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Sold for $1,812,500
  • $1,812,500

    1111 Merchant Lane, Carolina Beach, NC 28428

    4beds
    4,446sqft
    Single Family Residence
    Built in 1999
    0.33 Acres Lot
    $1,831,000 Zestimate®
    $408/sqft
    $5,506 Estimated rent

    Home value

    $1,831,000

    $1.68M - $2.00M

    $5,506/mo

    Zestimate® history
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    What's special

    Gas log fireplaceWhole house generatorClimate-controlled workshopMeticulously maintained groundsSpacious two-car garageImpressive vaulted ceilingsNatural hardwood floors
    ***Offering $30,000 credit toward interior painting***Nestled off the picturesque, tree-lined Saint Joseph's Street, you'll find the exclusive boating community of Saint Joseph's Place. This luxurious coastal retreat offers over 4,400 sq. ft. of sophisticated living space and includes not just one, but two private boat slips. On the ground level, the property features a spacious two-car garage with ample storage options, a 416 sq. ft. climate-controlled workshop perfect for projects or hobbies, and a versatile recreation room equipped with custom built-ins and a pool table. Whether you take the elegant stairs or the convenient 3-stop elevator to the main living area, you'll be greeted by the warmth of natural hardwood floors and a host of high-end upgrades. The updated kitchen boasts premium appliances, complemented by a formal dining room and a large living room that includes a gas log fireplace and impressive vaulted ceilings. The expansive screened-in porch off the main living area is a highlight, offering a serene setting for al fresco dining while overlooking the meticulously maintained grounds. The main level also features a luxurious primary suite that serves as a personal retreat, complete with a flexible sitting room, a generously sized bedroom, and a spa-like bathroom with a walk-in shower, a soaking tub, and a spacious walk-in closet. The upper level provides additional accommodations with three well-appointed bedrooms and two full bathrooms, ensuring plenty of space and comfort for family and guests. This home seamlessly blends modern luxury with coastal charm, making it an ideal haven for those seeking both elegance and convenience. Additional features and upgrades include, newer roof, electric hot water heater, epoxy floors in garage and Culligan Whole House Water Softener, all were replaced in 2020. In addition, a whole house generator was installed in 2021 along with one new HVAC in 2024!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Urti 910-460-6890,

    Nest Realty,

    Urti Coastal Real Estate 910-460-6890,

    Nest Realty

    Bought with:

    Laura Mathis, 275989

    Coldwell Banker Sea Coast Advantage-Leland

    Source: Hive MLS,MLS#: 100458375MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Family Room, Dining Room, Living Room, Kitchen, Breakfast Nook, Bedroom 1, Bathroom 1, Other, Laundry, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Basement, Bathroom 5
    Bedroom 1
    • Level: First
    • Dimensions: 16.9 x 15.17
    Bedroom 2
    • Level: Second
    • Dimensions: 13.25 x 18.5
    Bedroom 3
    • Level: Second
    • Dimensions: 13.42 x 20.5
    Bedroom 4
    • Level: Second
    • Dimensions: 16.9 x 17.67
    Bathroom 1
    • Level: First
    • Dimensions: 4.9 x 5.75
    Bathroom 2
    • Level: First
    • Dimensions: 16.9 x 15.08
    Bathroom 3
    • Level: Second
    • Dimensions: 12.83 x 10.67
    Bathroom 4
    • Level: Second
    • Dimensions: 16.9 x 17.67
    Bathroom 5
    • Level: Ground
    • Dimensions: 5.75 x 6.83
    Breakfast nook
    • Level: First
    • Dimensions: 13.42 x 9.9
    Dining room
    • Level: First
    • Dimensions: 13.25 x 14.75
    Family room
    • Level: First
    • Dimensions: 23.67 x 15.67
    Kitchen
    • Level: First
    • Dimensions: 13.42 x 16.67
    Laundry
    • Level: First
    • Dimensions: 8.5 x 5.75
    Living room
    • Level: First
    • Dimensions: 13.25 x 11.42
    Other
    • Description: Garage
    • Level: Ground
    • Dimensions: 13.42 x 42.25
    Other
    • Description: Recreation Room
    • Level: Ground
    • Dimensions: 21.58 x 19
    Other
    • Description: Walk In Closet
    • Level: First
    • Dimensions: 16.9 x 8.08
    Other
    • Description: Storage
    • Level: Ground
    • Dimensions: 17.42 x 12.25
    Other
    • Description: Workshop
    • Level: Ground
    • Dimensions: 16.9 x 26.17
    Heating
    • Fireplace(s), Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Built-In Microwave, Water Softener, Refrigerator, Disposal, Dishwasher, Wall Oven
    • Laundry: Laundry Room
    Features
    • Central Vacuum, Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Generator Plug, Kitchen Island, Elevator, Ceiling Fan(s), Pantry, Walk-in Shower, Gas Log, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 4,446
    • Total interior livable area: 4,446 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Front, Garage Door Opener, Off Street
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Deck, Porch, Screened
    • Exterior features: Irrigation System
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 0.33 Acres
    • Dimensions: 73 x 185
    Details
    • Additional structures: Fountain
    • Parcel number: R08814004033000
    • Zoning: MB-1
    • Special conditions: Standard
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement
    • Foundation: Slab
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Saint Joseph Place
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock, Boat Slip - Assigned, Maintenance Roads, Street Lights
    • HOA fee: $760 monthly
    • HOA name: Cathy Lovett
    • Second HOA fee: $247 monthly
    • Second HOA name: Dock Fund
    Location
    • Region: Carolina Beach

    Financial & listing details

    • Price per square foot: $408/sqft
    • Tax assessed value: $780,700
    • Annual tax amount: $5,191
    • Date on market: 5/12/2025
    • Cumulative days on market: 158 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/4/2025Sold$1,812,500-9.1%$408/sqft
    Source: Hive MLS #100458375 Report a problem
    1/4/2025Contingent$1,995,000$449/sqft
    Source: Hive MLS #100458375 Report a problem
    11/19/2024Price change$1,995,000-7.2%$449/sqft
    Source: Hive MLS #100458375 Report a problem
    10/14/2024Price change$2,150,000-4.4%$484/sqft
    Source: Hive MLS #100458375 Report a problem
    8/9/2024Listed for sale$2,250,000$506/sqft
    Source: Hive MLS #100458375 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,376 +94%$2,317,600 +196.9%
    2024$5,348 +3%$780,700
    2023$5,192 -0.7%$780,700
    2022$5,231 -2.9%$780,700
    2021$5,387 +4.8%$780,700 +21.5%
    2020$5,139 $642,400
    2019$5,139 $642,400
    2018$5,139 +2.6%$642,400
    2017$5,011 +25.8%$642,400 +38.4%
    2016$3,982 +6.1%$464,100
    2015$3,755 +2.6%$464,100 +0%
    2014$3,660 $463,900
    2013-- $463,900
    2012-- $463,900 -34.8%
    2011-- $711,738
    2010-- $711,738
    2009-- --
    2008-- --
    2007-- --
    2005-- $428,532
    2004-- $428,532 +7.1%
    2003-- $400,193
    2002-- $400,193
    2001-- $400,193
    2000-- $400,193
    Find assessor info on the county website

    Neighborhood: 28428

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carolina Beach
    • Middle: Murray
    • High: Ashley

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,831,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,831,000