Property listing for 5307 Ocean Dr Unit East, Emerald Isle, NC, 28594
For SaleTownhouse

$1,395,000

5307 Ocean Dr Unit East, Emerald Isle, NC, 28594

Oceanfront Townhome with Wide Atlantic Views in Emerald Isle

4 Bed · 3.5 Bath · 2,048 Sq Ft

Great Escape East — elevated, furnished, income-producing oceanfront retreat

4

Beds

3.5

Baths

2,048

Sq Ft

1997

Built

1-car (converted to game room)

Garage

About 5307 Ocean Dr Unit East

Perched on a highly elevated homesite with a strong, protective dune line, Great Escape East delivers the kind of wide-open Atlantic views that define Emerald Isle living. From the third-level great room—whose soaring ceilings and fireplace anchor family gatherings—you step out to decks that look directly over the beach. Oceanside windows and sliding doors were replaced in 2024, so those vistas feel immediate and intact.

This three-story townhome is set up for flexible coastal life: four bedrooms, three full baths, a half bath, and a versatile ground-floor bonus room. The one-car garage has been thoughtfully converted into a lively game room, perfect for rainy days or post-beach hangouts. Practical, recent upgrades give the next owner peace of mind: new decks and vinyl handrails (2026), roof and great room paint (2025), stair carpeting (2022), remodeled primary bath (2021), and tile flooring in all bedrooms (2020). Offered fully furnished, the property is turnkey for owners, second-home families, or investors.

Beyond the finishes, Great Escape East is a proven short-term rental performer: the unit generated over $60,000 in bookings in 2025 and already shows $53,000 booked for 2026 despite significant owner use and blocked dates. That documented rental history, combined with turnkey furnishing and coastal location, makes the home an attractive asset for buyers seeking both lifestyle and revenue.

Life here is about salt air, big sky, and effortless access to the shore. The bright, open third level becomes a natural gathering place for sunset dinners and weekend crowds, while private bedroom suites offer restful separation. The flexible layout means ample space for family weeks, multi-generational stays, or maximizing rental occupancy. With a list price of $1,395,000 and a strong record of bookings, Great Escape East is an exceptional opportunity to own one of Emerald Isle’s sought-after oceanfront townhomes.

Home Highlights

Oceanfront, elevated homesite with protective dune lineThird-level great room with fireplace and ocean viewsOceanside windows & sliding doors replaced (2024)New decks and vinyl handrails (2026)Remodeled primary bath (2021)Tile flooring in bedrooms (2020); stair carpeting (2022)One-car garage converted to game roomProven rental income: $60k+ in 2025; $53k booked in 2026Offered fully furnished and turnkey

Property Features

Interior Features

  • 4 bedrooms, 3 full baths, 1 half bath
  • Third-level great room with soaring ceilings and fireplace
  • Remodeled primary bathroom (2021)
  • Tile flooring in all bedrooms (2020)
  • Stairway carpeting updated (2022)
  • Washer and dryer (in-unit laundry)
  • Offered fully furnished

Exterior & Lot

  • Direct oceanfront location with elevated homesite
  • Strong, protective dune line
  • New decks and vinyl handrails (2026)
  • Oceanside windows and sliding doors replaced (2024)
  • Roof and great room paint refreshed (2025)
  • One-car garage (currently converted to game room)

Location & Neighborhood

  • Situated on Emerald Isle along the Crystal Coast
  • Immediate beach access and Atlantic views
  • Turnkey vacation-rental setup with proven bookings
  • Close to coastal dining, family activities, and seasonal events

Walkability & Recreation

  • Walkability Rating: 20/100 — Almost All Errands Require a Car
  • Direct beachfront access and ocean-facing decks
  • Protected dune line and elevated lot for coastal resiliency
  • Ideal location for beach activities, fishing, and water sports
  • Community recreation and seasonal coastal events nearby

Neighborhood & Location

Emerald Isle, on North Carolina’s Crystal Coast, is defined by broad beaches, family-oriented seashore living, and a steady stream of seasonal recreation. The community attracts buyers looking for relaxed coastal days, watersports, and a small-town beach vibe. Local merchants, casual dining, and year-round community events support a lifestyle centered on the shore. For owners, Emerald Isle offers both peaceful off-season months and strong summer demand—making it appealing for second-home buyers who also want rental revenue opportunities.

Market Insights

This property sits at a premium segment of the Crystal Coast market: oceanfront townhomes command a pricing and desirability advantage because supply is inherently limited and beachfront lots rarely come to market. The broker list price of $1,395,000 aligns with the listing’s estimated valuation midpoint, and the $681 price-per-square-foot indicates an above-market coastal premium for direct oceanfront exposure and recent capital improvements. Rental performance further strengthens the investment case—documented bookings exceeding $60,000 in 2025 and significant advance bookings in 2026 demonstrate strong demand for turnkey, furnished oceanfront inventory. For buyers seeking a second home that pays part of its holding costs or an investor focused on vacation rentals, this market favors well-maintained, turnkey oceanfront assets. While broader regional conditions can fluctuate seasonally, limited beachfront inventory and demonstrable short-term rental demand make this an opportune moment to consider ownership of an income-producing oceanfront townhouse in Emerald Isle.

Walkability & Recreation

20
Walkability
95
Recreation

Exceptional beachfront recreation—direct ocean access and dune-backed shoreline for swimming, surf fishing, and beachcombing; strong coastal activity with boating and water-sport options along the Crystal Coast.

AI Valuation Estimate

Low

$1339K

Midpoint

$1395K

High

$1451K

$681/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Immediate beach access and Atlantic views
  • Direct beachfront access and ocean-facing decks
  • Ideal location for beach activities, fishing, and water sports

Emerald Isle, on North Carolina’s Crystal Coast, is defined by broad beaches, family-oriented seashore living, and a steady stream of seasonal recreation. The community attracts buyers looking for relaxed coastal days, watersports, and a small-town beach vibe. Local merchants, casual dining, and year-round community events support a lifestyle centered on the shore. For owners, Emerald Isle offers both peaceful off-season months and strong summer demand—making it appealing for second-home buyers who also want rental revenue opportunities.

Market data is based on aggregated public records and may not reflect real-time conditions.

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