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For sale
  • Price cut: $105K (4/11)
    $2,495,000

    400 Ocean Ridge Drive, Atlantic Beach, NC 28512

    4beds
    2,464sqft
    : 
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    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
    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.
    81 days
    |
    957
    |
    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    GRAY WHEELER 252-514-5755,

    CENTURY 21 ZAYTOUN RAINES

    Source: Hive MLS,MLS#: 100562228MLS LogoOriginating 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
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        Estimated market value

        $2,303,900

        $2.19M - $2.42M

        $7,497/mo

        Price history

        DateEventPrice
        4/11/2026Price change$2,495,000-4%$1,013/sqft
        Source: Hive MLS #100562228 Report a problem
        3/24/2026Listed for sale$2,600,000$1,055/sqft
        Source: Hive MLS #100562228 Report a problem

        Public tax history

        YearProperty taxesTax 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

          Payment breakdown

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          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

          Getting around

          25 / 100
          Car-Dependent
          40 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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