35.569294 -75.468765

25486 NC Highway 12, Waves, NC 27982

206059640 35.569294 -75.468765 167 /listing/206059640-150071074/25486-nc-highway-12-waves-nc-27982 False 0 550000.0 1330 100 3 1 100314 False
  • $550,000
  • 3 bd
  • 1 full ba
  • 1,330 sqft
  • See Plat lot
  • Est payment $2952.52/mo

Property & Neighborhood Info

Courtesy Of Frank Jakob, Cape Hatteras Realty & Const.

Single Family in Waves

25%-33%+/ - CAP RATE $$ ROI $$..OPPORTUNITY IS KNOCKING ....INVESTORS...ACCEPTING OFFERS ON LINE...CALL BROKER..WATER FRONT RESORT DEVELOPMENT...CAN BUILD TO SUIT...SEE PRELIMINARY SITE PLANS....4.34 Ac (3 LOTS)-NC Hwy 12 Development Opportunity-Waves NC 27982..HIGH TRAFFIC...RESORT AREA..5.5+MILLION TOURIST YEAR...SALES POTENTIAL.$15+M Sales ..+ $1.2M Property Management Yr-Yr Potential...Less Than $14K Unit Land Cost - 40 Units - $2.19 sq ft Land includes 3 BR HOUSE IS FREE (about 1/2 $$ Comps)..NEARBY WATER FRONT RESORTS SOLD OUT....KITTY HAWK KITES + REAL WATER SPORTS RESORT..+..NEARBY KOA CAMPGROUND & CAMP HATTERAS RV RESORT....Seller Financing $400,000 Cash @ Close...TERMS TBD Qualification Buyer...LOCATION - LOCATION - LOCATION..3 Br Beach House on 3 Lots...4.34AC+/- SOUND FRONT NC HWY 12..HIGH TRAFFIC LOCATION (7,000 daily avg...2.5+million yr)...BELOW MARKET $$ VALUE $753,175 (5/5/2019)...SEE ATTACHED CMA....WATER FRONT DEVELOPMENT PROPERTY ..S1 ZONING = ALL USES PERMITTED ...5 STORIES 52 FT HIGH..RESIDENTIAL 30% LOT COVERAGE (56,715+/- sq ft)...COMMERCIAL 60% LOT COVERAGE (113,430+/- sq ft)..NO HOA ....NO DEED RESTRICTIONS....AE8 FLOOD ZONE.....POSSIBLE SELLER FINANCING $400,000 CASH @ CLOSING...TERMS TBD DEPENDING ON QUALIFICATIONS BUYER-4.34 Ac +/- WATER FRONT..NC HWY 12..HIGH TRAFFIC AREA..(7,000+/- Daily Avg )..SEE POSSIBLE SITE PLANS (DUE DILIGENCE)...ALL USES PERMITTED RESIDENTIAL & COMMERCIAL...CALL BROKER...(3) Sound Front lots + 3 Br House ...NC 12 Waves NC ( 4.34+/- Ac )....Only $2.19 sq ft Land Cost includes 3 BR HOUSE IS FREE...(about 1/2 $$Comps)....Can Subdivide (6-18)+/- Sound Front Lots or..WATER FRONT RESORT...TOWNHOUSES + CONDOS" + HOMES ..or...HOTEL.. RV RESORT....NC Hwy 12 To Pamlico Sound...HOTEL SITE (100+) Units ...IT'S ALL ABOUT THE SIZE LOT... 4.34+/- Ac = Largest Sound Front Lot..NC12 OBX..= 189,240 SQ FT ...It's All About..Size ..+ ..Highest & Best Use (Potential)...Vintage House (1936) is ..Free...SEE CONCEPTS ALL USES PERMI

Courtesy Of Frank Jakob, Cape Hatteras Realty & Const.
  1. 3 Beds
  2. 1 Full Bath
  3. 1,330 Sq. Ft.
  4. See Plat Lot

Main Features

  • Listing Status: Active
  • Year Built: 1930
  • Full Bath: 1
  • County: Dare
  • Taxes: $6,672.00
  • Tax Year: 2017
  • Zoning: S-1
  • MLS Number:100314

Additional Features

  • Extras:
    • Beach Access
  • Furnished:
    • Yes
  • Construction:
    • Frame
  • Property Type:
    • Single Family - Detached
  • Roof:
    • Asphalt/Fiber Shingle
  • Style:
    • Bungalow
  • View:
    • Sound
  • Foundation:
    • Piling
  • Exterior:
    • Lap Siding
  • Flood Plain:
    • AE
  • Lot Description:
    • Level
    • Water Frontage
  • Waterfront:
    • Soundfront
  • Pool:
    • No
  • Parking:
    • Off Street
  • Heating:
    • Forced Air
  • Sewer:
    • Private Septic
  • Access Road:
    • Paved
  • Water:
    • Municipal
  • Bank Owned:
    • No
  • Financing:
    • Cash
    • Conventional
    • Owner Finance 1st
  • Potential Short Sale:
    • No
  • Sale Rent:
    • For Sale
  • HOA Fee:
    • No
  • Ownership:
    • Owned More than 12 Months
  • Possession:
    • At Closing
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Pirate's Cove Realty
Pirate's Cove Realty
(252) 473-1451
1 Sailfish Drive Manteo NC 27954
no name available Pirate's Cove Realty
Request More Info.
35.569294 -75.468765

25486 NC Highway 12 Waves, NC 27982

206059640 35.569294 -75.468765 167 /listing/206059640-150071074/25486-nc-highway-12-waves-nc-27982 False 0 550000.0 1330 100 3 1 100314 False
  • $550,000
  • 3 bd
  • 1 full ba
  • 1,330 sqft
  • See Plat lot
  • Est payment $2952.52/mo