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For sale
  • Price cut: $250K (7/8)
    $3,990,000

    7127 Ocean Drive, Emerald Isle, NC 28594

    11beds
    7,206sqft
    : 
    $23,177/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    0.45 Acres Lot
    $-- Zestimate®
    $554/sqft
    $-- HOA

    What's special

    Masterpiece ocean front estate
    This 11 bedroom, yes 11 bedroom, masterpiece ocean front estate is absolutely one of Emerald Isle's true sand castle homes. Soon to be an investors gold mine or your personal dream come true. 2024 was the first rental season grossing $251K, 2025 rentals were $256k and 2026 already has $305K booked and is expected to be north of $350k Expanded, renovated, and completely redecorated, leaving absolutely no detail overlooked, words simply cannot capture how exquisite this home is! Therefore, I will not try. Go look at the pictures and video.
    886 days
    |
    2,397
    |
    102
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles Egerton 910-381-6658,

    RE/MAX Ocean Properties EI

    Source: Hive MLS,MLS#: 100429078MLS LogoOriginating MLS: Carteret County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 11
      • Full bathrooms: 10
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Living Room, Dining Room
      Primary bedroom
      • Level: Second
      • Dimensions: 1 x 1
      Bedroom 1
      • Level: Third
      • Dimensions: 1 x 1
      Bedroom 2
      • Level: Third
      • Dimensions: 1 x 1
      Bedroom 3
      • Level: Third
      • Dimensions: 1 x 1
      Bedroom 4
      • Level: Third
      Bedroom 5
      • Level: Second
      Bedroom 6
      • Level: First
      Other
      • Level: First
      Other
      • Level: First
      Other
      • Level: Fourth
      Other
      • Level: Fourth
      Dining room
      • Level: Second
      Kitchen
      • Level: Second
      Living room
      • Level: Second
      Heating
      • Heat Pump, Electric, Zoned
      Cooling
      • Zoned, Heat Pump
      Appliances
      • Included: Vented Exhaust Fan, Mini Refrigerator, Gas Cooktop, Built-In Microwave, Freezer, Water Softener, Washer, Refrigerator, Ice Maker, Dryer, Double Oven, Dishwasher, Tankless Water Heater
      • Laundry: Laundry Room
      Features
      • Master Downstairs, Walk-in Closet(s), High Ceilings, Entrance Foyer, Solid Surface, Whirlpool, Whole-Home Generator, Bookcases, Kitchen Island, Elevator, 2nd Kitchen, Ceiling Fan(s), Furnished, Hot Tub, Pantry, Walk-in Shower, Blinds/Shades, Gas Log, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Doors: Thermal Doors
      • Windows: Thermal Windows
      • Basement: None
      • Attic: Walk-In
      • Has fireplace: Yes
      • Fireplace features: Gas Log
      • Furnished: Yes
      Interior area
      • Total structure area: 7,206
      • Total interior livable area: 7,206 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Site
      Accessibility
      • Accessibility features: Accessible Hallway(s), Accessible Elevator Installed
      Features
      • Levels: Three Or More
      • Stories: 4
      • Patio & porch: Covered, Deck, Porch
      • Exterior features: Shutters - Board/Hurricane, Outdoor Shower, Irrigation System, Gas Grill, DP50 Windows, Thermal Doors
      • Pool features: In Ground, Pool/Spa Combo
      • Fencing: Vinyl
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Ocean Front
      • Frontage type: Oceanfront
      Lot
      • Size: 0.45 Acres
      • Dimensions: 75 x 261 x 75 x 264
      • Features: See Remarks, Ocean Side
      Details
      • Parcel number: 539307684824000
      • Zoning: Residenial
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Foundation: Block, Other, Pilings
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available
      Green energy
      • Energy efficient items: Lighting

      Community & HOA

      Community
      • Security: Security Lights, Smoke Detector(s)
      • Subdivision: Dogwood Acres
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Emerald Isle

      Financial & listing details

      • Price per square foot: $554/sqft
      • Tax assessed value: $1,849,021
      • Annual tax amount: $13,871
      • Date on market: 2/23/2024
      • Cumulative days on market: 887 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Commercial,Cash,Conventional
      • Lease term: Short Term Lease

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,188/mo

        Price history

        DateEventPrice
        7/8/2026Price change$3,990,000-5.9%$554/sqft
        Source: Hive MLS #100429078 Report a problem
        5/21/2026Price change$4,240,000-1.2%$588/sqft
        Source: Hive MLS #100429078 Report a problem
        4/28/2026Price change$4,290,000-2.3%$595/sqft
        Source: Hive MLS #100429078 Report a problem
        3/19/2026Price change$4,390,000-1.1%$609/sqft
        Source: Hive MLS #100429078 Report a problem
        2/27/2026Price change$4,440,000-0.2%$616/sqft
        Source: Hive MLS #100429078 Report a problem
        1/13/2026Price change$4,450,000-0.6%$618/sqft
        Source: Hive MLS #100429078 Report a problem
        9/26/2025Price change$4,479,000-2.3%$622/sqft
        Source: Hive MLS #100429078 Report a problem
        7/31/2025Price change$4,584,0000%$636/sqft
        Source: Hive MLS #100429078 Report a problem
        5/5/2025Price change$4,585,000-2.1%$636/sqft
        Source: Hive MLS #100429078 Report a problem
        2/13/2025Price change$4,685,000-0.2%$650/sqft
        Source: Hive MLS #100429078 Report a problem
        2/23/2024Listed for sale$4,695,000+24.4%$652/sqft
        Source: Hive MLS #100429078 Report a problem
        6/30/2023Sold$3,775,000-4.4%$524/sqft
        Source: Hive MLS #100376628 Report a problem
        5/4/2023Pending sale$3,950,000$548/sqft
        Source: Hive MLS #100376628 Report a problem
        3/30/2023Listed for sale$3,950,000+43.6%$548/sqft
        Source: Hive MLS #100376628 Report a problem
        10/2/2016Listing removed$2,750,000$382/sqft
        Source: Advantage Coastal Properties #11501017 Report a problem
        3/6/2015Price change$2,750,000+10%$382/sqft
        Source: Advantage Coastal Properties LLC #15-1017 Report a problem
        2/7/2014Listed for sale$2,500,000+75.4%$347/sqft
        Source: Emerald Isle Realty, Inc. #13-3360 Report a problem
        8/15/2005Sold$1,425,000$198/sqft
        Source: Hive MLS #10502222 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,871 +32.4%$3,817,751 +106.5%
        2024$10,475 +0.8%$1,849,021
        2023$10,387 +2%$1,849,021
        2022$10,182 +2%$1,849,021 +2.4%
        2021$9,987 +69.6%$1,806,287 +68.8%
        2020$5,888 +28.1%$1,070,130 -27.6%
        2019$4,597 $1,478,211 -0.3%
        2017$4,597 +0%$1,482,205
        2016$4,596 $1,482,205 +0.3%
        2015$4,596 +3.3%$1,477,695 -14.3%
        2014$4,448 $1,723,822
        2013-- $1,723,822
        2012-- --
        2011-- --
        2010-- $2,582,399
        2009-- $2,582,399
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28594

        Getting around

        8 / 100
        Car-Dependent
        47 / 100
        Somewhat 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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