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$ 1,850,000
Est. payment | /mo
$ 1,850,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Hotel / Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 129156
HOA Y/N No
Year Built 1959
Tax Year 2024
Property Sub-Type Hotel / Motel
Property Description
Amazing investment opportunity! Located on the #1 Island on the East Coast – Ocracoke, where the Atlantic Ocean meets the Pamlico Sound. The Sand Dollar Motel and Cottage offers an exceptional opportunity to embrace island life and all the charm and history that Ocracoke offers! Completely renovated in 2021, this 12-bedroom motel has it all! The first floor features six beach-inspired rooms, each fully furnished with a private bath. The spacious efficiency apartment has a king-bed and well equipped kitchen with full sized appliances and a dishwasher. The second floor offers five cozy guest rooms with original knotty pine walls. The Sand Dollar Cottage was completed in 2021. With 2 bedrooms, and a shared bath, the cottage is ready for your vacation. It offers vaulted ceilings, an open floor plan with large windows, allowing natural light. Stainless steel appliances and beautiful, white cabinetry highlight the cottage's bright, cozy kitchen, complete with a center island and seating. As if that's not enough, the property features a completely renovated 1 bedroom, 1 bath owner's quarters. With its open floor plan, and roomy kitchen with stainless appliances. The property also has a in-ground, salt water swimming pool, fenced area & beautifully landscaped. All this within walking distance of restaurants, shops, island festivities, and the most pristine, undeveloped beaches you've ever seen that make up Ocracoke's spectacular coastline!
Location
State NC
County Hyde
Area Ocracoke
Zoning Commercial
Interior
Heating Electric, Wall Unit(s), Zoned
Exterior
Garage Description 1-25 Spaces, Paved
Waterfront Description None
View Y/N No
Roof Type Metal
Private Pool No
Building
Foundation Masonry
Sewer Private Sewer
Water Municipal Water
Others
Ownership Owned More than 12 Months

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Listed by Kristie Goodwin Coastal Shores Realty Group C: 252-331-3303
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Steve Taylor
Broker-Owner