$1,600,000
SOLD APR 24, 2025

173 Atlantic Blvd Atlantic Beach, NC 28512

5 Beds
4.5 Baths
2,444 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$655 Per Sq Ft

4% Below List Price

39 Days on Market

Highlights

  • Ocean Front
  • Indoor Spa
  • Ocean Side of Freeway
  • Morehead City Primary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of April 2025

Palm Cottage II - An Oceanfront Luxury Home with Private Pool & Elevator!Experience coastal elegance in this stunning 5-bedroom, 4.5-bath furnished, oceanfront home in the heart of Atlantic Beach, NC. Designed for luxury and comfort, this multi-level retreat offers breathtaking ocean views, an elevator with access to all 4 floors, along with an oceanfront, outdoor OASIS, complete with pool, hot tub and an outdoor shower - all just STEPS from the sand and surf.The spacious living area features a gas fireplace and opens to an ocean-facing balcony, perfect for enjoying breathtaking sunrises and sunsets. At the heart of the kitchen is a spacious island with bar seating, perfect for casual meals, morning coffee, or gathering with guests while cooking. The high-end countertops and cabinetry provide ample storage and prep space, while stainless steel appliances ensure top-tier performance.Adjacent to the kitchen, the separate dining area offers a more formal setting, featuring a statement light fixture and large windows that fill the space with natural light. Whether enjoying a cozy family meal or hosting a dinner party, this elegant dining space provides the perfect atmosphere.Three of the five bedrooms are oceanfront with private balcony access, offering unparalleled views of the Atlantic Ocean. Three bedrooms are also suites, offering access to a private bath. Gorgeous hardwood flooring throughout the home and a two-car garage are just icing on the cake!Palm Beach II has an excellent rental history and bookings are in place for the upcoming 2025 season. Located within walking distance to popular restaurants, this prime location allows you to enjoy the best of Atlantic Beach. Don't miss this rare opportunity to own a luxury oceanfront home on the Crystal Coast.

Last Agent to Sell the Property

Carolyn Blackmon

Bluewater Real Estate - EI License #95922 Listed on: 02/17/2025

Last Buyer's Agent

Bradberry Garner Real Estate

Keller Williams Crystal Coast License #C36137

Keller Williams Crystal Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,178

Year Built

  • Built in 2014

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 26 x 100 x 26 x 100
  • Ocean Front
  • Fenced Yard
  • Wood Fence

HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,444 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Indoor Spa
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Gas Grill

Schools

  • Morehead City Elementary School
  • Morehead City Middle School
  • West Carteret High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash
  • Community Sewer or Septic

Community Details

  • The Grove Oceanside HOA, Phone Number (704) 860-6324
  • The Grove Oceanside Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 637516921648000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,178

Year Built

Built in 2014

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Year Built: 2014
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 9Ft+ Ceilings, Pantry, Walk-in Shower, Solid Surface, Smoke Detectors, Reverse Floor Plan, Elevator, Kitchen Island, Hot Tub, Gas Logs, Furnished, Foyer, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted, Bookcases
  • List Price per Sq Ft: 685.35
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Bedroom 2 Level: Fourth
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: Third
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Fourth
  • Sq Ft Heated: 2444.00
  • Total Heated Primary Separate Sq Ft: 2444.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Gas Grill
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Wood
  • Foundation: Pilings, Slab
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Open, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Garage Faces Front

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Atlantic Beach
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Sewer
  • HOAAssociationFee1Year: 524.00
  • HOAAssociationFee2Year: 120.00
  • HOAAssociationName: The Grove Oceanside HOA
  • HOAAssociationPhone: 7048606324

Lot Info

  • Deed Page: 455.00
  • Lot Acres: 0.06
  • Lot Dimensions: 26 x 100 x 26 x 100
  • Lot Sq Ft: 2614.00
  • Lot Water Features: Ocean Side, Waterfront Comm
  • Zoning: r
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 637516921648000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 5177.76

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2025
Sold by
Hollinrake David A and Hollinrake Keri L
Bought by
Blue Horizon Ab Llc
Current Estimated Value
$1,622,336

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 16, 2025
Sold by
Prg 2020 Llc
Bought by
Hollinrake David A and Hollinrake Keri L
Seller's Agent
Carolyn Blackmon
Bluewater Real Estate - EI
Buyer's Agent
Bradberry Garner Real Estate
Keller Williams Crystal Coast
List Price
$1,675,000
Sold Price
$1,600,000
Premium/Discount to List
-$75,000
-4.48%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$806,501
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2019
Closed on
Dec 23, 2020
Sold by
Burnett John W and Burnett Judith O
Bought by
Prg 2020 Llc
Seller's Agent
Copeland Bernauer Team
Bluewater Real Estate AB
Buyer's Agent
Carolyn Blackmon
Bluewater Real Estate - EI
List Price
$1,035,000
Sold Price
$979,000
Premium/Discount to List
-$56,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$325,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2017
Sold by
Fmb At The Grove Llc
Bought by
Burnett John W and Burnett Judith O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,600,000 None Listed On Document
Warranty Deed $979,000 None Available
Warranty Deed $950,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $806,501 New Conventional
Previous Owner $325,000 Commercial
Previous Owner $748,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Sold $1,600,000 -4.5% $655 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $1,675,000 +71.1% $685 / Sq Ft
12/23/2020 12/23/20 Sold $979,000 -5.4% $503 / Sq Ft View Prior Sale
10/27/2020 10/27/20 Pending -- -- --
05/08/2019 05/08/19 For Sale $1,035,000 -- $532 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

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
2025 $3,771 $1,632,602 $723,600 $909,002
2024 $3,261 $930,226 $333,125 $597,101
2023 $3,178 $930,226 $333,125 $597,101
2022 $3,085 $930,226 $333,125 $597,101
2021 $3,085 $930,226 $333,125 $597,101
2020 $3,085 $930,226 $333,125 $597,101
2019 $1,260 $401,529 $293,150 $108,379
2017 $2,008 $642,789 $293,150 $349,639
2016 $2,008 $642,789 $293,150 $349,639
2015 $1,809 $597,926 $293,150 $304,776
2014 $1,079 $354,820 $278,564 $76,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100489432

Hive MLS

APN: 6375.16.92.1648000