Listing Details For 188 Ocean Boulevard in Southern Shores

Closing Price:
$3,499,000
188 Ocean Boulevard, Southern Shores, NC 27949
9 bd
7 ba
5032 sq ft
MLS #: 115980
Status: Closed

Sold Details

Status: Closed
Sold Price: $3,445,000.00
Closing Date: 2/14/2022
Contract Date: 12/27/2021
Seller Concessions: Yes
Concession Comments: Price was reduced by $5K from original contract price for buyer to address a few repair items.
Total Days on Market:
Cumulative Days on Market: 210

Listing Information

Area: Southern Shores Oceanside
Mls Status: Closed
Days On Market: 210
Cumulative Days On Market: 210
Listing Price: $3,499,000
Original Listing Price: $3,499,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 2/14/2022
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5032
Asking Price Per SqFt: $695.00
Heated Living Area Sq Ft: 5032
BedroomsTotal: 9
Bathrooms Full: 7
Bathrooms Partial: 3
Year Built: 2017
Garage: 3 + Car,Carport
Architectural Style: Nags Head, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Stackable Washer/Dryer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool, Private
Builder Name: Randy Saunders
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Heat Pump, Zoned
Room Type: Foyer, Game Room, Home Theater, Media Room, Pantry, Utility Room
Flooring: Carpet, Plank, Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 3
County: Dare
Subdivision: Southern Shores
Subdivision Name: SO/SH AMENDED PLAT B SEC 3
Deed Book: 2469
Deed Book Page Number: 340
County Pin Number: 986819617280
Price Change: 2/13/2022
Block: 27
Road Surface: Paved
Association Amenities: Boat Ramp, Common Area, Ocean Access, Playground, Park, Sound Access

Lot Details

Lot Size Acres: 0.59
Lot Size Dimensions: 77 x 352 x 75 x 335
Lot Size Square Feet: 25764
Lot Features: Beach Frontage, Easement(s), Level, Waterfront
Lot Faces: W
Water Frontage: 75
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $18,729.00
Home Oner Insurance Expense: 7750
Flood Zone: AO,VE
Flood Insurance Expense: 4592
Other Insurance: 1800
Water Source: Municipal
Yearly Water Expense: 1300
Other Yearly Expense: 1500
Yearly Expense: Actual
Yearly Elecric Expense: 8000
Yearly Cable Tv Expense: 3250
Contract Status Change Date: 2/14/2022
Estimated Annual Fee Amt: $95.00
Sewer: Septic Tank
Septic Fee: 600
Association Fee Includes: Common Insurance, Walkways
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Listing Restrictions: Variable Rate Comp
Exterior: Lap Siding,Wood
Extras: Beach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Southern Shores Civic Assoc
Primary Residence: No
Street Frontage : 77
HOA Contact Info: https://www.sscaobx.org/

Rental Income

There is no rental income information available

Listing Agent Remarks

Endless Summers....we all want them and now you can make it a reality. This Coastal Retreat is making over 314,000 in 2021 and guests rave about all it offers year after year. A True Luxury Beachfront Estate with High Quality Finishes and styled after a Craftsman feel with a beachy, elegant and charming flavor...a little twist to capture everyone's ideal style! Walking in you are instantly in a Laid back state of mind as the swanky mixes of character and charm create an atmosphere with all of the ideal elements needed in a beach home. Quality-Aura-Views and Income !! Located on a large Ocean Front Lot on the beach road split in Southern Shores and known as a quiet area that's tucked away from the crowds. Built with pride by RM Saunders as a Luxury Beachfront Estate with High Quality Offering an exquisite feel with high caliber finishes throughout, including impressive Cathedral Ceilings, Exposed Beam Decks, top notch Trim, Stainless Steel Cable Rails, LP Smart Siding, Imported Tile Plank Flooring, Walk in Tiled Showers, Grand Fixtures, 3 Floor Elevator, Oversized Luxury Kitchen, Stylish Furnishings, Large Theatre Room with Plush Seating, Game Room, Flat Screens in all bedrooms and living areas, Large Bar and Kitchenette that feels more like a full kitchen...it keeps going. The Views... ours are the best in town with two ultra wide floors of Solid Atlantic Ocean Views and weather proofed Covered deck spaces to enjoy the Salt Air and Sunrises! The Interior appeal is accentuated in the home's abundant natural lighting. The light coastal colors really Pop in the abundance of light that comes through the oversized solid picture windows. An Architectural design sure to impress your most discerning clients. Outside Living... We all crave it and this one has plenty of it. Beyond the decks, this home was designed with a ground level covered area that offers an abundance of outdoor living spaces with plenty of sun, shade and ocean breezes. An outdoor game area with exterior furnishings, Extra large storage room for beach equipment or owner lock up and a half bath off the outside shower. The irrigated multitude of Green yard spaces allow your guests, dogs and family something to to make memories on. Its rare to find usable yard space on an Ocean Front - just another thoughtful concept to the overall design blending the yard space and home into the pool and waterfall area perfectly. Home produces Big Income and 2021 has confirmed rent at $314,000plus !! Call me or your broker to see the cash flow proforma creating a positive 50,000 + per year. Location, Stylish, Condition, and solid income equals a big win in this market. The Outer Banks secret is out and Inventory of high end homes is minimal. Come see why so many have purchased here this year... The white sand beaches of Southern Shores have a peaceful feel and offer a variety of great sandbars. Our shores offer world class inshore and offshore fishing as well as some of the best Surfing the East Coast Offers. Call me today for a private tour. Shown on turnover day only. Copy and paste the following into your browser for the Virtual Tour!! https://www.dropbox.com/sh/2wbuvdd27gv1we1/AABMeuWYsJXpvrr-x5pSU_hBa?dl=0&preview=188+Ocean+Blvd+Full+UNBRANDED.mp4

Directions

Take the Old Split to stay right on Ocean Blvd and travel half way up. Between Dolphin Run and Dogwood Trail.

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 188 Ocean Boulevard in Southern Shores is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 188 Ocean Boulevard in Southern Shores 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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