23 Sandy Lane, Surf City, NC 28445 | 100284730 | Intracoastal Realty

23 Sandy Lane $1,800,000

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    23 Sandy Lane Surf City, NC 28445

    • 4 Beds
    • 5 Baths
    • 4,038 sq. ft.
    • Residential
    • MLS# 100284730
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    Views: 419 Days On Site: 84

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    Property Details

    Description Tours

    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.

    • General Features
      • City Limits Yes
      • County Pender
      • Hoa No
      • Cobra Zone No
      • Lot Acres 0.26
      • New Construction No
      • Full Bathrooms 5
      • Half Bathrooms 0
      • Bedrooms 4
      • Square Feet 4,038
      • Stipulation of Sale None
      • Subdivision Sandy Ridge
      • Waterfront Yes
      • Waterview Yes
      • Year Built 2005
    • Building Features
      • Exterior Structures Gazebo, Shower
      • Foundation Slab
      • Interior Features 2nd Kitchen, 9Ft+ Ceilings, Ceiling - Vaulted, Ceiling Fan(s), Furnished, Hot Tub, Reverse Floor Plan, Walk-in Shower
      • Porch Balcony Deck Balcony, Covered, Deck, Enclosed, Open, Patio, Porch, Screened
      • Roof Shingle
      • Water Heater Electric
      • Construction Wood Frame
      • Construction Type Stick Built
      • Cooling System Central
      • Fireplace 1
    • Property Features
      • Fencing Wood
      • Lot Water Features ICW View, Marsh Front, Sound Front, Sound View
      • Road Type Frontage Paved
      • Pool Spa Hot Tub, In Ground
    • Schools
      • Elementary School North Topsail
      • Middle School Topsail
      • High School Topsail

    Contact

    Tim Zwart

    Tim Zwart

    Realtor / Broker

    280319

    Lumina Station - Wilmington

    Primary: 910-690-2818

    Neighborhood

    28445 (Surf City) Demographics

    35 Median Age
    128 Population Density (per sq. mile)
    49% College Educated
    $66,237 Estimated Median Income
    2,037 Estimated Total Home Owners
    894 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    7,196 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $336,370 Median Sales Price
    68 Homes Sold
    105 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,800,000
        8/5/2021 2:48:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.