Closing Price:
$1,175,000
500 Breakers Arch, Corolla, NC 27927
5 bd
3 ba
2306 sq ft
MLS #: 111620
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,139,000.00
Closing Date: 1/12/2021
Contract Date: 10/27/2020
Seller Concessions: Yes
Concession Comments: $5,000.00
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 12/11/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $1,175,000
Original Listing Price: $1,175,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/12/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2306
Asking Price Per SqFt: $510.00
Heated Living Area Sq Ft: 2306
BedroomsTotal: 5
Bathrooms Full: 3
Year Built: 1983
Garage: Carport
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air
Interior Features: Cathedral Ceiling(s)
Heating: Central
Room Type: Loft
Flooring: Carpet, Vinyl
Construction Materials: Frame

Legal Description

Section: A
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1099
Deed Book Page Number: 336
County Pin Number: 126A0000016000A
Price Change: 1/11/2021
Block: None
Road Surface: Paved

Lot Details

Lot Size Acres: 0.69
Lot Size Dimensions: 100x301x106x309
Lot Size Square Feet: 30056
Lot Features: Cul-De-Sac, Waterfront
Lot Faces: 30,056
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $5,788.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 1/12/2021
Estimated Annual Fee Amt: $250.00
Sewer: Septic Tank
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Ceiling Fan(s),Jet Tub,Screened Porch,Sun Deck
HOA Contact Name: Ocean Sands South POA
Primary Residence: No
HOA Contact Info: 252-453-8559

Rental Income

There is no rental income information available

Listing Agent Remarks

Location, location, location! This oceanfront property offers a rare opportunity to own over 30,000 s/f in Ocean Sands South and in an X Flood Zone (no flood insurance required). It has been blessed (and continues to be blessed) with accretion (growth of the dune). Property should accommodate up to 10 bedrooms and pool should a buyer want to to remove existing house and maximize lot. This home is in the highly sought after section of Ocean Sands with the spacious lots, less crowded beaches, and expansive sandy white beaches. It just doesn't get any better than this for a perfect stretch of beach! If you're looking for a modest beach cottage to use now while having the option to maximize into a rental machine or sell as a desirable oceanfront lot later. Home sits far back from the massive vegetated dune line, down a private driveway accessed through a cul-de-sac. One of the few communities in Corolla that offers 30,000 plus of oceanfront property and at the same time the privacy of a cul-de-sac. Feel safe walking your dog or riding bikes with your family without a lot of traffic. Rare find! The main level of this house has a unique kitchen with a circular dining area; a living area, a master bedroom, and 2 bedrooms that share an adjoining bathroom. The upper level has a loft area, the 4th bedroom with a balcony and the 5th bedroom shared bathroom. Visualize the potential! For aerial video copy and paste link below: https://www.youtube.com/watch?v=3yEcgul2GtM and for 3D Tour see virtual tour above.

Directions

N on Hwy 12 to Ocean Way, right on Breakers Arch, all the way to the ocean, home is on the right

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 500 Breakers Arch 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 500 Breakers Arch 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 OR 800-647-1868.
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