North Topsail Beach, NC 28460 2068 New River Inlet Road

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Presented By: Landmark Sotheby's International Realty
  • MLS# 100489463
  • 02/18/2025
  • Request Tour
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  • Beds • 16
  • Full/Half Baths • 16 / 2
  • SQFT • 8,300

Home Details

Welcome to Southern Grace, an extraordinary 16-bedroom, 18-bathroom oceanfront estate on North Topsail Beach that sleeps 60 - one of the largest homes on Topsail Island and a rare investment opportunity producing over $500K in gross rental income in 2023 and 2024 with several hundred thousand already on the books for 2025. With 8,300 sq. ft. of coastal luxury on an expansive 1.11-acre lot, this turnkey property is a proven income producer with an impressive IRR and future revenue already on the books for 2025. This high-yield premier investment property is designed for multi-generational family vacations, corporate retreats, weddings, reunions, and special events, and commands strong rental income through its unmatched accommodations and prime beachfront location. With ample parking, a private oceanfront pool, and a tiki bar, this home caters to large groups seeking the ultimate coastal escape. With multiple living areas that are perfect for large gatherings, elevator access to all levels, and expansive oceanfront porches ideal for morning coffee or watching dolphins play in the surf, this home has it all. Offered fully furnished and stocked, it is immediately ready to begin producing rental income for the buyer. A rare slice of Topsail Island paradise, Southern Grace is perfectly positioned to showcase breathtaking sunrises over the Atlantic, with direct beach access from your doorstep. Located on one of the largest oceanfront lots on the island, this estate offers both seclusion and convenience, making it an irreplaceable asset for investors and luxury buyers alike.With a strong track record of rental success, Southern Grace is ready to continue producing income for its next owner. This one-of-a-kind estate is an unparalleled opportunity to own a high-performing beachfront investment in one of North Carolina's most desirable coastal destinations.
Presented By: Landmark Sotheby's International Realty

Interior Features for 2068 New River Inlet Road

Bedrooms

Master Bedroom LevelPrimary Living Area
Total Bedrooms16

Bathrooms

Total Bathrooms18.00

Other Interior Features

FireplaceNone
FlooringCarpet, Tile
Interior Features9Ft+ Ceilings, Reverse Floor Plan, Smoke Detectors, Elevator, Pantry, Furnished, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
List Price/SqFt584.34
StoriesTwo

Other Rooms

Dining RoomCombination
Rooms22

General for 2068 New River Inlet Road

CityNorth Topsail Beach
City LimitsYes
Cobra ZoneYes
ConstructionWood Frame
CoolingCentral, Zoned
CountyOnslow
Days on Market58
Full Baths16
Geo Lat34.522803
Geo Lon-77.353158
HOANo
HOA and Neigh AmenitiesSee Remarks
Half Baths2
Handicap AccessibleElevator
Heated Area8000 - 8499
HeatingForced Air, Heat Pump
Listing Member NameDaniel A Malechuk
Location TypeIsland
Lot Sqft48569.00
New ConstructionNo
On Site Pool/SpaIn Ground
Property TypeA
RoofArchitectural Shingle
School DistrictOnslow
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Stories2.0
Sub-TypeSingle Family Residence
SubdivisionOther
Tax Assessed Value2789295.00
Tax Year2023
TermsCash, Conventional
UtilitiesMunicipal Sewer, Municipal Water
WaterviewYes
Year Built2015
ZoningR-20

Exterior for 2068 New River Inlet Road

Attached Carport Spaces2.00
Attached Carport Spaces0.00
Construction TypeStick Built
Detached Carport Spaces0.00
Driveway Spaces40.00
Exterior FeaturesDP50 Windows, Outdoor Shower, Security Lighting, Gas Grill
Exterior FinishFiber Cement
FencingBack Yard
FoundationPilings
Frontage TypeOcean Front
Garage & Parking: Total # Garage Spaces0.00
Garage & Parking: Total Carport Spaces2.00
Lot3
Lot Acres1.11
Lot Dimensions65 x 747
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Parking FeaturesOn Site, Unpaved
Patio and Porch FeaturesBalcony, Porch, Covered, Deck
Road Type/FrontagePaved, Public (City/Cty/St)
View TypeMarsh View, Water View, Sound View, Ocean View
WaterfrontYes

Additional Details

Price History

Micheal Byrd

Price $4,850,000
MLS#100489463
List Date 02/18/2025
Property Type Single Family
Phone 910.616.2290
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