SEASIDE HOME WITH COASTAL CHARM in an X Flood Zone. Egret's Landing is a generous income producer with $173,210 booked in 2019; generating a 10% G.R.O.I. 2020 already has 15 weeks booked at a total of $147,070 and that's with a weekly rate increase. Even though this home generates enormous income it doesn't look like your average rental machine. Egret's Landing looks more like a HOME; without a ton of stairs.
If a buyer wanted to be more aggressive and open all of October, Thanksgiving, and end year Holiday Season they could do closer to $190,000.
With sellers limiting the calendar and not allowing dogs, there's definitely room for improved income. Show your most discerning buyers. Thoughtfully re-designed and remodeled ending in May 2018.
Egret's Landing is a stunning 7 bedroom (all master suites) 7 bath home with expansive ocean views and a private saltwater heated pool. The soft and clean color palette and stunning decor, create the perfect seaside back drop.
Perched on a high dune with 100 ft. of ocean frontage on an uncrowded beach. Year built was 1992, but effective age is 2018.
Recent upgrades to exterior include; new landscaping, new pool heater and saltwater filter system, fire pit, all new decking around pool and porches, composite handrails, brand new septic in 2018, new well-pump for landscaping and pool (keeps water bill low), and detached outdoor storage building. The interior was renovated & reconfigured starting with a brand new granite countertops, Kitchen Aid stainless steel appliances, and tile backsplash. The great room is a show stopper with a 2 story window wall capturing fantastic ocean views, new gas fireplace with stack stone face, all accented with newer classic coastal furnishings and decor.
A 3 season room was added just off the great room and perfect for morning coffee or dinners seaside.
The bedrooms include a paneled wainscoting, amazing ocean views from most every room, new carpet, and all bathrooms have new granite countertops, faucets, new vanities (in 4 baths), custom tile showers (in most), and all new faucets. One of the master suites has it's own sitting room with breathtaking views of the Atlantic Ocean and white sandy beaches. Most outdoor furniture is made by Carolina Casuals and Nags Head Hammocks. All upholstered furniture in living room is low maintenance Sunbrella.Rentals***** To view short property video copy and paste link below: https://www.dropbox.com/s/zxlrztap4c1m5aa/1049%20Lighthouse%20Drive-Unbranded.mp4?dl=0 To view aerial drone video copy and paste link below: https://youtu.be/M2n-otKQ1Fw
Refrigerator w/Ice Maker
Ice Maker Connection
Walk in Closet
Boardwalk to Beach
Cement Fiber Board