2068 New River Inlet RD new Save Request In-Person Tour Request Virtual Tour
North Topsail Beach,NC 28460
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 8,300 sqft
Price per Sqft $632
MLS Listing ID 100489463
Style Wood Frame
Bedrooms 16
Full Baths 16
Half Baths 2
HOA Y/N No
Originating Board Hive MLS
Year Built 2015
Annual Tax Amount $30,263
Lot Size 1.115 Acres
Acres 1.11
Lot Dimensions 65 x 747
Property Sub-Type Single Family Residence
Property Description
Welcome to Southern Grace, an extraordinary 16-bedroom, 18-bathroom oceanfront estate on North Topsail Beach that sleeps 60 - one of the largest homes on Topsail Island and a rare investment opportunity producing over $500K in gross rental income in 2023 and 2024 with several hundred thousand already on the books for 2025. With 8,300 sq. ft. of coastal luxury on an expansive 1.11-acre lot, this turnkey property is a proven income producer with an impressive IRR and future revenue already on the books for 2025. This high-yield premier investment property is designed for multi-generational family vacations, corporate retreats, weddings, reunions, and special events, and commands strong rental income through its unmatched accommodations and prime beachfront location. With ample parking, a private oceanfront pool, and a tiki bar, this home caters to large groups seeking the ultimate coastal escape. With multiple living areas that are perfect for large gatherings, elevator access to all levels, and expansive oceanfront porches ideal for morning coffee or watching dolphins play in the surf, this home has it all. Offered fully furnished and stocked, it is immediately ready to begin producing rental income for the buyer. A rare slice of Topsail Island paradise, Southern Grace is perfectly positioned to showcase breathtaking sunrises over the Atlantic, with direct beach access from your doorstep. Located on one of the largest oceanfront lots on the island, this estate offers both seclusion and convenience, making it an irreplaceable asset for investors and luxury buyers alike.
With a strong track record of rental success, Southern Grace is ready to continue producing income for its next owner. This one-of-a-kind estate is an unparalleled opportunity to own a high-performing beachfront investment in one of North Carolina's most desirable coastal destinations.
Location
State NC
County Onslow
Community Other
Zoning R-20
Direction Hwy 210 N to North Topsail Beach, Northeast on New River Inlet Rd. 2068 New Inlet Road on right.
Location Details Island
Rooms
Primary Bedroom Level Primary Living Area
Interior
Interior Features Elevator,9Ft+ Ceilings,Vaulted Ceiling(s),Ceiling Fan(s),Furnished,Pantry,Reverse Floor Plan
Heating Electric,Forced Air,Heat Pump
Cooling Central Air,Zoned
Flooring Carpet,Tile
Fireplaces Type None
Fireplace No
Window Features DP50 Windows,Blinds
Exterior
Exterior Feature Outdoor Shower,Gas Grill
Parking Features On Site,Unpaved
Carport Spaces 2
Pool In Ground
Waterfront Description None
View Marsh View,Ocean,Sound View,Water
Roof Type Architectural Shingle
Porch Covered,Deck,Porch
Building
Story 2
Entry Level Two
Foundation Other
Sewer Municipal Sewer
Water Municipal Water
Structure Type Outdoor Shower,Gas Grill
New Construction No
Schools
Elementary Schools Dixon
Middle Schools Dixon
High Schools Dixon
Others
Tax ID 778-4.7
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None