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180 Irvin Garrish Highway unit: 308 308, Ocracoke, NC 27960

For Sale
Sale Pending

$329,000

1 beds • 1 baths • 340 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Condominium
    Property type

  • $967.65
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed The Anchorage for decades - eating at SmacNally's, renting golf carts on-site, relaxing in the sun at the swimming pool, using the deep-water docks w/ large boat slips & the Marina - all a short walk away! Under new ownership, The Anchorage has been condominiumized, providing the opportunity to own an income-producing inn room w/ a deep-water boat slip, at prices consistent w/ a small lot on the Island! Unit 308 is on the 3rd level & has 2 valuable bonuses that most other units do not: a larger front porch to enjoy BREATH-TAKING WATER VIEWS, & EXTRA SQUARE FOOTAGE which can be turned into a kitchen! 308 & 309 can be combined for a 608sf 2BA DOUBLE unit, at a HUGE Price Discount! These NEWLY-RENOVATED units come freshly-painted & outfitted w/ new furniture, new beds, new appliances & new decor - all purchased & paid-for by the Developer! Crown Management is the new on-site property manager; handling all vacation rental marketing, reservations, guest services, & accounting. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the POA. Each unit is expected to net between $22k - $25k after deducting POA dues - which cover building maintenance (interior & exterior), landscaping, ALL utilities (power, water, cable, internet), & the insurance for each property owner, master insurance policy for the OA & common areas, AND the flood insurance policies (before Crown Management's STR fees). The Anchorage sits on one of the higher properties on Ocracoke Island. Until Hurricane Dorian, the property had never flooded & hasn't since. Minimal water came in during Dorian (less than 1''), and was in & out in minutes. You can use or rent the deep-water boat slip - a short walk away. Many 2025 Spring, Summer & Fall dates are fully-booked! Buy now & inherit these lucrative reservations!
MLS# 100494775

Courtesy Of The Rich Company of Ocracoke

(252) 333-2596

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Patio, Security System, Disabled Access, Security System, Elevator, Water Front
  • Exterior Type
    Block
  • Floor Covering
    Tile
  • Heating System
    Forced Air
  • View Type
    Water, Marina

Map and Directions

Directions to 180 Irvin Garrish Highway unit: 308 308, Ocracoke, NC 27960

Home seller CENTURY 21 Sail/Loft Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sail/Loft Realty

(252) 249-1787
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.