Price Reduced Listing
5213 Ocean Drive E&w,Emerald Isle, NC 28594
Emerald Isle, NC 28594
Description
Summerplace is a fully-furnished oceanfront 8bdrm, newly updated, meticulously maintained, turnkey rental duplex with partial seller financing available with substantial down payment, located on the glistening Crystal Coast's prized beaches of Emerald Isle, with generous setback, new wide gravel driveway w solar lighted border, stunning ocean views from 6 of the 8 bedrooms. See Virtual Tour! Private beach access via newer solar-lighted deck terminates in rebuilt 16'x16' dune deck w. rocking chairs for coffee or sunset cocktails, then 4 steps to the sand! Visit the Aquarium in Pine Knoll Shores in 15 min. or Bogue Island Fishing Pier in 10, & restaurants galore. Rents grossed $128K '22, $135K '23, $135K in '24 in under 14 weeks due to elective personal use, imagine year round rentals! Financials, Cash flow docs avail. A professional Prop Mgt Firm could have this rented many more weeks, see 35 Week Proforma! Family used most of 2025 time due to remodeling and illness, but May-Sept 2026 already booked at $121.5K. A pool, with proper permits, would increase rents further, buyer to assess. Each side has 4br2ba but with five beds on each side, the duplex sleeps 18. Upgrades 2022-2026 include: stainless steel appliances, granite countertops, smooth ceilings, recessed lighting, new sinks, new hardware, new main FL baths w. custom tiled showers and floors w. epoxy grout, main FL bedrooms with newer drywall, wainscoting, carpeting and wall lamps, new fans 1st FL, new beadboard wainscoting 2nd FL bedrooms, newer high-impact windows reset w. new flashing, new siding rear & sides, newer roof (2018), interior/exterior painted, HOT WATER and new plumbing in all three newer outdoor showers, outdoor showers ALL have HOT WATER, newer 2nd Floor deck with ocean views accessible to all 4 second FL bedrooms, HVAC replaced in the winter of 2022-2023, newer hot water heaters, electric panels, buried lines, and water lines upgraded to facilitate sale of one side if buyer chooses. Home sits on a deep .34 acre oceanfront lot with 8 bedroom septic, separate 4 bedroom septic permitted on each side, both pumped in Q4 2024. The owners self-manage units w. VRBO and direct website. Supplies, sand toys, boogie boards, outdoor furniture and linens all convey. Come peruse the reviews of paradise in our guest books to an ocean breeze on the dune deck!
Details
| MLS # | 100549892 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 217 |
| Listing Provided By | Russell Homes and Land | Marge "Meg" Russell |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,406 |
| Story(s) | 2 |
| Units | 2 |
| Zoning | RMF |
| Acreage | 0.34 |
| Water Front | Deeded Beach Access |
| Property View | Ocean, Water |
Interior
| Interior Features | Master Downstairs, 2nd Kitchen, Ceiling Fan(s), Furnished, Pantry, Blinds/Shades, Eat-in Kitchen |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Heat Pump |
| Laundry Features | Laundry Room |
| Furnished | Furnished |
Exterior
| Exterior Features | Balcony, Storm Doors |
|---|---|
| Roof | Architectural Shingle |
| Foundation Details | Other, Raised, Pilings |
| Lot Features | Deeded Beach Access, Ocean Side |
| Waterfront Features | Deeded Beach Access |
| View | Ocean, Water |
| Construction Materials | Wood Siding, Fiber Cement, Wood Frame |
| Security Features | Smoke Detector(s), Security Lights |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Gravel, Aggregate, Lighted, Off Street, On Site, Unpaved |
Utilities
| Utilities | Cable Available, Electricity Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 1782521 |
|---|---|
| Tax Book Number | 33 |
| Tax Legal Description | Lot5 Block21 Summerplace |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Carteret |
| City | Emerald Isle |
| Zip Code | 28594 |
| Elementary School | White Oak Elementary |
| High School | Croatan |
| Listing VS Median (in 28594) | |
Price: $2,060,000 low | high Med: $830,000 sqft: 2,406 low | high Med: 1,800 $ / sqft: $856 low | high Med: $461 On site: 217 low | high Med: 53 | |
Market Activity 28594
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Learn More About This Property
| State | NC |
|---|---|
| County | Carteret |
| City | Emerald Isle |
| Zip Code | 28594 |
| Elementary School | White Oak Elementary |
| High School | Croatan |
| Listing VS Median (in 28594) | |
Price: $2,060,000 low | high Med: $830,000 sqft: 2,406 low | high Med: 1,800 $ / sqft: $856 low | high Med: $461 On site: 217 low | high Med: 53 | |
