Asking Price:
$3,489,000
$3,489,000
475 Land Fall Court,
Corolla, NC 27927
8 bd
7 ba
7443 sq ft
MLS #: 124656
Status: Active
Listing Information
Area: Corolla Oceanside
Mls Status: Active
Cumulative Days On Market: 257
Listing Price: $3,489,000
Original Listing Price: $3,999,999
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/25/2024
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: 7443
Total Living Area Sq Ft: 7443
Asking Price Per SqFt: $469.00
Heated Living Area Sq Ft: 7443
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 1998
Garage: 2 Car
Architectural Style: Victorian
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Refrigerator w/Ice Maker, Stackable Washer/Dryer, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Gunite, In Ground, Outdoor Pool, Private
Counter Tops: Corian
Cooling: Heat Pump, Zoned
Interior Features: Walk-In Closet(s)
Heating: Heat Pump, Zoned
Room Type: Breakfast Nook, Foyer, Game Room, Home Theater, Library, Loft
Flooring: Carpet, Ceramic Tile, Hardwood, Marble
Construction Materials: Frame
Legal Description
County: Currituck
Subdivision: Spindrift
Subdivision Name: Spindrift
Deed Book: 1666
Deed Book Page Number: 860
County Pin Number: 12700000160000
Price Change: 10/24/2024
Road Surface: Private
Association Amenities: Common Area, Gated
Lot Details
Land Tax Value: 950000
Total Assessed Value: 1981100
Lot Size Acres: 0.9
Lot Size Dimensions: 125.5 by 331
Lot Size Square Feet: 39000
Lot Features: Waterfront
Lot Faces: East
Water Frontage: 125
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $13,053.00
Home Oner Insurance Expense: 15534
Flood Zone: VE
Flood Insurance Expense: 1169
Wind Insurance: 4474
Water Source: Municipal
Yearly Water Expense: 1576
Pool Or Spa Expense: 5759
Yearly Elecric Expense: 6140
Yearly Cable Tv Expense: 1043
Contract Status Change Date: 4/25/2024
Estimated Annual Fee Amt: $950.00
Sewer: Non Conventional Septic
Septic Fee: 1510
Association Fee Includes: Electricity, Road Maintenance
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 10
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Elevator,Garage Door Opener,Hot Tub,Jet Tub,Storage Shed,Sun Deck,Dry Entry
Fuel Tanks: Leased
HOA Contact Name: Amy Cherry
Primary Residence: No
Street Frontage : 125
HOA Contact Info: amycherry@cox.net
Rental Income
Annual Rental Income: 352831
Rental Performance: 0.1011
Owner Rental Income 2024 Amount: 268765
Avertised Income 2024 Amount: 279790
Owner Renatl Income 2023 Amount: 209680
Avertised Income 2023 Amount: 219180
Owner Renatl Income 2022 Amount: 212330
Avertised Income 2021 Amount: 224330
Listing Agent Remarks
Million $ Makeover!
Well, almost a million! This stately home is practically new inside and out and it shows! You really won’t recognize it if previously viewed. You must come see it and bring your preferred buyer/s. From entirely new Hardie Board siding to new furnishings and new vinyl railings and everything else in between this home just sparkles and welcomes everyone entering. The extensive list of upgrades, repairs, renovations is in Associated Docs or by request. The grand entry is just the beginning of the WOW you will enjoy as you walk through or, the elevator awaits to take you to each level. The homesite is elevated to capture ocean views on each level and what a multi-million dollar view it is! Owners have done it all for you and this home is virtually maintenance free for many years. For example, all four AC systems replaced, exterior and interior painting done, new decking and stairs, all lavatories replaced, new bedding, many appliances replaced and upgraded, and a newly added theatre room…the list goes on and on. Plenty of gathering and get-away spaces in the recreation room, library, theatre rom, ships watch, two dining rooms, large bar area, spacious main living areas and unusually large bedrooms plus two desk areas for work from home folks. Tenants LOVE Voulez-Vous, prounced “voo-lay- voo”, French for “Do You Want?” Consistently booked solid every year. This 7,443 sq. ft. majestic home is in the private gated community of Spindrift and will stand far above other comparable properties. Come, see, sell. YES, YOU WILL WANT!!!!
Directions
Route 12 north to Spindrift (just north of Pine Island. Turn right, pass the gate code and continue to the ocean; turn right onto Land Fall Court to 475 on the 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 475 Land Fall Court in Corolla is provided
courtesy of Outer Banks Realty Group . Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 475 Land Fall Court 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
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