180 Irvin Garrish Hwy Unit 404, Ocracoke, NC 27960
- $339,000
- 1
- BD
- 1
- BA
- 275
- SqFt
- List Price
- $339,000
- Status
- PENDING
- MLS#
- 100493608
- Days on Market
- 84
- Year Built
- 1982
- Levels
- Three Or More
- Bedrooms
- 1
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 275
- Neighborhood/Complex
- Not In Subdivision
Property Description
The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed staying at The Anchorage for decades, eating at SmacNally's, using the Marina, & renting golf carts from our on-site cart rental business (all a short walk away), relaxing in the swimming pool & on the tanning deck, using the deep-water docks w/ large boat slips in the Silver Lake Harbor, & much more! Under new ownership, The Anchorage has been renovated & condominiumized, giving you the opportunity to own an income-producing inn room with a deep-water boat slip, all at a price consistent with that of a small slice of raw land here on the Island! Unit 404 is on the 4th level, offering stellar views of Silver Lake Harbor & the Sound beyond! The Anchorage units come freshly-painted & newly-outfitted with new furniture, new beds, new appliances & new decor - all paid-for by the Developer! Crown Management is the new on-site property manager; they handle all marketing, reservations, guest services, & accounting for the vacation rentals. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the Anchorage POA. Each unit is expected to net between $22k - $25k after deducting the POA dues - which covers building maintenance (interior & exterior), landscaping, ALL utilities (power, water, cable, internet), & the insurance for each property owner, master insurance policy for the OA & common areas, AND the flood insurance policies for the property & each unit! (before Crown Management's STR fees). The Anchorage sits on one of the higher properties on Ocracoke Island. Until Hurricane Dorian, the property had never flooded & hasn't since. Minimal water came in during Dorian (less than 1''), and was in & out in minutes. You can use or rent the deep-water boat slip - a short walk away. Many 2025 Spring, Summer & Fall dates are fully-booked! Buy now & inherit these lucrative reservations!
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Additional Information
- HOA (annual)
- $4,705
- Available Amenities
- Roof Maintenance, Waterfront Community, Barbecue, Boat Dock, Boat Slip - Assigned, Cabana, Community Pool, Elevator(s), Flood Insurance, Heating/Cooling, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Marina, Master Insure, Pest Control, Picnic Area, Ramp, Restaurant, Sewer, Sidewalks, Trash, Water, See Remarks, Cable TV
- Appliances
- Mini Fridge, Other, Generator
- Interior Features
- Whole-Home Generator, Elevator, Furnished, Drapes/Blinds
- Cooling
- Other, Window/Wall
- Heating
- Other, Electric, Forced Air
- Foundation
- Slab
- Roof
- Shingle, Composition
- Exterior Features
- Outdoor Shower, No USPS Mail Delivery
- Lot Information
- Other, Level, Corner Lot, Boat Slip, Dock, Bulkheaded, Sailboat Accessible
- Waterfront
- Yes
- Utilities
- Water Available
- Lot Water Features
- Pier, Bulkhead, Deeded Access, Harbor, Marina, Sound, Water Access Comm, Sailboat Accessible
- Water
- Public
- Elementary School
- Ocracoke
- Middle School
- Ocracoke
Mortgage Calculator
Listing courtesy of The Rich Company of Ocracoke.
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