$2,900,000

235 Frost Lane

Salter Path NC, 28512

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Description

TWO separate homes each with a pool -- incredible waterviews and rental income from this gorgeous house with a guest house, both overlooking the ocean and both with their own pool. NO CITY TAXES or beach renewal taxes! Beautiful property that sits atop a natural dune, these homes provide luxury, comfort and wonderful spaces to gather with family and friends -- it is no wonder that they are called the Dream Maker (main house) and Memory Maker (guest house). HUGE opportunity - your family can enjoy both homes, use one and rent one, or use both as income-producing investments. The homes are currently on the rental market and rent separately, creating two streams of income. The main house is 3 stories with an elevator featuring 7 bedrooms, 7.5 baths, spacious living areas, home theater, game room with kitchenette on the first floor and ample decking. The guest house offers 3 bedrooms, 3 full baths, spacious living areas, family room, patio and deck to extend the living space. This property is adjacent to the former Roosevelt Heirs land that was gifted to the State of North Carolina which is a part of the Salter Path history (see documents). Great rental history and potential: the 2020 combined rental income of $232,686 / year +/- Please see documents for rental history and the vacation rental addendum. Special note: exterior is IFC - insulated concrete forms that have 200+ mph wind load, impact windows and R-50 insulation factor in the walls for safety, security and energy efficiency.

Details

MLS#100229926
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusContingent
Year2006
Days On Site217

Features

Bed(s)7
Bath(s) 8 Total
SQ Feet4,936
PoolYes
Story(s)3.0
Acreage0.49
Property ViewYes

Additional Information

Ocean FrontNo
Ocean ViewYes
Water AccessNo
Bonus RoomNo
Boat SlipNo
Master DownNo
Finished Room Over GarageNo
HOANo
FireplaceYes
Great RoomNo
FencingYes
PorchNo
SunroomNo
DeckYes
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Coastal Rivers Realty

Coastal Rivers Realty

 (252) 975-8010Contact Me Form Link
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Area Information
StateNC
CountyCarteret
CitySalter Path
Zip Code28512
AreaCarteret
Community NameNot In Subdivision
Elementary SchoolMorehead City Primary
Middle SchoolMorehead City
High SchoolWest Carteret
Listing VS Median (in Not In Subdivision)
Price:
$2,900,000
low | high
Med:
$153,000
100% of Average
SqFt:
4,936
low | high
Med:
1,273
100% of Average
$ / SqFt:
$588
low | high
Med:
$120
100% of Average
On Site:
217
low | high
Med:
64.5
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2021 8:48:26 PM PST
Mary Cheatham King Real Estate team LogoMLS Number: 100229926
Listing Provided By:
Mary Cheatham King Real Estate team  of  Keller Williams Crystal Coast
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