2 months on rocket

8801 Reed Dr W Unit 115, Emerald Isle, NC, 28594

$565,000

Home List Price

$6,709*

Closing Credit

2 Bedrooms
2 Full Baths
927 SqFt
$609/SqFt
Condo
Schools Nearby

Location

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8801 Reed Dr W Unit 115, Emerald Isle$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Site, Parking Lot, Paved
Year Built1986
HeatingHeat Pump
CoolingCentral Air, Heat Pump
WaterfrontBeach Access, Water Access, Waterfront, Ocean
FireplaceNone
MLS #100424972
StatusActive

About 8801 Reed Dr W Unit 115

This fabulous, fully-furnished oceanfront condo is nestled among one of Emerald Isle's premiere locations within the popular gated community at Sound of the Sea. Ideally situated with privacy and protection, this two bedroom unit offers beautiful water views from the primary living area, master bedroom, and covered balcony--perfect for coastal relaxation and/or entertainment. Conveniently located on the first floor just across from the elevator, this well-maintained condo with LVP flooring throughout boasts many improvements including new windows, a sliding door, hurricane shutters, NEST thermostat, and microwave. This home is ready for you to walk in, unpack, and immediately begin enjoying all that Emerald Isle offers: fine dining, popular shopping, diverse entertainment, and beach/outdoor activities. Further, within the complex itself, there are two pools, tennis courts, a clubhouse, cable included, boat storage, and much more for you and your guests' to enjoy--the pool improvement assessment has already been paid by the Sellers. With excellent rental income over the past two years and current bookings for 2024, this condo makes for an excellent investment opportunity, as well! This time of year offers the perfect chance to purchase your piece of paradise to personally enjoy the quieter winter months walking on the beach before the rental season begins making you money. Do you hear what I hear? That's right; the Sound of the Sea is calling you home! Rentals in place for Spring and Summer.

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 1
  • Living Area: 927 SqFt

Listing Office:

  • Office Name: EXP Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Electric Oven, Electric Stove, Washer
  • Basement: No
  • Flooring Type: LVT/LVP
  • Interior: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors, Walk-in Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach Access, Water Access, Waterfront, Ocean
  • Exterior: Shutters - Functional, Thermal Doors, Thermal Windows

Parking Information:

  • Attached Garage: No
  • Parking: On Site, Parking Lot, Paved

Virtual/3D Tour

  • 3D Tour: 8801 Reed Dr W Unit 115

3D Tour

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • Croatan High School, Public District Grades 9-12
  • Broad Creek Middle School, Public District Grades 6-8
  • White Oak Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From HWY 58 W, continue on Emerald Drive to the roundabout and take the first right onto Mallard Dr. Next, turn left onto Reed Dr, and Sound of Sea is on your right. Past the gate, continue straight and bear to the right toward the waterfront building on the left for Unit 115W.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $609/SqFt
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Housing Market Comparison

See how this home compares to others in Emerald Isle, NC.

Med. Sold Price

$785K

Med. Price/SqFt

$487

Avg. Days On Market

36

# of Sold Homes

11

8801 Reed Dr W Unit 115 vs Emerald Isle

87 DAYS ON ROCKET

+51 Days

$565,000

-$220K Less

$609/SqFt

+$121 More

KEY TAKEAWAY

This property is $220K less than the Median Sold Price and $121/SqFt more than other homes in Emerald Isle, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100424972

Listing Office:

  • Office Name: EXP Realty

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:55:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2773972
7
/10
  • White Oak Elementary School

  • 555 Wb Mclean Dr

  • 2.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2773973
8
/10
  • Broad Creek Middle School

  • 2382 Highway 24

  • 9.16 miles

  • Public District Grades 6-8

High School

school-card-donut-2773974
10
/10
  • Croatan High School

  • 3355 Highway 24

  • 6.98 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,457. The most common annual income of people living in Emerald Isle, NC is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8801 Reed Dr W Unit 115

What is the listing price of this property?

The listing price of 8801 Reed Dr W Unit 115 property is $565,000.

What type of property is this?

The property 8801 Reed Dr W Unit 115 is a condo located in Emerald Isle, North Carolina, 28594.

Is this property for sale now?

Active Listing: 8801 Reed Dr W Unit 115 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8801 Reed Dr W Unit 115 are:
White Oak Elementary School: GreatSchools Rating 7/10
Broad Creek Middle School: GreatSchools Rating 8/10
Croatan High School: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 8801 Reed Dr W Unit 115 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8801 Reed Dr W Unit 115 is 927 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8801 Reed Dr W Unit 115 is 1986.

Rocket Homes›North Carolina›Carteret County›Emerald Isle›28594›8801 Reed Dr W Unit 115

This home is located at 8801 Reed Dr W Unit 115 in Emerald Isle, NC and zip code 28594. This 927 square foot home was built in 1986. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $565,000.

While more than 4 listings in Emerald Isle, NC in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. Between February 2024 and March 2024, Emerald Isle, NC real estate market has seen increase in the number of listings by 9.3%. In March 2024 median list price was $785,000 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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