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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

    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!

    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#: 100346015MLS Logo

    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
    Services availability