23 Sandy Lane, Surf City, NC 28445:
Property Description

This vacation rental ”The Glam House” is an investors’ dream with a projected cap rate of 4% for 2021. Located in a cul-de-sac with views of the waterway and ocean, this home has been completely customized to be functional and stylish in both renovation and decor by current owner, hence the name ”The Glam House.” The owners have been meticulous about maintaining and updating the home over the years to keep the integrity of the vacation rental business. The home features an open floor plan and large chef’s kitchen, perfect for entertaining and beach rental. This 4 bedroom, 5 bath home offers a welcoming place for family and friends to gather. First living level features full bath, living room, kitchen, dining room and spacious den, both currently being used as a playroom and game room. The second floor features the primary suite including an outdoor bathtub and outdoor jacuzzi, with panoramic views of the waterway. Two additional guest rooms with connected bathrooms are also located on the 3rd floor. The ground floor features as a fully functional living space including a bedroom, full bath, living area, and kitchen. Ground floor leads to the gorgeous pool, large walk-in storage rooms for all your beach essentials, 2 outdoor showers, and more. So far, through August of 2021, The ”Glam House” vacation rental will produce nearly $100,000 in revenue with profits over $65,000 after expenses. Unlike most VRBO & AirBnB’s this home has holiday themed rentals to help rental income continue during the off season. Current property management information by owner will be passed on to new owners for easy transition into the rental market. This includes cleaning services, preparation, restock, alarm system, and ownership of Airbnb and VRBO marketing materials and account information. This home price includes all furniture (minor exclusions) and decor.

Property Info
Property Type: Residential
MLS Number: 100284730
Lot Size: 0.26 Acres
Waterfront: Yes
Waterview: Yes
Home Style/Type: Stick Built
Year Built: 2005
Property Sub Type: Single family residence
Price: $1,800,000
Size: 4,038 Sqft
Bedrooms: 4
Bathrooms: 5
Sale Type: None
Status: Active
Location Details
Community: Sandy Ridge
Road Frontage: Paved
Street Suffix: Lane
County: Pender
City: Surf City
Zipcode: 28445
Water Features:
- Sound view
- Icw view
- Sound front
- Marsh front
Property Features
Foundation: Slab
Roof: Shingle
Siding: Wood Siding
Air Conditioning: Central
Fireplaces
Exterior Features: Outdoor Shower
Pool/Spa:
- In ground
- Hot tu
Garage
Porch/Deck:
- Covered
- Deck
- Porch
- Screened
- Patio
- Enclosed
- Open
- Balcony
Fence: Wood
Heating: Electric
Interior Features:
- 2nd Kitchen
- 9Ft+ Ceilings
- Ceiling - Vaulted
- Ceilin
Water/Sewer:
- Municipal Sewer
- Municipal Water
23 Sandy Lane, Surf City, NC 28445
$1,800,000
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