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13 Coggeshall Drive
Ocean Isle Beach, NC 28469
The Cheek Team with Keller Williams Innovate-OIB Island, original listing - (910) 575-6262
$3,400,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 2
Property Type
Conventional
Square ft
5204 Square Feet
Property Description
Discover the epitome of coastal luxury at 13 Coggeshall Drive Ocean Isle Beach - a premier property that promises an exclusive blend of elegance & tranquility. This exquisite 6 bedroom, each with an ensuite bath, home offers an unparalleled living experience, steps away from the soft sands and serene waves of Ocean Isle Beach. From the moment you step through the palatial entrance of this 5,200 sqft masterpiece, you are greeted with the warmth of white pine floors that lead you through a thoughtfully designed layout. In the grand foyer, a double staircase set paints a tone of sophistication and grandeur, guiding you to expansive living spaces filled with natural light and breathtaking ocean views and absolutely endless views over Old Sound Creek, the salt marsh and as far as the Intracoastal Waterway. The heart of this home resides on the top floor & features a large, open, modern kitchen, equipped with top-of-the-line appliances & ample space for culinary exploration, making it a chef's dream. It flows seamlessly into the dining room where you can take in views across the Atlantic Ocean. Ebbing back through the kitchen is a stately yet coastal living room, where comfort meets luxury - perfect for gatherings or a quiet evening in. Or take the crowd around the corner to the cocktail lounge & relive the glory days! On this same floor are two master suites that provide a luxurious sanctuary with exquisite attention to detail, ensuring a restful retreat from the bustling world outside. Each suite is outfitted with large ensuite baths, soaking tubs, dual vanities and tiled showers. Heading downstairs, retreat to a less formal living area, complete with a pool table, game table, comfy couches & large TV for movie nights. Encircling this living area are 4 ample bedrooms, each with a connected bathroom. Outdoors, retreat to a massive covered porch tucked into an alcove which creates a 4 seasons effect, enjoyable rain, wind or sun for maximum enjoyment. (read more). Here, tranquility and inspiration are endless. Luxury meets functionality with practical amenities like the elevator, simplifying access between floors and ensuring comfort for all residents or multiple refrigerators throughout the many living areas to grab a cold one no matter where you are. Unique to this property is its outdoor oasis - a meticulously designed space featuring a sparkling pool and inviting lounge areas. It's a private retreat for relaxation or entertaining, with the majestic ocean as a backdrop. Nestled in a prestigious, gated neighborhood, this McClure build not only stands as a testament to quality craftsmanship and timeless design but also offers potential for rental income, making it an attractive investment. 13 Coggeshall Drive is not just a home; it's a lifestyle choice for those who seek the finest in coastal living, where every day feels like a vacation. This property promises a blend of comfort, style, and exceptional quality, making it an ideal haven for those who aspire to experience the best of Ocean Isle Beach, NC.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2006
MLS Number
--
Location
Address
13 Coggeshall Drive
City
Ocean Isle Beach
State
NC
Zip Code
28469
County
BRUNSWICK
Listing
Name
Phone
(910) 575-6262
Office Name
Office Phone
(910) 575-6262
Agent Name
The Cheek Team
Agency Phone
(910) 575-6262

Local Real Estate Expert

JL
Jeff Lott
Keller Williams Innovate-OIB Mainland
Call Today!: (910) 553-6016

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.