Great investment! Vacation rental with an outstanding rental history and CAP rate. It would also make a great primary home! Classic, updated, 1970s IOP beach house on the South side of the island. Great location one block to the beach and one block to Front Beach shops and restaurants. This is a .24 acre lot with a spacious backyard and a ton of outdoor living space. Full renovation and added pool in 2018-2019. Home will be sold fully furnished with an outstanding vacation rental record; however, it would also make a wonderful primary or secondary home! The ground level includes the foyer; recreation room with bar, beverage refrigerator, and microwave; primary bedroom with king size bed and en suite bath; a secondary bedroom with twin beds; a hall bath; and laundry closet.Upstairs you'll find the kitchen with Shaker-style cabinets, stainless steel appliances, stone countertops, and breakfast bar dining area with table for 8; family room with queen sleeper sofa; a second primary suite with king bed; two secondary bedrooms (one with a queen bed and one with two double beds); and a hall bath. Home is beautifully finished with custom lighting and plumbing fixtures, custom cabinetry, and floor-to-ceiling shiplap in the main areas on the second floor as well as shiplap wainscoting in the main areas on the first floor. Morning coffee and evening cocktails simply taste better when you're on the island, sitting on your second-floor deck overlooking the beautifully landscaped back yard with heated saltwater pool and Travertine patio surround. On the ground level you can choose the sun (poolside) or the shade (covered patio with L-shaped bar and 50"" TV). This turn-key property has been completely renovated from top to bottom, inside and out, and is ready to start producing income with its new owner or ready for move in!
Listing Date: 03-08-2023
Sold Date: 06-01-2023
Aprox Days on Market: 
2 month(s), 23 day(s)
Listing Sold: 
10 month(s), 17 day(s) ago
Original Asking Price: $2,650,000
Asking Price: $2,640,000
Selling Price: $2,525,000
Price Difference From Original:
Reduced By $125,000
Price Difference From Asking:
Reduced By $115,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 4
Levels: Two
Year Built: 1977
Rent Control: No
Fencing: Fence - Wooden Enclosed
Misc Ext: Deck, Patio, Covered
Exterior Features: Balcony
Pool Private: Yes
Pool Features: In Ground
Style: Traditional
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Interior Features: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Ceiling Fan(s), Bonus, Eat-in Kitchen, Entrance Foyer, Living/Dining Combo
Fireplace: No
Lot Size: 0.24
Lot Desc: 0 - .5 Acre, Level
Lot Size Units: Acres
Acres: 0.24
Lot Sqft: 10454.4
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Foundation: Slab
New Construction: No
Roof: Architectural
Property Subtype: None
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 5
Primary Bedroom Features: Ceiling Fan(s), Dual Masters, Outside Access
Room Master Bedroom Level: Lower,Upper
Sold Date: 2023-06-01T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 2428
Water Source: Public
Utilities: Dominion Energy, IOP W/S Comm
Heating: No
Water Sewer: Septic Tank
Cooling: No
Waterfront: No
Courtesy of listing office AgentOwned Realty Preferred Group - 843-886-9993