180 Irvin Garrish Hwy Unit 308, Ocracoke, NC 27960

$329,000
1
BD
1
BA
340
SqFt

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List Price
$329,000
Status
PENDING
MLS#
100494775
Days on Market
79
Year Built
1982
Levels
Three Or More
Bedrooms
1
Bathrooms
1
Full-baths
1
Living Area
340
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 The Anchorage for decades - eating at SmacNally's, renting golf carts on-site, relaxing in the sun at the swimming pool, using the deep-water docks w/ large boat slips & the Marina - all a short walk away! Under new ownership, The Anchorage has been condominiumized, providing the opportunity to own an income-producing inn room w/ a deep-water boat slip, at prices consistent w/ a small lot on the Island! Unit 308 is on the 3rd level & has 2 valuable bonuses that most other units do not: a larger front porch to enjoy BREATH-TAKING WATER VIEWS, & EXTRA SQUARE FOOTAGE which can be turned into a kitchen! 308 & 309 can be combined for a 608sf 2BA DOUBLE unit, at a HUGE Price Discount! These NEWLY-RENOVATED units come freshly-painted & outfitted w/ new furniture, new beds, new appliances & new decor - all purchased & paid-for by the Developer! Crown Management is the new on-site property manager; handling all vacation rental marketing, reservations, guest services, & accounting. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the POA. Each unit is expected to net between $22k - $25k after deducting POA dues - which cover 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 (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!

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

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Calculator source: Real Geeks

Listing courtesy of The Rich Company of Ocracoke.

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