Closing Price:
$1,925,000
709 Spinnaker Arch, Corolla, NC 27927
6 bd
5 ba
3196 sq ft
MLS #: 117846
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,925,000.00
Closing Date: 4/21/2022
Contract Date: 3/11/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 8
Due Diligence Date: 4/8/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 8
Cumulative Days On Market: 8
Listing Price: $1,925,000
Original Listing Price: $1,925,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/3/2022
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3196
Asking Price Per SqFt: $602.00
Heated Living Area Sq Ft: 3196
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 1998
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Plank, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: Q
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1436
Deed Book Page Number: 148
County Pin Number: 126A0000067000Q
Price Change: 4/20/2022
Block: -
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.14
Lot Size Dimensions: 55x110
Lot Size Square Feet: 6050
Lot Features: Beach Frontage, Level
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $8,194.00
Home Oner Insurance Expense: 967
Flood Zone: X
Wind Insurance: 4244
Water Source: Municipal
Yearly Water Expense: 4173
Pool Or Spa Expense: 3665
Yearly Expense: Actual
Yearly Elecric Expense: 4094
Yearly Cable Tv Expense: 2160
Contract Status Change Date: 4/21/2022
Estimated Annual Fee Amt: $900.00
Sewer: Shared Septic
Association Fee Includes: Road Maintenance
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Tiki Bar,Dry Entry
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: 252-441-8857

Rental Income

Annual Rental Income: 156557
Rental Performance: 0.0813
Owner Renatl Income 2022 Amount: 147632
Avertised Income 2021 Amount: 156557
Owner Rental Income 2021 Amount: 128441
Avertised Income 2021 Amount: 138794

Listing Agent Remarks

This impressive oceanfront vacation home in Ocean Sands section Q offers incredible ocean views from two levels, 6 bedrooms, 5 full bathrooms, 2 half baths, an open floor plan, game room, multiple decks, pool & hot tub with Tiki bar, and much more. The pride of ownership shows in this well-maintained home. The upper-level features breathtaking ocean views from the large open family room, dining area, and kitchen. Hardwood floors, cathedral ceiling, and a wall of ocean view windows provide the perfect frame to the picturesque ocean vista. A large, freshly stained sun deck spans the upper level, overlooking the pool area and the wide expanse of the Atlantic. Cooking for a crowd is easy in the spacious kitchen complete with tons of counter space and cabinet storage, along with 2 dishwashers and stainless appliances which include a separate ice maker at the breakfast bar. A primary en Suite with new LVT flooring and a custom tiled shower is also located on this level, as well as a convenient powder bath. The mid-level also has new LVT flooring and another 4 bedrooms- two of which are en Suite, and two guest rooms that share a Jack 'n Jill full bathroom. The seaside bedrooms have captivating ocean views and access to the (freshly stained) wide covered deck. On the ground level, you will find a large game room/ den area with wet bar, pool/ping pong table, convenient half bath, laundry, and the final spacious en Suite bedroom with new LVT flooring. Rounding out this pristine home is the fantastic outdoor space. Perfect for poolside entertaining, you will find a Tiki bar with beverage fridge, hot tub, heated 13x31’ pool, and plenty of room to spread out and soak up the Carolina rays. The path to the boardwalk provides direct access to the life-guarded beach. This attractive, well-laid-out vacation home is a favorite with guests and has what the discerning buyer is looking for:? consistent rental income, turn-key condition, X flood zone, proximity to shops and attractions, and those awesome ocean views from not one, but two floors!

Directions

Ocean Trail north to right onto Driftwood Way, left to stay on Spinnaker Arch. 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 709 Spinnaker Arch in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-207-6588. 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 709 Spinnaker 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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