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54
Photos
N 1502 Lumina Avenue, Wrightsville Beach, NC 28480
$1,995,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,478
sqft
Built in
1946
Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment.Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement.The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.
Features & Amenities
Interior
- General:
- Furnished
- Flooring:
- Concrete,Tile,Wood
- A/C:
- Central,Wall/Window Unit(s)
- Heating:
- Forced Air, Electric
Exterior
- General:
- None
Construction
- Roofing:
- Shingle
Location
- County:
- New Hanover
Lot
- Zoning:
- R-2, LOT 2 BLK 17 NORTH SHORES, R05813-009-009-000
This listing courtesy of:
Cadence Realty Corporation
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Wrightsville Beach, NC
Housing
- Number of Units
- 1,870
- Median Home Value
- $816,819
- Median Rent
- $1,379
20.28% of housing units are renter occupied.
58.78% are vacant.
Commute
- Car
-
53.32%
- Public Transportation
-
0.00%
- Walk to Work
-
0.72%
- Work from Home
-
44.65%
- Other
-
0.41%
The median travel time to work is 10 minutes.
People
- Population
- 1,633
- Median Age
- 46.50
- Median Household Size
- 2.21
Education
- High School
-
15.79%
- Associate’s Degree
-
5.62%
- Bachelor’s Degree
-
48.12%
- Graduate Degree
-
19.41%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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