Listing Details For 46002 Ocean Drive in Buxton

Closing Price:
$599,000
46002 Ocean Drive, Buxton, NC 27920
3 bd
2 ba
2058 sq ft
MLS #: 125452
Status: Closed

Sold Details

Status: Closed
Sold Price: $580,000.00
Closing Date: 9/20/2024
Contract Date: 8/19/2024
Seller Concessions: Yes
Concession Comments: Buyer's credit $16,500
Total Days on Market:
Cumulative Days on Market: 117
Due Diligence Date: 9/2/2024

Listing Information

Area: Buxton Oceanside
Mls Status: Closed
Days On Market: 117
Cumulative Days On Market: 117
Listing Price: $599,000
Original Listing Price: $699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/23/2024
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: 2058
Total Living Area Sq Ft: 2058
Asking Price Per SqFt: $291.00
Heated Living Area Sq Ft: 2058
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1992
Garage: Carport
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Parking: Off Street
Foundation: Piling
Pool: No
Cooling: Central Air, Heat Pump
Heating: Electric, Heat Pump
Room Type: Loft
Flooring: Ceramic Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Cape Hat Seashr
Deed Book: 1355
Deed Book Page Number: 0294
County Pin Number: 053608898466
Price Change: 9/22/2024
Road Surface: Private

Lot Details

Lot Size Acres: 0.15
Lot Size Square Feet: 6500
Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $3,399.00
Flood Zone: AE,VE
Water Source: Municipal
Contract Status Change Date: 9/23/2024
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: Composite Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Dry Entry
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

There is no rental income information available

Listing Agent Remarks

Experience the ultimate in oceanfront living with this exquisite property in Buxton with unparalleled ocean views from every level. Upon entering, you'll find three tastefully decorated bedrooms on the first level. The king en suite bedroom opens to a deck with a relaxing swing, perfect for soaking in the ocean vistas. A queen bedroom and a bedroom with two single beds share a full bathroom. This level provides the comfort and privacy needed for restful nights. Upstairs, the open living, dining, and kitchen area is bathed in natural light from the surrounding windows, framing the stunning ocean views. Step out onto the sundeck to enjoy the sea breeze and watch your loved ones on the beach. This level also includes a half bathroom for added convenience. A few steps up from the living area, the cozy loft provides extra space to unwind, with a queen sleep sofa, and more incredible views of the ocean. This property has seen significant upgrades, including a fortified roof installed in 2023, a new HVAC system in 2019, refreshed decks in 2016, and updated windows, siding, and doors in 2020. These updates ensure the home is well-maintained, energy-efficient, and built to last. Mermaid's Rest isn't just a beautiful home; it's also a proven income generator, producing over $73,000 in rental income in 2023 and already securing $68,000 for 2024. This makes it an excellent investment opportunity, with a history of steady rental income. Beyond the property, Buxton offers a range of local attractions. You can enjoy delicious ice cream, dine at nearby restaurants, visit the historic lighthouse, and have fun at the arcade. With shops and other amenities within walking or biking distance, you'll always find something to do in the area. Don't miss your chance to own a piece of paradise in Buxton. Schedule a visit today and experience Mermaid's Rest for yourself. This oceanfront gem awaits you with breathtaking views, modern upgrades, and consistent rental income.

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 46002 Ocean Drive in Buxton 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 46002 Ocean Drive in Buxton 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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