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2506 Emerald Drive #E, Emerald Isle, NC, 28594

3beds
3baths
1,364sqft
$829,000
$608price/sqft
$4,787/moest. monthly cost
$191,480/yrincome needed

About This Home

This property can do it all! It can easily be a comfortable and convenient primary residence. Or it be your home away from home with minimal maintenance and maximum enjoyment. Or it can be purchased as an investment property earning substantial rental income with proper management. A very nice condo with only one shared well. Frontage on Bogue Sound and a short walk to the beach just across the street. There are water views from every room in the house. On the top deck there is even a clear view of the ocean. This unit was completely renovated and updated in 2020, with: metal roof, foam insulation, quartz countertops, subway tile backsplash, stainless steel appliances, LVP flooring, soft close drawers, Levelor honeycomb cell blinds, TV hookups throughout, outdoor private shower and furnished tastefully throughout. Living area is open for ease in entertaining and enjoying views of the water. Enjoy the sound in one of six kayaks. Great storage underneath. Room for parking 2 to 3 vehicles underneath the unit. Each of the decks, upper and lower, are 10 feet wide and feel very spacious for outdoor living. Great dock jointly owned with your seven neighbors. Just bring your personal items and enjoy life as the owner of this beautiful property! New condensor units for both HVAC installed on April 22, 2026 with five year warranties.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

10/10
White Oak ElementaryGrades PK-56.1 mi
7/10
9/10
Croatan High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Other,Pilings
  • Roof: Metal
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Washer,Refrigerator,Dryer,Dishwasher,ENERGY STAR Qualified Appliances,Electric Range
  • Laundry features: Laundry Closet

Basement

  • Basement: None

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Third

Features

  • Solid Surface,Kitchen Island,Ceiling Fan(s),Furnished,Blinds/Shades
  • Door features: Thermal Doors,Storm Door(s)
  • Window features: Thermal Windows
  • Flooring: LVT/LVP
  • Attic: Access Only

Heating & Cooling

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

Interior Area

  • Total structure area: 1,364
  • Total interior livable area: 1,364 sqft

Kitchen

  • Level: Third

Living Room

  • Level: Third

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 631414438919000
  • Zoning: Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Open,Covered,Deck,Front Porch
  • Exterior features: Outdoor Shower,Irrigation System,Storm Doors,Thermal Doors
  • Fencing: None
  • Has view: Yes
  • View description: ICW,Sound
  • Has water view: Yes
  • Water view: Sound
  • On waterfront: Yes
  • Waterfront features: Pier,Bulkhead,Deeded Water Rights,Waterfront,Sound Side,ICW Front,Sound Front
  • Frontage type: ICW Front,Sound Front
  • Living area range: 1200 - 1399

Lot

  • Features: Bulkhead,Deeded Water Rights,Deeded Waterfront,Pier,Sound Side

Parking

  • Parking features: Covered,Gravel,Lighted,Off Street,On Site,Underhouse

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 $4,191$50,292
Home Insurance *$111$1,332
Property Taxes $285$3,420
Electricity $200$2,405
Total$4,787$57,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,125/yr
40% on housing$143,610/yr
45% on housing$127,653/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

$608This listing

vs Other Active Listings

Avg $/sqft

ZIP 28594$621
Carteret County$290

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
2026-07-28Price change$829,000
2026-03-27Listed for sale$849,000
2026-01-01Listing removed$949,000
2025-06-28Price change$949,000
2025-05-08Listed for sale$975,000

For Sale by Agent

AgentDennis M Goodwin
BrokerageRE/MAX Ocean Properties

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