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Multi Family at 124 Summerlin Lane, Holly Ridge
Multi Family at 124 Summerlin Lane, Holly Ridge, photo 2 of 19
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$1,775,000

Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2012
124 Summerlin Lane
Holly Ridge, NC 28445
Listed by Better Homes and Gardens Real Estate Treasure 4

Highlights

Property type
Multi Family
Lot size
2.77 acres
On market
2 days

About this home

Five duplexes. Ten rental units. One investment opportunity in Holly Ridge. This approximate 2.77-acre property features ten single-story residences, each with two bedrooms and two full bathrooms. Years built were 2012, 2016, 2019 ,2022 . Seller reports approximately $15,000 in total monthly gross rental income, or $180,000 annualized before expenses. Located a few minutes from Sneads Ferry, less than 10 minutes from North Topsail Beach, and 25 Minutes from Jacksonville make this a desirable location. Close to shopping, entertainment, and easy commutes to major cities. Built between 2012 and 2022 the duplexes features include metal roofs, slab foundations, central electric heating and air, exterior utility rooms, and a shared driveway and parking area. The two-bedroom, two-bath layouts provide flexibility for a variety of rental needs. Public water is indicated in available utility records, and shared septic systems serve the property. Buyers should verify current occupancy, leases, income, expenses, and utility and septic arrangements. Rental income is seller reported and is not a guarantee of future performance.

Property details

MLS
Hive MLS
MLS #
100615740
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
2
On market date
November 11, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.77 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Dixon Elementary
2.74 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
648
Student:teacher ratio
17.1:1
District
Onslow County Schools
Middle
Dixon Middle
2.29 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
934
Student:teacher ratio
18.0:1
District
Onslow County Schools
High
Dixon High
4.03 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,028
Student:teacher ratio
19.4:1
District
Onslow County Schools

Walkability

Blended score for Holly Ridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Holly Ridge, from live MLS data.

On the market 2 days -- 91 fewer days than Holly Ridge's current average of 93 days.
For reference, the median list price across 203 active listings in Holly Ridge right now is $329,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$10,839/mo
$355,000 down
$1,420,000 loan
Principal & interest$9,210
Property tax (est.)$1,479
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.