****Att INVESTORS****12.4% GRI Rental Income Potential****LOCATION - LOCATION - LOCATION ...."ESTATE SIZE" ***1+Ac OCEAN FRONT LOT "SIZE" MATTERS***** (FOR PROTECTION AGAINST FUTURE EROSION)******(COMPS $800K - $1M+ Vacant 1+/- Ac Ocean Front lot*)*****$86,520 2018 RENTAL PROJECTION BY SUN REALTY - ATTACHED REFLECTS ADDING Heated POOL & HOT TUB + REMODELING 5 MASTERS + NEW FURNISHINGS, ETC (attached associated docs)******SELLER FINANCING 1st MORTGAGE = 50% 5%/30/5 YR BALLOON (seller may renew if good pay)*** 1+Ac "OCEAN FRONT LOT" (equivalent 7 Ocean Lots *****See Survey 45,473+/- sq ft "OCEAN FRONT" LOT )*****75 ft NC12 x 563 Ft Deep x 83 Wide Ft + 83 Ft Side Easements = 166 ft Wide "OCEAN FRONT" *****with 240 FT "PRIVATE" CONCRETE DRIVEWAY (NC12 To HOUSE)********IT'S ALL ABOUT ONE OF THE BIGGEST "OCEAN FRONT" LOTS ON THE ENTIRE 150+ MILES OF OUTER BANKS..**THIS WAS A RECOMBINATION of ( 7 ) OCEAN LOTS..."FREE" 5 BR (Nice) "OCEAN FRONT" HOUSE..**Recent Remodel***Pellet Stove***(3) Zoned New Heat Pumps***All Furnishing Convey***..."VERY PRIVATE" 1+/- Ac "OCEAN FRONT" BEACH LOT with "BIG DUNE" (No Park Service Line)**83 ft Lot + 83 ft side easements = 166 ft WIDE "OCEAN FRONT" - "PRIVATE BEACH"... x 574 ft deep (irregular = see survey NC 12 to Ocean Water Line ***PRIVATE OCEAN FRONT BEACH**** 45,473+/- sq ft Lot = Equiv 7 lots) *** GARAGE + UNDER HOUSE PARKING***FREE = 5 Br "Nice" House (2,232 sq ft) RESIDENTIAL OR COMMERCIAL OK ZONING S1...****NO HOA**** $$ VALUE IN OCEAN FRONT LOT *******NO HOUSES CAN BE BUILT NEXT TO THIS BECAUSE SELLER OWNS + 83 FT EASEMENT ON ADJOINING OCEAN FRONT LOT IN PERPETUITY (forever) = 166 Ft WIDE "OCEAN FRONT" ******"FREE" Nice 5 Br- Commercial-Residential *ABOVE FLOOD ZONE 17.7 FT (VE 11) Less than price 1+/- Ac Ocean Front Lot. (seller retiring) S-1 Zoning = all uses permitted (one of largest "OCEAN FRONT" LOTS on 150+/- miles Outer Banks NC )Rodanthe NC on Hatteras Island a/k/a "Cape Hatteras National Seashore****50% Seller - 80% Bank Financing "Cash is King" *****$86,520 = 2018+ RENTAL PROJECTION BY SUN REALTY REFLECTS ADDING HEATED POOL+ HOT TUB + REMODEL 5 MASTERS, NEW FURNISHINGS, ETC ...See "AS IS" Rental History in Associated Docs...(2009 = $60,126) + (2008 - 2006 attached) ****** Private Owners = Never Rented)******Can ad pool + Remodel 8-12+ Br Ocean Front Mansion with engineered plan - (3) New Bridges "Under Construction" to Rodanthe will make Special Location w/ No Thru Traffic.Call Broker to Discuss......SEE - Movie "NIGHTS IN Rodanthe" filmed here with Richard Gere & Diane Lane- or read book by Nicholas Sparks...."Nights in Rodanthe" House Nearby (been moved from original location) ***Sellers Have Flood Insurance + Home Owners Insurance Beach Plan *****THIS WAS A RECOMBINATION of ( 7 ) OCEAN LOTS AND DARE CO TAX DATA INCORRECT ..(see letter ASSOCIATED DOC'S from Dare Co NEW ADDRESS )*****NOTE: NCDOT HIGHWAY 12 = 60 FT R/W...NOT 100 FT R/W PER SURVEY....THEREFORE CAN GET 20 FT x 75 ft (150 sq ft) R/W "FREE"... I'VE DONE THIS IS PAST...SEE ATTORNEY FOR ADVISE...CALL ME TO DISCUSS.......***Pellet Fireplace will heat entire house******New Heat Pump******New Remodel**** **New 100 Yr Gateway To Hatteras Island... + New Beach Nourishment Buxton ....all in Process ....See Pictures*****SEE MLS96341 for Ocean Front Lot*****

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 23271 NC 12 Highway in Rodanthe is provided courtesy of Cape Hatteras Realty & Const. . 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 23271 NC 12 Highway in Rodanthe 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.