Closing Price:
$2,500,000
$2,500,000
860 Whalehead Drive,
Corolla, NC 27927
10 bd
10 ba
4660 sq ft
MLS #: 123588
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,425,000.00
Closing Date: 4/19/2024
Contract Date: 3/19/2024
Seller Concessions: Yes
Concession Comments: $7,716 seller credit
Total Days on Market:
Cumulative Days on Market: 166
Due Diligence Date: 4/4/2024
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 166
Cumulative Days On Market: 166
Listing Price: $2,500,000
Original Listing Price: $2,500,000
Short Sale: No
Price Date: 4/19/2024
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: 4660
Asking Price Per SqFt: $536.00
Heated Living Area Sq Ft: 4660
BedroomsTotal: 10
Bathrooms Full: 10
Bathrooms Partial: 2
Year Built: 2020
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Stackable Washer/Dryer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Custom, Gunite, Heated, Private
Builder Name: SAGA
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Game Room, Media Room, Pantry
Flooring: Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1503
Deed Book Page Number: 926
County Pin Number: 115A00000430012
Price Change: 4/18/2024
Road Surface: Public
Lot Details
Lot Size Acres: 0.46
Lot Size Dimensions: 100 x 200
Lot Size Square Feet: 20038
Lot Features: Level
Lot Faces: E
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $7,259.00
Home Oner Insurance Expense: 10252
Flood Zone: X
Flood Insurance Expense: 912
Other Insurance: 1045
Other Expenses 3: 100
Water Source: Municipal
Yearly Water Expense: 2333
Other Yearly Expense: 425
Pool Or Spa Expense: 4110
Yearly Expense: Actual
Yearly Elecric Expense: 5240
Yearly Cable Tv Expense: 3829
Contract Status Change Date: 4/19/2024
Estimated Annual Fee Amt: $45.00
Sewer: Septic Tank
Maintenance Expense: 19366
Other Expenses 2: 240
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Composite Siding
HashTag of Units: 0
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Storage Shed,Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: https://wpoa.org/
Primary Residence: No
Street Frontage : 100
HOA Contact Info: https://wpoa.org/
Rental Income
Annual Rental Income: 271550
Rental Performance: 0.112
Owner Rental Income 2024 Amount: 165970
Avertised Income 2024 Amount: 175420
Owner Renatl Income 2023 Amount: 222940
Avertised Income 2023 Amount: 236440
Owner Renatl Income 2022 Amount: 191960
Avertised Income 2021 Amount: 204960
Owner Rental Income 2021 Amount: 201373
Avertised Income 2021 Amount: 215873
Listing Agent Remarks
Nestled in the picturesque Whalehead community, this exquisite 10-bedroom home, completed in 2020, offers a harmonious blend of luxury and coastal living. Step inside and be greeted by a modern marvel with ocean views. A private elevator ensures easy access to every level of this sprawling coastal retreat, making it accessible for all. Entertainment takes center stage with a dedicated media room, perfect for family movie nights or watching your favorite sport. Your guests will be delighted by the spacious en suite bedrooms, ensuring comfort and privacy for all. The outdoor oasis is a true paradise boasting a concrete heated pool invites year-round relaxation, while the composite siding and Trex decking ensure durability and low maintenance. This home is in an X flood zone with no flood insurance required. This rental company provides an EV charger perfect for those with electric cars. Savor sunsets on the deck or take a short stroll to the beach for a dip in the Atlantic. Situated close to the iconic Corolla Lighthouse, you're also just moments away from shopping, restaurants, and the allure of the wild horses that roam freely in Carova just minutes away. This beach house is a lucrative investment opportunity, with incredible rental income!
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