Listing Details For 40471 Ocean Isle Loop in Avon

Closing Price:
$1,400,000
40471 Ocean Isle Loop, Avon, NC 27915
7 bd
7 ba
3962 sq ft
MLS #: 123064
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,300,000.00
Closing Date: 12/4/2023
Contract Date: 10/11/2023
Seller Concessions: Yes
Concession Comments: Buyer credit $10,000
Total Days on Market:
Cumulative Days on Market: 64
Due Diligence Date: 11/10/2023

Listing Information

Area: Avon Oceanside
Mls Status: Closed
Days On Market: 64
Cumulative Days On Market: 64
Listing Price: $1,400,000
Original Listing Price: $1,400,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/4/2023
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3962
Asking Price Per SqFt: $353.00
Heated Living Area Sq Ft: 3962
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2002
Garage: Carport
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Wet Bar
Heating: Central, Forced Air, Heat Pump
Room Type: Game Room, Loft
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Ocean Isle Esta
Deed Book: 2378
Deed Book Page Number: 0948
County Pin Number: 064018226289
Price Change: 12/3/2023
Road Surface: Paved, Private

Lot Details

Lot Size Acres: 0.34
Lot Size Square Feet: 15000
Lot Features: Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $6,740.00
Flood Zone: Shaded X
Water Source: Municipal
Contract Status Change Date: 12/4/2023
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,Shakes
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 156918
Rental Performance: 0.1207
Owner Rental Income 2024 Amount: 85101
Avertised Income 2024 Amount: 95134
Owner Renatl Income 2023 Amount: 138837
Avertised Income 2023 Amount: 155138
Owner Renatl Income 2022 Amount: 140420
Avertised Income 2021 Amount: 156918

Listing Agent Remarks

Welcome to the best of coastal luxury living! This custom-built oceanside retreat nestled in the prestigious Ocean Isle Estates community of Avon exudes elegance and features 7 bedrooms, 7 full baths, and 2 half baths. Every bedroom is an en- suite, 5 of them leading out to expansive decks with stunning vistas. Embrace the ease of living with an elevator that grants access to all floors. Step into the first level, where you will discover a game room with a pool table. The wet bar kitchenette boasts a full-size refrigerator with an ice maker and a microwave and leads out to the covered deck with pool access. This level also accommodates 2 en- suite bedrooms and deck access. Additionally, you'll find a half bath and a laundry room equipped with dual washers and dryers. The middle level welcomes you to three king and one queen en-suite bedrooms and a cozy den, all leading out to covered decks. Ascend to the third level, where an airy and cheerful kitchen with breakfast bar seating, a dining room, half bath, and a spacious living area await. Cooking for a crowd is a breeze with granite countertops and state-of-the-art appliances including dual ranges, dual dishwashers, and a prep sink. The luxurious king en-suite bedroom on this level features a custom-tiled private bathroom with dual vanity sinks, a separate shower stall, and a Jacuzzi. The wrap-around deck showcases mesmerizing views and a loft area provides a serene retreat. Step outside to discover the private in-ground pool with a waterfall, tiki bar, hot tub and fire pit.....a true oasis for relaxation. The home is located within easy access to the private community beach boardwalk for a stroll along the shore. Nearby, you'll find a 4-wheel-drive beach ramp and family-friendly sound accesses for kayaking, kiteboarding, and other water sports. Restaurants, shops, and a grocery store are also just moments away. The Tommy Bahama House presents an exceptional investment opportunity with a remarkable rental history, boasting an impressive $150,000 in rental income. Experience the best of both worlds as you enjoy this luxurious haven while capitalizing on its outstanding rental potential. Seize this rare opportunity!

Directions

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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 40471 Ocean Isle Loop in Avon is provided courtesy of Midgett Realty - Rodanthe C: 252-996-0124. 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 40471 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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