Residential

46002 Ocean Drive, Buxton

$599,000.00

Bedroom 3 bedrooms
Full Bathroom 2 full baths
Half Baths 1 half baths

  • MLS #: 125452
  • Status: Active
  • Address: 46002 Ocean Drive, Buxton, NC 27920
  • Date Listed: 4/24/2024
  • Days on Market: 55
  • Acres: 0.15
  • Stipulations: No
  • Subdivision: Cape Hat Seashr

Location Location

Agent Comments Agent Comments
Experience the ultimate in oceanfront living with this exquisite property in Buxton with unparalleled ocean views from every level. Upon entering, you'll find three tastefully decorated bedrooms on the first level. The king en suite bedroom opens to a deck with a relaxing swing, perfect for soaking in the ocean vistas. A queen bedroom and a bedroom with two single beds share a full bathroom. This level provides the comfort and privacy needed for restful nights. Upstairs, the open living, dining, and kitchen area is bathed in natural light from the surrounding windows, framing the stunning ocean views. Step out onto the sundeck to enjoy the sea breeze and watch your loved ones on the beach. This level also includes a half bathroom for added convenience. A few steps up from the living area, the cozy loft provides extra space to unwind, with a queen sleep sofa, and more incredible views of the ocean. This property has seen significant upgrades, including a fortified roof installed in 2023, a new HVAC system in 2019, refreshed decks in 2016, and updated windows, siding, and doors in 2020. These updates ensure the home is well-maintained, energy-efficient, and built to last. Mermaid's Rest isn't just a beautiful home; it's also a proven income generator, producing over $73,000 in rental income in 2023 and already securing $63,000 for 2024. This makes it an excellent investment opportunity, with a history of steady rental income. Beyond the property, Buxton offers a range of local attractions. You can enjoy delicious ice cream, dine at nearby restaurants, visit the historic lighthouse, and have fun at the arcade. With shops and other amenities within walking or biking distance, you'll always find something to do in the area. Don't miss your chance to own a piece of paradise in Buxton. Schedule a visit today and experience Mermaid's Rest for yourself. This oceanfront gem awaits you with breathtaking views, modern upgrades, and consistent rental income.

Amenities Amenities
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator w/Ice Maker
  • Range/Oven
  • Washer

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Electric, Heat Pump
  • Floors: Ceramic Tile, Luxury Vinyl Plank, Vinyl
  • Interior: All Window Treatments, Ensuite
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Parking: Off Street
  • Roof: FORTIFIED™ Roof
  • Pool: No
  • Exterior: Composite Siding
  • Waterfront Features: Oceanfront
  • Sewer/Septic: Private Septic
  • Approximate Lot Size: 6500
  • Foundation: Piling
  • Garage Description: Carport
  • Lot Description: Beach Frontage
  • Roads: Private
  • Style: Coastal, Cottage
  • View Description: Ocean
  • Water Access: Municipal

Additional Features Additional Features
  • County: Dare
  • Property Type: Single Family - Detached
  • Year Built: 1992
  • HOA Fee Required: No - Restrictive Covenants May Apply
  • HOA Fee: 0
  • Is an REO: No
  • Bill of Sale: Yes
  • Bill of Sale Amount: 1
  • Construction: Frame, Wood
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Dry Entry
  • Optional Rooms: Loft
  • Original Price: 699000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 3399.35
  • Tax Year: 2023

Seller's Representative: Trisha Midgett, Midgett Realty - Rodanthe
Logo
Copyrighted 2024 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.