180 Irvin Garrish HWY #404, Ocracoke, NC 27960
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Listed by The Rich Company of Ocracoke
$ 339,000
Est. payment | /mo

1 Bed

1 Bath

275 SqFt


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$ 339,000
Est. payment | /mo
Save

1 Bed

1 Bath

275 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 275 sqft

Price per Sqft $1,232

Subdivision Not In Subdivision

MLS Listing ID 100493608

Bedrooms 1

Full Baths 1

HOA Fees $4,705/ann

HOA Y/N Yes

Year Built 1982

Tax Year 2024

Property Sub-Type Condominium

Property Description

The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed staying at The Anchorage for decades, eating at SmacNally's, using the Marina, & renting golf carts from our on-site cart rental business (all a short walk away), relaxing in the swimming pool & on the tanning deck, using the deep-water docks w/ large boat slips in the Silver Lake Harbor, & much more!

Under new ownership, The Anchorage has been renovated & condominiumized, giving you the opportunity to own an income-producing inn room with a deep-water boat slip, all at a price consistent with that of a small slice of raw land here on the Island!

Unit 404 is on the 4th level, offering stellar views of Silver Lake Harbor & the Sound beyond!

The Anchorage units come freshly-painted & newly-outfitted with new furniture, new beds, new appliances & new decor - all paid-for by the Developer!

Crown Management is the new on-site property manager; they handle all marketing, reservations, guest services, & accounting for the vacation rentals. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the Anchorage POA.

Each unit is expected to net between $22k - $25k after deducting the POA dues - which covers building maintenance (interior & exterior), landscaping, ALL utilities (power, water, cable, internet), & the insurance for each property owner, master insurance policy for the OA & common areas, AND the flood insurance policies for the property & each unit! (before Crown Management's STR fees).

The Anchorage sits on one of the higher properties on Ocracoke Island. Until Hurricane Dorian, the property had never flooded & hasn't since. Minimal water came in during Dorian (less than 1''), and was in & out in minutes.

You can use or rent the deep-water boat slip - a short walk away.

Many 2025 Spring, Summer & Fall dates are fully-booked! Buy now & inherit these lucrative reservations!

Location

State NC

County Hyde

Zoning open/mixed

Rooms

Basement None

Interior

Interior Features Whole-Home Generator, Elevator, Furnished, Blinds/Shades

Heating Other, Electric, Forced Air

Cooling Other, Wall/Window Unit(s)

Flooring LVT/LVP, Tile

Equipment Generator

Furnishings Furnished

Fireplace No

Appliance Mini Refrigerator, See Remarks, Generator

Exterior

Exterior Feature Outdoor Shower, No USPS Mail Delivery

Parking Features Shared Driveway, Golf Cart Parking, Parking Lot, Additional Parking, Gravel, See Remarks, Lighted, Off Street, On Site, Unpaved

Fence None

Pool In Ground, See Remarks

Utilities Available Water Available

Amenities Available Roof Maintenance, Waterfront Community, Barbecue, Boat Dock, Boat Slip - Assigned, Cabana, Community Pool, Elevator(s), Flood Insurance, Heating/Cooling, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Marina, Master Insure, Pest Control, Picnic Area, Ramp, Restaurant, Sewer, Sidewalks, Trash, Water, See Remarks, Cable TV

Waterfront Description Pier,Bulkhead,Deeded Waterfront,Harbor,Marina Front,Sound Side,Water Access Comm,Water Depth 4+,Sailboat Accessible

Water Access Desc Community Water

View Marina, Sound, Water

Roof Type Shingle,Composition

Accessibility Accessible Doors, Accessible Entrance, Accessible Approach with Ramp, Accessible Elevator Installed

Porch Open, Covered, Patio, See Remarks, Balcony

Building

Lot Description See Remarks, Level, Corner Lot, Boat Slip, Boat Dock, Bulkhead, Deeded Waterfront, Harbor, Pier, Sailboat Accessible, Sound Side, Water Access Comm, Water Depth 4+

Dwelling Type Stick Built

Entry Level Three Or More

Foundation Slab

Water Community Water

Level or Stories Three Or More

Additional Building Covered Area, Shower, See Remarks, Bathhouse, Gazebo

New Construction No

Schools

Elementary Schools Ocracoke

Middle Schools Ocracoke

Others

HOA Name Anchorage POA

Tax ID 9501-10-8417/7555/8593

Security Features Security Lights,Smoke Detector(s)

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Special Listing Condition Standard

Pets Allowed Dogs OK, Yes

Hive MLS (Classic MLS) GA

Nearby Locations

Mary Ellen Small
Mary Ellen Small

Broker Associate License ID: GA-177653 | NC-341457

+1(404) 395-1177 | soldbymaryellen@gmail.com

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180 Irvin Garrish HWY #404