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46002 Ocean Drive #Lot 39, Buxton, NC 27920


3 Beds

2 Baths

SqFt

Closed

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.

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Property Details
Price$599,000
Close Price$580,000
Bedrooms3
Full Baths2
Half Baths1
Total Baths2
Property StyleCoastal,Cottage
Lot Size Area6500
Property TypeResidential
Sub typeSingleFamilyResidence
MLS Sub typeSingle Family - Detached
FeaturesAll Window Treatments,Ensuite
Exterior FeaturesBeach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Dry Entry
Year Built1992
SubdivisionCape Hat Seashr
ViewOcean
RoofFORTIFIED™ Roof
HeatingElectric,Heat Pump
FoundationPiling
Lot DescriptionBeach Frontage
Parking DescriptionCarport
Geographic Data
CountyDare
Latitude35.264681
Longitude-75.518939
Market AreaBuxton Oceanside
Address Information
Address46002 Ocean Drive #Lot 39, Buxton, NC 27920
UnitLot 39
Postal Code27920
CityBuxton
StateNC
CountryUnited States
Listing Information
Listing OfficeMidgett Realty - Rodanthe
Listing Office Phone252-996-0124
Listing Office Emailvacations@midgettrealty.com
Listing AgentTrisha Midgett
Listing Agent Phone252-996-0124
TermsCash
Virtual Tour Urlhttps://drive.google.com/file/d/10i0uCb4p1Za8wmLflPRiPpo98ICxEHNW/view?usp=sharing
MLS® Information
Days on market117
MLS® StatusClosed
Listing DateApr 24, 2024
Listing Last ModifiedSep 23, 2024
Tax Year2024
Tax Annual Amount3399
MLS® AreaBuxton Oceanside
MLS® #125452

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