7127 Ocean Drive, Emerald Isle, NC 28594

$3,990,000
Property Type: Residential Bedrooms: 11 Baths: 11 Square Footage: 7,206 Lot Size (sq. ft.): 19,602 Status: Active
Current Price: $3,990,000 List Date: 2/23/2024 Last Modified: 8/26/2026

Overview

Description

This 11 bedroom, yes 11 bedroom, masterpiece ocean front estate is absolutely one of Emerald Isle's true sand castle homes. Soon to be an investors gold mine or your personal dream come true. 2024 was the first rental season grossing $251K, 2025 rentals were $256k and 2026 already has $305K booked and is expected to be north of $350k Expanded, renovated, and completely redecorated, leaving absolutely no detail overlooked, words simply cannot capture how exquisite this home is! Therefore, I will not try. Go look at the pictures and video.

Listing Details MLS# 100429078

Contract Info

Sub-Type
Single Family Residence
Construction Type
Stick Built
Delayed Marketing?
No
Marketing Start Date
2024-02-23
Listing Price
3990000
List Price/SqFt
553.71
Stipulation of Sale
Standard

Location Information

Street #
7127
Street Name
Ocean
Street Suffix
Drive
County
Carteret
State/Province
NC
Zip Code
28594
City Limits
Yes
Marketing City
Emerald Isle
Subdivision
Dogwood Acres
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From the corner of Hwy 24 and Hwy 58 proceed east on Hwy 58 , turn right on Craig, turn left on Ocean dr. House is on the right
Sign on Property
Yes

Property Exterior Info

New Construction
No
Lot Acres
0.45
Lot SqFt
19602
Lot Dimensions
75 x 261 x 75 x 264
Waterfront
Yes
Waterview
Yes
Location Type
Island

Property Interior Info

SqFt - Heated (Primary)
7206
Total SqFt - Heated (Primary + Separate)
7206
# Rooms
14
# Baths - Full
10
# Baths - Half
Yes
# Baths - Total
11
# Bedrooms
11
Master Bedroom Level
Primary Living Area
Stories
4
Stories Total
4
Fireplace Y/N
Yes

Legal Taxes

Year Built
2006

More Information

Entry Level Information

Entry Level
2

Rooms

Bedroom 1 Level
Third
Bedroom 10 Level
Fourth
Bedroom 2 Level
Third
Bedroom 3 Level
Third
Bedroom 4 Level
Third
Bedroom 5 Level
Second
Bedroom 6 Level
First
Bedroom 7 Level
First
Bedroom 8 Level
First
Bedroom 9 Level
Fourth
Dining Room Level
Second
Kitchen Level
Second
Living Room Level
Second
Master Bedroom Level
Second

Rental Information

Lease Term
Short Term Lease
Operating Expense
30932
Gross Income
161000

Property Features

Frontage Type: Oceanfront Handicap Accessible: Accessible Hallway(s); Elevator View Type: Ocean; Water Attic: Walk-In Basement: None Construction: Wood Frame Exterior Features: DP50 Windows; Gas Grill; Irrigation System; Outdoor Shower; Shutters - Board/Hurricane; Thermal Doors Exterior Finish: Fiber Cement Fencing: Vinyl Foundation: Block; Pilings Fuel Tank Ownership: Owned Green Bldg Features: LED Lighting; Tankless Water Heater Parking Features: On Site Patio and Porch Features: Covered; Deck; Porch Pool Features: Hot Tub; In Ground Roof: Metal Levels: 3 Story or More Trash Collection: City Pick-UP Lot Features: See Remarks Lot Water Features: Ocean Side Cooling: Heat Pump; Zoned Heating: Heat Pump; Zoned Heating System Fuel Source: Electric Water Heater: Propane; Tankless Utilities: Water Available Sewer: Septic Tank Water Source: Municipal Water Fireplace Features: Great Room Flooring: Tile; Wood Furnished: Furnished Interior Features: 2nd Kitchen; Blinds/Shades; Bookcases; Ceiling Fan(s); Elevator; Entrance Foyer; Furnished; Gas Log; High Ceilings; Hot Tub; Kitchen Island; Master Downstairs; Pantry; Solid Surface; Walk-in Shower; Walk-In Closet(s); Whirlpool; Whole-Home Generator Window Features: Thermal Windows Security Features: Security Lights; Smoke Detector(s) Laundry Features: Laundry Room Heated SqFt: 7000 - 7499 Dining Room Type: Combination HOA and Neigh Amenities: No Amenities Rooms: Bedroom 1; Bedroom 10; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bedroom 6; Bedroom 7; Bedroom 8; Bedroom 9; Dining Room; Kitchen; Living Room; Master Bedroom Rental Information: Is Property Subject to Lease?; Is Property Subject to Vacation Rental Act Terms: Cash; Conventional; Commercial

Room Information

Room Name Length Width Level
Master Bedroom 1.00 1.00 Second
Bedroom 1 1.00 1.00 Third
Bedroom 2 1.00 1.00 Third
Bedroom 3 1.00 1.00 Third
Bedroom 4 Third
Bedroom 5 Second
Bedroom 6 First
Bedroom 7 First
Bedroom 8 First
Bedroom 9 Fourth
Bedroom 10 Fourth
Living Room Second
Dining Room Second
Kitchen Second
IDX
Listing Office: ENC Homes Semper Fi Real Estate
Last Updated: August - 26 - 2026
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