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124 Summerlin Lane, Holly Ridge, NC 28445 (MLS# 100615740)


$1,775,000
124 Summerlin Lane
Holly Ridge, NC 28445
MLS# 100615740
9016 sqft


124 Summerlin Lane, Holly Ridge, NC 28445
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124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445 124 Summerlin Lane, Holly Ridge, NC 28445

Property Description
Five duplexes. Ten rental units. One investment opportunity in Holly Ridge. This approximate 2.77-acre property features ten single-story residences, each with two bedrooms and two full bathrooms. Years built were 2012, 2016, 2019 ,2022 . Seller reports approximately $15,000 in total monthly gross rental income, or $180,000 annualized before expenses. Located a few minutes from Sneads Ferry, less than 10 minutes from North Topsail Beach, and 25 Minutes from Jacksonville make this a desirable location. Close to shopping, entertainment, and easy commutes to major cities. Built between 2012 and 2022 the duplexes features include metal roofs, slab foundations, central electric heating and air, exterior utility rooms, and a shared driveway and parking area. The two-bedroom, two-bath layouts provide flexibility for a variety of rental needs. Public water is indicated in available utility records, and shared septic systems serve the property. Buyers should verify current occupancy, leases, income, expenses, and utility and septic arrangements. Rental income is seller reported and is not a guarantee of future performance.

Details
Maps
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-11-11
Sub-Type: Multi Family
Listing Price: 1775000
Current Price: $1,775,000
List Price/SqFt: 196.87
Stipulation of Sale: Standard
Location Information
Street #: 124
Street Name: Summerlin
Street Suffix: Lane
County: Onslow
State/Province: NC
Zip Code: 28445
City Limits: No
Marketing City: Holly Ridge
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.527088
Geo Lon: -77.471007
Remarks and Showing
Directions to Property: When on hwy 17, turn onto Old Folkstone Rd. Travel about 2.2 miles and then turn left onto Summerlin Lane, continue past Branson Way Rd and duplexes are on the right.
Sign on Property: Yes
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 9016
Legal and Taxes
Tax Assessed Value: 1440847
Deed Book: 4307
Deed Page: 610
Legal: L3 SUMMERLIN DIV
Broker Owner: No
PID: 025305
Tax Identifier: 760-44.2
Plat Book: 20
Plat Page: 38
Total Real Estate Property Taxes: 9437.55
Special Assessments: no
Tax Year: 2026
Year Built: 2012
Zoning: R-8M
Cobra Zone: No
Property Features
Business Type: Other
Current Use: Other
Heating System Fuel Source: Electric
Sewer: Septic Tank

Listing Office: Better Homes and Gardens Real Estate Treasure 4

Last Updated: November - 11 - 2026

124 Summerlin Lane, Holly Ridge, NC 28445 - MLS# 100615740

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