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For sale
    • $1,999,000

    4254 Island Drive, North Topsail Beach, NC 28460

    10beds
    4,336sqft
    : 
    $11,310/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    0.29 Acres Lot
    $1,918,500 Zestimate®
    $461/sqft
    $92/mo HOA

    What's special

    Coastal-modern decorPrivate hot tubOcean-view decksMultiple ensuite bedroomsCommunity pool accessGame-filled recreation roomIncredible oceanside retreat
    INVESTMENT OPPORTUNITY - Fully furnished, turnkey 10-bedroom North Topsail Beach vacation rental with over $172K in 2025 gross rental revenue, over $154K in gross rental revenue so far for 2026, and over $51,500 in gross rental revenue already booked for 2027. May be of interest to buyers seeking replacement property for a 1031 exchange; buyers should consult their own tax and legal advisors regarding eligibility and requirements. This incredible oceanside retreat offers a rare opportunity to own a fully furnished, true turn-key short-term rental on one of the most desirable stretches of Topsail Island. Thoughtfully designed to elevate the coastal experience, this 10-bedroom, 10-bathroom beachside retreat blends high-capacity rental potential with the kind of lifestyle that keeps guests returning year after year. From sunrise coffee on the ocean-view decks to sunset gatherings overlooking the marsh, every part of the home embraces the natural beauty and rhythm of the island lifestyle. Inside, spacious common areas, coastal-modern decor, multiple ensuite bedrooms, a game-filled recreation room, and a private hot tub create an experience that appeals to large groups looking for a beach getaway, multi-family groups, and retreat travelers. Enjoy community pool access, 18 feet of deeded beach access just steps away, and included amenities such as bikes, beach chairs, and thoughtfully curated furnishings. This luxury retreat is fully furnished for a true turn-key experience. With strong 2025 rental income of over 171K and over 154K in revenue already secured for 2026, plus a design that consistently draws high guest demand, this home stands as an exceptional opportunity for investors seeking a high-capacity, established, and experience-driven property with immediate income potential on Topsail Island. Whether you are looking for your next oceanside retreat or high performing rental investment, this home offers an elevated Topsail Island lifestyle that's ready to enjoy from day one.
    271 days
    543
    18

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris A Spellman 910-231-1470,

    Sea Scape Properties

    Source: Hive MLS,MLS#: 100544154MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 10
      • Full bathrooms: 8
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Other, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Dining Room, Living Room
      Bedroom 1
      • Level: Second
      • Dimensions: 12 x 10
      Bedroom 2
      • Level: Second
      • Dimensions: 12 x 10
      Bedroom 3
      • Level: Second
      • Dimensions: 12 x 10
      Bedroom 4
      • Level: Second
      • Dimensions: 12 x 10
      Bedroom 5
      • Level: Second
      • Dimensions: 12 x 10
      Bedroom 6
      • Level: Second
      • Dimensions: 12 x 11
      Other
      • Level: Third
      • Dimensions: 12 x 10
      Other
      • Level: Third
      • Dimensions: 15 x 12
      Other
      • Level: Third
      • Dimensions: 15 x 12
      Other
      • Level: Third
      • Dimensions: 12 x 11
      Dining room
      • Level: Fourth
      • Dimensions: 16 x 15
      Kitchen
      • Level: Fourth
      • Dimensions: 15 x 11
      Living room
      • Level: Fourth
      • Dimensions: 19 x 12
      Other
      • Description: FOYER
      • Level: First
      • Dimensions: 24 x 12
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
      • Laundry: Laundry Closet, Laundry Room
      Features
      • Vaulted Ceiling(s), High Ceilings, Solid Surface, Kitchen Island, Ceiling Fan(s), Elevator, Walk-in Shower, Blinds/Shades
      • Flooring: LVT/LVP
      • Windows: Thermal Windows
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 4,336
      • Total interior livable area: 4,336 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Faces Side, Attached, Garage Door Opener, On Site, Tandem
      • Attached garage spaces: 4
      Features
      • Levels: Three Or More
      • Patio & porch: Open, Covered, Deck, Balcony
      • Exterior features: Outdoor Shower
      • Pool features: See Remarks, Pool/Spa Combo
      • Fencing: None
      • Has view: Yes
      • View description: Marsh, Ocean, Water
      • Has water view: Yes
      • Water view: Marsh,Ocean,Water
      • Waterfront features: Deeded Beach Access, Deeded Water Access, Deeded Water Rights, Waterfront, Ocean Front
      • Frontage type: Oceanfront
      Lot
      • Size: 0.29 Acres
      • Features: Deeded Beach Access, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Ocean Side
      Details
      • Additional structures: Shower
      • Parcel number: 768a159
      • Zoning: R-15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Foundation: Other, Slab, Pilings
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Public
      • Utilities for property: Water Available
      Green energy
      • Energy efficient items: Thermostat

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Ocean Ridge Village
      HOA
      • Has HOA: Yes
      • Amenities included: Waterfront Community, Pool, Maintenance Common Areas, Management, Street Lights, Taxes
      • HOA fee: $1,108 annually
      • HOA name: Ocean Ridge Village HOA
      • HOA phone: 252-354-6333
      Location
      • Region: North Topsail Beach

      Financial & listing details

      • Price per square foot: $461/sqft
      • Tax assessed value: $1,127,633
      • Annual tax amount: $12,234
      • Date on market: 12/5/2025
      • Cumulative days on market: 271 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,918,500

        $1.82M - $2.01M

        $4,762/mo

        Price history

        DateEventPrice
        8/11/2026Price change$1,999,000-7%$461/sqft
        Source: Hive MLS #100544154 Report a problem
        12/5/2025Listed for sale$2,150,000$496/sqft
        Source: Hive MLS #100544154 Report a problem
        10/1/2025Listing removed$2,150,000$496/sqft
        Source: Hive MLS #100497102 Report a problem
        5/29/2025Price change$2,150,000-4.4%$496/sqft
        Source: Hive MLS #100497102 Report a problem
        3/27/2025Listed for sale$2,250,000+15.7%$519/sqft
        Source: Hive MLS #100497102 Report a problem
        6/25/2024Sold$1,945,000+398.8%$449/sqft
        Source: Hive MLS #100452364 Report a problem
        6/28/2023Sold$389,900$90/sqft
        Source: Hive MLS #100188297 Report a problem
        4/21/2023Pending sale$389,900$90/sqft
        Source: Hive MLS #100188297 Report a problem
        3/23/2022Price change$389,900+15%$90/sqft
        Source: Hive MLS #100188297 Report a problem
        2/13/2022Price change$339,000+9.7%$78/sqft
        Source: Hive MLS #100188297 Report a problem
        1/8/2022Listed for sale$309,000$71/sqft
        Source: Hive MLS #100188297 Report a problem
        1/1/2022Listing removed--
        Source: Hive MLS #100188297 Report a problem
        10/1/2021Listed for sale$309,000+37.4%$71/sqft
        Source: Hive MLS #100188297 Report a problem
        1/19/2021Listing removed--
        Source: Hive MLS Report a problem
        10/11/2019Listed for sale$224,900$52/sqft
        Source: Treasure Realty Inc #100188297 Report a problem
        1/20/2019Listing removed$224,900$52/sqft
        Source: Treasure Realty Inc #100047330 Report a problem
        4/19/2018Listed for sale$224,900$52/sqft
        Source: Treasure Realty Inc #100047330 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,234 +540.9%$1,127,633 +540.7%
        2024$1,909 +0.1%$176,000
        2023$1,908 -0.1%$176,000
        2022$1,910 +5.8%$176,000 +13.5%
        2021$1,806 +4.5%$155,000
        2020$1,728 $155,000
        2019$1,728 +6.3%$155,000
        2018$1,625 +21.7%$155,000 +24%
        2017$1,335 $125,000
        2016$1,335 $125,000
        2015$1,335 $125,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 28460

        Getting around

        0 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Coastal Elementary
        • Middle: Dixon
        • High: Dixon

        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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