The Bungalow
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1502 N Lumina Avenue

Wrightsville Beach, NC 28480

$1,995,000

$1,350 per Sq.Ft.

  • Active
  • 2 beds
  • 2 baths
  • 1478 Sq. Ft.
  • Residential
  • Built in 1946
  • MLS #100451954
2 beds
2 baths
1478 Sq. Ft.
Residential
Built in 1946
MLS #100451954
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.


Interior Features

Total bedrooms
2 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Cooktop - gas
Interior features
Furnished, central vacuum
Flooring
Concrete, tile, wood
Cooling
Central air, wall/window unit(s)
Heating
Electric, forced air


Exterior Features

Lot size
0.11 acres
Lot features
Interior lot
Water front
No
Water features
None
Fencing
Back yard, wood
Exterior features
Block
Roof
Shingle


HOA Information

HOA
No
HOA amenities
No amenities


Utilities

Utilities
Natural gas available


Schools

Elementary school
Wrightsville Beach
Middle school
Noble
High school
Hoggard


Other Information

Tax assessed value
$821,100.00
Tax year
2023
Zoning
R-2


Listing provided courtesy of: Cadence Realty Corporation. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

About Wrightsville Beach

Named one of the South's best beaches and dubbed one of the top surfing towns in the world by National Geographic, Wrightsville Beach is known for its clean, spacious beach and picturesque setting.

Wrightsville Beach Real Estate
Wrightsville Beach Real Estate
Wrightsville Beach Real Estate

Market trends

There were 5 new listings in Wrightsville Beach last month. The average time on market was 110 days and the average price of new new listings was $2,802,000. Over the last three months, the average sale price to list price ratio was 94.40%.

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Homes for sale

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