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46002 Ocean Dr Lot 39, Buxton, NC 27920
$599,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
Built in
1992
Experience the ultimate in oceanfront living with this exquisite property in Buxton with unparalleled ocean views from every level. Upon entering, you'll find three tastefully decorated bedrooms on the first level. The king en suite bedroom opens to a deck with a relaxing swing, perfect for soaking in the ocean vistas. A queen bedroom and a bedroom with two single beds share a full bathroom. This level provides the comfort and privacy needed for restful nights. Upstairs, the open living, dining, and kitchen area is bathed in natural light from the surrounding windows, framing the stunning ocean views. Step out onto the sundeck to enjoy the sea breeze and watch your loved ones on the beach. This level also includes a half bathroom for added convenience. A few steps up from the living area, the cozy loft provides extra space to unwind, with a queen sleep sofa, and more incredible views of the ocean. This property has seen significant upgrades, including a fortified roof installed in 2023, a new HVAC system in 2019, refreshed decks in 2016, and updated windows, siding, and doors in 2020. These updates ensure the home is well-maintained, energy-efficient, and built to last. Mermaid's Rest isn't just a beautiful home; it's also a proven income generator, producing over $73,000 in rental income in 2023 and already securing $63,000 for 2024. This makes it an excellent investment opportunity, with a history of steady rental income. Beyond the property, Buxton offers a range of local attractions. You can enjoy delicious ice cream, dine at nearby restaurants, visit the historic lighthouse, and have fun at the arcade. With shops and other amenities within walking or biking distance, you'll always find something to do in the area. Don't miss your chance to own a piece of paradise in Buxton. Schedule a visit today and experience Mermaid's Rest for yourself. This oceanfront gem awaits you with breathtaking views, modern upgrades, and consistent rental income.
Features & Amenities
Interior
- General:
- All Window Treatments, Ensuite
- Rooms:
- Loft
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
- Flooring:
- Ceramic Tile, Luxury Vinyl Plank, Vinyl
- A/C:
- Central, Heat Pump
- Heating:
- Electric, Heat Pump
Exterior
- General:
- Composite Siding, Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Dry Entry
- Style:
- Cottage, Coastal
- Parking:
- Off Street
Construction
- Roofing:
- FORTIFIED™ Roof
- General:
- Frame, Wood, Piling
Location
- Road/Access:
- Private
- County:
- Dare
Lot
- Zoning:
- R-3
- View:
- Ocean
Utilities
- Water:
- Municipal
- Sewer:
- Private Septic
Financial
- Ownership:
- Owned More than 12 Months
- Buyers Agent Compensation:
- 2.5
- Buyers Agent Flat Fee:
- 0
This listing courtesy of:
Midgett Realty - Rodanthe, Trisha M Midgett
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 Buxton, NC
Housing
- Number of Units
- 1,377
- Median Home Value
- $259,182
- Median Rent
- $892
26.98% of housing units are renter occupied.
44.28% are vacant.
Commute
- Car
-
75.32%
- Public Transportation
-
0.00%
- Walk to Work
-
2.42%
- Work from Home
-
21.59%
- Other
-
0.00%
The median travel time to work is 15 minutes.
People
- Population
- 1,635
- Median Age
- 49.00
- Median Household Size
- 2.81
Education
- High School
-
23.85%
- Associate’s Degree
-
9.53%
- Bachelor’s Degree
-
23.40%
- Graduate Degree
-
4.36%
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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