Closing Price:
$4,999,999
$4,999,999
197 Hicks Bay Lane,
Corolla, NC 27927
10 bd
10 ba
7144 sq ft
MLS #: 117482
Status: Closed
Sold Details
Status: Closed
Sold Price: $5,000,000.00
Closing Date: 3/11/2022
Contract Date: 2/3/2022
Seller Concessions: Yes
Concession Comments: $15,920 credit to buyers for inspection items.
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 2/24/2022
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $4,999,999
Original Listing Price: $4,999,999
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 3/11/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 7144
Asking Price Per SqFt: $700.00
Heated Living Area Sq Ft: 7144
BedroomsTotal: 10
Bathrooms Full: 10
Bathrooms Partial: 2
Year Built: 2014
Garage: 2 Car,Attached
Architectural Style: Reverse Floor Plan, Craftsman, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Concrete, Association, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Breakfast Nook, Foyer, Game Room, Home Theater, Loft, Pantry, Utility Room
Flooring: Carpet, Hardwood, Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1526
Deed Book Page Number: 302
County Pin Number: 127C00002220000
Price Change: 3/10/2022
Road Surface: Paved, Private
Association Amenities: Clubhouse, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
Lot Details
Lot Features: Beach Frontage, Cul-De-Sac, Level, Waterfront
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $15,723.00
Water Source: Municipal
Contract Status Change Date: 3/11/2022
Estimated Annual Fee Amt: $3,337.00
Sewer: Public Sewer
Association Fee Includes: Management, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Security System,Smoke Detector(s),Sun Deck,Dry Entry
HOA Contact Name: Diane Kern
Primary Residence: No
HOA Contact Info: 252-261-1200
Rental Income
Annual Rental Income: 453155
Rental Performance: 0.0906
Owner Rental Income 2021 Amount: 399894
Avertised Income 2021 Amount: 431835
Listing Agent Remarks
Absolutely breathtaking oceanfront property, located in one of the premiere "ocean to sound" sections of Pine Island, with sweeping views in every direction! This home is in excellent condition and has every amenity you could ever want or need! With ten spacious bedrooms, all with private bathrooms, and large common areas throughout, everyone can enjoy their privacy in this luxurious, comfortable, and well-appointed property. From the moment you walk through the front door, you will feel the quality and appreciate the careful thought put into this beautifully designed home. Top-quality construction, high-end furniture, and décor, all with long-lasting, low maintenance in mind. You will LOVE the top floor, with views in every direction! Watch the sunrise over the ocean and the sunset over the sound with amazing, unobstructed views. The living area is very spacious and offers plenty of seating for large groups, a fireplace for those cool nights at the beach, a stunning custom chandelier over the large dining table, and a huge gourmet kitchen complete with a second dining/seating area and a screened porch for dining al fresco. Kitchen has a large bar with seating, granite countertops, stainless appliances, six-burner gas stove, wine cooler, and beautiful fixtures. There are three large master bedrooms on the top floor, all with amazing views and very well-appointed. There is even a raised sitting area off the living area so you can take in the views from a great vantage point while enjoying your coffee or afternoon cocktail. Mid floor game room with large pool table, wet bar, fireplace, and TV. Full game room with arcade games, card table, air hockey, shuffleboard, and bar with fridge and icemaker on the ground floor, as well as a large 15 seat theater room complete with tons of movies, perfect for a rainy day! The expansive stamped concrete pool deck area is perfect for soaking up the sun in the loungers and there is a large hot tub in the covered area, and the yard is beautifully landscaped too. Plenty of decking, both covered and sun, so you can sit outside and watch the dolphins go by and enjoy the warm salty breezes in one of the many seating areas. Tesla charging station, elevator, surround sound audio, screened porch, two-car garage, security system, lots of storage, outdoor bathroom off pool area (not counted in half bathroom total), and SO much more! Excellent investment property with a super strong rental history. Brand new, complete HVAC system! You must see this stunningly beautiful home in person, but be sure to check out the virtual tour by clicking the link or cut/paste into your browser...https://my.matterport.com/show/?m=ANRD5GLHKoU
Directions
Heading north on Rt 12 from Duck. Turn right onto Ogein Dr. Turn right on Hicks Bay Ln and the house will be on the left.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 197 Hicks Bay Lane in Corolla is provided
courtesy of Twiddy and Co. - Duck C: 252-202-3409. 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 197 Hicks Bay Lane 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
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