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23 Sandy Lane

Surf City, NC 28445
  • $1,800,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 100284730
UPDATED: 35 min ago
$1,800,000
  • 4
    BEDS
  • 0.26
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,038
    SQFT
  • $446
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This vacation rental ''The Glam House'' is an investors' dream with a projected cap rate of 4% for 2021. Located in a cul-de-sac with views of the waterway and ocean, this home has been completely customized to be functional and stylish in both renovation and decor by current owner, hence the name ''The Glam House.'' The owners have been meticulous about maintaining and updating the home over the years to keep the integrity of the vacation rental business. The home features an open floor plan and large chef's kitchen, perfect for entertaining and beach rental. This 4 bedroom, 5 bath home offers a welcoming place for family and friends to gather. First living level features full bath, living room, kitchen, dining room and spacious den, both currently being used as a playroom and game room. The second floor features the primary suite including an outdoor bathtub and outdoor jacuzzi, with panoramic views of the waterway. Two additional guest rooms with connected bathrooms are also located on the 3rd floor. The ground floor features as a fully functional living space including a bedroom, full bath, living area, and kitchen. Ground floor leads to the gorgeous pool, large walk-in storage rooms for all your beach essentials, 2 outdoor showers, and more. So far, through August of 2021, The ''Glam House'' vacation rental will produce nearly $100,000 in revenue with profits over $65,000 after expenses. Unlike most VRBO & AirBnB's this home has holiday themed rentals to help rental income continue during the off season. Current property management information by owner will be passed on to new owners for easy transition into the rental market. This includes cleaning services, preparation, restock, alarm system, and ownership of Airbnb and VRBO marketing materials and account information. This home price includes all furniture (minor exclusions) and decor.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-06T15:16:56.7.
www.newbernrealestatesearch.com/homes/120107044
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23 Sandy Lane Surf City, NC 28445

  • Price: $1,800,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 35 min ago
  • MLS #: 100284730
4
Beds
5
Baths
0
½ Baths
0.26
Acres
4,038
SQFT
$446
$/SQFT
2005
Built
Neighborhood:
Sandy Ridge
County:
Pender
Area:
Surf City
Elementary School:
North Topsail
Middle School:
Topsail
High School:
Topsail
Property Description
This vacation rental ''The Glam House'' is an investors' dream with a projected cap rate of 4% for 2021. Located in a cul-de-sac with views of the waterway and ocean, this home has been completely customized to be functional and stylish in both renovation and decor by current owner, hence the name ''The Glam House.'' The owners have been meticulous about maintaining and updating the home over the years to keep the integrity of the vacation rental business. The home features an open floor plan and large chef's kitchen, perfect for entertaining and beach rental. This 4 bedroom, 5 bath home offers a welcoming place for family and friends to gather. First living level features full bath, living room, kitchen, dining room and spacious den, both currently being used as a playroom and game room. The second floor features the primary suite including an outdoor bathtub and outdoor jacuzzi, with panoramic views of the waterway. Two additional guest rooms with connected bathrooms are also located on the 3rd floor. The ground floor features as a fully functional living space including a bedroom, full bath, living area, and kitchen. Ground floor leads to the gorgeous pool, large walk-in storage rooms for all your beach essentials, 2 outdoor showers, and more. So far, through August of 2021, The ''Glam House'' vacation rental will produce nearly $100,000 in revenue with profits over $65,000 after expenses. Unlike most VRBO & AirBnB's this home has holiday themed rentals to help rental income continue during the off season. Current property management information by owner will be passed on to new owners for easy transition into the rental market. This includes cleaning services, preparation, restock, alarm system, and ownership of Airbnb and VRBO marketing materials and account information. This home price includes all furniture (minor exclusions) and decor.
Exterior Features

Attached Garage Spaces 1.00 Construction Wood Frame Construction Type Stick Built Detached Garage Spaces 0.00 Driveway Spaces 6.00 Exterior Features Outdoor Shower Exterior Finish Wood Siding Exterior Structures FountainGazeboShower Fencing Wood Foundation Slab Location Type Island Lot Dimensions 55X213x55x241 Lot Water Features ICW ViewMarsh FrontSound FrontSound View Parking Driveway On Site Pool Spa Hot TubIn Ground Porch Balcony Deck BalconyCoveredDeckEnclosedOpenPatioPorchScreened Road Type Frontage Paved Roof Shingle Total Carport Spaces 0.00 Waterfront Yes Waterview Yes

Interior Features

Cooling System Central Dining Room Type CombinationKitchen Fireplace 1 Heated Sq Ft Range 4000 - 4499 Heating System Electric Interior Features 2nd Kitchen9Ft+ CeilingsCeiling - VaultedCeiling Fan(S)FurnishedHot TubReverse Floor PlanWalk-In ShowerWalk-In Closet Laundry Location Basement Master Bedroom Location Non Primary Living Area Number Rooms 19 Stories Levels 3rd Floor Unit Water Heater Gas Electric

Property Features

Accessibility None Auction No City Limits Yes Cobra Zone No Federal Flood Insurance Available Yes Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No New Construction No Property Taxes 4050.40 Residential Sub Type Single Family Residence Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2020 Terms CashConventionalVa Loan Total City Real Estate Property Tax 2574.67 Water Sewer Municipal SewerMunicipal Water Zoning R5



Listing information © 2021 NCRMLS
Listing provided courtesy of Marshall M Pickett of Ivester Jackson Coastal Llc.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-06T15:16:56.7.
 
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