
2068 New River Inlet Rd North Topsail Beach, NC 28460
Estimated payment $29,386/month
Highlights
- Ocean Front
- 1.11 Acre Lot
- Vaulted Ceiling
- In Ground Pool
- Deck
- Main Floor Primary Bedroom
About This Home
Welcome to Southern Grace, an extraordinary 16-bedroom, 18-bathroom oceanfront estate on North Topsail Beach that sleeps 60 - one of the largest homes on Topsail Island and a rare investment opportunity producing over $500K in gross rental income in 2023 and 2024 with several hundred thousand already on the books for 2025. With 8,300 sq. ft. of coastal luxury on an expansive 1.11-acre lot, this turnkey property is a proven income producer with an impressive IRR and future revenue already on the books for 2025. This high-yield premier investment property is designed for multi-generational family vacations, corporate retreats, weddings, reunions, and special events, and commands strong rental income through its unmatched accommodations and prime beachfront location. With ample parking, a private oceanfront pool, and a tiki bar, this home caters to large groups seeking the ultimate coastal escape. With multiple living areas that are perfect for large gatherings, elevator access to all levels, and expansive oceanfront porches ideal for morning coffee or watching dolphins play in the surf, this home has it all. Offered fully furnished and stocked, it is immediately ready to begin producing rental income for the buyer. A rare slice of Topsail Island paradise, Southern Grace is perfectly positioned to showcase breathtaking sunrises over the Atlantic, with direct beach access from your doorstep. Located on one of the largest oceanfront lots on the island, this estate offers both seclusion and convenience, making it an irreplaceable asset for investors and luxury buyers alike.With a strong track record of rental success, Southern Grace is ready to continue producing income for its next owner. This one-of-a-kind estate is an unparalleled opportunity to own a high-performing beachfront investment in one of North Carolina's most desirable coastal destinations.
Listing Agent
Landmark Sotheby's International Realty License #338617 Listed on: 02/18/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,264
Year Built
- Built in 2015
Lot Details
- 1.11 Acre Lot
- Lot Dimensions are 65 x 747
- Property fronts a marsh
- Ocean Front
- Fenced Yard
- Property is zoned R-20
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Reverse Style Home
- Wood Frame Construction
- Architectural Shingle Roof
- Piling Construction
- Stick Built Home
Interior Spaces
- 8,300 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Blinds
- Combination Dining and Living Room
- Fire and Smoke Detector
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- Primary Bedroom on Main
Parking
- 40 Parking Spaces
- 2 Attached Carport Spaces
- Unpaved Parking
Accessible Home Design
- Accessible Elevator Installed
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
- Outdoor Gas Grill
Schools
- Dixon Elementary And Middle School
- Dixon High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heat Pump System
- Fuel Tank
Community Details
- No Home Owners Association
- Security Lighting
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 778-4.7
Map
Home Values in the Area
Average Home Value in this Area
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 | $30,264 | $2,789,295 | $400,000 | $2,389,295 |
2023 | $30,264 | $2,789,295 | $400,000 | $2,389,295 |
2022 | $30,264 | $2,789,295 | $400,000 | $2,389,295 |
2021 | $19,256 | $1,652,880 | $245,000 | $1,407,880 |
2020 | $18,430 | $1,652,880 | $245,000 | $1,407,880 |
2019 | $18,430 | $1,652,880 | $245,000 | $1,407,880 |
2018 | $17,330 | $1,652,880 | $245,000 | $1,407,880 |
2017 | $15,148 | $1,418,070 | $300,000 | $1,118,070 |
2016 | $15,148 | $1,418,070 | $0 | $0 |
2015 | $3,205 | $300,000 | $0 | $0 |
2014 | $3,205 | $300,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/20/2025 05/20/25 | For Sale | $4,799,000 | -1.1% | $583 / Sq Ft |
04/09/2025 04/09/25 | Price Changed | $4,850,000 | -7.6% | $584 / Sq Ft |
02/18/2025 02/18/25 | For Sale | $5,250,000 | -- | $633 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $250,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,210,000 | New Conventional | |
Closed | $1,148,000 | New Conventional | |
Closed | $1,165,000 | New Conventional |
Similar Home in North Topsail Beach, NC
Source: Hive MLS
MLS Number: 100489463

APN: 778-4.7
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