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For sale
  • Price cut: $50K (7/15)
    $2,075,000

    5213 Ocean Drive #E&W, Emerald Isle, NC 28594

    8beds
    4baths
    2,406sqft
    : 
    $12,054/mo
    Get pre-qualified
    Duplex
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $862/sqft
    $-- HOA

    What's special

    Recessed lightingNewly updatedSmooth ceilingsNew sinksGranite countertopsGenerous setbackNewer hot water heaters
    Summerplace is a fully-furnished oceanfront 8bdrm, newly updated, meticulously maintained, turnkey rental duplex with partial seller financing available with substantial down payment, located on the glistening Crystal Coast's prized beaches of Emerald Isle, with generous setback, new wide gravel driveway w solar lighted border, stunning ocean views from 6 of the 8 bedrooms. See Virtual Tour! Private beach access via newer solar-lighted deck terminates in rebuilt 16'x16' dune deck w. rocking chairs for coffee or sunset cocktails, then 4 steps to the sand! Visit the Aquarium in Pine Knoll Shores in 15 min. or Bogue Island Fishing Pier in 10, & restaurants galore. Rents grossed $128K '22, $135K '23, $135K in '24 in under 14 weeks due to elective personal use, imagine year round rentals! Financials, Cash flow docs avail. A professional Prop Mgt Firm could have this rented many more weeks! Family used most of 2025 time due to remodeling, but May-July 2026 already booked at $105K. A pool, with proper permits, would increase rents further, buyer to assess. Each side has 4br2ba but with five beds on each side, the duplex sleeps 18. Upgrades 2022-2026 include: stainless steel appliances, granite countertops, smooth ceilings, recessed lighting, new sinks, new hardware, new main FL baths w. custom tiled showers and floors w. epoxy grout, main FL bedrooms with newer drywall, wainscoting, carpeting and wall lamps, new fans 1st FL, new beadboard wainscoting 2nd FL bedrooms, newer high-impact windows reset w. new flashing, new siding rear & sides, newer roof (2018), interior/exterior painted, HOT WATER and new plumbing in all three newer outdoor showers, outdoor showers ALL have HOT WATER, newer 2nd Floor deck with ocean views accessible to all 4 second FL bedrooms, HVAC replaced in the winter of 2022-2023, newer hot water heaters, electric panels, buried lines, and water lines upgraded to facilitate sale of one side if buyer chooses. Home sits on a deep .34 acre oceanfront lot with 8 bedroom septic, separate 4 bedroom septic permitted on each side, both pumped in Q4 2024. The owners self-manage units w. VRBO and direct website. Supplies, sand toys, boogie boards, outdoor furniture and linens all convey. Come peruse the reviews of paradise in our guest books to an ocean breeze on the dune deck!
    189 days
    |
    1,229
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marge "Meg" Russell 919-795-5973,

    Russell Homes and Land

    Source: Hive MLS,MLS#: 100549892MLS LogoOriginating MLS: Carteret County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Heat Pump, Electric, Forced Air
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Vented Exhaust Fan, Washer, Refrigerator, Range, Dryer, Dishwasher
      • Laundry: Laundry Room
      Features
      • Master Downstairs, 2nd Kitchen, Ceiling Fan(s), Furnished, Pantry, Blinds/Shades, Eat-in Kitchen
      • Flooring: LVT/LVP, Carpet
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Basement: None
      • Attic: Scuttle
      • Furnished: Yes
      Interior area
      • Total structure area: 2,406
      • Total interior livable area: 2,406 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Gravel, Aggregate, Lighted, Off Street, On Site, Unpaved
      • Uncovered spaces: 8
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Covered, Deck, Porch, Balcony, Front Porch
      • Exterior features: Balcony, Storm Doors
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Deeded Beach Access, Ocean Front
      • Frontage type: Oceanfront
      Lot
      • Size: 0.34 Acres
      • Dimensions: 74 x 204 x 74 x 204
      • Features: Deeded Beach Access, Ocean Side
      Details
      • Parcel number: 630419611339000,630419611369000,630419611441000
      • Zoning: RMF
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Wood Siding, Fiber Cement, Wood Frame
      • Foundation: Other, Raised, Pilings
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security Lights
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      • Amenities included: Waterfront Community, Cable TV, Barbecue, Beach Access, Flood Insurance, Pest Control
      Location
      • Region: Emerald Isle

      Financial & listing details

      • Price per square foot: $862/sqft
      • Tax assessed value: $1,782,521
      • Annual tax amount: $7,140
      • Date on market: 1/20/2026
      • Cumulative days on market: 190 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Private Financing Available
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,131/mo

        Price history

        DateEventPrice
        7/15/2026Price change$2,075,000-2.4%$862/sqft
        Source: Hive MLS #100549892 Report a problem
        5/10/2026Price change$2,125,000-2.3%$883/sqft
        Source: Hive MLS #100549892 Report a problem
        4/24/2026Price change$2,175,000-2.2%$904/sqft
        Source: Hive MLS #100549892 Report a problem
        3/2/2026Price change$2,225,000-2.2%$925/sqft
        Source: Hive MLS #100549892 Report a problem
        2/15/2026Price change$2,275,000-2.2%$946/sqft
        Source: Hive MLS #100549892 Report a problem
        1/20/2026Listed for sale$2,325,000-2.9%$966/sqft
        Source: Hive MLS #100549892 Report a problem
        7/21/2025Listing removed$2,395,000+9879.2%$995/sqft
        Source: Hive MLS #100468232 Report a problem
        10/14/2024Price change$24,000-99%$10/sqft
        Source: Owner Report a problem
        10/14/2024Price change$2,395,000-0.2%$995/sqft
        Source: Hive MLS #100468232 Report a problem
        8/22/2024Listed for sale$2,400,000+84.6%$998/sqft
        Source: Owner Report a problem
        8/12/2021Listing removed--
        Source: Hive MLS #100266166 Report a problem
        7/7/2021Price change$1,300,000-11.9%$540/sqft
        Source: Hive MLS #100266166 Report a problem
        5/23/2021Price change$1,475,000-6.3%$613/sqft
        Source: Hive MLS #100266166 Report a problem
        4/26/2021Price change$1,575,000-1.3%$655/sqft
        Source: Hive MLS #100266166 Report a problem
        4/14/2021Price change$1,595,000-11.1%$663/sqft
        Source: Hive MLS #100266166 Report a problem
        4/8/2021Listed for sale$1,795,000+140.9%$746/sqft
        Source: Owner Report a problem
        11/1/2017Sold$745,000-0.5%$310/sqft
        Source: Hive MLS #100045391 Report a problem
        8/27/2017Pending sale$749,000$311/sqft
        Source: ISave Realty LLC #100045391 Report a problem
        8/15/2017Price change$749,000-6.3%$311/sqft
        Source: ISave Realty LLC #100045391 Report a problem
        1/30/2017Listed for sale$799,000+213.3%$332/sqft
        Source: ISave Realty LLC #100045391 Report a problem
        1/5/1993Sold$255,000$106/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,140 +170.1%$1,782,521 +110.6%
        2016$2,643 $846,558
        2015$2,643 +3.3%$846,558 +4.2%
        2014$2,559 $812,779
        2013-- $812,779
        2012-- --
        2011-- --
        2010-- $1,619,205
        2009-- $1,619,205
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28594

        Getting around

        0 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: White Oak Elementary
        • Middle: Broad Creek
        • High: Croatan

        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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