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$329,000

Beds
1
Baths
1.0
sq ft
340

180 Irvin Garrish Highway Unit 308, Ocracoke, NC 27960

180 Irvin Garrish Highway Unit 308

Ocracoke, NC 27960

  • 2 days on market
The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed The Anchorage for decades - eating at SmacNally's, renting golf carts on-site, relaxing in the sun at the swimming pool, using the deep-water docks w/ large boat slips & the Marina - all a short walk away! Under new ownership, The Anchorage has been condominiumized, providing the opportunity to own an income-producing inn room w/ a deep-water boat slip, at prices consistent w/ a small lot on the Island! Unit 308 is on the 3rd level & has 2 valuable bonuses that most other units do not: a larger front porch to enjoy BREATH-TAKING WATER VIEWS, & EXTRA SQUARE FOOTAGE which can be turned into a kitchen! 308 & 309 can be combined for a 608sf 2BA DOUBLE unit, at a HUGE Price Discount! These NEWLY-RENOVATED units come freshly-painted & outfitted w/ new furniture, new beds, new appliances & new decor - all purchased & paid-for by the Developer! Crown Management is the new on-site property manager; handling all vacation rental marketing, reservations, guest services, & accounting. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the POA. Each unit is expected to net between $22k - $25k after deducting POA dues - which cover 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 (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

$968

Year built

1982

Annual property taxes

$703

HOA fee

$4,705

Price History

03/16/2025
NorthCarolinaRegional

NorthCarolinaRegional #100494775

Listed
$329,000

Schools & Community

Elementary school: 

Ocracoke

Middle school: 

Ocracoke

High school: 

Mattamaskeet

Community features: 

Pool

Status: Active

Tomo last checked: 03/18/2025 at 8:50 PM

Listing updated: 03/18/2025 at 5:52 PM

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

MLS: NorthCarolinaRegional #100494775

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