Closing Price:
$995,000
$995,000
468 Pipsis Point Road,
Corolla, NC 27927
5 bd
4 ba
3374 sq ft
MLS #: 111561
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,000,000.00
Closing Date: 11/25/2020
Contract Date: 10/24/2020
Seller Concessions: Yes
Concession Comments: $4,119.81
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 11/14/2020
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $995,000
Original Listing Price: $995,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/28/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3374
Asking Price Per SqFt: $295.00
Heated Living Area Sq Ft: 3374
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1995
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Association, In Ground, Outdoor Pool, Private
Counter Tops: Quartz
Cooling: Central Air, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Zoned
Room Type: Game Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Deed Book: 489
Deed Book Page Number: 363
County Pin Number: 127C00000130000
Price Change: 11/27/2020
Road Surface: Paved, Private
Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Lot Size Acres: 0.46
Lot Size Dimensions: 91x172x97x210
Lot Size Square Feet: 20000
Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean, Park/Greenbelt
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $4,593.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 11/28/2020
Estimated Annual Fee Amt: $2,992.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Attic Fan,Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Smoke Detector(s),Sun Deck
HOA Contact Name: Seaside Management
Primary Residence: No
Street Frontage : 91
HOA Contact Info: 252.261.1200
Rental Income
Annual Rental Income: 90900
Rental Performance: 0.0909
Owner Rental Income 2021 Amount: 18731
Avertised Income 2021 Amount: 21761
Listing Agent Remarks
Located in the highly coveted Pine Island community, this stunning semi-oceanfront home has tremendous ocean views, on-trend renovated kitchen and baths, and just across the street from the community beach access. The owner has kept the home well maintained and a solid income producer with $70,110 for 2020, and already $21,761 booked for the 2021 season. The new owner could improve numbers by allowing pets or opening up the entire calendar. The living is easy in this impressive 5 bedroom, 3 are master suites, and all have a private deck access. The top level features an open concept with a chef's kitchen, great room, screen porch, ship's watch and ensuite bedroom with private bath. The kitchen offers sparkling Quartz countertops, fresh white tile backsplash, eat-in bar with plenty of storage and ocean views. The great room boasts cathedral ceilings, gas fireplace, hardwood floors, custom built-in shelving, wrap around sun deck, screen porch, and enjoy some of the best views in the house from the cozy ship's watch. Also on this level is the spacious master suite with 2 private deck accesses (east and west decks), and an ensuite bath featuring custom tile shower, newer his and her vanity with updated lighting. The mid-level offers 4 bedrooms, 2 are master suites also with updated tile shower and vanities, plus private deck access. The other 2 bedrooms share a full hall bath, and again, have their own private deck access. There's always some place to escape in this sprawling beach home. The ground level has utility room and game room with sleeper sofa and pool table. This home has plenty of owner storage inside and out. Pine Island Community amenities include; a Beach Club, neighborhood pools, playgrounds, tennis courts, bike paths and walking trails. Upgrades include; installed Hardiplank siding in 2007, New roof 2012, 2015 replaced all mattresses, installed hardwood floors in top level and HVAC in 2016, Kitchen Remodel 2017, and in 2019 the complete exterior was painted, all full bathrooms were remodeled. Oct. 2020, 2nd HVAC unit replaced!
Directions
East on Black Pine, Left on N Cove, left on Pipsi Point, and the house is 2nd home on the left. Just across from beach access.Official MLS Disclaimer
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. This property located at 468 Pipsis Point Road in Corolla is provided
courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
information is provided by Shore Realty of the OBX exclusively 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. If this page disappears from this site it
means the property at 468 Pipsis Point Road in Corolla is no longer available for sale. If you are interested in this property
or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
252-441-3416
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