Closing Price:
$3,300,000
944 Lighthouse Drive, Corolla, NC 27927
11 bd
11 ba
6050 sq ft
MLS #: 118271
Status: Closed

Sold Details

Status: Closed
Sold Price: $3,200,000.00
Closing Date: 5/16/2022
Contract Date: 4/3/2022
Seller Concessions: Yes
Concession Comments: $1,708.15
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 5/8/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $3,300,000
Original Listing Price: $3,300,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 5/17/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 6050
Asking Price Per SqFt: $545.00
Heated Living Area Sq Ft: 6050
BedroomsTotal: 11
Bathrooms Full: 11
Bathrooms Partial: 2
Year Built: 2018
Garage: 3 + Car
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Ice Maker, Microwave, Refrigerator, Refrigerator w/Ice Maker, Stackable Washer/Dryer, Washer, Wine Cooler, Wall Oven
Roof: Asphalt, Metal
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Custom, Heated Salt, In Ground, Outdoor Pool, Private
Sun Deck Size: yes
Builder Name: Todd Coyle
Counter Tops: Granite,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump, Zoned
Room Type: Game Room, Home Theater, Pantry
Flooring: Ceramic Tile, Engineered Wood
Construction Materials: Frame

Legal Description

Section: 9
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1567
Deed Book Page Number: 24
County Pin Number: 115A00000240009
Price Change: 5/16/2022
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.51
Lot Size Dimensions: 100 x 200
Lot Size Square Feet: 22000
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $12,845.00
Flood Zone: X
Wind Insurance: 9742
Other Expenses 3: 8900
Yearly Water Expense: 3600
Other Yearly Expense: 129
Pool Or Spa Expense: 5397
Yearly Elecric Expense: 5900
Yearly Telephone Expense: 1950
Yearly Cable Tv Expense: 1950
Contract Status Change Date: 5/17/2022
Estimated Annual Fee Amt: $0.00
Sewer: Public Sewer
Septic Fee: 600
Other Expenses 2: 2250
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Composite Siding
Extras: Beach Access,Cabana,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Security System,Smoke Detector(s),Tiki Bar
Covered Deck Size: yes
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 325000
Rental Performance: 0.1016
Owner Renatl Income 2022 Amount: 284515
Owner Rental Income 2021 Amount: 266299

Listing Agent Remarks

This stunning 11 bedroom 11 bathroom home is conveniently located 1 home away from direct beach access. No expense was spared when one of the best builders on the beach ( Todd Coyle) designed and added every upgrade you can imagine to this home - elevator, theatre room,10 bedrooms have ensuites, Italian tile in all the baths, floor to ceiling windows in the living room, 5' wainscotting, and the pool area with heated saltwater pool and kiddie pool, tiki bar, cabana and outside bathroom is to die for - a detailed list of all upgrades is in associated docs. With $279,000 on the books already for this season and the projected $325,000 it could do - this luxurious home is a no brainer.

Directions

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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 944 Lighthouse Drive in Corolla is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-207-4484. 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 944 Lighthouse Drive 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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