$750,000
$149K PRICE DROP

164 Lighthouse Rd Unit Lot 1 Ocracoke, NC 27960

Estimated payment $4,258/month

Total Views 68,892
-- Bed
0.5 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.52 Acre Lot
  • Level Lot
  • Historic Home
  • Coastal Architecture

About This Home

Rebecca and Wallace's is an opportunity to own an oversize parcel in the heart of historic old Ocracoke! 22,806 square feet of yesteryear! Lovely grassed yard with mature pine, live oaks and cedar trees as well as figs! Just relaxing in the yard brings back memories of fishing tales and carvers' dreams. Old buoy's and hand- made shell wind chimes hang from live oaks, a reflection of slower and simpler times. The original home with a white picket fence was built in the early 1900's, faces Lighthouse Road, and is a "blank canvas". The home flooded in Dorian; however, just as other older homes on Ocracoke, it was built to dry out easier after floods. Having no insulation, the water flowed in and out without barriers. The home has been taken to the studs waiting for that special craftsman/carpenter to bring it back to its original splendor. It will take a lot of work, but for the right person it will be a labor of love. In addition to the original home there is a charming vintage studio apartment with a small living, sleeping & kitchen area with luxury plank vinyl flooring, ceiling fan, P-TAC unit, a half bath, outdoor shower and large open deck. Attached to the studio is a shed for tools, beach and fishing equipment. There is enough property in the back of the studio for an additional home. So many opportunities! Property conveys with one water meter and (3) 4 bedroom septic permits. The listing price reflects the property in its present condition and potential; property is being offered in its current state.

Listing Agent

Martha Garrish

Village Realty Holdings dba Ocracoke Island Realty License #148274 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1900

Lot Details

  • 0.52 Acre Lot
  • Level Lot
  • Historic Home
  • Property is zoned Mixed

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Cottage

Additional Features

  • 0.5 Bathroom
  • Municipal Utilities District Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,369

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: From Hwy12 S turn left onto Lighthouse Road, subject is on the right (#164).
  • Headline: Opportunities galore!
  • Zoning: Mixed
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved, Public
  • Ownership: Owned More than 12 Months
  • MLS Status: (10) Active - Active
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage, Coastal, Historic, Traditional
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Pool: No
  • Roof: Asphalt
  • Waterfront Features: None

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Water Source: Municipal

Lot Info

  • Lot Size Sq Ft: 22806.0

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3369.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,368 $0 $0 $0
2023 $2,591 $271,546 $221,000 $50,546
2022 $2,269 $247,962 $221,000 $26,962
2021 $2,021 $0 $0 $0
2020 $1,959 $0 $0 $0
2019 $2,161 $273,502 $221,000 $52,502
2018 $2,133 $273,502 $221,000 $52,502
2017 $2,569 $395,236 $340,000 $55,236
2016 $2,569 $395,236 $340,000 $55,236
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Price Changed $750,000 -11.7% --
08/26/2024 08/26/24 Price Changed $849,000 -5.6% --
03/14/2024 03/14/24 For Sale $899,000 -- --
Source: Outer Banks Association of REALTORS®

Source: Outer Banks Association of REALTORS®

MLS Number: 124998

Outer Banks Association of REALTORS®

APN: 9500281578