Surf City - Beach Property For Sale #7677933

MAJOR PRICE REDUCTION -- SELLER ENCOURAGES ALL OFFERS! Experience breathtaking panoramic oceanfront views from this custom-built coastal retreat, ideally located on a quiet, newly developed dead-end street just moments from the Surf City Pier. Nearing completion, this thoughtfully designed home offers 6 bedrooms and 6.5 bathrooms across four spacious levels, blending luxury, comfort, and strong investment potential. Positioned on an elevated lot in FEMA Flood Zone AE, the property includes a rare and highly valuable CAMA permit for an oceanfront in-ground pool--an uncommon opportunity on the island. Additionally, AE zoning typically allows for more favorable flood insurance rates compared to VE zones, offering long-term savings. Rental projections from Paragon Vacations estimate impressive gross annual income of approximately $192,500 without a pool and up to $225,500 with a pool, based on comparable properties and current market trends. Full documentation is available upon request. Inside, the home features two oceanfront primary suites with private decks, along with four additional ensuite bedrooms, providing ample space and privacy for guests. An elevator services all floors for effortless accessibility. The top level showcases an open-concept living area designed to maximize the stunning ocean views, with expansive windows filling the space with natural light. The gourmet kitchen is equipped with high-end stainless steel appliances, including two refrigerators, a 48'' double-oven range, speed microwave, two dishwashers, a large island, pantry, and abundant cabinetry--ideal for entertaining. Additional highlights include a spacious dining area with water views, a living room with fireplace and wet bar, and a custom shiplap feature wall. Dual washer and dryer sets (one of each bedroom level)add convenience for larger groups and rental use. Enjoy private beach access, multiple oceanfront decks, ground levelfoyer space for game room and the best of coastal living in this exceptional new construction home. Home is currently under construction; interior photos are virtually staged. Seller is a licensed North Carolina real estate agent