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235 Frost Lane $2,900,000

MLS#: 100229926
Address: 235 Frost Lane
City / Zip: Salter Path, NC 28512
Type: Residential / Single Family Residence

4500 - 4999

SQ Ft

7

Bedrooms

7

Bathrooms

Overview

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TWO separate homes each with a pool -- incredible waterviews and rental income from this gorgeous house with a guest house, both overlooking the ocean and both with their own pool. NO CITY TAXES or beach renewal taxes! Beautiful property that sits atop a natural dune, these homes provide luxury, comfort and wonderful spaces to gather with family and friends -- it is no wonder that they are called the Dream Maker (main house) and Memory Maker (guest house). HUGE opportunity - your family can enjoy both homes, use one and rent one, or use both as income-producing investments. The homes are currently on the rental market and rent separately, creating two streams of income. The main house is 3 stories with an elevator featuring 7 bedrooms, 7.5 baths, spacious living areas, home theater, game room with kitchenette on the first floor and ample decking. The guest house offers 3 bedrooms, 3 full baths, spacious living areas, family room, patio and deck to extend the living space. This property is adjacent to the former Roosevelt Heirs land that was gifted to the State of North Carolina which is a part of the Salter Path history (see documents). Great rental history and potential: the 2020 combined rental income of $232,686 / year +/- Please see documents for rental history and the vacation rental addendum. Special note: exterior is IFC - insulated concrete forms that have 200+ mph wind load, impact windows and R-50 insulation factor in the walls for safety, security and energy efficiency.

This listing is provided courtesy by Mary Cheatham King Real Estate team, Keller Williams Crystal Coast

Mapp

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features

      • Blinds/Shades
      • Ceiling Fan(s)
      • Elevator
      • Furnished
      • Gas Logs
      • Home Theater
      • Walk-in Shower
      • Walk-In Closet
      • Wet Bar
    • Flooring

      • Carpet
      • Tile
      • Wood
    • Appliances

      • Central Vac
      • Compactor
      • Convection Oven
      • Dishwasher
      • Disposal
      • Downdraft
      • Dryer
      • Ice Maker
      • Microwave - Built-In
      • Refrigerator
      • Stove/Oven - Electric
      • Washer
      • Water Softener
    • Cooling

      • Central
    • Heating

      • Heat Pump
    • Sewer

      • Septic On Site
      • Well Water
    • Fireplace

      • 1
    • Roof

      • Composition
      • Shingle
    • Dining Area

      • Combination
    • Foundation

      • Slab
    • Exterior Features

      • Outdoor Shower
      • Concrete
      • Wood Frame
    • Parking

      • On Site
      • Paved
    • Neighborhood Amenities

      • No Amenities
    • Pool

      • In Ground
      • See Remarks
    • Road Type/Frontage

      • Private
    • Exterior Finish

      • Stucco
      • Vinyl Siding
    • Exterior Structures

      • Shower
    • Fencing

      • Full
    • HOA Amenities

      • No Amenities
    • Laundry Location

      • Hookup - Dryer
      • Hookup - Washer
    • Lot Water Features

      • Ocean Side
      • Ocean View
      • Water View
    • Porch / Balcony / Deck

      • Covered
      • Deck
      • Open
      • Patio
    • Waterview / Front

      • Ocean Side
      • Ocean View
      • Water View

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