Live in a fairytale wedding estate! Spectacular waterfront wedding venue that could be the most amazing family estate.
This sprawling property spans over 5 acres of breathtaking deep waterfront, offering not only a picturesque setting for life's most memorable events but also the ideal backdrop for creating lasting family memories across generations. The square footage and bedroom and bathroom count include three exquisite residential properties described below. The 5 acre waterfront estate also includes a massive enclosed pavilion, a catering kitchen, a conditioned room for flowers, an outdoor bar and indoor bar options as well, trellises, a vine swing with elegant gazebo, fountain, waterfall, fire pits, a stage, a bathroom cottage for events, staff area with reception area for meeting potential guests, multiple outdoor areas for cleaning, storing, sheds, garages, a plush lawn overlooking the private beach with waterfall, hot tub, outdoor kitchen and expansive water views, for truly endless possibilities.
The main dwelling is 2872 sq ft with 2 car garage, 3 bedrooms, 3 baths, Viking and Wolfe appliances, 14' ceilings, tons of natural light, wood floors, office, massive 1st floor master w/ spa bathroom that must be seen to appreciate! The list of features is endless, and this estate home could easily be the main house at a family estate or the highest priced rental at an investment compound.
The ''groom's house'' is an 1180 sq ft cottage with a contemporary living room, fireplace, 2 bedrooms, 2 baths, laundry and a full kitchen downstairs, with kitchenette upstairs too! This home is nestled off on one of the two parcels included in this offering, with room for expansion or additional homes. It is a spacious retreat perfect for a guest house, rental property or inlaw suite.
The 3rd existing home included in the sq ft numbers is ''The Bridal Residence'' which offers two stories of refined living, 3 bedrooms, multiple kitchen areas, balconies over overlooking the water, with every amenity you would expect in a luxury waterfront home. There is a garage, and tons of storage spaces included with this dwelling that is situated next to the main home.
Together these homes offer 8 bedrooms, 8 full bathrooms and over 6100 sq ft of living space... and this is just the beginning!
The grounds are nothing short of magnificent, featuring meticulously manicured landscaping with fountains, fire pits, outdoor fireplaces, and dance floorsideal for wedding celebrations or family gatherings. The 1,800 square foot enclosed pavilion is both heated and cooled, ensuring year-round comfort for any occasion. The pavilion has the potential to become another dwelling as do the other heated and cooled structures. The commercial kitchen already has a bathroom and a spectacular office that would also be an ideal cottage space.
This estate is known for its absolute beauty and has a proven track record as a successful wedding venue, boasting hundreds of five-star reviews and Couples' Choice Awards from Wedding Wire for seven consecutive years. The current owners have built a legacy of excellence, and with some updates, this property could easily be transformed into a premier luxury estate or continued as a thriving business. While the venue is impeccable and an absolute income producer, I felt we needed to offer it as a residential estate as well for those seeking this type of luxury with your own private beach and hundreds of feet of deepwater frontage! The possibilities are truly endless.
The potential for generational living is immense, with plenty of space to add more cottages or rental units, creating a family compound or investment opportunities. The serene environment and extensive amenities make this a unique offering for those seeking a versatile property.
Additionally, the sellers are open to financing options, allowing for 40% down with terms as low as 3.75% interest on the remaining balance. Don't miss this chance to invest in a spectacular waterfront estate that offers unlimited potential for both personal enjoyment and income generation. Whether you envision it as a wedding venue or a luxurious family retreat, this property is ready to fulfill your dreams for generations to come!
Details
Property type
Single Family Residence
Est. home value
$355,856
Lot size
5.0 acres
Price per sq ft
$697
Year built
2012
Annual property taxes
$1,156.05
Price History
08/21/2024
NorthCarolinaRegional #100462026
Listed
$4,250,000
+1093.82%
04/28/2023
NorthCarolinaRegional #100376768
Sold
$356,000
+54.45%
06/28/2021
NorthCarolinaRegional #100274857
Sold
$230,500
Schools & Community
Elementary school:
Roger Bell
Middle school:
Havelock
High school:
Havelock
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
$3,673,227
Asking price
$4,250,000
Closing costs (~8% of asking)
-$340,000
Est. remaining loan balance
-$236,773
Cash to seller
$3,673,227
This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.
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.