TWO fully furnished homes offering incredible waterviews and rental income (combined $323,000 +/- for 2022 anticipated) from this gorgeous house with a guest house, both overlooking the ocean and both with their own pool. NO CITY TAXES or beach renewal taxes! Beautiful property that sits atop a natural dune, these homes provide luxury, comfort and wonderful spaces to gather with family and friends -- it is no wonder that they are called the Dream Maker (main house) and Memory Maker (guest house). HUGE opportunity - your family can enjoy both homes, use one and rent one, or use both as income-producing investments. The homes are currently on the rental market and rent separately, creating two streams of income. The main house is 3 stories with an elevator featuring 7 bedrooms, 7.5 baths, spacious living areas, home theater, game room with kitchenette on the first floor and ample decking. The guest house offers 3 bedrooms, 3 full baths, spacious living areas, family room, patio and deck to extend the living space. This property is adjacent to the former Roosevelt Heirs land that was gifted to the State of North Carolina which is a part of the Salter Path history (see documents). Great rental history and potential, please see documents for rental history and the vacation rental addendum. Special note: exterior is IFC - insulated concrete forms that have 200+ mph wind load, impact windows and R-50 insulation factor in the walls for safety, security and energy efficiency. Begin your island adventure today at 235 Frost Lane in Salter Path!
Sold for $3,375,000 on 12/20/22
$3,375,000
235 Frost Lane, Salter Path, NC 28512
7beds
7,385sqft
Single Family Residence
Built in 2006
0.49 Acres Lot
$3,452,900 Zestimate®
$457/sqft
$5,662 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 12, 2024 at 05:52am
Listed by:
Mary Cheatham King Real Estate team 252-518-5222,
Keller Williams Crystal Coast
Bought with:
Frederick Winstead, 335845
Coast to Coast Real Estate
Source: Hive MLS,MLS#: 100346015

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Water Softener, Washer, Stove/Oven - Electric, Refrigerator, Microwave, Ice Maker, Dryer, Down Draft, Disposal, Dishwasher, Convection Oven, Trash Compactor
- Laundry: Hookup - Dryer, Washer Hookup
Features
- Elevator, Ceiling Fan(s), Central Vacuum, Walk-in Shower, Wet Bar, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Blinds
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas Log
- Furnished: Yes
Interior area
- Total structure area: 4,936
- Total interior livable area: 7,385 sqft
Property
Parking
- Parking features: On Site, Paved
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Open, Covered, Deck, Patio
- Exterior features: Outdoor Shower
- Pool features: In Ground, See Remarks
- Fencing: Full
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Size: 0.49 Acres
- Features: Dunes
Details
- Additional structures: Shower
- Parcel number: 633407685092000
- Zoning: No Zoning
- Other equipment: Home Theater
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco, Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle,Composition
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Green energy
- Energy efficient items: Lighting
Community & neighborhood
Location
- Region: Atlantic Beach
- Subdivision: Not In Subdivision
HOA & financial
HOA
- Has HOA: No
- Amenities included: None
Other
Other facts
- Listing terms: Cash,Conventional