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Vanessa Justice

vanessa@justicerealtygroup.com +1(252) 503-9313

$ 5,250,000

Est. payment -/mo

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New

2068 New River Inlet RD North Topsail Beach, NC 28460

16 Beds

18 Baths

8,300 SqFt

UPDATED:

02/19/2025 02:04 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,300 sqft

Price per Sqft $632

MLS Listing ID 100489463

Style Wood Frame

Bedrooms 16

Full Baths 16

Half Baths 2

HOA Y/N No

Originating Board Hive MLS

Year Built 2015

Annual Tax Amount $30,263

Lot Size 1.115 Acres

Acres 1.11

Lot Dimensions 65 x 747

Property Sub-Type Single Family Residence

Property Description

Welcome to Southern Grace, an extraordinary 16-bedroom, 18-bathroom oceanfront estate on North Topsail Beach that sleeps 60 - one of the largest homes on Topsail Island and a rare investment opportunity producing over $500K in gross rental income in 2023 and 2024 with several hundred thousand already on the books for 2025. With 8,300 sq. ft. of coastal luxury on an expansive 1.11-acre lot, this turnkey property is a proven income producer with an impressive IRR and future revenue already on the books for 2025. This high-yield premier investment property is designed for multi-generational family vacations, corporate retreats, weddings, reunions, and special events, and commands strong rental income through its unmatched accommodations and prime beachfront location. With ample parking, a private oceanfront pool, and a tiki bar, this home caters to large groups seeking the ultimate coastal escape. With multiple living areas that are perfect for large gatherings, elevator access to all levels, and expansive oceanfront porches ideal for morning coffee or watching dolphins play in the surf, this home has it all. Offered fully furnished and stocked, it is immediately ready to begin producing rental income for the buyer. A rare slice of Topsail Island paradise, Southern Grace is perfectly positioned to showcase breathtaking sunrises over the Atlantic, with direct beach access from your doorstep. Located on one of the largest oceanfront lots on the island, this estate offers both seclusion and convenience, making it an irreplaceable asset for investors and luxury buyers alike.

With a strong track record of rental success, Southern Grace is ready to continue producing income for its next owner. This one-of-a-kind estate is an unparalleled opportunity to own a high-performing beachfront investment in one of North Carolina's most desirable coastal destinations.

Location

State NC

County Onslow

Community Other

Zoning R-20

Direction Hwy 210 N to North Topsail Beach, Northeast on New River Inlet Rd. 2068 New Inlet Road on right.

Location Details Island

Rooms

Primary Bedroom Level Primary Living Area

Interior

Interior Features Elevator, 9Ft+ Ceilings, Vaulted Ceiling(s), Ceiling Fan(s), Furnished, Pantry, Reverse Floor Plan

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Zoned

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Window Features DP50 Windows,Blinds

Exterior

Exterior Feature Outdoor Shower, Gas Grill

Parking Features On Site, Unpaved

Carport Spaces 2

Pool In Ground

Waterfront Description None

View Marsh View, Ocean, Sound View, Water

Roof Type Architectural Shingle

Porch Covered, Deck, Porch

Building

Story 2

Entry Level Two

Foundation Other

Sewer Municipal Sewer

Water Municipal Water

Structure Type Outdoor Shower,Gas Grill

New Construction No

Schools

Elementary Schools Dixon

Middle Schools Dixon

High Schools Dixon

Others

Tax ID 778-4.7

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Hive MLS / (NCRMLS) / Cape Fear Realtors

Listed by Landmark Sotheby's International Realty

Community Listings