Asking Price:
$1,899,900
402 Deep Neck Road, Corolla, NC 27927
8 bd
7 ba
0 sq ft
MLS #: 126774
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Cumulative Days On Market: 288
Listing Price: $1,899,900
Original Listing Price: $1,939,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/13/2024
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: 4500
Total Living Area Sq Ft: 4500
Asking Price Per SqFt: $422.00
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 1998
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Game Room, Pantry
Flooring: Carpet, Ceramic Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 739
Deed Book Page Number: 193
County Pin Number: 127C00001570000
Price Change: 12/12/2024
Road Surface: Paved, Private
Association Amenities: Clubhouse, Fitness Center, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Acres: 0.47
Lot Size Dimensions: 148x149x155x141
Lot Size Square Feet: 20275
Lot Features: Irregular Terrain
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $7,311.00
Water Source: Municipal
Contract Status Change Date: 8/29/2024
Estimated Annual Fee Amt: $3,106.00
Sewer: Public Sewer
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Storage Shed,Sun Deck
Fuel Tanks: None
HOA Contact Name: Seaside Management
Primary Residence: No
Street Frontage : 155
HOA Contact Info: (252) 261-1200

Rental Income

Annual Rental Income: 165000
Rental Performance: 0.0868
Owner Rental Income 2024 Amount: 113744
Avertised Income 2024 Amount: 124233
Owner Renatl Income 2022 Amount: 95632
Avertised Income 2021 Amount: 104722

Listing Agent Remarks

This stunning coastal retreat offers serene ocean vistas! Situated amongst a row of exquisite homes, this property stands out with its functional design and proximity to the uncrowded Corolla beaches. Featuring 8 bedrooms, six bedrooms come with its own full bathroom and most with balcony or deck access, this home exudes comfort and convenience. Nestled oceanside, it provides abundant space indoors and outdoors for relaxation, recreation, and soaking in the picturesque surroundings within the highly coveted Pine Island community. A gentle stroll takes you to the beach conveniently located just 500' away from your front door, or you can spend leisurely days in your own secluded backyard sanctuary surrounded by trees, featuring a spacious pool and hot tub. Highlighting a reverse floor plan, updated laminate flooring, a practical layout, and enchanting ocean views, this property is a true gem. The upper level features a spacious great room with a welcoming gas fireplace, cathedral ceiling, breathtaking views, and a well-appointed chef's kitchen equipped with stainless steel appliances, a central island with seating for 6, a cozy breakfast nook, and a serene separate dining area for adults. Additionally, it boasts a screened porch, a wrap-around top deck, and a ship's watch—a perfect spot for unwinding with a good book or enjoying a morning coffee while admiring the sunrise. A primary bedroom with a private ensuite bath and access to a private deck completes this level. Descending to the mid-level, you'll find 5 bedrooms, including 3 generous primary King bedrooms, each with their own bath and deck access, and 2 bunk rooms. On the ground level, you'll find two additional primary bedrooms, each featuring an ensuite bath, along with a convenient laundry area. This level also includes a fun-filled game room complete with a pool table and foosball, game table, a cozy TV area, a well-equipped kitchenette including a full size refrigerator, and dishwasher. There's also a convenient powder bath accessible from the pool area and volleyball court. This home truly has all the amenities to help capitalize on investment income. Estimated income from Sun Realty shows a 8% G.R.O. I. Recent enhancements include all NEW HARDIE-PLANK 30 year siding with 15 year paint installed in 2021, a Fortified Roof installed in 2020, Mid- floor HVAC unit installed 2022, and top floor 2018. New laminate wood flooring and carpets (except bedrooms) in 2023, and 6-person hot tub in 2024. The Pine Island community boasts a range of exceptional amenities, including a beach club, health club, outdoor pool, racquet and fitness center, and scenic walking trails.

Directions

N. on Hwy12 enter E on Pine Gate 1st Left on Deep. House on 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 402 Deep Neck Road in Corolla is provided courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. 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 402 Deep Neck Road 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)