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