235 Frost Lane
Salter Path, North Carolina 28512
Listing ID100229926
Sold For$2,700,000
Price/SqFt$392.69
StatusClosed
Sold Date4/05/2021
Bedrooms7
Total Baths8
Full Baths7
Partial Baths1
SqFt
4,936
Acres
0.490
CountyCarteret
SubdivisionNot In Subdivision
Year Built2006
Property TypeResidential
Property Sub TypeSingle Family Residence
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.
County
Carteret
Property Type
Residential
Year Built
2006
Zoning
No Zoning
Accessibility
Elevator
Appliances/Equipment
Central Vac, Compactor, Convection Oven, Dishwasher, Disposal, Downdraft, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer, Water Softener
Attic
None
Basement
None
Cooling System
Central
Dining Room Type
Combination
Fireplace
1
Flooring
Carpet, Tile, Wood
Heated SqFt Range
4500 - 4999
Heating System
Heat Pump
Interior Features
Blinds/Shades, Ceiling Fan(s), Elevator, Furnished, Gas Logs, Home Theater, Walk-in Shower, Walk-In Closet, Wet Bar
Laundry Location
Hookup - Dryer, Hookup - Washer
Master Bedroom Level
Primary Living Area
Half Baths
1
Number Rooms
13
Fuel Tank Ownership
Owned
Green Building Features
Energy Star Appl, High Eff Toilets, LED Lighting, Sealed Attic
Guest House Description
3 beds/3 baths/pool
Property Sub Type
Single Family Residence
Construction
Concrete, Wood Frame
Construction Type
Stick Built
Exterior Features
Outdoor Shower
Exterior Finish
Stucco, Vinyl Siding
Exterior Structures
Shower
Fencing
Full
Foundation
Slab
Fuel Tank
Propane Buried
Lot Description
Dunes
Lot Dimensions
Plat map under documents
Lot SqFt
21344
Lot Water Features
Ocean Side, Ocean View, Water View
New Construction
no
Parking/Driveway
On Site, Paved
Pool/Spa
In Ground, See Remarks
Porch/Balcony/Deck
Covered, Deck, Open, Patio
Road Type/Frontage
Private
Roof
Composition, Shingle
Stories
3
Stories/Levels
3 Story or More
Water/Sewer
Septic On Site, Well Water
Waterfront
no
Waterview
yes
Auction
no
HOA
no
HOA Amenities
No Amenities
Prospect Exempt
no
Special Assessments
no
Stipulation of Sale
None
Tax Assessed Value
1386715
Tax Year
2019
City Limits
no
Cobra Zone
no
Elementary School
Morehead City Primary
High School
West Carteret
Location Type
Island
Marketing City
Salter Path
Middle School
Morehead City
Secondary Subdivision
N/A
Electric Provider
Carteret-Craven EMC
Water Provider
Bogue Banks Water Corp
Subdivision
Not In Subdivision
Listing courtesy of Keller Williams Crystal Coast.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of Thursday, March 28th, 2024 at 07:47:21 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither listing broker(s) nor Keller Williams shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 North Carolina Regional MLS LLC.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of Thursday, March 28th, 2024 at 07:47:21 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither listing broker(s) nor Keller Williams shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 North Carolina Regional MLS LLC.
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Contact - Listing ID 100229926
Mary Cheatham King
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