Listing Details For 27259 Farrow Drive in Salvo

Closing Price:
$1,150,000
27259 Farrow Drive, Salvo, NC 27972
6 bd
5 ba
3076 sq ft
MLS #: 125663
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,125,000.00
Closing Date: 6/14/2024
Contract Date: 5/26/2024
Seller Concessions: Yes
Concession Comments: $3000 closing credit in lieu of repairs.
Total Days on Market:
Cumulative Days on Market: 15
Due Diligence Date: 6/12/2024

Listing Information

Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 15
Cumulative Days On Market: 15
Listing Price: $1,150,000
Original Listing Price: $1,150,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 6/15/2024
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: 3076
Total Living Area Sq Ft: 3076
Asking Price Per SqFt: $374.00
Heated Living Area Sq Ft: 3076
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2014
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, In Ground, Fiberglass, Private
Builder Name: Carl Worsley
Counter Tops: Quartz
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Game Room
Flooring: Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Farrow Shores
Deed Book: 2410
Deed Book Page Number: 0742
County Pin Number: 065717013960
Price Change: 6/14/2024
Road Surface: Paved, Private

Lot Details

Lot Features: Cul-De-Sac, Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $4,237.00
Home Oner Insurance Expense: 8308
Flood Zone: Shaded X
Flood Insurance Expense: 1024
Water Source: Municipal
Yearly Expense: Actual
Contract Status Change Date: 6/15/2024
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: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
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

Welcome to 'The Great Escape,' a six-bedroom, five-and-a-half-bathroom oceanside retreat in the Farrow Shores neighborhood of Salvo. Situated in a quiet cul-de-sac, steps from the beach, and conveniently close to the Salvo day use area for water sports and fishing, this home promises the ideal vacation getaway. The first floor boasts a laundry area, a fun game room complete with a pool table and wet bar featuring a full-sized refrigerator and TV, as well as a cozy bunk room and a full bath. On the mid-level, discover two ensuite bedrooms and two additional bedrooms sharing a jack and jill bath, all granting access to the covered decks. Cathedral ceilings and abundant windows on the top floor allow natural light to flood the kitchen, dining and living room areas making them feel spacious and inviting. Here, guests can enjoy the large chef’s kitchen, a convenient half bath, and the primary ensuite bedroom. Amenities abound, including an elevator accessible from ground level, expansive wrap-around decks, outdoor showers, a soothing hot tub, and a refreshing saltwater pool. With a robust rental income history—$179K owner gross in 2021—and $80K already secured for this year with the potential to make much more, 'The Great Escape' presents an enticing investment opportunity. No matter your vacation home aspirations, 'The Great Escape' promises to exceed expectations, offering a blend of modern coastal charm, comfort, and boundless relaxation.

Directions

From NC 12 Highway in Salvo turn east onto Farrow Drive. Take a right at the end and the house is on the left in the cup-de-sac.

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 27259 Farrow Drive in Salvo is provided courtesy of NC 12 Realty carla@nc12realty.com. 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 27259 Farrow Drive in Salvo 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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