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800-647-1868
Asking Price:
$1,900,000
1038 Corolla Drive, Corolla, NC 27927
8 bd
8 ba
0 sq ft
MLS #: 133694
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Listing Price: $1,900,000
Original Listing Price: $1,900,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/10/2026
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4591
Total Living Area Sq Ft: 4591
Asking Price Per SqFt: $414.00
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2026
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, In Ground, Fiberglass, Private
Counter Tops: Quartz
Cooling: Central Air, Heat Pump, Zoned
Interior Features: , Cathedral Ceiling(s), Pantry, Walk-In Closet(s), Wet Bar
Heating: Central, Electric, Forced Air, Heat Pump
Room Type: Foyer, Game Room, Pantry, Shipswatch
Flooring: Vinyl Tile,
Construction Materials: Wood Siding

Legal Description

County: Dare
Subdivision: Whalehead Club
Deed Book: 1794
Deed Book Page Number: 354
County Pin Number: 115A00000690005
Price Change: 8/9/2026
Road Surface: Paved, Public
Association Amenities: Ocean Access, Common Area

Lot Details

Land Tax Value: $NaN
Total Assessed Value: $NaN
Lot Size Acres: 0.46
Lot Size Square Feet: 20000
Lot Features: Level
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2005
Annual Property Taxes: $1,019.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Municipal
Yearly Water Expense: $NaN
Contract Status Change Date: 8/10/2026
Estimated Annual Fee Amt: $0.00
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Extras: Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Outside Shower,Smoke Detector(s),Sun Deck,Tiki Bar,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Whalehead Club
Primary Residence: No
HOA Contact Info: Bob Powers - 703-912-375

Rental Income

Estimated Annual Rental Income: $175,000.00
Rental Performance: 0.0921
Gross Income YTD Amt: $NaN
Owner Rental Income 2026 Amount: $NaN
Avertised Income 2026 Amount: $NaN
Owner Rental Income 2025 Amount: $NaN
Avertised Income 2025 Amount: $NaN
Owner Rental Income 2024 Amount: $NaN
Avertised Income 2024 Amount: $NaN
Owner Rental Income 2023 Amount: $NaN
Avertised Income 2023 Amount: $NaN
Owner Rental Income 2022 Amount: $NaN
Avertised Income 2021 Amount: $NaN
Owner Rental Income 2021 Amount: $NaN
Avertised Income 2021 Amount: $NaN

Listing Agent Remarks

LUXURY NEW CONSTRUCTION + PROJECTED $175,000 IN ANNUAL RENTAL INCOME! Construction is underway now on this impressive 8 BEDROOM, 8 FULL + 2 HALF BATH Corolla retreat, with estimated completion in SPRING 2027. Just in time for next rental season! Designed from the ground up with the vacation rental market in mind, this home combines the features guests want with the finishes today's buyers expect. EVERY BEDROOM HAS ITS OWN PRIVATE BATH, creating a true suite-style experience and making the home ideal for large families and vacation groups. Inside, luxury meets low-maintenance living with QUARTZ COUNTERTOPS THROUGHOUT, TILE SHOWERS, LVP FLOORING, MULTIPLE FIREPLACES and an ELEVATOR providing easy access between levels. The spacious layout offers plenty of room to gather, relax, and entertain, while still giving everyone their own private space. And this home was made for FUN! The outdoor living area will feature a PRIVATE POOL, HOT TUB, TURF GAMING AREA, AND TIKI BAR, while inside, the GAME ROOM gives guests another place to gather and unwind. Best of all, the home will be SOLD FULLY FURNISHED, making it truly turnkey. This is your opportunity to own a brand-new luxury Outer Banks home without taking on the time and expense of designing and building one yourself. Imagine being able to enjoy your new beach house without maintenance worries! Get in early and watch your new beach house come to life! ASK ABOUT OUR 6-BEDROOM THAT IS AVAILABLE TO VIEW UNTIL 9/12 TO SEE SIMILAR FINISHES.

Directions

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 1038 Corolla Drive in Corolla is provided courtesy of Keller Williams Outer Banks KDH C: 252-489-8054. 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 1038 Corolla Drive in Corolla is no longer available for sale.
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