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Active 2068 New River Inlet Road, North Topsail Beach, NC 28460

$5,250,000 Sq/Ft: 8,300 16 18 MLS#: 100489463 Market Days: 29

Location

Welcome to Southern Grace, an extraordinary 16-bedroom, 18-bathroom oceanfront estate on North Topsail Beach that sleeps 60 - one of the largest homes on Topsail Island and a rare investment opportunity producing over $500K in gross rental income in 2023 and 2024 with several hundred thousand already on the books for 2025. With 8,300 sq. ft. of coastal luxury on an expansive 1.11-acre lot, this turnkey property is a proven income producer with an impressive IRR and future revenue already on the books for 2025. This high-yield premier investment property is designed for multi-generational family vacations, corporate retreats, weddings, reunions, and special events, and commands strong rental income through its unmatched accommodations and prime beachfront location. With ample parking, a private oceanfront pool, and a tiki bar, this home caters to large groups seeking the ultimate coastal escape. With multiple living areas that are perfect for large gatherings, elevator access to all levels, and expansive oceanfront porches ideal for morning coffee or watching dolphins play in the surf, this home has it all. Offered fully furnished and stocked, it is immediately ready to begin producing rental income for the buyer. A rare slice of Topsail Island paradise, Southern Grace is perfectly positioned to showcase breathtaking sunrises over the Atlantic, with direct beach access from your doorstep. Located on one of the largest oceanfront lots on the island, this estate offers both seclusion and convenience, making it an irreplaceable asset for investors and luxury buyers alike. With a strong track record of rental success, Southern Grace is ready to continue producing income for its next owner. This one-of-a-kind estate is an unparalleled opportunity to own a high-performing beachfront investment in one of North Carolina's most desirable coastal destinations.

More Information

City Limits: Yes

Lot Acres: 1.110

Water Front: Yes

Heated SqFt: 8000 - 8499

Days On Market: 29

Waterview: Yes

Construction Type: Stick Built

New Construction: No

Construction: Wood Frame

Foundation: Pilings

Heating: Electric,Forced Air,Heat Pump

Cooling: Central Air,Zoned

Fireplace : None

Flooring : Carpet,Tile

Fuel Tank : Above or Below Ground,Fuel Type,Owned or Leased

Subdivision : Other

Lot Dimensions : 65 x 747

HOA and Neigh Amenities: See Remarks

Pool/Spa: In Ground

Porch/Balcony/Deck: Covered,Deck,Porch

Interior Features

  • Elevator

  • 9Ft+ Ceilings

  • Vaulted Ceiling(s)

  • Ceiling Fan(s)

  • Furnished

  • Pantry

  • Reverse Floor Plan

Exterior Features

  • DP50 Windows

  • Gas Grill

  • Outdoor Shower

  • Security Lighting

Dining Room Type

  • Combination

Lot Water Features

  • None

Fencing

  • Back Yard

Garage Parking

Garage Parking Attached : 0.00

Garage Parking Detached : 0.00

Garage Parking Total : 0.00

Carport Attached : 2.00

Carport Detached : 0.00

Carport Total : 2.00

Garage Parking RV Boat : 0.00

Garage Parking Driveway : 40.00

Parking Driveway : On Site,Unpaved