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Listing Details For 101 Settlers Lane in Duck

Asking Price:
$2,800,000
101 Settlers Lane, Duck, NC 27949
8 bd
8 ba
0 sq ft
MLS #: 127842
Status: Active

Listing Information

Area: Duck Westside
Mls Status: Active
Days On Market: 1
Cumulative Days On Market: 1
Listing Price: $2,800,000
Original Listing Price: $2,800,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 1/6/2025
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 10967
Total Living Area Sq Ft: 10967
Asking Price Per SqFt: $255.00
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 4
Year Built: 1998
Garage: 2 Car
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator, Wine Cooler
Roof: Asphalt
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Cedar Closet(s), Pantry, Walk-In Closet(s), Wet Bar
Heating: Heat Pump
Room Type: Conference Room, Foyer, Game Room, Home Theater, Library, Loft, Media Room, Office, Shipswatch
Flooring: Carpet, Marble, Tile, Wood
Construction Materials: Modular (Pre-Fab)

Legal Description

County: Dare
Subdivision: Founders Ridge
Deed Book: 1933
Deed Book Page Number: 0250
County Pin Number: 985920918717
Price Change: 1/5/2025
Road Surface: Paved

Lot Details

Lot Size Acres: 0.87
Lot Size Square Feet: 38000
Lot Features: Corner Lot, Irregular Terrain
Waterfront: None
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $14,813.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 1/6/2025
Estimated Annual Fee Amt: $200.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Exterior: Cement Fiber Board,Shakes,Stone
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Sun Deck,Roof Top Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Lance Miyamoto
Primary Residence: No
HOA Contact Info: miyamotolance@gmail.com

Rental Income

Annual Rental Income: 238000
Rental Performance: 0.085
Owner Rental Income 2024 Amount: 86266
Avertised Income 2024 Amount: 91034
Owner Renatl Income 2023 Amount: 143011
Avertised Income 2023 Amount: 152857

Listing Agent Remarks

Welcome to the Drake at Founders Ridge- a masterpiece of luxury and leisure in the town of Duck, North Carolina! This extraordinary coastal retreat, boasting over 10,000 square feet offers the ultimate blend of sophistication and seaside charm. With sweeping views of both the Atlantic Ocean and Currituck Sound, this estate is a haven for those seeking a truly unique lifestyle or rental property. Situated in the heart of Duck, enjoy walking distance to boutique shopping, fine dining, and charming local attractions. Wake up to breathtaking sunrises over the ocean and wind down with spectacular sunsets over the sound from the homes expansive decks or roof top patio. Enjoy a multitude of event ready spaces, perfect for hosting weddings, corporate retreats, or family reunions, the property features expansive indoor and outdoor event areas. The resort- style amenities truly set this home apart, with a private theater room, home gym, recreation room and large outdoor entertainment spaces around the private pool. This property isn’t just a home; it’s an experience! It's grand scale, thoughtful design, and prime location make it ideal as an investment rental property or a private sanctuary for those seeking the ultimate getaway. Rental projection on file for $238,000 from Booksmart Properties. Schedule your private showing today and prepare to fall in love with this one-of-a-kind estate!

Directions

Heading North, Turn Left on Settlers Lane, house on the Left

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 101 Settlers Lane in Duck is provided courtesy of Keller Williams - Outer Banks Team 1: 252-619-8129. 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 101 Settlers Lane in Duck is no longer available for sale.

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