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800-647-1868
Asking Price:
$1,450,000
475 Island Lead Road, Corolla, NC 27927
6 bd
5 ba
0 sq ft
MLS #: 134395
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Listing Price: $1,450,000
Original Listing Price: $1,450,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/16/2026
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: 3466
Total Living Area Sq Ft: 3466
Asking Price Per SqFt: $418.00
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1997
Garage: Carport
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Outdoor Pool, In Ground, Gunite, Private, Association
Counter Tops: Laminate,Solid Wood Butcher Block
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Pantry, Walk-In Closet(s), Wet Bar
Heating: Central, Heat Pump
Room Type: Foyer, Game Room, Pantry, Utility Room
Flooring: Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1699
Deed Book Page Number: 419
County Pin Number: 127C00001620000
Price Change: 10/15/2026
Road Surface: Paved, Private
Association Amenities: Clubhouse, Outdoor-Comm. Pool

Lot Details

Land Tax Value: $440,000.00
Total Assessed Value: $822,200.00
Lot Size Acres: 0.77
Lot Features: Cul-De-Sac, Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2025
Annual Property Taxes: $6,386.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Zone: X
Flood Insurance Expense: $NaN
Water Source: Municipal
Yearly Water Expense: $NaN
Contract Status Change Date: 10/16/2026
Estimated Annual Fee Amt: $3,200.00
Sewer: Shared Septic
Association Fee Includes: Management, Pool, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Wood,Cement Fiber Board
HashTag of Units: 0
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Shower,Smoke Detector(s),Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

There is no rental income information available for this property.

Listing Agent Remarks

REFRESHED AND READY! SIX BEDROOM PINE ISLAND STUNNER JUST TWO LOTS FROM THE BEACH! Welcome to luxury coastal living in one of the Outer Banks most prestigious and sought-after communities. If you know PINE ISLAND, you know this is a premier OBX destination. Stretching over 3 miles along the coastline, Pine Island is uniquely designed with homes on the oceanside only, offering LARGER LOTS, MORE SPACE ON THE BEACH, and a quieter, more private vacation experience. Some of the most luxurious homes in the Outer Banks call Pine Island home, and this property is no exception! Known as SPARE TIME, this exceptional home with a private lot is PACKED WITH FUN and designed for making unforgettable vacation memories! Enjoy your own PRIVATE GUNITE POOL, SAND VOLLEYBALL COURT, BASKETBALL HOOP, and INDOOR GAME ROOM! As an added bonus, the community TENNIS COURTS are located directly behind the property, offering even more recreation just steps away! And with the beach ONLY TWO LOTS AWAY, you'll enjoy OCEAN VIEWS and a quick, easy walk to the sand and surf! Designed to comfortably accommodate LARGE GROUPS, this spacious coastal retreat offers SIX BEDROOMS, including THREE PRIMARY ENSUITES, THREE ADDITIONAL BEDROOMS, FIVE FULL BATHROOMS, and ONE HALF BATH. The UPDATED KITCHEN opens seamlessly to the family room and dining area, creating the perfect gathering space for entertaining, sharing meals, and spending quality time together. QUALITY AND CHARACTER are evident throughout this home! Beautiful HARDWOOD FLOORS grace the first and third levels, while recently updated LUXURY VINYL PLANK flooring enhances the second level. Soaring CATHEDRAL CEILINGS and impressive SOLID OAK TRIM, DOORS, AND PANELING add warmth, architectural character, and timeless craftsmanship that set this home apart. Whether you're searching for a LUXURY VACATION RETREAT, an INVESTMENT PROPERTY, or a combination of both, SPARE TIME offers the SPACE, LOCATION, AMENITIES, AND QUALITY to deliver the ultimate Outer Banks experience. With its exceptional recreational features, proximity to the beach, and coveted PINE ISLAND address, this is a coastal opportunity you won't want to miss!

Directions

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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 Island Lead Road in Corolla is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-455-3483. 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 475 Island Lead Road in Corolla is no longer available for sale.
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