Home For Sale
$300,000
180 Irvin Garrish Hwy Unit 203
Ocracoke, North Carolina, United States
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Listed By: Realtyww Info
Listed On: 09/13/2024
Listing ID: GL11187893 View More Details
Description
Harborfront Condo w/ Deep Water Boat Slip and Water Views on Ocracoke Island for Only $300, 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 and ice cream shops, fishing, charter fishing boats, parasailing and offshore tours, golf cart and bicycle rentals and much more! The actual inn rooms have been condominiumized and 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 and sleeping area, offers a fridge, microwave and coffee maker, heat and air conditioning from a thermostatically-controlled PTAC unit, vanity area with countertop and 2 sinks, full bathroom with toilet and tub/shower combo. Either one King or 2 Full beds in each unit. Every unit is scheduled to be cosmetically-refreshed with a new look over the next 2 years (cost to be covered from reserves). In front of each floor is a front courtyard (on ground level) or front balcony (on upper floors) which makes for a great place to relax and enjoy the views of Silver Lake Harbor as the sailboats, charter fishing boats, and ferries come and go; as well as enjoy the conversation and company of the other visiting guests and owners lucky enough to share the island with you! Each unit also comes with a generous deep-water boat slip; slips vary slightly in size, but all boast deep-water access, and 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 unit, plus plenty of additional guest/visitor parking spaces. SmacNally's Restaurant and Bar, also less than 50 yards away, offers dockside dining bar area with the best views of the harbor! Golf Cart, Moped and 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, and providing hands-off revenue-generating ownership for all unit owners! Crown, as well as the Marina, will both be managing the rentals of the boat slips, which will provide additional income for unit 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 $22k annually, before the association dues, which includes ALL management, cleaning, furniture, linens, maintenance, utilities, insurance, etc! Any two contiguous units can be purchased together and combined for a 550sf double condo; however the 01 units are paired with the adjacent 02 units, listed individually as well as together 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 and stairs positioned in the view sight-lines of 01 units. These 01/ 02 double-unit pairings (as well as 108 and 109, since 109 is also limited-view) are offered at further-reduced prices than the sum of the two individually. Above the fourth level are two Penthouse units, each over 1350sf, with top-level views, private sun decks, full kitchens, and much more! These penthouse condos are each currently available for purchase as well, and include an assigned parking space and a boat slip! Please call Bill at The Rich Company for more info and details about these unique offerings while stilFor more details:
Listed by: Bill Rich