• 50 days on site
  • 6 views

Discovery Shores is a 26 unit apartment complex located across from the OS Interpretive Center and the OS Marina (currently not operating) at the South end of Ocean Shores. It is a short distance to the OS Community Club. The owner purchased this property in 2020 and invested over $500,000 in deferred maintenance, unit conversions and upgrades. The South end of OS is experiencing substantial growth led by Oyhut Bay, a walkable community nearby. At some point there will be a new owner developer of the marina and the value of this property will adjust upwards. Tenants can kayak on the freshwater canal system that fronts the property. Buyer could also purchase The Constitution Apt's, listed at $4.8 M. Total for both is $7.95 Million.

Listed by:

Windermere R.E. Ocean Shores

Source: NWMLS, MLS#: NWM2202083

  • Property Type
    ResidentialIncome
  • Lot
    1.28 Acres
  • Price / Sq Ft
    $291

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Bruce Batson
  • Median Age
    62
  • Population Density
    168
  • College Educated
    30%
  • Estimated Median Monthly Income
    $47,399
  • Estimated Total Home Owners
    2,674
  • Estimated Total Renters
    739
  • Owner / Renter Divide
    78% / 22%
  • Estimated Average Household Size
    2
  • Total Population
    6,444
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 1031 Discovery Avenue SE


Schools

1
Ocean Shores Elementary
  • Grades: PK-5
  • Public
1
North Beach Junior High School
  • Grades: 6-8
  • Public
2
North Beach Senior High School
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
2/22/2024Source: NWMLS Added to Database
February 22, 2024
8/4/2022Source: NWMLS Added to Database
June 01, 2021