Closing Price:
$485,000
1017 Ocean Trail, Corolla, NC 27927
2 bd
2 ba
787 sq ft
MLS #: 124215
Status: Closed

Sold Details

Status: Closed
Sold Price: $480,000.00
Closing Date: 5/1/2024
Contract Date: 2/26/2024
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 61

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 61
Cumulative Days On Market: 61
Listing Price: $485,000
Original Listing Price: $485,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/3/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 787
Total Living Area Sq Ft: 787
Asking Price Per SqFt: $616.00
Heated Living Area Sq Ft: 787
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 2020
Architectural Style: Coastal
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Slab
Pool: Yes
Pool Type: Association
Pool Features: Association, In Ground, Outdoor Pool
Counter Tops: Quartz
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Heat Pump
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Beacon Quarters
Deed Book: 1560
Deed Book Page Number: 587
County Pin Number: 115J000002B0000
Price Change: 5/2/2024
Road Surface: Paved, Private
Association Amenities: Common Area, Outdoor-Comm. Pool

Lot Details

Lot Features: Zero Lot Line
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $1,868.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 5/3/2024
Estimated Annual Fee Amt: $6,960.00
Sewer: Public Sewer
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Storage Shed
Fuel Tanks: None
HOA Contact Name: Association Consultants
Primary Residence: No
HOA Contact Info: (252) 500-0100

Rental Income

There is no rental income information available

Listing Agent Remarks

Welcome to your coastal retreat! This stunning property at 1017 Ocean Trail boasts not only an exceptional location but also an incredible income-generating potential. There is another home in this community with 2023 Airbnb rentals of $64,277! Situated in the heart of Corolla, this two bedroom, two bathroom like new condo offers an outstanding blend of comfort, convenience, and style. Newly built in 2020 and still shows like BRAND NEW!! Meticulously maintained and beautifully furnished with high end finishes throughout. One level living with a very open and spacious feel...and no stairs! Additional special features of this condo include: Rental Income Opportunity: This property stands as an excellent investment opportunity! There is another home in this community with 2023 Airbnb rentals of $64,277! Ideal for investors seeking a lucrative return or homeowners desiring a property that practically pays for itself. Custom Privacy Fence: Recently added, a meticulously crafted custom privacy fence ensures seclusion and creates an intimate outdoor space perfect for relaxation and entertainment. Custom Patio: Enjoy the coastal breeze and sunshine on your newly designed custom patio, offering ample space for outdoor dining, gatherings, or simply lounging in the beautiful North Carolina weather. Spacious Custom Closet: Experience the convenience of a thoughtfully designed custom closet, providing ample storage space and organization for your belongings. Ideally located with a short walk to the beach AND near the local shops, charming eateries, and scenic attractions of historic Corolla including the Whalehead Club, Currituck Beach Lighthouse, Historic Corolla Park and more. Plus, you'll be just moments away from Corolla's pristine beaches to the east, and the incredible wildlife of the picturesque Currituck Sound to the west. Whether you're seeking a year-round vacation haven, or a income generating rental property, 1017 Ocean Trail is coastal living at its finest with a unique blend of prime location, modern amenities and comfort.

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 1017 Ocean Trail in Corolla is provided courtesy of Landmark Sotheby's International Realty . 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 1017 Ocean Trail 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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