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For more information on this property, contact Holleay Parcker at 252-207-1617 or [email protected]

1071 Lighthouse Drive Lot 3
Corolla, North Carolina NC 27927
Sold For: $3,070,000
Listing ID 114028
Status Sold CO OP by Member
Bedrooms 9
Full Baths 8
Total Baths 10
Partial Baths 2
SqFt 6,430
Acres 0.900
Year Built 2006

Property Description:

Great New Price, Great Location, and Investment Return! Incredible oceanfront setting and SOLID NUMBERS! Enjoy the casual coastal feel of this lovely nine bedroom home set on a beautiful, oversized oceanfront homesite with a large protective dune at the northern end of popular Whalehead Beach! Easy walk to Corolla Lighthouse and the historic Whalehead Club and all the fun activities, shops and restaurants. Stellar rental income makes this a great investment and an enjoyable retreat! Over $277,000 in 2021 and projected to hit almost $300K in 2022. Thoughtfully designed and custom built, this spacious family home will comfortably accommodate large or small gatherings and offers many desirable amenities for your relaxed enjoyment. Large picture windows on the top floor living area showcase the beautiful Atlantic Ocean and fill the home with natural light. Watch the surf roll in and the dolphins play. Vaulted ceilings, custom woodwork and a gas fireplace enhance the generous open living room. An elevated ships watch is a great place to capture the gorgeous Corolla sunsets and challenge your mate to a lively game of chess. Lovely granite counters highlight the gourmet chefs kitchen that has lots of work space, a six burner gas range, dual ovens and dishwashers. The center island houses a wine cooler and ice maker and provides additional seating. You may find the adjacent sunroom, with high, tongue and groove wood ceilings and lots of windows to be a favorite cozy spot to enjoy a book or morning coffee. Wake to ocean views in the top level master suite that has a gas fireplace and luxurious bath with a large walk in tiled shower. On the mid level you will find the welcoming main entry hall opens into a generously sized den, providing a comfortable space to enjoy your family's company. Large sliders open to the mid level oceanfront covered deck where you can hide away in quiet. One of the four spacious master suites on this floor is a family suite with a king master and a private nursery. This additional room could also work as an attached office suite or an exercise room. Another master suite is handicap friendly with wide doorways and a roll in shower. Play pool or foosballl with friends in the large ground level recreation room. There is a comfortable seating area and kitchenette, which is convenient to the outdoor pool area. Four large bedrooms and a nice ground level entry complete this level, and an elevator makes for easy access to all three levels. Throughout the home you will notice the custom woodwork, 6 panel solid wood doors, and easy care tiled flooring. Outdoors you’ll enjoy the beautiful landscaping, a lush front lawn perfect for lawn games, and Oceanside sun decks that run the length of the home and provide plenty of room to enjoy the sun and ocean breeze. The 14x30 heated pool and hot tub kick off the back yard and a lighted private walkway takes you to the dune top gazebo, where you can enjoy a beach front seat in the shade!

Essential Information

Area: Corolla Oceanside
Status: Sold CO OP by Member
Listing Price: $3,125,000
Asking Price Per SqFt: 486
Potential Short Sale: no
Bank Owned: no
Primary Residence: no
Ownership: Owned More than 12 Months
Year Built: 2006
Pool: Fiberglass, Heated, In Ground, Outdoor, Private Pool
Flood Zone: VE, X
Builder: David Price North Beach Bldrs
Waterfront Location: Oceanfront
Water Frontage: 100
View Description: Ocean
Zoning: Res

Rental Performance

Rental Cottage Number: 428
Rental Turnover Day: Friday

Tax Information

Tax Year: 2020
Taxes: 11341

Expense Information

Yearly Expense Actual/Estimated: Actual
Year Electric Expense: 7677
Year Cable TV Expense: 1440
Year Telephone Expense: 1200
Year Water Expense: 240
Pool/Spa Expense: 5000
Maintenance Expenses: 5000
Insurance Expenses: 7998
Association Fee: Voluntary - Restrictive Covenant
Furnishings Available: yes
Bill of Sale Amount: 1
Bill of Sale Included in Price: yes

HOA Information

Estimated Annual Fee: 45
Association Amenities: Ocean Access

Interior Features

Interior Features: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath (Ensuite), Walk in Closet, Washer Connection, 1st Flr Master (Ensuite)
Optional Rooms: Foyer, Game Room, Shipswatch, Sun/Florida Room
Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Floor Coverings: Carpet, Tile
Air Conditioning: Central, Heat Pump, Zoned
Heating: Central, Heat Pump, Zoned

Exterior Features

Exterior: Cement Fiber Board
Construction: Frame
Roof: Asphalt/Fiber Shingle
Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
Foundation: Piling
Parking: Off Street, Paved
Pool: yes
Roads: Paved, Public
Water: Municipal
Sewer/Septic: Private Sewer

Lot Information

Acres: 0.900
Approximate Lot SqFt: 39147
Lot Description: Beach Frontage, Water Frontage
Street Frontage: 100

School Information

Zoning Info


Listing courtesy of Lauren Nelson from Keller Williams - Outer Banks
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Contact - Listing ID 114028

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Holleay Parcker

Kitty Hawk, NC 27949
Phone: 252-207-1617

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