Listing ID113672
Sold For$2,550,000
StatusSold CO OP by Member
Bedrooms18
Total Baths15
Full Baths12
Partial Baths3
SqFt
10,200
Acres
1.960
CountyCurrituck
Year Built1996
Property TypeResidential
Property Sub TypeSingle Family - Detached
You can live the dream in this oceanfront estate. Views of the Atlantic Ocean and the Currituck Sound where the wild horses roam. Perched on a highly elevated corner of Penny's Hill-the second largest sand dune in North Carolina. It is only accessible by four wheel drive vehicles. Penny’s Hill is the ideal destination for those looking to escape. There are no paved roads, no restaurants, gas stations or stores so come prepared! Currently used as an investment by seller, it is primarily rented as an event home(weddings/corporate outings) and rents $367,305/season. Sold fully furnished, its a turnkey investment. Prepared to sleep 36 people, it contains everything needed to host an event. Inside is a large gourmet kitchen, with a huge pantry that has 2 additional refrigerators, 4 ovens, wine cooler, commercial icemaker and steamer, 18 bedrooms, movie theatre, billiard/rec room/bar, laundry room, utility room with water conditioning systems, lots of entertaining spaces, player piano, and 1000sf wedding suite with private deck overlooking the ocean, oversized shower with 9 shower-heads. Outside is a private pool with wet bar, hot tub and poolside cabana, two outside showers, two outside toilets, and a huge 1800 sun deck/dance floor/outside dining area. This area has permanent stakes installed for a 30'x50' tent(not supplied). Well maintained, with recent maintenance to include new fortified roof in May 2020, new HVAC systems and duct work, new hot tub, new pool heater, new decks, new flooring. This property is set up for the new owner to operate for years with little to no maintenance expense.
Area
4-Wheel Drive Area
Status
Sold CO OP by Member
Listing Price
$2,795,000
Asking Price Per SqFt
274.02
Potential Short Sale
no
Bank Owned
no
Primary Residence
no
Ownership
Owned More than 12 Months
Year Built
1996
Pool
In Ground, Outdoor, Private Pool
Flood Zone
Cobra, X
Waterfront Location
Oceanfront
View Description
Ocean, Park Serv/Preserve, Sound
Zoning
R
Rental Cottage Number
4x1487
Rental Turnover Day
Sunday
Owner Rental Income 2018$
288736
Owner Rental Income 2019$
266238
Tax Year
2019
Taxes
6192.07
Year Electric Expense
9829
Year Cable TV Expense
3336
Insurance Expenses
5872
Association Fee
No - Restrictive Covenants May A
Furnishings Available
yes
Interior Features
9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath (Ensuite), Pantry, Walk in Closet, Washer Connection, Wet Bar
Optional Rooms
Foyer, Game Room, Pantry, Home Theater
Appliances
Countertop Range, Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Countertops
Granite
Floor Coverings
Carpet, Ceramic Tile, Plank
Air Conditioning
Central, Heat Pump, Zoned
Heating
Central, Electric, Geo-Thermal, Zoned
Exterior
Vinyl
Construction
Frame, Wood
Roof
Asphalt/Fiber Shingle
Extras
Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Intercom, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Water Filter, Water Softener, Whirlpool/Spa, Tiki Bar, Inside Laundry Room
Foundation
Piling, Slab
Garage
3 + Car
Parking
Off Street, Paved
Pool
yes
Roads
Unpaved
Water
Private, Well
Sewer/Septic
Private Septic
Acres
1.960
Lot Size/Dimensions
90x950
Approximate Lot SqFt
85500
Lot Description
Adj to Park Serv./Preserv, Beach Frontage, Corner, Irregular Terrain, Water Frontage
Lot Faces
E
Listed by: Cooper Hawk from Outer Banks Realty Group .
© 2024 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor Spinnaker Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
© 2024 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor Spinnaker Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Contact - Listing ID 113672
Holleay Parcker
Kitty Hawk, NC 27949
Phone: 252-207-1617
Data services provided by IDX Broker