Single Family Residence at 512 Ocean Drive E&w, Emerald Isle, NC 28594
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85 photos

$1,499,900

512 Ocean Drive E&w, Emerald Isle, NC 28594
Emerald Isle, NC 28594
Listed by Mary Cheatham King Real Estate team · Keller Williams Crystal Coast
Bedrooms
8
Bathrooms
8
Living area
4,833 sqft
Year built
1990

About this home

Oceanview, high-elevation duplex offering coastal views and strong rental income. This well-established 8-bedroom, 8-bath property has a proven rental history on both sides, offering the flexibility to live in one unit while generating income from the other. The first floor includes a welcoming gathering room with a kitchenette, durable LVP flooring, two versatile flex rooms, a guest bedroom with an ensuite, and an additional hall bath. Upstairs, the open-concept living and kitchen area continues the LVP flooring and flows seamlessly to multiple guest accommodations, including two guest bedrooms sharing a hall bath and a primary suite with a private ensuite. Covered and uncovered decks extend the living space outdoors, capturing ocean breezes and expansive views, while select bedrooms also enjoy sound views. Both east and west sides are a mirror image layout, identical in design, maximizing functionality and rental appeal. Located in sought-after Emerald Isle, known for its pristine beaches and relaxed coastal lifestyle, the property is just minutes from local boutiques, dining, and waterfront restaurants. Whether you're looking for a turnkey investment or a coastal retreat, this oceanview duplex delivers the ideal combination of comfort, versatility, and seaside living in Emerald Isle.

Property details

MLS
Hive MLS
MLS #
100613551
Property type
Single Family Residence
Subdivision
Emerald Isle By The Sea
Status
Active
Days on market
1
On market date
October 30, 2026
Stories
N/A
Total bathrooms
8
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.26 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
White Oak Elementary
8.02 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
746
Student:teacher ratio
14.3:1
District
Carteret County Public Schools
Middle
Broad Creek Middle
3.3 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
701
Student:teacher ratio
15.9:1
District
Carteret County Public Schools
High
Croatan High
2.94 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
910
Student:teacher ratio
15.4:1
District
Carteret County Public Schools

Walkability

Blended score for Emerald Isle'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).

29
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
18 / 100
Restaurants & cafes1
Grocery stores1
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Emerald Isle, from live MLS data.

On the market 1 days -- 136 fewer days than Emerald Isle's current average of 137 days.
For reference, the median list price across 157 active listings in Emerald Isle right now is $829,000.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$9,183/mo
$299,980 down
$1,199,920 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. 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.