Listing Details For 58947 South Beach Drive in Hatteras

MLS #: 80797
58947 South Beach Drive
Hatteras, NC 27943
Selling Price: $1,240,750
Asking Price: $1,450,000
Closing Date: 6/11/2014
Status: Sold CO OP by Member
Status Date: 6/11/2014

Listing Information

Headline$150,000 in rental income!
AreaHatteras Oceanside
Full Baths7
Partial Baths2
Asking Price$1,450,000
Price Date6/11/2014
Original Asking Price$1,475,000
Price Per Square Foot$245
Days On Market253
Cumulative Days On Market418
Days On MLS252
Cumulative Days On MLS393
Listing Date10/1/2013
Listing TypeExclusive Right Sell
Input Date Date10/2/2013
Update Date6/11/2014 8:57:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
StyleReverse Floor Plan,Coastal
Year Built1999
Heated Living Area5922
Air ConditoningCentral,Heat Pump,Zoned
HeatingCentral,Electric,Heat Pump,Zoned
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator,Stackable Washer/Dryer
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Walk in Closet,Washer Connection
ExtrasBeach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Central Vacuum,Covered Decks,Elevator,Handicap Friendly,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Tile,Wood,Hardwood
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator,Stackable Washer/Dryer
BuilderRenovation by Mike Epping
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Vinyl
ExteriorLap Siding,Wood
Bedroom 1 Level2
Bedroom 2 Level 1
Bedroom 3 Level 1
Bedroom 4 Level 1
Bedroom 5 Level 1
Bedroom 6 Level Ground
Bedroom 7 Level Ground
Living Room Level 2
Kitchen Level 2
Dining Room Level 2
Game Room Level Ground
Game Room SizeHuge
Optional RoomsGame Room,Sun/Florida Room,Home Theater,Media Room
Optional Room 1 Level Ground
Optional Room 1 SizeHm.Theater
Optional Room 2 Level 2
Optional Room 2 SizeShuffleBrd
Virtual TourShuffleBrd

Lot Details & Legal Description

Address58947 South Beach Drive
SubdivisionHatteras Lnding
Full Subdivision NameHatteras Landing
Deed Page0642
Deed Book1218
Doc Timestamp3/26/2014 3:15:00 PM
Pin Number958411565662
Tax Database ID4
Tax Property ID958411565662
Lot Square Feet16775
Lot DescritionAdj to Park Serv./Preserv,Beach Frontage,Easement(s),Level,Water Frontage
View DescriptionOcean,Park Serv/Preserve,Sound
Distance To WaterOceanfront
Flood ZoneAE,VE
Association AmenitiesOcean Access,Sound Access,Board Walk,Common Area

Property Expense & Utilities

If the seller of this property located at 58947 South Beach Drive in Hatteras has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NYes
Annual Association Fee$1,950
Association Fee IncludesRoad Maintenance,Walkways
Tax Year2013
Property Taxes$7,485
Hazard Insurance$7,592
Yearly Expenses Actual/Estimated$7,592
Yearly Cable Expense$1,525
Yearly Electrical Expense$7,512
Water SourceMunicipal
Yearly Water Expense$1,303
Other Expenses$1,544
Other Expenses 2$1,091
Septic Disposal SystemPrivate Septic
Septic/Sewage Fee$200
Pool/Spa Expense$1,400


Rental Cottage NamePond View
Rental Cottage #230
Rental Turnover DaySaturday
Finance OptionsCash,Conventional,Non-conforming/Jumbo
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing,Subject to Tenancy
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count9

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 58947 South Beach Drive is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$142,335
Current Rental Income Amount$136,285
Current Rental Year2011
Last Year2014
Rental Income Last Year$140,795
Last Year2014
Gross Income 2013 $$142,335
Gross Income Year To Date$142,130

Listing Agent Remarks

"Pond View" represents the best of the best. Attention has been given to every detail and the maintenance history, additions and renovations will provide the owners with peace of mind that this home is in tip top shape. You and your guests will marvel at the ocean views throughout the floor to ceiling walls of windows or watch the ferries and fishing boats come and go on the sound side. Enjoy get-togethers in a perfect setting with chef's kitchen, spacious dining with wetbar and second refrigerator, sitting area with fireplace, game table and shuffleboard (new in 2013) and then retreat to the top floor master which shares the double-sided fireplace with the living room. Guests will have four luxurious suites on the middle level or can choose from the two masters downstairs. Five bedrooms have new bamboo flooring. The recent addition of a theater room boasts a 100" screen and cinema seating for nine. There is another HD TV in the game room with large seating area, kitchenette, foosball, billiards and ping pong. The ocean front pool area includes a tiki bar with gas and charcoal grills, plenty of seating and a hot tub and showers. You can find it all at Pondview. Rental guests obviously love it too with $149,390 already on the books for 2014!


Directly across from the Hatteras/Ocracoke Ferry Docks. "Pond View"

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 58947 South Beach Drive in Hatteras is provided courtesy of Carla Reynolds. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 58947 South Beach Drive in Hatteras is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 or 800-647-1868.


The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.

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