Price

$1,999,000

Price Change

Decreased $300,000 1324022779

MLS#

61273

Status

ACTIVE

Type

Single Family Residential

Bedrooms

6

Bathrooms

5.0

Living Area

4,165

Land Area

0

Neighborhood

Pine Island Pud

Property Description

2011 Rentals so far are $132,260!! Stunning Oceanfront offering the utmost in quality care and construction with gorgeous unobstructed ocean views! All new landscaping...see pictures!! Enjoy the outdoors with a slow cooker, gas grill, shuffleboard, 20x40 private pool, and community pool & tennis courts! Shipswatch/loft offers amazing ocean & sound views and the floor plan is ideal! The ground floor offers a game/pool room, steam room/shower bath off the outdoor pool, excercise room (which would be great converted to a theatre room!), and 2 bedrooms! The mid floor boasts 3 spacious bedrooms and an ocean view den/media room. The top floor features a gorgeous kitchen with granite counters and incredible ocean views, 2 gas fireplaces (one in king master) and a huge sun deck! There are upgraded premium solid Oak doors, Oak trim, and Oak Wainscoting throughout the entire home! The hardwood floors as well as the pool table and Official Shuffelboard Court have recently been reconditioned and recoated along with a new pool table cover, new leather pockets & cue sticks, and new Shuffleboard cues and pucks! New landscaping has just been finished on the front, North & South Sides of the property! Brand New Interior Paint throughout home. This is an incredible opportunity to own a fabulous rental/vacation home in the sought-after community of Pine Island!

Additional Information

Air Conditioning

Heat Pump, Zoned

Appliances

Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer,2nd Dishwasher,2nd Washer,2nd Dryer

Association Ammenities

Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Association Fee Includes

Common Insurance, Management, Pool, Tennis Courts, Walkways

Cable

Available

Construction

Frame, Wood

Countertops

Granite, Laminate

Driveway

Concrete

Siding

Shakes, Wood

Extras

Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Smoke Detector(s), Steam Room, Sun Deck

Documents on File

Res. Prop. Dis.

Floor Coverings

Carpet, Tile, Hardwood

Foundation

Piling, Slab

Garage

Carport, Under

Baseboard

Electric, Heat Pump, Zoned

Insulation

Yes, Ceiling, Floor, Wall

Interior Features

Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar

Lot Description

Beach Frontage, Cul-de-sac

Optional Rooms

Foyer, Game Room, Shipswatch, Home Theater, Media Room

Parking

1-25 Spaces, Paved

Pool

Yes

Possession

At Closing

Roads

Paved, Public

Roof

Asphalt/Fiber Shingle

Sewer

Community Septic

Style

Reverse Floor Plan

View

Ocean, Sound

Well

Municipal

Land Area

0

Units

1

Zip

27927

Neighborhood

Pine Island Pud

Yearly Expense

Estimated

Foreclosure

No

Lot Dimension

35x85x307x100x360x149

Gross Income

137602

Year Built

1995

Annual Fee

2200

Directions

Head N on NC-12 to Pine Island. Rt on Black Pine Rd. Rt on Myrtle Pond Rd. Lf on Kitsys Pt Rd.

Association Fee

Yes

County

Currituck

Short Sale

No

Annual Rental Income

142450

Rental Cottage Name

Brightwaters

Furnishings Available

Yes

Bill of Sale in $

Yes

Bill of Sale Amt

1

Yearly Income Act/Est

Actual

Annual Rental Income$

142450

Gross Income YTD$

137602

Income Hist. Current Year

2011

Income Hist. Current $

137602

Income Hist. Last Year

2010

Income Hist. Last Year $

138686

Income Hist. 3 Year

2009

Income Hist. 3 Year $

135075

Rental Performance Last Yr

0.0694

Rental Performance

0.0713

Yearly Expense Act/Est

Estimated

Yr Electric Expense

3900

Yr Water Expense

510

Yr Cable TV Expense

1200

Insurance Expenses

$4,000