111 Cutlass Drive, Holly Ridge, NC, 28445
About This Home
WATER ACCESS! LOCATION! DOUBLE POTENTIAL INCOMING PRODUCING! FULLY FURNISHED! EASY TO SHOW! Located in the sought-after Pirates Cove community in Surf City on Topsail Island, this expansive coastal retreat doesn't just whisper opportunity, it delivers it with space, flexibility, and undeniable charm. Spanning over 3,500 square feet, this impressive 5-bedroom, 6-full-bath beach home is thoughtfully designed for versatility and comfort. Featuring two full kitchens, two living rooms, and two primary suites with attached bathrooms, the layout is perfectly suited for easy conversion into a duplex, multigenerational living, or a high-performing vacation rental setup. An elevator provides effortless access between levels, while multiple screened-in porches invite you to slow down and savor the coastal breeze. Cozy up beside one of two fireplaces, or step outside to enjoy the pergola-covered outdoor space, ideal for entertaining or relaxing after a day on the water. Situated on a corner lot with mature trees, the home offers added privacy and a true coastal neighborhood feel. The rare convenience of four garages spaces and two separate driveways provides ample parking for guests, boats, and beach gear. Located within a water-access community with a boat ramp, you're just minutes from the beach, dining, and local favorites. Best of all, this home is being sold furnished, excluding a few personal items, making it a seamless transition whether you're looking for a primary residence, second home, or investment property. Versatile. Spacious. Exceptionally located. This is more than a beach house, it's a coastal lifestyle investment with room to gather, generate, and grow. 🌊⚓. THIS HOME DOES ALLOW SHORT TERM RENTALS!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1995
Materials
- Foundation: Slab
- Roof: Architectural Shingle
- Construction materials: Vinyl Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Electric Cooktop,Built-In Microwave,Washer,Refrigerator,Dryer,Dishwasher,Electric Range
- Laundry features: Dryer Hookup,Washer Hookup,Laundry Closet
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Features
- Walk-in Closet(s),Entrance Foyer,Elevator,2nd Kitchen,Ceiling Fan(s),Furnished,Pantry,Blinds/Shades,Gas Log,Walk-In Closet(s)
- Flooring: Carpet,Tile,Wood
- Fireplace features: Gas Log
- Fireplace: Yes
- Attic: Scuttle
Heating & Cooling
- Heating features: Fireplace(s),Electric,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,544
- Total interior livable area: 3,544 sqft
Property
Accessibility
- Accessibility features: Accessible Doors,Accessible Elevator Installed
Details
- Parcel number: 42247024050000
- Zoning: AE
- Special condition: Standard
Features
- Levels: Three Or More
- Pool features: None
- Patio & porch: Covered,Deck,Porch,Screened,Balcony
- Fencing: None
- Has view: Yes
- View description: Marsh,Sound,Water
- Has water view: Yes
- Water view: Marsh,Sound,Water
- Waterfront features: Boat Ramp,Water Access Comm
- Frontage type: See Remarks
- Living area range: 3500 - 3999
Lot
- Lot size: 0.31 Acres
- Features: Corner Lot,Boat Dock,Boat Ramp,Water Access Comm
- Lot size dimensions: IRREGULAR
Parking
- Total spaces: 4
- Parking features: Concrete,Lighted,Off Street,Garage6
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Coastal Flooding
- Hurricane
- Lightning
- Winter Weather
- Inland Flooding
- Ice Storm
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Pender County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,331 | $87,972 |
| Home Insurance * | $356 | $4,272 |
| Property Taxes | $493 | $5,916 |
| Electricity | $330 | $3,961 |
| Total | $8,510 | $102,120 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Price change | $1,550,000 |
| 2026-02-24 | Price change | $1,650,000 |
| 2026-01-01 | Listed for sale | $1,700,000 |
| 2005-06-29 | Sold | $830,000 |
For Sale by Agent
View on Zillow