Closing Price:
$1,595,000
$1,595,000
980 Lighthouse Drive,
Corolla, NC 27927
6 bd
5 ba
3843 sq ft
MLS #: 124757
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,510,000.00
Closing Date: 7/22/2024
Off Market Date: 5/2/2024
Contract Date: 6/21/2024
Seller Concessions: Yes
Concession Comments: $25,000 for closing costs and repairs.
Total Days on Market:
Cumulative Days on Market: 94
Due Diligence Date: 7/19/2024
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 94
Cumulative Days On Market: 94
Listing Price: $1,595,000
Original Listing Price: $1,650,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/22/2024
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: 3843
Total Living Area Sq Ft: 3843
Asking Price Per SqFt: $415.00
Heated Living Area Sq Ft: 3843
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2001
Garage: Attached,Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Gunite, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s), Wet Bar
Heating: Heat Pump
Room Type: Foyer, Game Room, Utility Room
Flooring: Carpet, Ceramic Tile, Vinyl, Laminate
Construction Materials: Frame, Wood Siding
Legal Description
Section: 7
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1260
Deed Book Page Number: 300
County Pin Number: 115A00000170007
Price Change: 7/21/2024
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.46
Lot Size Dimensions: 100x200
Lot Size Square Feet: 20000
Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $7,932.00
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 1020
Yearly Expense: Estimated
Yearly Elecric Expense: 4727
Yearly Cable Tv Expense: 3955
Contract Status Change Date: 7/22/2024
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Cabana,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
Fuel Tanks: Leased
HOA Contact Name: -
Primary Residence: No
HOA Contact Info: -
Rental Income
Annual Rental Income: 165000
Rental Performance: 0.1093
Owner Rental Income 2024 Amount: 127811
Avertised Income 2024 Amount: 140945
Owner Renatl Income 2023 Amount: 104372
Avertised Income 2023 Amount: 116269
Owner Renatl Income 2022 Amount: 91028
Avertised Income 2021 Amount: 102901
Owner Rental Income 2021 Amount: 89524
Avertised Income 2021 Amount: 101994
Listing Agent Remarks
This charming semi-oceanfront vacation home offers 6 bedrooms, 5.5 bathrooms, and over 3800 square feet of living space. Ideal for the vacation rental investor, this property features ocean and Lighthouse views, a reverse floor plan, 3 en suite bedrooms, handicap accessibility, an elevator, a unique multi-level turret with a screened-in top level, and a private pool and hot tub. On the upper floor, the open, spacious family room features cathedral ceilings, fireplace, and an adjacent sitting area with a dedicated workspace. There are both eastern views of the ocean and western sunset views from oversized windows and glass sliders. From the west side, access to the expansive sundeck overlooking the pool area then leads to the screened gazebo. This screened in area provides a haven for relaxing or entertaining. Inside, the large dining area has access to the eastern sundeck looking out toward the ocean, and leads to the screened gazebo, a perfect spot for al fresco dining. A sleek white kitchen with plenty of granite counter space, breakfast bar, pantry, and views out to the ocean, further enhances the coastal vibe. The 13x15 primary ensuite with ocean views, walk-in closet, and sundeck access, is thoughtfully designed with the first of two ensuite bathrooms equipped with handicap-friendly features. Designed with accessibility in mind, the roll-under vanity offers ample space for wheelchair maneuverability, allowing easy access. Other focal points of both private bathrooms are the tiled, roll-in showers, grab bars for stability, and fold down bench seats allowing for flexibility and ease of use. The upper level is completed by a powder room and the elevator which services all levels of this property. On the mid-level, the elevator opens to a 20x15 den, providing access to a covered deck that leads to the hot tub situated within the turret on this floor. Two guestrooms and a shared hall bath are found on this floor, along with the other en suite bedroom. This 18x12 bedroom features a walk-in closet, covered deck access and handicap friendly features in the private bathroom. On the lower level, you'll find 2 more guestrooms, a full hall bathroom, the laundry area, and the game room. This space features a pool table, granite-topped wet bar, fridge, and provides access to both the carport and a separate utility/storage room, which in turn leads directly to the fenced pool area. The16x32’ pool and covered picnic/grill area create a convenient spot to spend the day poolside. There are additional storage spaces for beach toys and a large outside shower for convenience. Two basketball hoops, a horseshoe pit, and a sand volleyball pit in the front of the home provide further outdoor fun. If it’s the ocean you’re after, the dedicated beach access is only 4 lots away. This well maintained vacation rental offers all a discerning buyer could want- strong investment potential, ocean and Lighthouse views, multiple en suites, handicap accessibility, wrap around connected decking, a unique architectural turret, private pool and more. Experience the beauty of coastal living at its finest while enjoying proximity to the ocean and the dining and attractions of Corolla.
Directions
Ocean Trail north to right onto Bonita, the left onto Lighthouse.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 980 Lighthouse Drive in Corolla is provided
courtesy of Keller Williams - Outer Banks C: 252-207-6588. 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 980 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)