$1,615,000
Wrightsville Beach, NC 28480
MLS# 100451954
Status: Closed
2 beds | 2 baths | 1478 sqft
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Property Description
Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment. Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement. The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.
Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2024-06-21
Listing Price: 1795000
Current Price: $1,615,000
List Price/SqFt: 1214.48
Stipulation of Sale: Standard
Location Information
Street #: 1502
Pre Direction: N
Street Name: Lumina
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28480
City Limits: Yes
Marketing City: Wrightsville Beach
Subdivision: North Shore
Secondary Subdivision: N/A
Geo Lat: 34.217238
Geo Lon: -77.788861
Remarks and Showing
Directions to Property: Follow N Lumina Ave north past Salisbury St and the house will be on the right between Sandpiper St and Crane St.
Sign on Property: No
Property Exterior Info
New Construction: No
Lot Acres: 0.11
Lot SqFt: 4792
Lot Dimensions: 60x80
Waterfront: No
Waterview: No
Horses Y/N: No
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 1478
Total SqFt - Heated (Primary + Separate): 1478
# Rooms: 10
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 2
Master Bedroom Level: Non Primary Living Area
Stories: 2
Fireplace Y/N: Yes
Legal Taxes
Year Built: 1946
Status Change Info
Under Contract Date: 2024-12-03
Sold Price: $1,615,000
Sold Date: 2025-01-17
Fuel Tank
Above or Below Ground: Above Ground
Fuel Type: Propane
Owned or Leased: Leased
Rooms
Bedroom 2 Level: First
Master Bedroom Level: Second
Property Features
Construction: Block; Wood Frame
Unit Type: 2 Bedroom
Exterior Features: None
Exterior Finish: None
Fencing: Back Yard; Wood
Foundation: Permanent; Slab
Fuel Tank Ownership: Leased
Parking Features: Additional Parking; Attached; Concrete; Gravel; Off Street
Patio and Porch Features: Covered; Deck; Porch; Wrap Around
Roof: Shingle
Levels: Two
Trash Collection: City Pick-UP
Lot Features: Interior Lot
Lot Water Features: None
Cooling: Central Air; Wall/Window Unit(s)
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Natural Gas
Utilities: Natural Gas Available; Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Concrete; Tile; Wood
Furnished: Furnished
Interior Features: Central Vacuum; Furnished
Laundry Features: In Garage
Heated SqFt: 1400 - 1599
Dining Room Type: Combination
HOA and Neigh Amenities: No Amenities
Rooms: Bedroom 2; Master Bedroom
Terms: Cash; Conventional; FHA; Commercial
Room Information
| Room Name | Length | Width | Level |
| Master Bedroom | 13.00 | 10.00 | Second |
| Bedroom 2 | 14.00 | 9.00 | First |
Listing Office: Cadence Realty Corporation
Last Updated: January - 20 - 2025
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