180 Irvin Garrish Highway 404,Ocracoke, NC 27960
Ocracoke, NC 27960
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!
Details
| MLS # | 100493608 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $4,705 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1982 |
| Days On Site | 102 |
| Listing Provided By | The Rich Company of Ocracoke | Bill Rich |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| N/A | 275 |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | open/mixed |
| Water Front | Yes |
| Property View | Marina, Sound View, Water |
Interior
| Rooms Total | 1 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Other, Wall/Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Other, Electric, Forced Air |
| Interior Features | Whole-Home Generator, Elevator, Furnished |
| Appliances | Mini Refrigerator, See Remarks |
Exterior
| Exterior Features | Outdoor Shower |
|---|---|
| Roof | Shingle, Composition |
| Security Features | Security Lights, Smoke Detector(s) |
| Construction Materials | Block, Brick |
| Foundation Details | Slab |
| Lot Features | See Remarks, Level, Corner Lot |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Shared Driveway, Golf Cart Parking, Parking Lot, Additional Parking, Gravel, See Remarks, Lighted, Off Street, On Site, Unpaved |
Utilities
| Utilities | Water Available |
|---|
Taxes
| Property | 703 |
|---|
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Learn More About This Property
| State | NC |
|---|---|
| County | Hyde |
| City | Ocracoke |
| Zip Code | 27960 |
| Area | Hyde |
| Community Name | Not In Subdivision |
| School District | Ocracoke |
| Elementary School | Ocracoke |
| Middle School | Ocracoke |
| High School | |
| Listing VS Median (in Not In Subdivision) | |
Price: $339,000 low | high Med: $294,700 SqFt: 275 low | high Med: 2,600 $ / SqFt: $1,233 low | high Med: $122 On site: 102 low | high Med: 60.500000 | |
