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Sold for $580,000
  • $580,000

    46002 Ocean Dr #39, Buxton, NC 27920

    3beds
    2,058sqft
    Single Family Residence, Residential
    Built in 1992
    6,534 Square Feet Lot
    $600,400 Zestimate®
    $282/sqft
    $2,888 Estimated rent

    Home value

    $600,400

    $570,000 - $636,000

    $2,888/mo

    Zestimate® history
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    What's special

    Experience the ultimate in oceanfront living with this exquisite property in Buxton with unparalleled ocean views from every level. Upon entering, you'll find three tastefully decorated bedrooms on the first level. The king en suite bedroom opens to a deck with a relaxing swing, perfect for soaking in the ocean vistas. A queen bedroom and a bedroom with two single beds share a full bathroom. This level provides the comfort and privacy needed for restful nights. Upstairs, the open living, dining, and kitchen area is bathed in natural light from the surrounding windows, framing the stunning ocean views. Step out onto the sundeck to enjoy the sea breeze and watch your loved ones on the beach. This level also includes a half bathroom for added convenience. A few steps up from the living area, the cozy loft provides extra space to unwind, with a queen sleep sofa, and more incredible views of the ocean. This property has seen significant upgrades, including a fortified roof installed in 2023, a new HVAC system in 2019, refreshed decks in 2016, and updated windows, siding, and doors in 2020. These updates ensure the home is well-maintained, energy-efficient, and built to last. Mermaid's Rest isn't just a beautiful home; it's also a proven income generator, producing over $73,000 in rental income in 2023 and already securing $68,000 for 2024. This makes it an excellent investment opportunity, with a history of steady rental income. Beyond the property, Buxton offers a range of local attractions. You can enjoy delicious ice cream, dine at nearby restaurants, visit the historic lighthouse, and have fun at the arcade. With shops and other amenities within walking or biking distance, you'll always find something to do in the area. Don't miss your chance to own a piece of paradise in Buxton. Schedule a visit today and experience Mermaid's Rest for yourself. This oceanfront gem awaits you with breathtaking views, modern upgrades, and consistent rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Trisha M Midgett 252-475-7947,

    Midgett Realty - Rodanthe

    Bought with:

    Joseph Stuffel, 349751

    The Bryant Group

    Source: OBAR,MLS#: 125452MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    Rooms
    • Room types: Loft
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
    Features
    • Flooring: Ceramic Tile, Vinyl
    • Furnished: Yes
    Interior area
    • Total structure area: 2,058
    • Total interior livable area: 2,058 sqft

    Property

    Parking
    • Parking features: Off Street
    • Has carport: Yes
    • Details: Garage: Carport
    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front, Beach Front
    Lot
    • Size: 6,534 Square Feet
    • Features: Beach Frontage
    Details
    • Zoning: R-3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Coastal
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Wood Siding, Composite Siding
    • Foundation: Pillar/Post/Pier
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Cape Hat Seashr
    Location
    • Region: Buxton

    Financial & listing details

    • Price per square foot: $282/sqft
    • Annual tax amount: $3,399
    • Date on market: 4/24/2024
    • Cumulative days on market: 117 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Owned More than 12 Months
    • Lease term: Weekly

    Price history

    DateEventPrice
    9/20/2024Sold$580,000-3.2%$282/sqft
    Source: OBAR #125452 Report a problem
    8/19/2024Contingent$599,000$291/sqft
    Source: OBAR #125452 Report a problem
    5/6/2024Price change$599,000-14.3%$291/sqft
    Source: OBAR #125452 Report a problem
    4/24/2024Listed for sale$699,000$340/sqft
    Source: OBAR #125452 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27920

    Nearby schools

    GreatSchools rating
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    $600,400
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    With Zillow Showcase(estimated)
    $612,408