Listing Details For 40347 Ocean Isle Loop in Avon

Closing Price:
$2,500,000
40347 Ocean Isle Loop, Avon, NC 27915
8 bd
7 ba
5800 sq ft
MLS #: 119054
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,450,000.00
Closing Date: 1/13/2023
Contract Date: 12/5/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 192

Listing Information

Area: Avon Oceanside
Mls Status: Closed
Days On Market: 192
Cumulative Days On Market: 192
Listing Price: $2,500,000
Original Listing Price: $2,775,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/13/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5800
Asking Price Per SqFt: $431.00
Heated Living Area Sq Ft: 5800
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 3
Year Built: 2003
Garage: None
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Heating: Electric, Forced Air, Heat Pump
Room Type: Game Room, Office
Flooring: Carpet, Tile, Laminate
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Ocean Isle Esta
Deed Book: 2214
Deed Book Page Number: 0664
County Pin Number: 064014321795
Price Change: 1/12/2023
Road Surface: Paved
Association Amenities: Board Walk, Ocean Access

Lot Details

Lot Size Acres: 0.4
Lot Size Square Feet: 17500
Lot Features: Waterfront
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $11,856.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 1/13/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Outside Shower,Sun Deck,Tiki Bar
Fuel Tanks: Leased
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

There is no rental income information available

Listing Agent Remarks

Once you experience this oceanfront retreat and prime Ocean Isle Estates location, you will see why Walkin' On Sunshine is the perfect name for this Avon rental machine. This home sits behind a protected double dune line and conveniently right beside the walkway to the beach. Located in the middle of Avon, this 8 bedroom, 7 full and 3 half bathrooms has all of the amenities to satisfy guests year after year. The home was custom built for the seller and has one of the best top level floor plans we have seen that offers a massive kitchen with dual appliances, ice maker and wine cooler, granite island, and soaring ceilings. The large dining and living area are oceanfront with excellent views of the 88' wide site. The top level also offers a sunroom, fireplace and wrap deck for east and southern exposure. Six of the bedrooms are masters and there are multiple half baths with two outside showers. The home has an elevator, game room, entertainment room with large flat screen for movies, sauna, and the back yard is the perfect place to relax with the heated pool, tiki lounge, putting green and hot tub. The roof, most of the siding, HVAC Compressors, ice machine and some dishwashers and water heaters were replaced within the past 3-4 years. Owner rental income for 2021 was $241,232, 2022 stands at $245,537, and a rental projection is on file for $245,000-$255,000 for next season. The adjacent vacant lot just sold for $1,030,000. This is an amazing home and location!

Directions

NC 12 south to Avon, left on Ocean Isle Loop.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 40347 Ocean Isle Loop in Avon is provided courtesy of NC 12 Realty carla@nc12realty.com. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 40347 Ocean Isle Loop in Avon is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.

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