Asking Price:
$2,799,000
1008 Lighthouse Drive, Corolla, NC 27927
12 bd
10 ba
5103 sq ft
MLS #: 125772
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Cumulative Days On Market: 168
Listing Price: $2,799,000
Original Listing Price: $2,799,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/21/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5103
Total Living Area Sq Ft: 5103
Asking Price Per SqFt: $549.00
Heated Living Area Sq Ft: 5103
BedroomsTotal: 12
Bathrooms Full: 10
Bathrooms Partial: 1
Year Built: 1997
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Quartz
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Central, Electric, Heat Pump
Room Type: Media Room
Flooring: Carpet, Tile
Construction Materials: Wood Siding

Legal Description

Section: 6
Phase: NA
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1703
Deed Book Page Number: 187
County Pin Number: 115A00000170006
Price Change: 5/20/2024
Block: NA
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Lot Size Dimensions: 20000
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $8,410.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 5/21/2024
Estimated Annual Fee Amt: $55.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Shower,Sun Deck,Whirlpool/Spa,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Whalehead Club (Voluntary)
Primary Residence: No
HOA Contact Info: www.wpoa.org

Rental Income

Annual Rental Income: 310000
Rental Performance: 0.1108
Avertised Income 2024 Amount: 164652
Avertised Income 2023 Amount: 263257
Avertised Income 2021 Amount: 225638

Listing Agent Remarks

Dreaming of a larger-than-life Outer Banks ownership experience with HUGE INCOME POTENTIAL? With OVER $100K IN RENTS ALREADY BOOKED FOR 2025, this freshly-updated 12BR | 10.5 BA SEMI-OCEANFRONT home in Corolla's Whalehead community features upscale coastal finishes and puts the "fun" in functionality! The current owners did a MASSIVE ADDITION AND RENOVATION in 2022. The top-level living, dining and kitchen area is a beautifully-designed gathering and prep space that offers everything you can desire. The STATE OF THE ART CHEF'S KITCHEN features ALL STAINLESS APPLIANCES including COMMERCIAL-SIZE REFRIGERATOR and freezer, DOUBLE cooktops and range hoods, dishwashers, and sinks with disposals, TWO oven and microwave combos, QUARTZ countertops, an OVERSIZED ISLAND with storage and seating, tiled backsplash, and a great mix of cabinets and open shelving. The dining area offers seating for 34(!) with a variety of configurations. From the living area, you'll enjoy SWEEPING OCEAN VIEWS inside and out with massive windows and a sliding door access to an expansive deck perfect for watching sunrises and catching rays. There is a powder room conveniently located on this level, as well as a large primary suite with ocean views, deck access, and private ensuite bath. Head down to the mid-level, where you'll find 6 relaxing (and generously-sized!) guest suites (four of which have private ensuite baths, with the other two surrounding a shared bath). The lower level of the home features a lounge with full-sized refrigerator, perfect for the night owls to snack, relax and catch a movie, along with 5 bedrooms (three with ensuite baths and the other two sharing a bath). The lower level also offers a laundry room with DOUBLE WASHERS AND DRYERS for added convenience. The real fun begins when you step outside to find a PRIVATE INGROUND POOL and DOUBLE HOT TUBS that provide a year-round vacation vibe for all ages! Outside the pool deck, a large backyard awaits, perfect for enjoying a variety of yard games or just soaking up the sun on a lounge chair. There's also a picnic and grilling area, outdoor shower, and basketball goal. Beach days are a breeze, with the Herring Street access just a 2-minute walk away! This property's mix of high-end finishes, resort-style amenities, proximity to the beach, and impressive rental history make this a must-see...book your showing TODAY.

Directions

From NC-12 North: turn right onto Bonito St. In .2 miles, turn left onto Lighthouse Drive. Property will be .8mi down Lighthouse 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 1008 Lighthouse Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-489-9185. 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 1008 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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