8801 Reed Drive #W302
Emerald Isle, NC 28594
2
Bed
2
Bath
990Sqft
0.01Acre(Lot)
Stunning views, beautiful recent updates, private covered balcony, exceptional rental history, walking distance to shopping, gated community, all in the heart of Emerald Isle. What else could you ask for? Sound of the Sea is a highly sought-after community, and this unit is in the ocean front building which offers those endless views from the living room as well as the primary bedroom. Rental income for the past 4 years has ranged between $44,500-$47,500 with the exception of 2025 when owners limited rentals for personal use and still grossed $35,300! Owners are willing to facilitate a smooth transition of rentals to new owners as they have mostly repeat guests. Rentals for 2027 are just beginning to come in but could be closed if new buyers want the property for personal use only.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 4 -
Roofing Information
Membrane, Flat -
Interior Features
Ceiling Fan(s), Pantry Roof: Membrane, Flat Appliances: Refrigerator, Dishwasher, Electric Range, Microwave, Electric Water Heater Laundry Features: Laundry Closet Window Features: Window Coverings -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump, Electric Has Cooling: Yes Cooling: Heat Pump Water front: 1
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Building Information
Year Built: 1986 Building Area Total: 990 Construction Materials: Concrete, Stucco, Frame Patio And Porch Features: Covered Pool Features: See Remarks Private Pool: No View: Ocean, Water Association Fee Frequency: Annually -
Exterior Features
Exterior Features: Balcony
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Lot Information
Main Square Feet: 0.01 Acres Lot Size Acres: 0.01 Lot Size Square Feet: 218Property Information
Subdivision: Sound Of The Sea Source Property Type: Residential Property SubType: Condominium Levels: One Property Age: 40
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Listing Price Information
Listing Price: $595000 Cash, Conventional
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Tax Information
Parcel Number: 538311650820302 Tax Year: 2025 Annual Tax: $2285.1
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Parking Information
Parking Lot, Asphalt, On Site, PavedHomeowners Association InformationHas Association: Yes HOA: $10,580.00 Association Amenities: Beach Access, Beach Rights, Elevator(s), Gated, Maintenance Grounds, Management, Security, Storage, Tennis Court(s), Trash, Cable TV Community Features: Pool, Street Lights
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School Information
Elementary School: White Oak ElementaryJunior High School: Broad CreekSenior High School: Croatan -
Utility Information
Sewer Connected, Water Connected -
Location Information
Direction: From HWY 58 in Emerald Isle take the roundabout to Mallard Drive, then turn left on Reed Drive, turn right into Sound of the Sea. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2306 Emerald Drive #2, Emerald Isle, NC, 28594 | $245,000 | -- | 1 | 475 | 0.01 Acre |
| 2306 Emerald Drive #7, Emerald Isle, NC, 28594 | $350,000 | 1 | 1 | 562 | -- |
| 2506 Ocean Drive #A2, Emerald Isle, NC, 28594 | $640,000 | 2 | 2 | 1,080 | -- |
| 2506 Emerald Drive #E, Emerald Isle, NC, 28594 | $829,000 | 3 | 3 | 1,364 | -- |
| 2801 Pier Pointe Drive .., Emerald Isle, NC, 28594 | $618,000 | 2 | 2 | 1,134 | -- |
| 2809 Pier Pointe Drive .., Emerald Isle, NC, 28594 | $594,500 | 2 | 2 | 1,070 | -- |
| 2913 Pointe West Drive .., Emerald Isle, NC, 28594 | $629,000 | 2 | 2 | 1,097 | 0.01 Acre |
| 2901 Pointe West Drive .., Emerald Isle, NC, 28594 | $515,000 | 2 | 2 | 1,134 | -- |
| 2909 Pointe West Drive .., Emerald Isle, NC, 28594 | $610,000 | 2 | 2 | 1,134 | -- |
| 2909 Pointe West Drive .., Emerald Isle, NC, 28594 | $600,000 | 2 | 2 | 1,134 | -- |
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The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.
ByOwner last updated this listing 10/02/2026 @ 06:04
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