$300,000

180 Irvin Garrish Hwy Unit 203 Ocracoke, NC 27960

Estimated payment $2,162/month

Total Views 17,964
1 Bed
1 Bath
275 Sq Ft
$1,091 Price per Sq Ft

Highlights

  • 255 Feet of Waterfront
  • Views of a Sound
  • Coastal Architecture
  • Private Dock
  • Cabana
  • Corner Lot

About This Home

Harborfront Condo w/ Deep Water Boat Slip & Water Views on Ocracoke Island for Only $300,000?? 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 & 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

Listing Agent

William Rich

The Rich Company of Ocracoke/OBX License #25611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1982

Lot Details

  • 255 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Lot includes common area
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $440 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Harbor Views

Home Design

  • Coastal Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry

Interior Spaces

  • 275 Sq Ft Home
  • Elevator
  • Furnished
  • Window Treatments
  • Bay Window
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Laminate Countertops

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking
  • Reserved Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Cabana
  • Heated In Ground Pool

Outdoor Features

  • Sun Deck
  • Private Dock
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Municipal Utilities District Water
  • Septic System

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, taxes, water, walkways
  • 37 Units
  • Crown (As Of 1/2025) Association

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Playground
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$703

Year Built

Built in 1982

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • 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 203 is on the second floor, take the stairs or the elevator up to floor 2, and unit is the third from the left side. ***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.***
  • Extras: Cabana, Common Laundry Area, Covered Decks, Elevator, Gazebo, Handicap Friendly, Landscaped, Outside Lighting, Patio, Smoke Detector(s), Sun Deck, Tiki Bar, Boat Dock
  • Flood Zone: AE
  • Subdivision Name: The Anchorage
  • Headline: Condo w/ Boat Slip & Views!
  • Heated Sq Ft: 275
  • L V T Date: 09/11/2024
  • Price Per Sq Ft: 1090.91
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Harborfront
  • Zoning: open/mixed
  • Deed Book Pg Number: 70
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C34999
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Refrigerator
  • Bedrooms: 1
  • Bedroom 1: open, On Level: 1
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Ceramic Tile, Luxury Vinyl Plank
  • Foundation: Slab
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Ensuite
  • Dining Room: open, On Level: 1
  • Living Room: open, On Level: 1
  • Optional Rooms: Breakfast Nook, Studio

Exterior Features

  • Construction: Frame, Masonry, Wood
  • Covered Deck Size: shared
  • Exterior: Block, Brick
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Heated, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 435
  • View: Harbor, Sound
  • Water Frontage: 255

Garage/Parking

  • Parking: Parking Lot, Reserved, Off Street

Utilities

  • Cooling: Wall Units
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Non Conventional Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Taxes, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Boat Dock, Outdoor-Comm. Pool, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5278
  • Hoa Contact: Crown (as of 1/2025)

Lot Info

  • Lot Description: Adj. To Common Area, Bulkheaded, Corner, Level, Water Frontage
  • Lot Faces: SW
  • Deed Book: 304

Rental Info

  • Est Annual Rental Income: 21000
  • Estimated Rental Performance: 0.07
  • Lease Terms: Variable
  • Rental Cottage Name: The Anchorage
  • Rental Cottage Number: Unit 203
  • Rental Turnover Day: flexible
  • Yearly Expense Actual Estimate: Estimated
  • Rental Contact Name: Crown Management will take over as of 1/2025

Building Info

  • Year Built: 1982

Multi Family

  • No. of Units: 37

Tax Info

  • Year: 2023
  • Taxes: 703

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $304,000 0.0% $1,105 / Sq Ft
04/07/2025 04/07/25 Off Market $304,000 -- --
04/05/2025 04/05/25 For Sale $304,000 +1.3% $1,105 / Sq Ft
10/08/2024 10/08/24 For Sale $300,000 0.0% $1,091 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $300,000 -- $1,091 / Sq Ft
Source: Outer Banks Association of REALTORS®

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Source: Outer Banks Association of REALTORS®

MLS Number: 126918

Outer Banks Association of REALTORS®