235 Frost Lane, Salter Path, NC 28512 (MLS# 100346015)

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235 Frost Lane, Salter Path, NC 28512

$3,599,900
Property Type: Residential Bedrooms: 7 Baths: 8 Square Footage: 4,936 Lot Size (sq. ft.): 21,344 Status: Closed
Current Price: $3,375,000 List Date: 8/26/2022 Last Modified: 3/12/2024

Description

TWO fully furnished homes offering incredible waterviews and rental income (combined $323,000 +/- for 2022 anticipated) from this gorgeous house with a guest house, both overlooking the ocean and both with their own pool. NO CITY TAXES or beach renewal taxes! Beautiful property that sits atop a natural dune, these homes provide luxury, comfort and wonderful spaces to gather with family and friends -- it is no wonder that they are called the Dream Maker (main house) and Memory Maker (guest house). HUGE opportunity - your family can enjoy both homes, use one and rent one, or use both as income-producing investments. The homes are currently on the rental market and rent separately, creating two streams of income. The main house is 3 stories with an elevator featuring 7 bedrooms, 7.5 baths, spacious living areas, home theater, game room with kitchenette on the first floor and ample decking. The guest house offers 3 bedrooms, 3 full baths, spacious living areas, family room, patio and deck to extend the living space. This property is adjacent to the former Roosevelt Heirs land that was gifted to the State of North Carolina which is a part of the Salter Path history (see documents). Great rental history and potential, please see documents for rental history and the vacation rental addendum. Special note: exterior is IFC - insulated concrete forms that have 200+ mph wind load, impact windows and R-50 insulation factor in the walls for safety, security and energy efficiency. Begin your island adventure today at 235 Frost Lane in Salter Path!

More Information MLS# 100346015

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Effective Date: 2022-08-24 Delayed Marketing Date (DM): 2022-08-24 Auction: No Listing Price: 3599900 Current Price: $3,375,000 List Price/SqFt: 487.46 Sub Agent Comm $/%: % Buyer Agent Comm: 2 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 235 Street Name: Frost Street Suffix: Lane County: Carteret State/Province: NC Zip Code: 28512 City Limits: No Marketing City: Salter Path Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 34.687762 Geo Lon: -76.881888

Remarks and Showing

Directions to Property: Salter Path Road (Hwy 58) to Frost Lane on the oceanside; take Frost Lane to the end of the street towards the ocean Sign on Property: Yes

Property Exterior Info

New Construction: No Lot Acres: 0.49 Lot SqFt: 21344 Lot Dimensions: Plat map under documents Waterfront: No Waterview: Yes Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 4936 SqFt - Heated Separate: 2449 Total SqFt - Heated (Primary + Separate): 7385 # Rooms: 13 # Baths - Full: 7 # Baths - Half: 1 # Baths - Total: 8 # Bedrooms: 7 Master Bedroom Level: Primary Living Area Stories: 3

Legal & Taxes

Tax Assessed Value: 1386715 Total Real Estate Property Taxes: 5978 Deed Book: 1715 Deed Page: 416 Legal: Lot 9, Section 1, Village of Salter Path Broker Owner: No Tax Identifier: 633407685092000 Plat Book: 16 Plat Page: 45 - 50 Tax Year: 2022 Year Built: 2006 Zoning: No Zoning HOA: No Cobra Zone: No Elementary School: Morehead City Primary Middle School: Morehead City High School: West Carteret

Status Change Info

Under Contract Date: 2022-11-06 Sold Price: $3,375,000 Sold Date: 2022-12-20

Current Service Providers

Electric Provider: Carteret-Craven EMC Water Provider: Bogue Banks Water Corp

Separate Living Spcs

Guest House Desc: 3 beds/3 baths/pool

Rental Information

Gross Income: 323000

Property Features

Handicap Accessible: Elevator View Type: Ocean View; Water View Attic: None Basement: None Construction: Concrete; Wood Frame Exterior Features: Outdoor Shower Exterior Finish: Stucco; Vinyl Siding Fencing: Full Foundation: Slab Fuel Tank: Propane Buried Fuel Tank Ownership: Owned Green Bldg Features: Energy Star Appl; High Eff Toilets; LED Lighting; Sealed Attic Parking Features: On Site; Paved Patio and Porch Features: Covered; Deck; Open; Patio On-Site Pool/Spa: In Ground; See Remarks Roof: Composition; Shingle Stories/Levels: 3 Story or More Lot Features: Dunes Road Type/Frontage: Private Lot Water Features: Ocean Side Cooling: Central Heating: Heat Pump Heating System Fuel Source: Electric Utilities: Septic On Site; Well Water Appliances/Equip: Central Vac; Compactor; Convection Oven; Dishwasher; Disposal; Downdraft; Dryer; Ice Maker; Microwave - Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener Fireplace: 1 Flooring: Carpet; Tile; Wood Interior Features: Blinds/Shades; Ceiling Fan(s); Elevator; Furnished; Gas Logs; Home Theater; Walk-in Shower; Walk-In Closet; Wet Bar Laundry Features: Hookup - Dryer; Hookup - Washer Heated SqFt: 4500 - 4999 Dining Room Type: Combination Other Structures: Shower HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional
Listing Office: Keller Williams Crystal Coast
Last Updated: March - 12 - 2024
235 Frost Lane, Salter Path, NC 28512- MLS# 100346015
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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