Price Improvement! Attention Investors-- this stunning Surf City home is now being offered below appraised value! This is a rare opportunity to secure a high-potential property with included plans to build a pool, all set within a prime coastal location. The projected vacation rental income is impressive, estimated at $229,000 per year with the pool installed and $153,000 annually without it. Originally, the seller planned to install the pool after this rental season, but circumstances have changed, and now this luxurious home is on the market.
Discover your future oasis by the sea! This expansive 8-bedroom, 5-bathroom home, built in 2024, epitomizes coastal living, boasting 4,400 square feet of luxurious space. The design focuses on relaxation, with living spaces oriented toward the backyard--away from beach traffic--and centered around the party deck and future pool area. Two covered Trex decks, each measuring 32 x 16 feet, provide generous space for outdoor gatherings and relaxation.
Inside, the home features spacious bedrooms and bathrooms designed for comfort and privacy. The kitchen is a showpiece, featuring stunning Dekton Trance countertops that are both beautiful and durable--perfect for hosting and entertaining. Fully furnished and ready for immediate use as a vacation rental, this property ensures a seamless transition and outstanding investment potential.
Convenience is paramount, with an elevator by Port City Elevators connecting all floors. The home is equipped with an 18 SEER Bosch HVAC system, independently controlled on each floor and managed remotely via an app. Two 50-gallon water heaters guarantee a steady supply of hot water. Luxury vinyl plank (LVP) flooring flows throughout, combining durability with elegance.
Eco-conscious buyers will appreciate the low July electric bill of just $243, a testament to the home's energy efficiency. Located in Flood Zone X, no flood insurance is required, offering both peace of mind and cost savings.