Investor Alert - Gross Rental Income Exceeds $600,000 Annually! Rarely does an opportunity like this come to market. Southern Grace is an extraordinary turnkey oceanfront investment property in North Topsail Beach, generating over $600,000 in annual gross rental income with an exceptional, proven rental history. One of the largest homes on Topsail Island, this impressive 8,300+ sq. ft. oceanfront estate offers 16 bedrooms, 16 full ensuite bathrooms, and 2 half baths, comfortably accommodating up to 60 guests. Designed to host unforgettable experiences, the home is perfectly suited for multi-generational family vacations, corporate retreats, weddings, reunions, and other special events. Positioned on an expansive oceanfront lot, Southern Grace showcases breathtaking beachfront views, multiple spacious living and gathering areas, elevator access to every level, and expansive oceanfront and sound-side decks ideal for taking in spectacular sunrises, sunsets, and frequent dolphin sightings. Resort-style outdoor amenities include a private oceanfront swimming pool, tiki bar, generous parking, and direct beach access, creating the ultimate destination for large groups seeking a luxury coastal escape. Offered fully furnished and rental ready, this exceptional estate provides the rare opportunity to step into a thriving income-producing investment while enjoying one of the premier luxury oceanfront properties on Topsail Island.
| MLS # | 100575812 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 96 |
| Listing Provided By | Better Homes and Gardens Real Estate Treasure | Joann Marie McDermon |
| Bed(s) | 16 |
|---|---|
| Bath(s) | 18 Total |
| SQ Feet | 8,321 |
| Pool | Yes |
| Story(s) | 2 |
| Zoning | R-20 |
| Acreage | 1.11 |
| Water Front | Deeded Beach Access, Deeded Water |
| Property View | Ocean, Sound, Water |
| Interior Features | Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Solid Surface, Kitchen Island, Elevator, Furnished, Hot Tub, Reverse Floor Plan, Blinds/Shades |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Zoned |
| Fireplace Yes / No | No |
| Laundry Features | Laundry Room |
| Furnished | Furnished |
| Rooms Total | 21 |
| Exterior Features | Outdoor Shower, Gas Grill |
|---|---|
| Roof | Architectural Shingle |
| Foundation Details | Other, Pilings |
| Lot Features | Dunes, Deeded Beach Access, Deeded Waterfront, Ocean Side |
| Waterfront Features | Deeded Beach Access, Deeded Waterfront |
| View | Ocean, Sound, Water |
| Construction Materials | Fiber Cement, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Additional Parking, On Site |
| Utilities | Sewer Available, Water Available |
|---|
| Tax Assessed Value | 2789295 |
|---|---|
| Tax Book Number | 35 |
| Tax Legal Description | L3 JS GRANT HEIRS DIV |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Onslow |
| City | North Topsail Beach |
| Zip Code | 28460 |
| School District | Onslow |
| Elementary School | Coastal |
| High School | Dixon |
| Listing VS Median (in 28460) | |
Price: $4,898,000 low | high Med: $420,000 sqft: 8,321 low | high Med: 904 $ / sqft: $589 low | high Med: $465 On site: 96 low | high Med: 68 | |
| State | NC |
|---|---|
| County | Onslow |
| City | North Topsail Beach |
| Zip Code | 28460 |
| School District | Onslow |
| Elementary School | Coastal |
| High School | Dixon |
| Listing VS Median (in 28460) | |
Price: $4,898,000 low | high Med: $420,000 sqft: 8,321 low | high Med: 904 $ / sqft: $589 low | high Med: $465 On site: 96 low | high Med: 68 | |