164 Lighthouse Rd Lot 1, Ocracoke, NC 27960

$899,000 Asking Price

1 bath
Built in 1900

Rebecca and Wallace's is an opportunity to own an oversize parcel in the heart of historic old Ocracoke! 22,806 square feet of yesteryear! Lovely grassed yard with mature pine, live oaks and cedar trees as well as figs! Just relaxing in the yard brings back memories of fishing tales and carvers' dreams. Old buoy's and hand- made shell wind chimes hang from live oaks, a reflection of slower and simpler times. The original home with a white picket fence was built in the early 1900's, faces Lighthouse Road, and is a "blank canvas". The home flooded in Dorian; however, just as other older homes on Ocracoke, it was built to dry out easier after floods. Having no insulation, the water flowed in and out without barriers. The home has been taken to the studs waiting for that special craftsman/carpenter to bring it back to its original splendor. It will take a lot of work, but for the right person it will be a labor of love. In addition to the original home there is a charming vintage studio apartment with a small living, sleeping & kitchen area with luxury plank vinyl flooring, ceiling fan, P-TAC unit, a half bath, outdoor shower and large open deck. Attached to the studio is a shed for tools, beach and fishing equipment. There is enough property in the back of the studio for an additional home. So many opportunities! Property conveys with one water meter and (3) 4 bedroom septic permits. The listing price reflects the property in its current condition and potential; however, if the original buildings were removed there may be the opportunity for an additional building site. Property is being offered in its current state.

Features & Amenities

Exterior

Style:
Bungalow, Cottage, Coastal, Historic, Traditional
Parking:
Off Street

Construction

Roofing:
Asphalt/Fiber Shingle

Location

Road/Access:
Paved, Public
County:
Hyde

Lot

Zoning:
Mixed

Utilities

Water:
Municipal

Financial

Ownership:
Owned More than 12 Months
Buyers Agent Compensation:
3
Buyers Agent Flat Fee:
0

This listing courtesy of:
Village Realty Holdings dba Ocracoke Island Realty, Martha K Garrish

About Ocracoke, NC

Housing

Number of Units
1,298
Median Home Value
$380,747
Median Rent
$697

32.46% of housing units are renter occupied.

60.43% are vacant.

Commute

Car
62.59%
Public Transportation
0.00%
Walk to Work
0.40%
Work from Home
13.51%
Other
21.17%

The median travel time to work is 12 minutes.

People

Population
1,014
Median Age
42.10
Median Household Size
2.42

Education

High School
20.65%
Associate’s Degree
0.00%
Bachelor’s Degree
25.17%
Graduate Degree
9.73%

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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