Property Description
Welcome to this exquisite oceanfront property that embodies luxurious coastal living and boasts impressive rental income and future expansion opportunities. Positioned on a nearly 35,000 square foot lot with meticulously manicured landscaping, this custom-designed home has recently undergone updates, including newly painted interiors, remodeled bathrooms, new gas fireplace, and new pool heater. Enjoying an X flood zone designation, this property offers the possibility of additional living space within the existing footprint. There is a robust rental history, with over $175,000 in 2024, which could have exceeded $200,000 if not for two prime weeks reserved for owner use. The master suite showcases panoramic ocean views from three sides, creating a serene retreat. The expansive living area features walls of windows, cathedral ceilings, and elegant hardwood floors, ideal for hosting gatherings. The gourmet kitchen is well-appointed with ample prep areas, multiple appliances, and solid surface counters. Multiple decks wrap around the house, seamlessly merging indoor and outdoor living, while the heated, gunite, private pool offers a tranquil oasis with ocean vistas. On the ground level, an outdoor lounge with ping pong and a large flat screen TV enhances the home’s appeal for guests. This property presents a rare opportunity to own a distinctive oceanfront property with both personal enjoyment and exceptional rental income potential, enhanced by recent updates and its favorable flood zone status.
Property Basic Details
Beds |
7 |
House Size |
0.8 |
Price |
$ 2,799,000 |
Area |
Corolla Oceanside |
Unit/Lot # |
Lot 23 |
Furnishings Available |
Yes |
Sale/Rent |
S |
Status |
Active |
Full Baths |
6 |
Partial Bath |
1 |
Year Built |
1992 |
Property Features
Estimated Annual Fee $ |
750 |
Flood Zone |
X |
Water |
Municipal |
Lease Terms |
Variable |
Zoning |
SFO |
Tax Year |
2023 |
Property Taxes |
10103.24 |
HOA Contact Name |
252- 500- 0100 c/o Lynsey |
Exterior Features
Construction |
Frame |
Foundation |
Piling |
Roads |
Paved Private |
Interior Features
Air Conditioning |
Central Air Heat Pump |
Heating |
Central Heat Pump |
Appliances |
Countertop Range Dishwasher Dryer Freezer Microwave Range/Oven Refrigerator w/Ice Maker Washer 2nd Dishwasher |
Interior Features |
Cathedral Ceiling(s) |
Extras |
Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s) |
Floor Plan
Property Type |
Single Family Residence |
Location
City |
Corolla |
Area |
Corolla Oceanside |
County |
Currituck |
Subdivision |
Ocean Hill |
ZIP |
27927 |
Parking
Parking |
Paved Off Street Underground |