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Off market
  • $3,427,100

    235 Frost Ln, Atlantic Beach, NC 28512

    7beds
    4,936sqft
    SingleFamily
    Built in 2006
    0.49 Acres Lot
    $3,427,100 Zestimate®
    $694/sqft
    $4,521 Estimated rent

    Home value

    $3,427,100

    $3.02M - $3.80M

    $4,521/mo

    Zestimate® history
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    $19,526/mo

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    $19,526/mo

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    What's special

    TWO separate homes each with a pool -- incredible waterviews and rental income 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: the 2020 combined rental income of $232,686 / year +/- 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 energyefficiency.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal
    Features
    • Ceiling Fan(s), Furnished, Elevator, Wet Bar, Blinds/Shades, Walk-in Shower, Gas Logs, Home Theater, Walk-In Closet
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,936 sqft

    Property

    Features
    • Exterior features: Stucco, Vinyl
    • Fencing: Full
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 633407685092000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 2006

    Community & neighborhood

    Location
    • Region: Atlantic Beach

    Other

    Other facts
    • Dining Room Type: Combination
    • Fireplace: 1
    • Construction Type: Stick Built
    • Appliances/Equip: Disposal, Stove/Oven - Electric, Dishwasher, Refrigerator, Dryer, Microwave - Built-In, Washer, Water Softener, Central Vac, Ice Maker, Convection Oven, Downdraft, Compactor
    • Construction: Wood Frame, Concrete
    • Cooling System: Central
    • Foundation: Slab
    • Heating System: Heat Pump
    • Parking/Driveway: Paved, On Site
    • Porch/Balcony/Deck: Deck, Patio, Covered, Open
    • Interior Features: Ceiling Fan(s), Furnished, Elevator, Wet Bar, Blinds/Shades, Walk-in Shower, Gas Logs, Home Theater, Walk-In Closet
    • Road Type/Frontage: Private
    • Roof: Shingle, Composition
    • Flooring: Carpet, Tile, Wood
    • Water/Sewer: Well Water, Septic On Site
    • Lot Water Features: Water View, Ocean View, Ocean Side
    • Exterior Structures: Shower
    • Accessibility: Elevator
    • Waterview: Yes
    • Exterior Finish: Stucco, Vinyl Siding
    • Laundry Location: Hookup - Dryer, Hookup - Washer
    • Pool/Spa: In Ground, See Remarks
    • Fuel Tank: Propane Buried
    • Green Bldg Features: Energy Star Appl, High Eff Toilets, LED Lighting, Sealed Attic
    • Service Providers: Electric Provider: Carteret-Craven EMC
    • Lot Description: Dunes
    • HOA Amenities: No Amenities
    • Service Providers: Water Provider: Bogue Banks Water Corp
    • Exterior Features: Outdoor Shower
    • Fencing: Full

    Price history

    DateEventPrice
    12/20/2022Sold$3,375,000-6.2%$684/sqft
    Source: Hive MLS #100346015 Report a problem
    11/6/2022Pending sale$3,599,900$729/sqft
    Source: Hive MLS #100346015 Report a problem
    8/26/2022Listed for sale$3,599,900+33.3%$729/sqft
    Source: Hive MLS #100346015 Report a problem
    4/5/2021Sold$2,700,000-6.9%$547/sqft
    Source: Hive MLS #100229926 Report a problem
    2/1/2021Pending sale$2,900,000$588/sqft
    Source: Hive MLS #100229926 Report a problem
    1/26/2021Listed for sale$2,900,000$588/sqft
    Source: Hive MLS #100229926 Report a problem
    8/24/2020Pending sale$2,900,000$588/sqft
    Source: Hive MLS #100229926 Report a problem
    8/3/2020Listed for sale$2,900,000-15.9%$588/sqft
    Source: Keller Williams Crystal Coast #100229926 Report a problem
    8/5/2019Listing removed$3,450,000$699/sqft
    Source: Bluewater Real Estate AB #100137271 Report a problem
    10/20/2018Listed for sale$3,450,000+411.1%$699/sqft
    Source: Bluewater Real Estate AB #100137271 Report a problem
    8/26/2005Sold$675,000+175.5%$137/sqft
    Source: Public Record Report a problem
    3/1/2005Sold$245,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,893 -1.1%$1,386,715
    2023$6,967 +13.6%$1,386,715
    2022$6,135 +2.6%$1,386,715 +7.5%
    2021$5,978 $1,289,736 -7%
    2020-- $1,386,715 +0.9%
    2019$5,513 $1,374,437
    2017$5,513 +2%$1,374,437
    2016$5,403 $1,374,437
    2015$5,403 +5.4%$1,374,437 -20.5%
    2014$5,128 $1,728,753
    2012-- --
    2010-- $1,730,408 +77.2%
    2009-- $976,694

    Find assessor info on the county website

    Neighborhood: 28512

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Morehead City Primary
    • Middle: Morehead City
    • High: West Carteret
    • District: Carteret

    Source: The 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
    $3,427,100
    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
    $3,427,100