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  Home for Sale
180 IRVIN GARRISH HIGHWAY, OCRACOKE, NC

$ 315,000

  • 180-irvin-garrish-highway-ocracoke-nc-27960
  • 180-irvin-garrish-highway-ocracoke-nc-27960
1 Bed    1 Bath   
4 Last Update
Property Description

Harborfront Condo w/ Deep Water Boat Slip on Ocracoke Island for Under $325,000?? Yes, Please! The Anchorage is located in the heart of the village on Ocracoke Island, on Silver Lake Harbor just a short walk from the ferry docks, restaurants, shopping, coffee & ice cream shops, fishing, charter fishing boats, parasailing & offshore tours, golf cart & bicycle rentals & much more! The actual inn rooms have been condominiumized & are selling individually, paired with a deep water boat slip on the Silver Lake Harbor, directly in front of the Inn. Four floors of studio-style suites, each with approximately 275sf featuring an open area which serves as both the living & sleeping area, offers a fridge, microwave & coffee maker, heat & air conditioning from a thermostatically-controlled PTAC unit, vanity area with countertop & 2 sinks, full bathroom with toilet & tub/shower combo. Either one King or 2 Full beds in each unit. Every unit is scheduled to be cosmetically-refreshed with a new look over the next 2 years (cost to be covered from reserves). In front of each floor is a front courtyard (on ground level) or front balcony (on upper floors) which makes for a great place to relax & enjoy the views of Silver Lake Harbor as the sailboats, charter fishing boats, and ferries come & go; as well as enjoy the conversation & company of the other visiting guests & owners lucky enough to share the island with you! Each unit also comes with a generous deep-water boat slip; slips vary slightly in size, but all boast deep-water access, & mere feet away from the Marina, where boats can gas up conveniently! An outdoor pool, private to only those at the Anchorage, with sundeck awaits, less than 50 yards away! The front parking area includes an assigned parking space for each unit, plus plenty of additional guest/visitor parking spaces. SmacNally's Restaurant & Bar, also less than 50 yards away, offers dockside dining bar area with the best views of the harbor! Golf Cart, Moped & Bicycle rentals are available onsite, from retail providers whose storefronts are on the Anchorage property. As of January of 2025, Crown Vacations will begin managing both the vacation rental side of all units, as well as the Owners Association - streamlining owner affairs, and providing 'hands-off' revenue-generating ownership for all unit owners! Crown, as well as the Marina, will both be managing the rentals of the boat slips, which will provide additional income for unit owners! Slips will be rented transiently (by the night or week) or can be rented along with a unit if a guest wishes to do so. Association fees include all utilities, taxes, insurance, management fees, linens, cleaning, supplies... an 'all-inclusive' association fee! Single units are forecasted to NET around $21k annually, before the association dues, which includes ALL management, cleaning, furniture, linens, maintenance, utilities, insurance, etc! * Any two contiguous units can be purchased together & combined for a 550sf 'double' condo; however the '*01' units are paired with the adjacent '*02' units, listed individually as well as together creating a double-unit at a discounted price, providing the harbor views from the large front picture window on the '*02' side, since the '*01' units have limited views, due to the elevator and stairs positioned in the view sight-lines of '*01' units. These *01/*02 double-unit pairings (as well as 108 & 109, since 109 is also limited-view) are offered at further-reduced prices than the sum of the two individually. ** Above the fourth level are two 'Penthouse' units, each over 1350sf, with top-level views, private sun decks, full kitchens, & much more! These penthouse condos are each currently available for purchase as well, & include an assigned parking space & a boat slip! Please call Bill at The Rich Company for more info & details about these unique offerings while still available!

Directions: From North Ferry Dock (vehicle ferry from Hatteras): Take HWY 12 into the village of Ocracoke. Stay on HWY 12/Irvin Garrish Hwy until you bear right and Silver Lake Harbor is on your left. Property is on your right side, on the corner of Irvin Garrish Hwy and British Cemetary Road. From South Ferry Dock (Cedar Island & Swan Quarter ferries, and Passenger Ferry): Bear right as you offboard the ferry onto Irvin Garrish Hwy. Go about 200 yards, and the Property is on your left, on the corner of Irvin Garrish Hwy and British Cemetary Road. Unit 302 is on the third floor, take the stairs or the elevator up to floor 3, and unit is directly in front of the elevator and stairs, second from left corner. ***Be aware of assigned parking spots in the main front parking area; each unit will have an assigned parking spot. Additional guest/visitor parking available as well.***

Property Basic Details
Beds 1
Price $ 315,000
Area Ocracoke
Unit/Lot # Unit 302
Furnishings Available Yes
Sale/Rent S
Status Active
Full Baths 1
Year Built 1982
Property Features
Estimated Annual Fee $ 5278
Financing Options Cash Conventional Other-See Remarks
Flood Zone AE
Water Municipal
Possession Negotiable
Lease Terms Variable
Zoning open/mixed
Tax Year 2023
Property Taxes 703.00
HOA Contact Name TBD
Exterior Features
Construction Frame Masonry Wood Siding
Foundation Slab
Roads Paved Public
Interior Features
Air Conditioning Wall Unit(s)
Heating Electric Forced Air Other
Appliances Microwave Refrigerator
Otional Rooms Breakfast Nook Studio
Extras Cabana,Common Laundry Area,Covered Decks,Elevator,Gazebo,Handicap Friendly,Landscaped,Outside Lighting,Patio,Smoke Detector(s),Sun Deck,Tiki Bar,Boat Dock
Floor Plan
Property Type Condominium
Location
City Ocracoke
Area Ocracoke
County Hyde
Subdivision None
ZIP 27960
Parking
Parking Parking Lot Reserved Off Street
Garage Asphalt
Elementary School:
Middle School:
High School:

Location

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