A True Coastal Rebuild -- Engineered for Performance, Designed for Living. Positioned directly on a coveted beach access along Ocean Ridge Drive, this exceptional coastal property offers something rarely found in Atlantic Beach: a fully rebuilt home designed for durability, efficiency, and effortless coastal living. In 2017, this home was taken completely down to the studs and rebuilt with a focus on long-term performance and peace of mind. Every major system was replaced--new wiring, plumbing, roof shingles, fixtures, appliances, and structural upgrades including hurricane strapping--bringing the home fully up to modern code standards. Just weeks after completion, the property was put to the ultimate test, withstanding Hurricane Florence with no damage, a powerful testament to the quality of construction. Inside and behind the walls, the upgrades continue. The home features spray foam insulation throughout, creating a quiet, energy-efficient environment, along with a geothermal heating and cooling system--a rare and highly efficient solution powered by well water that significantly reduces operating costs. Designed with both comfort and functionality in mind, the property includes: Tankless hot water system (propane-powered) ensuring continuous hot water even during peak summer occupancy, 350-gallon underground propane tank supporting the pool heater, range, and hot water system, Well water servicing irrigation and pool, reducing utility expenses, New septic system and 6 chambered drain field (2020), French drain system and sealed foundation for enhanced drainage and long-term protection, Updated cargo lift (2022), professionally maintained. The outdoor space is equally compelling. A 26-foot Imagine Fantasy saltwater pool with heating capability and customizable multi-color lighting creates a private resort-style setting ideal for entertaining or maximizing rental appeal. The home also offers thoughtful accessibility features, including a handicap-accessible (for owners elderly mother) bathroom with walk-in tub and shower, making it adaptable for a wide range of owners and guests. Quartz countertops and updated finishes throughout complete the home's modern, low-maintenance design.
In addition to its lifestyle appeal, the property has demonstrated strong rental performance, generating approximately $124,858 in gross revenue in 2025 while reserving three peak summer weeks for personal use. With full availability, estimated income potential approaches $140,000+ annually, offering a compelling opportunity for buyers seeking both enjoyment and income. With its direct beach access location, comprehensive structural upgrades, and proven income history, this property represents a rare opportunity to own a turnkey coastal home built not just for beauty--but for resilience, efficiency, and long-term value.
For sale
Price cut: $105K (4/11)
$2,495,000
400 Ocean Ridge Drive, Atlantic Beach, NC 28512
4beds
2,464sqft
Single Family Residence
Built in 1974
9,147 Square Feet Lot
$2,303,900 Zestimate®
$1,013/sqft
$-- HOA
What's special
Direct beach access location
- 81 days |
- 957 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
GRAY WHEELER 252-514-5755,
CENTURY 21 ZAYTOUN RAINES
Source: Hive MLS,MLS#: 100562228
Originating MLS: Neuse River Region Association of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Media Room, Den, Dining Room, Bathroom 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: Second
Bathroom 1
- Level: First
Den
- Level: Second
Dining room
- Level: Second
Kitchen
- Level: Second
Living room
- Level: Second
Media room
- Level: Second
Heating
- Geothermal, Heat Pump
Cooling
- Central Air
Appliances
- Included: Built-In Microwave, Washer, Refrigerator, Ice Maker, Dryer, Dishwasher, Tankless Water Heater, Gas Range
- Laundry: Laundry Room
Features
- Kitchen Island, Elevator, Eat-in Kitchen
- Flooring: LVT/LVP
- Windows: Thermal Windows
- Basement: None
- Attic: None
- Furnished: Yes
Interior area
- Total structure area: 2,464
- Total interior livable area: 2,464 sqft
Property
Parking
- Parking features: Concrete
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Patio & porch: Deck, Porch
- Exterior features: Outdoor Shower
- Pool features: In Ground
- Fencing: Partial
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Deeded Beach Access
- Frontage type: See Remarks
Lot
- Size: 9,147 Square Feet
- Features: Deeded Beach Access
Details
- Parcel number: 637515528874000
- Zoning: single family
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Wood Siding, Wood Frame
- Foundation: Block
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Connected
Green energy
- Energy efficient items: Lighting
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Ocean Ridge
HOA
- Has HOA: No
Location
- Region: Atlantic Beach
Financial & listing details
- Price per square foot: $1,013/sqft
- Tax assessed value: $1,769,678
- Annual tax amount: $5,026
- Date on market: 3/24/2026
- Cumulative days on market: 82 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$2,303,900
$2.19M - $2.42M
$7,497/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Price change | $2,495,000-4%$1,013/sqft |
Source: | ||
| 3/24/2026 | Listed for sale | $2,600,000$1,055/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,064 +2.8% | $872,281 |
| 2023 | $2,981 +3% | $872,281 |
| 2022 | $2,894 | $872,281 +4.7% |
| 2021 | $2,894 | $833,216 -1.9% |
| 2020 | -- | $849,573 +38.4% |
| 2019 | $1,572 | $613,906 +21.1% |
| 2017 | $1,572 -0.9% | $507,145 |
| 2016 | $1,587 | $507,145 +1.8% |
| 2015 | -- | $498,325 -18.5% |
| 2014 | $1,510 | $611,495 |
| 2013 | -- | $611,495 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $813,984 |
| 2009 | -- | $813,984 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28512
Nearby schools
GreatSchools rating
- 4/10Morehead Elementary At Camp GlennGrades: 4-5Distance: 1.9 mi
- 8/10Morehead City Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10West Carteret High SchoolGrades: 8-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Morehead City Elem
- Middle: Morehead City
- High: West Carteret
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Carteret County
- Atlantic Beach
- 28512
- 400 Ocean Ridge Drive





