Residential

180 Irvin Garrish Highway, Ocracoke

$400,000.00

Bedroom 2 bedrooms
Bathroom 2 baths

  • MLS #: 127051
  • Status: Active
  • Address: 180 Irvin Garrish Highway, Ocracoke, NC 27960
  • Date Listed: 9/23/2024
  • Days on Market: 11
  • Stipulations: No
  • Subdivision: None

Location Location

Agent Comments Agent Comments
Double-Unit Harborfront Condo w/ Deep Water Boat Slip on Ocracoke Island for Only $400,000?? Yes, Please! The Anchorage is located in the heart of the village on Ocracoke Island, on Silver Lake Harbor just a short walk from the ferry docks, restaurants, shopping, coffee & ice cream shops, fishing, charter fishing boats, parasailing & offshore tours, golf cart & bicycle rentals & much more! The actual inn rooms have been condominiumized & are selling individually, paired with a deep water boat slip on the Silver Lake Harbor, directly in front of the Inn. Four floors of studio-style suites, each with approximately 275sf featuring an open area which serves as both the living & sleeping area, offers a fridge, microwave & coffee maker, heat & air conditioning from a thermostatically-controlled PTAC unit, vanity area with countertop & 2 sinks, full bathroom w/ toilet & tub/shower combo. Either one King or 2 Full beds in each unit. Every unit will be cosmetically-refreshed with a new look over the next 2 years (cost to be covered from reserves). This Double Unit offers 550sf w/ 2 Bathrooms & 2 large open areas (1 BA could be converted into a kitchenette w/ a BR & a LR ine the 2 open spaces, making a proper 1BR condo!). In front of each floor is a front courtyard (on ground level) or front balcony (on upper floors) with views of Silver Lake Harbor where sailboats, charter fishing boats, and ferries come & go. This comes with a generous deep-water boat slip; slips vary slightly in size, but all boast deep-water access, & mere feet away from the Marina, where boats can gas up conveniently! An outdoor pool, private to only those at the Anchorage, with sundeck awaits, less than 50 yards away! The front parking area includes an assigned parking space for each owner, plus plenty of additional guest/visitor parking spaces. SmacNally's Restaurant & Bar, also less than 50 yards away, offers dockside dining bar area with the best views of the harbor! Golf Cart, Moped & Bicycle rentals are available onsite, from retail providers whose storefronts are on the Anchorage property. As of January of 2025, Crown Vacations will begin managing both the vacation rental side of all units, as well as the Owners Association - streamlining owner affairs & providing "hands-off" revenue-generating ownership for all unit owners! Crown, as well as the Marina, will both be managing boat slip rentals, which will provide additional income for owners! Slips will be rented transiently (by the night or week) or can be rented along with a unit if a guest wishes to do so. Association fees include all utilities, taxes, insurance, management fees, linens, cleaning, supplies... an "all-inclusive" association fee! Single units are forecasted to NET around $21k annually (up to $42k for this double unit), before association dues, which include ALL management, cleaning, furniture, linens, maintenance, utilities, insurance, etc! * 101/102 & 301/302 can also be purchased together & combined for a 550sf "double" condo; the "*01" units are paired with the adjacent "*02" units, (also listed individually) creating a double-unit at a discounted price, providing the harbor views from the large front picture window on the "*02" side, since the "*01" units have limited views due to the elevator & stairs positioned in the view sight-lines of "*01" units. These *01/*02 double-unit pairings (as well as 108 & 109, since 109 is also limited-view) are offered at further-reduced prices than the sum of the two individually. ** Above the 4th level are two "Penthouse" units, each over 1350sf, with top-level views, private sun decks, full kitchens, & much more! These penthouse condos are currently available for purchase as well, & include an assigned parking space as well as a boat slip! Please call Bill at The Rich Company for more info & details about these unique offerings while still available!

Amenities Amenities
  • Microwave
  • Refrigerator

Interior Features Interior Features
  • Cool System: Wall Units
  • Heat System: Electric, Forced Air, Other
  • Floors: Ceramic Tile, Luxury Vinyl Plank
  • Interior: All Window Treatments, 1st Flr Ensuite, Ensuite
  • Amenities: Boat Dock, Board Walk, Common Area, Outdoor-Comm. Pool, Playground
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Parking: Parking Lot, Off Street, Reserved
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Exterior: Block, Brick
  • Waterfront Features: Harborfront
  • Sewer/Septic: Non Conventional Septic
  • Approximate Lot Size: 0
  • Foundation: Slab
  • Garage Description: None
  • Pool Description: Association Pool, Heated, Outdoor
  • Lot Description: Adj. To Common Area, Bulkheaded, Corner, Level, Water Frontage
  • Lot Faces: SW
  • Lot Size: 0
  • Roads: Paved, Public
  • Street Frontage: 435
  • Style: Coastal
  • View Description: Harbor, Sound
  • Water Access: Municipal

Additional Features Additional Features
  • County: Hyde
  • Property Type: Condo
  • Year Built: 1982
  • HOA Fee Required: Yes
  • HOA Fee: 10556
  • HOA Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Other-See Remarks, pool, Sewer/Septic, Water, Walkways
  • Is an REO: No
  • Bill of Sale: No
  • Bill of Sale Amount: 0
  • Condo Type: Attached
  • Construction: Frame, Masonry, Wood
  • Extras: Cabana, Common Laundry Area, Covered Decks, Elevator, Handicap Friendly, Landscaped, Outside Lighting, Patio, Smoke Detector(s), Sun Deck, Tiki Bar, Boat Dock
  • Optional Rooms: Studio
  • Original Price: 400000
  • Ownership: Owned 12 Months or less
  • Primary Residence: No
  • Taxes: 1406
  • Tax Year: 2023

Seller's Representative: Bill Rich, The Rich Company of Ocracoke/OBX
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