Welcome to ''Mermaid Crossing!'' What an incredible investment property we have in 1016 E Arctic...this property includes the main house on the E. Arctic side and a separate Duplex on the E. Ashley side. The entire property (including landscaping) was completely re-done. The main home has ocean views, open floor plan, sun-room and large dining/living area...the house has 5 bedrooms and 2 baths. The duplexes have 2 bedrooms each and 1 bath per unit. The income potential on this property is amazing! The beach access is right across the street...after your beach time is over, rinse off in the custom outdoor showers on each property. This property is great inside and out and the location cannot be beat. Grab yourself a piece of Folly...this turn-key business won't last long!
Listing Date: 05-24-2019
Sold Date: 12-18-2020
Aprox Days on Market: 
1 Year(s), 6 month(s), 23 day(s)
Listing Sold: 
3 Year(s), 4 month(s), 9 day(s) ago
Original Asking Price: $1,295,000
Asking Price: $1,295,000
Selling Price: $1,200,000
Price Difference From Original:
Reduced By $95,000
Price Difference From Asking:
Reduced By $95,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 4
Year Built: 1950
Floors: Ceramic Tile, Wood
Rent Control: No
Misc Ext: Deck
Pool Private: No
Style: Traditional
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.24
Lot Size Units: Acres
Acres: 0.24
Lot Sqft: 10454.4
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 1
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 9
Sold Date: 2020-12-18T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 4188
Water Source: Public
Heating: Yes
Heat: Heat Pump
Water Sewer: Septic Tank
Cooling: Yes
Waterfront: No
Courtesy of listing office Applegate Real Estate