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404 Ocean Drive #., Emerald Isle, NC, 28594

9beds
9baths
5,872sqft
$3,790,000
$645price/sqft
$22,304/moest. monthly cost
$892,160/yrincome needed

About This Home

BLUE CRAB - Investors Take Note: Approximately 14 Weeks Already Scheduled Rentals In 2026. Magnificent Modern Coastal Home With Heated Salt Water Pool. This 9 Bedroom 9 1/2 Bath Newly Constructed Home Anticipates Completion In 60 days. Elevator, Standing Seam Metal Roof, Oceanside Impact Rated Windows, Hardie Board Provides Durability, Continuous Flow Tankless Water Heater, Water Softener, Engineered European Hardwoods And Tile, Concrete Driveway, Presby High Efficiency, High Capacity, Low Maintenance, Septic System, Multiple Decks For Optimum Views, Custom Cabinetry, LG Signature High End Appliances. So Much More So Come Take A Tour For Yourself.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

10/10
White Oak ElementaryGrades PK-58.2 mi
7/10
8/10
Croatan High SchoolGrades 9-123.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Other,Slab,Pilings
  • Roof: Metal
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Tankless Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Third

Bedroom6

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full bathrooms: 9

Features

  • Walk-in Closet(s),High Ceilings,Kitchen Island,Elevator,Ceiling Fan(s),Walk-in Shower,Walk-In Closet(s)
  • Door features: Thermal Doors
  • Flooring: Tile,Hardwood
  • Attic: Walk-In

Great Room

  • Level: Third

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 5,872
  • Total interior livable area: 5,872 sqft

Kitchen

  • Level: Third

Other

  • Level: Fourth

Other

  • Level: Fourth

Other

  • Level: Ground

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 632411652864000
  • Zoning: R2
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Pool features: In Ground
  • Patio & porch: Deck
  • Exterior features: Outdoor Shower,Thermal Doors
  • Fencing: Partial
  • Has view: Yes
  • View description: Ocean,Sound
  • Has water view: Yes
  • Water view: Ocean,Sound
  • Waterfront features: Second Row
  • Frontage type: See Remarks
  • Living area range: 5500 - 5999

Lot

  • Lot size: 10,454 sqft
  • Features: Level,Ocean Side,Second Row
  • Lot size dimensions: 75 x 145 x 75 x 144

Parking

  • Parking features: On Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Winter Weather
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Carteret County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,164$229,968
Home Insurance *$508$6,096
Property Taxes $2,086$25,032
Electricity $546$6,563
Total$22,304$267,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$764,708/yr
40% on housing$669,120/yr
45% on housing$594,773/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$645This listing

vs Other Active Listings

Avg $/sqft

ZIP 28594$589
Carteret County$289

vs Homes Sold Last Month

Median $/sqft

ZIP 28594$538
Carteret County$252

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-15Listed for sale$3,790,000
2024-04-17Sold$705,000
2024-02-15Pending sale$625,000
2024-02-10Listed for sale$625,000

New Construction

AgentBeth G. Smith
BrokerageKeller Williams Realty

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