Under contract

Pending with Showings

1502 N Lumina Avenue

Wrightsville Beach NC, 28480

$1,795,000


$1,214.48 per sqft

Under contract

Pending with Showings

2 Beds

2 Baths

1,478 sqft

Residential

Built in 1946

Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment.

Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement.

The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.

100451954

MLS ID

June 21, 2024

Listed

December 4, 2024

Updated

Map

1502 N Lumina Avenue
Wrightsville Beach NC, 28480

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Furnished, Central Vacuum


Appliances

Cooktop - Gas


Laundry Description

In Garage


Floor Description

Concrete, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Electric, Forced Air

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

None


Lot Features

Interior Lot


Roof

Shingle


Sewer

Municipal Sewer

School Information

High School

Hoggard


Elementary School

Wrightsville Beach

Other Property Details

Days on Market

166


Association Fee Frequency

Yearly


Association Amenities

No Amenities


Garage

Yes


Garage Spaces

2


Parking

Attached, Additional Parking, Gravel, Concrete, Off Street


Parking Total

2


View

No


County

New Hanover


Water Source

Municipal Water


Pool

No


Zoning

R-2

Listing History

Date

Event

Price

12/4/2024

Under contract

7/27/2024

Price change

$1,795,000

-11%

Courtesy of Cadence Realty Corporation with Will C Daube, Frederick E Barton
Listing Contact: 910-409-3605 

 

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Data last updated 7:45 PM UTC, 12/4/2024

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