NOT LISTED FOR SALE

5503 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,914,000 - $2,785,000

0.43 Acre
$5,756,695 Price per Acre
18,731 Sq Ft Lot

Last Sold April 18, 2019

Last sale price $768,000

Est. 222% increase in value since last sale

Current estimated payment $13,588/month

7 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • No HOA
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Open Lot

About This Lot

As of April 2019

Exceptional oceanfront setting featuring deep lot w/alluring ocean views, gently rolling dunes & wide sandy beach. Site includes structure, built & used as a duplex, stripped down to the studs & conveys w/lot, ''as-is'', with no real value; plus, two 4 BR septic systems creating multiple possibilities from rebuilding a duplex to building a brand new 8 BR single family home. Lot is close to Emerald Path, an 11 mile bike path running from Indian Beach to The Point at Bogue Inlet & just a few blocks to the public, Wildlife Boat Launch Park w/fishing pier, picnic area, playground & bathrooms. Conveniently located just minutes to local shopping, restaurants, grocery & drug stores in the heart of the Town of Emerald Isle this site offers a perfect mix of oceanfront living & local conveniences!

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 03/12/2019

Emerald Isle Realty

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75 x 200 x 75 x 200
  • 75 Feet of Waterfront
  • Ocean Front
  • Open Lot
  • Lot Has A Rolling Slope
  • Dunes
  • Cleared Lot
  • Property is zoned R2

Property Views

  • Ocean Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 630418402928000

Community Details

Overview

  • No Home Owners Association
  • Emerald Isle By The Sea Subdivision

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: 2-4 Units Multi-Family
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 241.00
  • Directions To Property: Emerald Drive to Clark Rd; Turn South and go to Ocean Dr, Turn West to 5503 Ocean Dr, second property on left (ocean side) of street
  • Document Count: 3
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Croatan
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100154548
  • Location Type: Island
  • Lot Description: Dunes, Open
  • Lot Dimensions: 75 X 200 X 75 X 200
  • Lot Sq Ft: 18731.00
  • Lot Water Features: Ocean Side
  • Marketing City: Emerald Isle
  • Middle School: Broad Creek
  • M L S Approved: Y
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Emerald Isle By The Sea
  • Tax Identifier: 630418402928000
  • Tax Year: 2018
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: R2
  • Acres: 0.43
  • Buildigson Property: See Remarks
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Priceper Acre: 1743953.49
  • Soil Evaluation: Soil Evaluation - Yes
  • Soil Evaluation Other: 2-4BR Septic Systems
  • Topography: Cleared/Partial, Rolling
  • Water Frontage: 75.00
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Municipal Water, Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
Daigle Nikole R
Bought by
Grisso Greg A
Current Estimated Value
$2,475,379

Purchase Details

Closed on
Oct 30, 2023
Sold by
Martel Bryant Lance
Bought by
Lance Martel Bryant Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 24, 2023
Sold by
P & P Land Development Inc
Bought by
Seemore Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 5, 2011
Sold by
Fein Harriet R and Fein Arthur L
Bought by
Fein Debbie and Fein Douglas

Purchase Details

Closed on
Dec 15, 2010
Sold by
Fein Harriet R and Fein Arthur L
Bought by
Fein Debbie and Fein Douglas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Grisso Greg A -- None Listed On Document
Lance Martel Bryant Revocable Living Trust -- None Listed On Document
Lance Martel Bryant Revocable Living Trust -- None Listed On Document
Seemore Properties Llc $255,000 None Listed On Document
Fein Debbie -- None Available
Fein Debbie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seemore Properties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $768,000 +2.4% --
03/19/2019 03/19/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $749,900 -- --
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 $9,271 $2,510,718 $1,252,300 $1,258,418
2024 $6,005 $1,028,840 $674,520 $354,320
2023 $5,917 $1,028,840 $674,520 $354,320
2022 $5,794 $1,028,840 $674,520 $354,320
2021 $5,681 $1,028,840 $674,520 $354,320
2020 $5,417 $980,334 $674,520 $305,814
2019 $1,336 $426,200 $0 $426,200
2017 $1,336 $426,200 $0 $426,200
2016 $1,336 $426,200 $0 $426,200
2015 $1,294 $426,200 $0 $426,200
2014 -- $485,142 $0 $485,142
Source: Public Records

Agents Affiliated with this Home

  • Donald Whiteside

    Seller's Agent in 2019

    Donald Whiteside

    Emerald Isle Realty

    (252) 354-4060

    102 in this area

    196 Total Sales

    Donald Whiteside
    Section Image

  • A

    Buyer's Agent in 2019

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100154548

Hive MLS

APN: 6304.18.40.2922000

North Carolina Carteret County Emerald Isle 28594

5503 Ocean Dr, Emerald Isle, NC

Not Listed for Sale

Lots

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