OCEANFRONT HOME OR INVESTMENT OPPORTUNITY! A stunning property in the Whalehead community, perfectly positioned to pay-it-forward with nearly 30 years of countless family memories. The living area and bedrooms in this 5 BR, 4.5 bath home open up to an upper/lower deck and a stunning ocean view. Enjoy the brand new hot tub on the lower deck while you gaze at the moon's reflection on the ocean. This gracious home with lovely Juniper paneled accent walls, granite kitchen counters, tiled upper level, newly tiled living room and new LTV hallway and bathroom flooring, has a 4 year average of $80,000, and a 2021 Twiddy projection (see associated documents) of nearly $81,000. Add a pool, and the projection increases to $92,230. A spacious and open floor plan, the home and its location consistently greets guests for 34 weeks annually. Adjacent to the Perch Street beach walkway, the home is high and dry in an X flood zone. Alternatively, if you are looking for the perfect spot to build a multi-family rental home, look no further. Ocean Perch's lot can easily accommodate a new 12 bedroom home. (Refer to the associated documents for details on rental projections of $367,580). Enjoy this home with solid rental income or get started right away on plans for the 2021 season with a new home of your dreams. Either way, don't miss out on this rare opportunity!

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 975 Lighthouse Drive in Corolla is provided courtesy of Twiddy and Company - Corolla C: 252-333-5310. 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 975 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.