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$5,500,000

Beds
10
Baths
11.5
sq ft
6,123

5415 Ocean Drive, Emerald Isle, NC 28594

5415 Ocean Drive

Emerald Isle, NC 28594

  • 255 days on market
Introducing Bill Fish - 5415 Ocean Drive, Emerald Isle! A custom built oceanfront 10 BR/11.5 BA single family home just completed in fall 2023. Unpack your bags, slip into your bathing suit & you'll never want to leave! Over 6100 heated square feet of living area designed with room for everyone. Great room sitting area boasts an electric fireplace & reading nooks. In the main kitchen alone you'll find two islands, a 6 burner gas oven, 2 wall ovens, 2 dishwashers, 2 refrigerators, 2 freezers, 3 sinks, 2 wine cooler/beverage units, 2 ice makers, 2 microwaves plus a walk-in pantry. Elevator to all the floors. Want to spread out? Check out the ground level recreational/game room with a 2nd full kitchen, the 15 seat home theater & exercise room (not counted in heated sq footage). The rec room 2nd kitchen provides much convenience for extra food prep with a full sized refrigerator, dishwasher, ice maker, Zline gas stove & microwave. Outside you'll be drawn to the salt water, heatable in-ground pool and hot tub with the ocean just footsteps away. A covered oceanfront gazebo provides a shady reading area. More features include an audio-visual entertainment system, 2 Tesla charging stations, 2 Wilmington gas grills, a hot/cold water exterior shower, 3 Rinnai water heaters, irrigation system, 2 laundry areas with a total of 3 washer/dryer sets & a stand alone ice machine. Bill Fish is a vacation rental destined to be a popular beach home where many memories will be made! Several weeks already booked for the 2024 season. For the full Bill Fish experience, check out the photos, video & 3D Matterport tour.

Details

Property type

Single Family Residence

Est. home value

$1,189,937

Lot size

0.34 acres

Price per sq ft

$899

Year built

2023

Annual property taxes

$3,708.95

Price History

08/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100426117

Price change
$5,500,000
+4.76%
07/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100426117

Listed
$5,250,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100426117

Removed
$5,250,000

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Unknown

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

Coastal Bank & Trust

Loan start date

May 2021

Original loan amount

$1,850,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Credit Line (Revolving)

Seller

Chaanine Ventures Llc

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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7127 Ocean Drive, Emerald Isle, NC 28594

Status: Active

Tomo last checked: 10/18/2024 at 6:15 AM

Listing updated: 09/03/2024 at 4:17 PM

Listed by: Cynthia A Earnhardt, Bluewater Real Estate - EI Phone #: (252) 354-5921

MLS: NorthCarolinaRegional #100426117

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