2068 New River Inlet Rd, N Topsail Beach, NC 28460
About this home
Investor Alert - Gross Rental Income Exceeds $600,000 Annually! Rarely does an opportunity like this come to market. Southern Grace is an extraordinary turnkey oceanfront investment property in North Topsail Beach, generating over $600,000 in annual gross rental income with an exceptional, proven rental history. One of the largest homes on Topsail Island, this impressive 8,300+ sq. ft. oceanfront estate offers 16 bedrooms, 16 full ensuite bathrooms, and 2 half baths, comfortably accommodating up to 60 guests. Designed to host unforgettable experiences, the home is perfectly suited for multi-generational family vacations, corporate retreats, weddings, reunions, and other special events. Positioned on an expansive oceanfront lot, Southern Grace showcases breathtaking beachfront views, multiple spacious living and gathering areas, elevator access to every level, and expansive oceanfront and sound-side decks ideal for taking in spectacular sunrises, sunsets, and frequent dolphin sightings. Resort-style outdoor amenities include a private oceanfront swimming pool, tiki bar, generous parking, and direct beach access, creating the ultimate destination for large groups seeking a luxury coastal escape. Offered fully furnished and rental ready, this exceptional estate provides the rare opportunity to step into a thriving income-producing investment while enjoying one of the premier luxury oceanfront properties on Topsail Island.
Single-familyProperty Type
2015Year Built
1.11 acresLot Size
$589Price/Sq.Ft.
Listed by Joann M McDermon• Better Homes and Gardens Real Estate Treasure
Listed by Ashley Davis 340252 Davis• Better Homes and Gardens Real Estate Treasure
The purpose of this district shall be to provide for single-family and multi-family residential developments where both central water and central sewer are available.
Apr 1, 2015 • Active
Fuel gas
Install an inground pool for a single-family home.
Gas
Pool and hot tub
Jan 22, 2015 • Active
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 102° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
N Topsail Beach, NC • 28460
Average low and high temperatures (°F)
52
34
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39
67
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89
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85
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81
69
73
58
68
49
57
39
Jan
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Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
13.4 hrs
9.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2068 New River Inlet Rd
$4,446,487
$452K under list price of $4.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $605K to $2.3M.