MLS # 108644
46244 Old Lighthouse Rd.
Buxton, NC 27920
$489,000
5
Bedrooms
4 Full
1 Partial
Bathrooms
2,563
Sq. Ft.

About This Property

This solid rental performer of 10.74% ROI delivers. On-the-book rental 2020 numbers already hitting $38,700 in advertised rental income as of the beginning of March. The Playhouse Too is a classic beach cottage in a nostalgic Buxton seaside location. This oceanside community proudly boasts stunning beaches with world-class surf fishing at Cape Point in one of the most coveted, uncrowded locations on Hatteras Island with village shopping and food eateries down the street. Just imagine having the best of neighborhood playmates, the Atlantic Ocean and the Pamlico Sound, just minutes away for those long beach walks and all-day water fun. From sunrise to sunset, the breathtaking views of both the ocean and sound can be yours every day. Decking galore, a screened-in porch and a Crow’s Nest too will maximize your ability to stay connected to the salty smell of ocean breezes. The resort-like backyard pool with wooden decking and a hot tub is an irresistible escape for lasting entertainment. This three-story five bedroom cottage with two master suites will easily accommodate your vacay buddies. The first-floor bunk room will be a definite fav for teenagers and adults alike who might want to stay up a bit later than normal. Other mentionables include: open concept living, dining and kitchen reverse floor plan; a huge, first-floor game room with wet bar and a roomy outside shower. Also worth talking about is the Buxton Beach Nourishment Program to begin 2022.

Property Details

MLS:
108644
Address:
46244 Old Lighthouse Rd.
Town:
Buxton
Price:
$489,000
Estimated Monthly Mortgage:
$2,223/mo.
Listing Agent:
Whitaker, Elaine
Listing Company:
NC 12 Realty
Area:
Buxton Oceanside
Subdivision:
Diamond Pt Est
Waterfront Location:
More than 5th row
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
5
Baths:
4 Full / 1 Partial
Heated Area:
2,563 Sq ft.
Year Built:
2002
Rental Co:
Surf or Sound Realty
Rental Cottage Number:
 
Annual Income:
$52,540
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