Closing Price:
$2,265,000
961 Lighthouse Drive, Corolla, NC 27927
5 bd
4 ba
3920 sq ft
MLS #: 124260
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,240,000.00
Closing Date: 7/23/2024
Off Market Date: 5/6/2024
Contract Date: 6/5/2024
Seller Concessions: Yes
Concession Comments: Seller reduced contract price $10K, from $2,250,000 in lieu of minor Home Inspection findings
Total Days on Market:
Cumulative Days on Market: 126
Due Diligence Date: 7/15/2024

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 126
Cumulative Days On Market: 126
Listing Price: $2,265,000
Original Listing Price: $2,350,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 7/23/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3920
Total Living Area Sq Ft: 3920
Asking Price Per SqFt: $578.00
Heated Living Area Sq Ft: 3920
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 2
Year Built: 1992
Garage: 1 Car,Detached
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Wood
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Silestone
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 8
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1099
Deed Book Page Number: 153
County Pin Number: 115A00000080008
Price Change: 7/22/2024
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $10,877.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 7/23/2024
Estimated Annual Fee Amt: $60.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Tiki Bar
Fuel Tanks: Leased
HOA Contact Name: voluntary HOA
Primary Residence: No
HOA Contact Info: wpoa.org

Rental Income

Annual Rental Income: 235151
Rental Performance: 0.105
Owner Rental Income 2024 Amount: 114495
Avertised Income 2024 Amount: 123895
Owner Renatl Income 2023 Amount: 99060
Avertised Income 2023 Amount: 106485
Owner Renatl Income 2022 Amount: 99060
Avertised Income 2021 Amount: 106485

Listing Agent Remarks

Oceanfront living is the best here in this one-of-a-kind home. It is distinctive from the moment it greets you with its shingled siding, shingled roof and white picket fence front yard. Built in 1992 with an addition and remodeling completed in 2005, it offers the intimacy of a cottage, yet set within a sprawling amount of space. Breakers View has been gently used by numerous repeat renters and as a winter home for the sellers over the years. All available weeks are rented!! Meticulous detailing and care by the owner/builder. Enter into the mid level to the the beautiful and window-lined living area with hardwood flooring and a gas fireplace. This leads into the thoughtfully designed kitchen with ocean view, a generous amount of counter space and is extremely well equipped has lovely wood cabinets, 3 sinks and 2 dishwashers. The kitchen leads to the splendid dining room with custom table seating for 14 and offers ocean views. The main bedroom with en suite is located on this level as well. Off the kitchen is the screened porch, which leads to sun deck, beach and pool. The top level consists of 3 large bedrooms and 2 full baths. All bedrooms are large, but one is massive and perfect for a young family. The ground level has luxury vinyl tile throughout. There is one bedroom here with 4 single beds and en suite bathroom and there is a den as well. Outside you will find a covered & shuttered (a nod to the old Nags Head Casino) get-a-way lounge area, half bath and hot tub space for welcome break from the sun or continued enjoyment rain or shine. The pool area is large with ample lounging space. A very private location & beach, in middle of block away from public walkways and luckily situated by 2 non-rentals to its South! Truly a must-see & special home! A full garage is a bonus. Owners have limited rentals to high season and offer at a low rate to their loyal guests - see rental projection for its likely possibility.

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 961 Lighthouse Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-2173. 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 961 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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