7127 Ocean Drive

Emerald Isle, NC
$ 3,990,000 Beds 11 Baths 10.5 Sq 7,206 Virtual Tour
Monthly Estimate* How much can I afford?

This 11 bedroom, yes 11 bedroom, masterpiece ocean front estate is absolutely one of Emerald Isle's true sand castle homes. Soon to be an investors gold mine or your personal dream come true. 2024 was the first rental season grossing $251K, 2025 rentals were $256k and 2026 already has $305K booked and is expected to be north of $350k Expanded, renovated, and completely redecorated, leaving absolutely no detail overlooked, words simply cannot capture how exquisite this home is! Therefore, I will not try. Go look at the pictures and video.

Active

  • Price
  • $ 3,990,000
  • City
  • Emerald Isle
  • Bedrooms
  • 11
  • Full Bathrooms
  • 10
  • County
  • CARTERET
  • Half Bathrooms
  • 1
  • Area
  • Dogwood Acres
  • Lot Size
  • 0.45 Acres
  • Zip
  • 28594
  • Sqr Footage
  • 7,206
  • Year Built
  • 2006
  • Style
  • Single Family Residence
  • MLS#
  • 100429078
Listed By: ENC Homes, LLC
Data Source: Carteret County Association of REALTORS® (CCAR) - NCRMLS

Features

General

Living Area 7206.0
Heating Heat Pump,Electric,Zoned
Cooling Zoned,Heat Pump
Utilities Water Available
Possession Close Of Escrow,At Closing
Roof Metal
Appliances Vented Exhaust Fan,Mini Refrigerator,Gas Cooktop,Built-In Microwave,Freezer,Water Softener,Washer,Refrigerator,Ice Maker,Dryer,Double Oven,Dishwasher,Tankless Water Heater,Generator
Zoning Residenial
Garage Spaces 0.0
Patio/Porch Features Covered,Deck,Porch
Pool Features In Ground,Hot Tub
Security Features Security Lights,Smoke Detector(s)
Construction Materials Fiber Cement,Wood Frame
Year Built 2006
View Ocean,Water
Stories Count 4
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2023
Parcel Number 539307684824000
Gross Income 161000.0
Accessibility Accessible Hallway(s),Accessible Elevator Installed
County Carteret
Operating Expense 30932.0
New Construction No
Property Type Residential
In City Limits? (Y/N) Yes
Association Amenities None
HOA No
Attached Garage No
Energy Efficient Lighting,LED Lighting
Subdivision Name Dogwood Acres
Garage Y/N No
Total Rooms 14
Full Baths 10
Status Active
Directions From the corner of Hwy 24 and Hwy 58 proceed east on Hwy 58,turn right on Craig,turn left on Ocean dr. House is on the right
High School Croatan
City Emerald Isle
Lot Size Units Acres
Lot Size Square Feet 19602.0
Carport Spaces 0.0
Carport Y/N No
Elementary School White Oak Elementary
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Broad Creek
Ok to Lease Short Term Lease
Lease Considered Y/N No
Structure Type Wood Frame,Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 1849021
Tax Lot 8
Legal Description L8 BE B30 Dogwood Acres

Interior Features

Interior Amenities Master Downstairs,Walk-in Closet(s),High Ceilings,Entrance Foyer,Solid Surface,Whirlpool,Whole-Home Generator,Bookcases,Kitchen Island,Elevator,2nd Kitchen,Ceiling Fan(s),Furnished,Hot Tub,Pantry,Wal
Basement None
Flooring Tile,Wood
Furnished Y/N Furnished
Water Heater Propane,Tankless
Total Fireplaces 1
Fireplace Features Gas Log
Master Bed Level Primary Living Area
Total Stories 4
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Thermal Windows
Fireplace Y/N Yes
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 11
Attic Features Walk-In
Entry Level 2
Room Type Master Bedroom,Bedroom 1,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5,Bedroom 6,Bedroom 7,Bedroom 8,Bedroom 9,Bedroom 10,Living Room,Dining Room,Dining Area
Total Baths 11
Living Area Range 7000 - 7499
SmokingYN No

Exterior Features

Exterior Amenities Shutters - Board/Hurricane,Outdoor Shower,Irrigation System,Gas Grill,DP50 Windows,Thermal Doors
Exterior Finish Fiber Cement
Fencing Vinyl
Parking Features On Site
Lot Features See Remarks,Ocean Side
Water Source Public
Total Parking 0.0
Lot Size Area 0.45
Foundation Details Block,Other,Pilings
Spa No
Building Area Total 7206.0
Lot Dimensions 75 x 261 x 75 x 264
Lot Size Acres 0.45
Frontage Type Oceanfront
Waterfront Y/N Yes
Door Features Thermal Doors
Road Frontage Type City Street,State Road
Other Equipment Generator
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Morehead City, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School White Oak Elementary
Middle School Broad Creek Middle School
High School Croatan High School

Price History

2/23/2024 Listed $4,695,000
2/13/2025 1% - $4,685,000
5/5/2025 3% - $4,585,000
7/31/2025 1% - $4,584,000
9/26/2025 3% - $4,479,000
1/13/2026 1% - $4,450,000
2/27/2026 1% - $4,440,000
3/19/2026 2% - $4,390,000
4/28/2026 3% - $4,290,000
5/21/2026 2% - $4,240,000
7/8/2026 6% - $3,990,000

Property vs Zip Code Average in 28594

Price
AVG $1.69M
$3.99M
Year Built
AVG 1999
2006
Visits
AVG 206
1042
Data Provided by Inside Real Estate®

7127 Ocean Drive Emerald Isle, NC is a Single Family Home for sale at $3990000 with 7206 sqft and a lot size of 0.45 Acres Acre(s). 7127 Ocean Drive Emerald Isle has 11 bedrooms, 10 baths and was built in 2006. The property's zip code is 28594 which is in Emerald Isle, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.