Ritz Palm

Ritz Palm

Property Just Sold! No Longer Available.

This Grande Estate on the Outer Banks is the height & breadth of OCEANFRONT GRANDEUR. Gracious Mediterranean design has panoramic views of the ocean and the sound. The Ritz Palm is exquisitely appointed with Old World elegance and quality craftsmanship throughout.

Property Features

  • Outer Banks Oceanfront/Soundfront Real Estate
  • 223 Hicks Bay Lane
  • Pine Island, Corolla, North Carolina
  • 9 BR, 10 Full BA, 3 Half BA
  • Pool w/ Swim-Up Bar, Lane Pool House & Theatre Room.
  • 7,409 square feet
  • 2008 Actual Rental Income = $324,866
  • 2009 Gross Rental Income: $327,737
  • Dramatically Reduced OVER $1,900,000!
  • Tax value = $5,634,025!
  • Originally Offered For: $7,400,000
  • Currently Listed For: $5,500,000*
  • This Home Is The BEST VALUE For An Oceanfront Home! Unquestionably the nicest oceanfront home on the Outer Banks at an unbelievable price.
  • *Price for this home includes a 2.5% Real Estate Commission Fee and 1.2% Land Transfer tax. Buyer is responsible for any additional taxes / fees.

For All Sales Inquiries, Please Call 252-441-0811

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