2068 New River Inlet Road
North Topsail Beach, NC 28460
8300 sqft | 16 beds | 17 baths | 1.11 acres | #100489463
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.
Interior Details
- InteriorElevator, 9Ft+ Ceilings, Vaulted Ceiling(s), Ceiling Fan(s), Furnished, Pantry, Reverse Floor Plan
Heating & Cooling
- HeatingElectric, Forced Air, Heat Pump
- CoolingCentral Air, Zoned
- Cooling FeaturesCentral Air, Zoned
Beds & Baths
- Bedrooms16
- Bathrooms17
- Full Baths16
- Half Baths2
Property Details
- ViewMarsh View, Ocean, Sound View, Water
- Exterior FeaturesOutdoor Shower, Gas Grill
- Exterior MaterialsOutdoor Shower, Gas Grill
- Pool DescriptionIn Ground
- Pool FeaturesIn Ground
- Stories2
Measurements
- Acres1.11
- Square Feet8300
Parking
- Parking FeaturesOn Site, Unpaved
Construction Details
- Property TypePurchase
Condition
- Year Built2015
Material information
- RoofArchitectural Shingle
- FoundationOther
Utilities / Energy Details
- Sewer InformationMunicipal Sewer
- Utility SourceMunicipal Water
Community and Neighborhood Details
- SubdivisionOther
Location
- School DistrictOnslow
- CountyOnslow
- Elementary SchoolDixon
- Middle SchoolDixon
- High SchoolDixon
- ZoningR-20
Financial Details
- Original List Price$5,250,000
- Taxes Annual$30,263
- Days on Market (Cumulative)4
Other
- MLS #100489463
Location
Legal
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Last Updated:Â . Source: HIVEMLS
Listing Courtesy
Listing Agent: Daniel A Malechuk (#579516069), Email: danny@landmarksir.com
Listing Office: Landmark Sotheby's International Realty (#576000288)
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