Closing Price:
$1,450,000
862 Lighthouse Drive, Corolla, NC 27927
5 bd
5 ba
3833 sq ft
MLS #: 120264
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,400,000.00
Closing Date: 6/26/2023
Off Market Date: 6/2/2023
Contract Date: 6/3/2023
Seller Concessions: Yes
Concession Comments: $50k sales price deduction HVAC, Decks & Misc. SQ ft changed from 4423 to 3833 per Appraisal
Total Days on Market:
Cumulative Days on Market: 252
Due Diligence Date: 6/19/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 252
Cumulative Days On Market: 252
Listing Price: $1,450,000
Original Listing Price: $1,699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/26/2023
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: 3833
Asking Price Per SqFt: $378.00
Heated Living Area Sq Ft: 3833
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 1989
Garage: None
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Concrete, In Ground, Outdoor Pool, Private, Vinyl
Sun Deck Size: 24'x8'
Counter Tops: Granite,Laminate
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Pantry, Sun/Florida Room
Flooring: Carpet, Ceramic Tile, Hardwood, Marble
Construction Materials: Frame, Wood Siding

Legal Description

Section: 12
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club/115A
Deed Book: 253
Deed Book Page Number: 81
County Pin Number: 115A00000200012
Price Change: 6/25/2023
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100x200
Lot Size Square Feet: 20038
Lot Features: Level
Lot Faces: E
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $7,210.00
Home Oner Insurance Expense: 1262
Flood Zone: X
Wind Insurance: 4578
Water Source: Municipal
Yearly Water Expense: 960
Pool Or Spa Expense: 1000
Yearly Expense: Estimated
Yearly Elecric Expense: 4800
Contract Status Change Date: 6/26/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Listing Restrictions: See Broker Notes
Exterior: Shakes,Wood
HashTag of Units: 0
Extras: Ceiling Fan(s),Central Vacuum,Covered Decks,Elevator,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Patio,Smoke Detector(s),Storage Shed,Sun Deck,Water Filter,Water Softener,Dry Entry,Inside Laundry Room
Covered Deck Size: 24'x8'
Fuel Tanks: Leased
HOA Contact Name: Voluntary
Primary Residence: No
Street Frontage : 100
HOA Contact Info: wpoa.org

Rental Income

Annual Rental Income: 187515
Rental Performance: 0.1339

Listing Agent Remarks

Don't miss this remarkable Semi-Oceanfront property in the coveted Whalehead Club subdivision. This well appointed 5 bedroom, 5 and 2 half bath home with elevator offers almost every level of comfort available in it's time with multiple areas to entertain. The reverse floor plan offers copious views of the ocean with its many windows and doors. Tongue and groove Juniper line the vaulted ceiling in the Living Room and the open floor plan reveals large dining area and island offering seating for 12. Top level hardwood floor runs throughout and a fully stocked gourmet kitchen has U-Line Beverage center, 6 Burner JennAir gas cooktop, JennAir warming drawer, JennAir double oven, Sharp Microwave Drawer, Maytag French door refrigerator with dispenser, Asko Dishwasher, Fisher Paykel dishwasher drawer and under counter water filtration. Under counter lighting, pullout storage and wine rack accentuate the custom full overlay cabinets. In addition, there is a surplus of storage under the two islands and large walk-in pantry. The 2 kitchen sinks feature pull-out faucets, soap dispensers, garbage disposal and lots of prep surface area on the granite counters! Enjoy an after dinner soak in the hot tub on the NE deck adjacent to living room and en-suite bedroom. Moving down a level to the Middle, you will find the Foyer, Sitting room and 3 En-Suite Bedrooms. Take a step up to the door leading to the sundeck facing west for spectacular sunset colors and full view of backyard and pool. The Ground level offers a custom tile floor throughout with En-suite bedroom, kitchenette/wet bar, half bath, laundry room with built-in cabinets and LG Front load Washer/Dryer Combo. Sunroom has convenient entrance to private pool and gazebo. All levels have Elevator access, Central vacuum with toe kick vents, Living room/flex areas, walk in storage rooms on westside and reading niches on landings between floors. The home is wrapped in decks facing East, both open and covered to capture the sunrise over Atlantic Ocean. Two large sheds under decks store tools and pool equipment. Although historically used as primary home, the home has wonderful rental projections. With public beach access to North and South, close proximity to Timbuck II shopping center, grocery stores and Currituck Beach Lighthouse, this would be the perfect vacation or second home getaway! Schedule your showing today and make this your home for the holidays!

Directions

Travel North on NC-12 in Corolla, turn right onto Dolphin St. At oceanfront, turn left onto Lighthouse Drive. House will be on 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 862 Lighthouse Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-256-0344. 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 862 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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