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.
Property Details | ||
|---|---|---|
| Price | $599,000 | |
| Close Price | $580,000 | |
| Bedrooms | 3 | |
| Full Baths | 2 | |
| Half Baths | 1 | |
| Total Baths | 2 | |
| Property Style | Coastal,Cottage | |
| Lot Size Area | 6500 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Single Family - Detached | |
| Features | All Window Treatments,Ensuite | |
| Exterior Features | Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Dry Entry | |
| Year Built | 1992 | |
| Subdivision | Cape Hat Seashr | |
| View | Ocean | |
| Roof | FORTIFIED™ Roof | |
| Heating | Electric,Heat Pump | |
| Foundation | Piling | |
| Lot Description | Beach Frontage | |
| Parking Description | Carport | |
Geographic Data | ||
| County | Dare | |
| Latitude | 35.264681 | |
| Longitude | -75.518939 | |
| Market Area | Buxton Oceanside | |
Address Information | ||
| Address | 46002 Ocean Drive #Lot 39, Buxton, NC 27920 | |
| Unit | Lot 39 | |
| Postal Code | 27920 | |
| City | Buxton | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Midgett Realty - Rodanthe | |
| Listing Office Phone | 252-996-0124 | |
| Listing Office Email | vacations@midgettrealty.com | |
| Listing Agent | Trisha Midgett | |
| Listing Agent Phone | 252-996-0124 | |
| Terms | Cash | |
| Virtual Tour Url | https://drive.google.com/file/d/10i0uCb4p1Za8wmLflPRiPpo98ICxEHNW/view?usp=sharing | |
MLS® Information | ||
| Days on market | 117 | |
| MLS® Status | Closed | |
| Listing Date | Apr 24, 2024 | |
| Listing Last Modified | Sep 23, 2024 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 3399 | |
| MLS® Area | Buxton Oceanside | |
| MLS® # | 125452 | |
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