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23100 Joe Bell Lane
Rodanthe, NC 27968
Trisha Midgett & Team with Midgett Realty - Rodanthe, original listing - (252) 986-6321
$769,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5, ½: 2
Property Type
Conventional
Square ft
3367 Square Feet
Property Description
Discover "Lucky Old Sun," a stunning soundside retreat perfectly positioned between the sound and the ocean, just 250 yards from the beach. With deeded access to both the ocean and sound, this expansive home offers the best of both worlds, capturing breathtaking views from ocean to sound, along with stunning sunrises and unforgettable sunsets. With ample deck space and a convenient ELEVATOR from the carport to all levels, Lucky Old Sun makes it easy to relax and create lasting memories. On the ground level, you’ll find a private pool with a large pool deck, shaded parking, and ample storage. Inside, the first level is designed for entertainment, featuring a spacious game room complete with a pool table, card table, wet bar with a full refrigerator and microwave, and a comfortable sitting area. With both a full and half bathroom on this level, as well as a laundry room, this home truly has it all. Step out onto the shaded soundview deck with a hot tub and stairs leading down to the pool area – an ideal space for unwinding after a day of island adventures. The second level features a king en suite bedroom and a queen bedroom, each with access to the shaded oceanview deck. A second king en suite bedroom and a bedroom with a pyramid bunk set open onto the shaded soundview deck. The queen bedroom and pyramid bunk bedroom share a convenient Jack-and-Jill bathroom. On the third level, an open-concept living area creates a perfect gathering space for family and friends. The well-equipped kitchen features a breakfast bar that flows into the dining area, ideal for shared meals and conversation. This level also includes a third king en suite bedroom, offering privacy and comfort. Step out onto the two sun decks to enjoy cool ocean breezes and expansive views that make this home truly unforgettable. Lucky Old Sun is more than a home; it’s an island oasis. With deeded access to both the ocean and sound, a quick walk to the beach across the street, and $62,000 in rental income, it’s not only a serene escape but also a savvy investment. Cast a line at Rodanthe Pier, enjoy kiteboarding at the Salvo Day Use Area, or explore the Pea Island National Wildlife Refuge. Local eateries, retail shops, and ice cream spots are close by. Whether you're in search of adventure or simply a peaceful retreat, Lucky Old Sun is the perfect choice for a second home or a rental investment opportunity.
Property Information
Lot Size
15,000 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
23100 Joe Bell Lane
City
Rodanthe
State
NC
Zip Code
27968
County
DARE
Listing
Name
Phone
(252) 986-6321
Office Name
Office Phone
(252) 986-6321
Agent Name
Trisha Midgett & Team
Agency Phone
(252) 986-6321

Local Real Estate Expert

SR
Susie Von Suskil, ABR, GRI Broker, REALTOR
Howard Hanna Outer Banks Realty
Call Today!: (252) 207-1088

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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.