MLS # 127052
180 Irvin Garrish Highway
Ocracoke, NC 27960
$445,000
2
Bedrooms
2
Bathrooms
Sq. Ft.

About This Property

Double-Unit Harborfront Condo w/ Deep Water Boat Slip on Ocracoke Island for Under $450,000?? 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 unit is a front balcony (shared with the rest of the 3rd level units) 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 & 108/109 can also be purchased together & combined for a 550sf "double" condo; the "*01/*08" units are paired with the adjacent "*02/*09" 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!

Property Details

MLS:
127052
Address:
180 Irvin Garrish Highway
Town:
Ocracoke
Price:
$445,000
Estimated Monthly Mortgage:
$2,023/mo.
Listing Agent:
Rich, Bill
Listing Company:
The Rich Company of Ocracoke/OBX
Area:
Ocracoke
Subdivision:
None
Waterfront Location:
Harborfront
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
2
Baths:
2 Full / 0 Partial
Heated Area:
Sq ft.
Year Built:
Map
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