

Mattamaskeet

Community features: 

Pool

Status: Active

Tomo last checked: 03/19/2025 at 3:35 AM

Listing updated: 03/16/2025 at 8:12 PM

Listed by: Bill Rich, The Rich Company of Ocracoke Phone #: (252) 333-2596

MLS: NorthCarolinaRegional #100493602

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