Active

2068 New River Inlet Road

North Topsail Beach NC, 28460

$5,250,000


$632.53 per sqft

Active

16 Beds

18 Baths

8,300 sqft

Residential

Built in 2015

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.

100489463

MLS ID

February 18, 2025

Listed

February 19, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

18


Full Bathrooms

16


Half Bathrooms

2


Interior Features

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


Floor Description

Carpet, Tile


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Electric, Forced Air, Heat Pump

Exterior/Building Features

Lot Size

1.11 Acres


Exterior Features

Outdoor Shower, Gas Grill


Roof

Architectural Shingle


Sewer

Municipal Sewer


Patio And Porch

Covered, Deck, Porch


Security

Security Lighting, Smoke Detector(s)


Window

DP 50 Windows, Blinds

School Information

School District

Onslow


High School

Dixon


Elementary School

Dixon

Other Property Details

Taxes

$30,264


Tax Frequency

Annually


Days on Market

1


Association Fee Frequency

Yearly


Association Amenities

See Remarks


Garage

No


Parking

On Site, Unpaved


Parking Total

0


View

Yes


View Description

Marsh View, Ocean, Sound View, Water


County

Onslow


Water Source

Municipal Water


Pool

Yes


Pool Features

In Ground


Waterfront

Yes


Waterfront Features

None


Zoning

R-20

Courtesy of Landmark Sotheby's International Realty with Daniel A Malechuk,
Listing Contact: 910-431-5159 

 

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Data last updated 2:37 AM UTC, 2/19/2025

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