North Topsail Beach, NC 28460 4254 Island Drive
$1,999,000



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Home Details
INVESTMENT OPPORTUNITY - Fully furnished, turnkey 10-bedroom North Topsail Beach vacation rental with over $172K in 2025 gross rental revenue, over $154K in gross rental revenue so far for 2026, and over $51,500 in gross rental revenue already booked for 2027. May be of interest to buyers seeking replacement property for a 1031 exchange; buyers should consult their own tax and legal advisors regarding eligibility and requirements.
This incredible oceanside retreat offers a rare opportunity to own a fully furnished, true turn-key short-term rental on one of the most desirable stretches of Topsail Island. Thoughtfully designed to elevate the coastal experience, this 10-bedroom, 10-bathroom beachside retreat blends high-capacity rental potential with the kind of lifestyle that keeps guests returning year after year. From sunrise coffee on the ocean-view decks to sunset gatherings overlooking the marsh, every part of the home embraces the natural beauty and rhythm of the island lifestyle.
Inside, spacious common areas, coastal-modern decor, multiple ensuite bedrooms, a game-filled recreation room, and a private hot tub create an experience that appeals to large groups looking for a beach getaway, multi-family groups, and retreat travelers. Enjoy community pool access, 18 feet of deeded beach access just steps away, and included amenities such as bikes, beach chairs, and thoughtfully curated furnishings. This luxury retreat is fully furnished for a true turn-key experience.
With strong 2025 rental income of over 171K and over 154K in revenue already secured for 2026, plus a design that consistently draws high guest demand, this home stands as an exceptional opportunity for investors seeking a high-capacity, established, and experience-driven property with immediate income potential on Topsail Island. Whether you are looking for your next oceanside retreat or high performing rental investment, this home offers an elevated Topsail Island lifestyle that's ready to enjoy from day one.
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Interior Features for 4254 Island Drive
Bedrooms
Master Bed LevelNon Primary Living Area
Total Bedrooms10
Bathrooms
Half Baths2
Total Baths10
Other Interior Features
SmokingYNNo
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLVT/LVP
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesVaulted Ceiling(s), High Ceilings, Solid Surface, Kitchen Island, Ceiling Fan(s), Elevator, Walk-in Shower, Blinds/Shades
Laundry FeaturesLaundry Closet, Laundry Room
Living Area Range4000 - 4499
Total Stories3
Water HeaterElectric
Window FeaturesThermal Windows
Other Rooms
Entry Level1
Room TypeOther, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Dining Room, Living Room, Dining Area
General for 4254 Island Drive
AppliancesElectric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
Assoc Fee Paid PerAnnually
Association AmenitiesWaterfront Community, Community Pool, Maintenance Common Areas, Management, Street Lights, Taxes
Association NameOcean Ridge Village HOA
Attached Garage Yes
Carport Spaces0.0
Carport Y/NNo
CityNorth Topsail Beach
Construction MaterialsFiber Cement, Wood Frame
CoolingCentral Air
CountyOnslow
DirectionsFrom Hwy 17 N, turn right onto Old Folkstone Rd. Turn right onto State Hwy 210 W and continue into North Topsail Beach. House is located on the oceanside (left).
Elementary SchoolCoastal Elementary
Energy EfficientThermostat
Full Baths8
Garage Spaces4.0
Garage Y/NYes
HOAYes
HOA Fee$1108.0
HeatingElectric, Heat Pump
High SchoolDixon
High School DistrictOnslow
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionL21 S3 Ocean Ridge Village S/F 768 8, 1 Roger Page & M F B
LevelsThree Or More
Living Area4336.0
Living Area UnitsSquare Feet
Lot Size Square Feet12632.0
Lot Size UnitsAcres
Middle/Junior High SchoolDixon
New ConstructionNo
Operating Expense0.0
Other StructuresShower
Parcel Number768a-159
Patio/Porch FeaturesOpen, Covered, Deck, Balcony
Pool FeaturesSee Remarks, Hot Tub
PossessionSubject To Tenant Rights
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofArchitectural Shingle
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Structure TypeWood Frame, Stick Built
Subdivision NameOcean Ridge Village
Tax Assessed Value1127633
Tax Year2024
Taxes$12,235
Total Rooms14
UtilitiesWater Available
ViewMarsh, Ocean, Water
Waterfront FeaturesDeeded Beach Access, Deeded Water Access, Deeded Water Rights, Deeded Waterfront
Year Built2024
ZoningR-15
Exterior for 4254 Island Drive
Building Area Total4336.0
Crops Included Y/NNo
Exterior AmenitiesOutdoor Shower
Exterior FinishFiber Cement
FencingNone
Foundation DetailsOther, Slab, Pilings
Frontage TypeOceanfront
Horse Y/NNo
Lot Dimensionsirregular
Lot FeaturesDeeded Beach Access, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Ocean Side
Lot Size Acres0.29
Lot Size Area0.29
Parking FeaturesGarage Faces Side, Attached, Garage Door Opener, On Site, Tandem
Road Frontage TypeMaintained, City Street, State Road
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NYes
Additional Details
Price History
Schools
Middle School
Dixon Middle School
Elementary School
Coastal Elementary
High School
Dixon High School
Logan Galloway
Broker-in-Charge/Sales Leader

SQFT • 4,336