Closing Price:
$2,950,000
$2,950,000
1077 Lighthouse Drive,
Corolla, NC 27927
6 bd
7 ba
5751 sq ft
MLS #: 121695
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,700,000.00
Closing Date: 6/28/2023
Contract Date: 5/18/2023
Seller Concessions: Yes
Concession Comments: $7,500 credit to buyer
Total Days on Market:
Cumulative Days on Market: 64
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 64
Cumulative Days On Market: 64
Listing Price: $2,950,000
Original Listing Price: $3,400,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/29/2023
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: 5751
Asking Price Per SqFt: $513.00
Heated Living Area Sq Ft: 5751
BedroomsTotal: 6
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 2005
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Gunite, Indoor, Private
Counter Tops: Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room, Office
Flooring: Carpet, Hardwood, Tile
Construction Materials: Frame, Wood Siding
Legal Description
Section: 3
County: Currituck
Subdivision: Whalehead Club
Deed Book: 816
Deed Book Page Number: 358
County Pin Number: 115A00000120003
Price Change: 6/28/2023
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.8
Lot Size Dimensions: 100X350
Lot Size Square Feet: 35000
Lot Features: Beach Frontage, Waterfront
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $13,222.00
Home Oner Insurance Expense: 2558
Flood Zone: X
Flood Insurance Expense: 797
Wind Insurance: 10177
Other Insurance: 345
Water Source: Municipal
Yearly Water Expense: 2871
Other Yearly Expense: 495
Pool Or Spa Expense: 3124
Yearly Expense: Actual
Yearly Elecric Expense: 4144
Yearly Telephone Expense: 900
Yearly Cable Tv Expense: 1005
Contract Status Change Date: 6/29/2023
Estimated Annual Fee Amt: $0.00
Sewer: Non Conventional Septic
Septic Fee: 600
Other Expenses 2: 3056
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Common Laundry Area,Hot Tub,Landscaped,Lawn Sprinklers,Outside Shower,Patio,Screened Porch,Sun Deck
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 100
HOA Contact Info: N/A
Rental Income
Annual Rental Income: 309445
Rental Performance: 0.1146
Owner Renatl Income 2023 Amount: 127897
Avertised Income 2023 Amount: 133297
Owner Renatl Income 2022 Amount: 181866
Avertised Income 2021 Amount: 189722
Owner Rental Income 2021 Amount: 170385
Avertised Income 2021 Amount: 182635
Listing Agent Remarks
AN OUTER BANKS GEM WITH SIX BEDROOMS/SEVEN FULL BATHROOMS/TWO HALF BATHS….SITTING ON A 100’ WIDE HOMESITE! BREATH TAKING OCEAN PANORAMA VIEWS FROM JUST ABOUT EVERY ROOM! This home “OCEAN COMMOTION” has the perfect combination of style and fun and offers THE PERFECT PRIVATE ESTATE SETTING FOR RETURN ON YOUR MONEY with a large pool deck with tiki bar, beach walkway over a high wide dune, and a huge recreation room with lots to do. This wonderful oceanfront home has a super wide and uncrowded beach for your relaxation. RECENT UPGRADES INCLUDED 15’ X 30’ CONCRETE POOL AND COMPOSITE DECKING. The private pool with cabana is situated perfectly to enjoy views, cool breezes and salty air while taking a dip, also includes half bath, dune top deck and private walkway to the beach and you can sip your favorite beverage pool side at the tiki bar with mini fridge and sink. This home will not disappoint! Inside you'll find two queen en-suites bedrooms with deck access directly to the pool deck area, bedroom with two queens and deck access directly to the pool area, theater room with wet bar and theater seating, and laundry room with washer, dryer and full size refrigerator. Beautiful ocean views from the entire mid-level! LARGE WOW! OPEN GAME ROOM WITH POOL TABLE, SHUFFLE BOARD, AIR HOCKEY TABLE, BIG-SCREEN TV/DVD WITH SURROUND SOUND, COUCHES, WET BAR WITH MINI FRIDGE, ICE MAKER AND SINK, GAME TABLE, DECK ACCESS, TWO ADDITIONAL TVS AND A HALF BATHROOM. Two queen en-suites bedroom with deck access. The top floor you will discover more gorgeous ocean views from the entire top level. Large great room with open floor plan for family and friends to gather and make memories, GAS FIREPLACE WITH CIRCA 1860'S MANTLE, DECK ACCESS, CUSTOM DINING TABLE MADE FROM SWEDISH EMBASSY WINDOW IN DC, kitchen with two dishwashers, stainless appliances and a breakfast bar, bar area with wine fridge and beverage fridge, dining room with deck access to the screened porch, master bedroom with deck access to the hot tub deck, bedroom/office and desk area and a full hall bathroom. Sonos multi zone music system throughout the house and including four outside zones. It’s a complete vacation rental package. Brand new top floor composite sun deck, exterior paint job and pool fence with smart siding...like new exterior! Ready for your enjoyment!
Directions
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