Listing Details For 345 Lindsey Lane in Corolla

Closing Price:
$5,495,000
345 Lindsey Lane, Corolla, NC 27927
12 bd
12 ba
8408 sq ft
MLS #: 111376
Status: Closed

Sold Details

Status: Closed
Sold Price: $5,550,000.00
Closing Date: 6/1/2021
Contract Date: 3/13/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 156
Due Diligence Date: 4/3/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 156
Cumulative Days On Market: 156
Listing Price: $5,495,000
Original Listing Price: $5,495,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/1/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 8408
Asking Price Per SqFt: $654.00
Heated Living Area Sq Ft: 8408
BedroomsTotal: 12
Bathrooms Full: 12
Bathrooms Partial: 3
Year Built: 2016
Garage: Carport
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Disposal, Dryer, Dishwasher, Freezer, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer, Wine Cooler, Wall Oven
Roof: Metal
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Custom, Heated, In Ground, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Forced Air, Heat Pump, Zoned
Room Type: Game Room, Home Theater, Library, Media Room, Office, Pantry
Flooring: Carpet, Tile, Wood
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Subdivision Name: Pine Island Reserve
Deed Book: 1319
Deed Book Page Number: 458
County Pin Number: 127H00000120000
Price Change: 5/31/2021
Block: 12
Road Surface: Private

Lot Details

Total Assessed Value: 1945390
Lot Size Acres: 0.19
Lot Size Square Feet: 8408
Lot Features: Beach Frontage, Level
Lot Faces: 0.56
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $17,723.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 6/1/2021
Estimated Annual Fee Amt: $5,240.00
Sewer: Public Sewer
Association Fee Includes: Maintenance Grounds, Management, Road Maintenance
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Water Filter,Tiki Bar,Inside Laundry Room
HOA Contact Name: katie@seaside-management.com
Primary Residence: No
HOA Contact Info: Seaside Management

Rental Income

Annual Rental Income: 548835
Rental Performance: 0.0989
Owner Rental Income 2021 Amount: 501887
Avertised Income 2021 Amount: 532025

Listing Agent Remarks

Luxurious Oceanfront Oasis, in the most exclusive community on the Outer Banks, The Pine Island Reserve. New in 2016, here is your opportunity to own one of the finest homes in this exquisite collection of thirteen properties. A stunning investment property, the home stands ready to welcome many returning families with 34 reserved weeks, totaling a gross of over $532,025 for 2021 reservations. Enter Oceanfront Oasis to a luxurious experience reminiscent of the fun and excitement of the grand boardwalks of the 20th century’s Golden Age. The level sets the mood for a week of relaxed fun for every family. The first-floor Atlantic City boardwalk experience is complete with arcade games (Skeeball! Whack-a-mole! Basketball!), a pool table, and a large games table to keep the young and young-at-heart excited and entertained. A handcrafted surfboard bar provides a memorable gathering area for beverages, furnished with a 42-inch ice machine and kegerator for all the beer lovers in the crowd. The familiar slapping sound of the Spinning Wheel will keep the conversation lively and boardwalk memories alive as guests spin the wheel of chance to decide who will pour the next round or who will watch the children tonight at dinner. Across from the Arcade, The Paramount Theatre features a 115-inch projection screen system with sofas and reclining loveseats to create a casual and comfortable viewing experience for all ages. Enjoy yoga, video games, and virtual workouts in this gracious and spacious room. Indoor-outdoor living takes on special meaning when the soothing sounds of the ocean and the salty ocean breezes roll into the boardwalk. A disappearing wall of glass doors open to a large screened porch for relaxing in the shade but still close to all the poolside and boardwalk action. Regulation outdoor championship ping pong tables keep the fun going under the pergola and two top-of-the-line gas grills are conveniently located adjacent to the terrace area. The poolside pavilion and swim-up bar offer a protected gathering area with a TV and JBL sound system for outdoor entertaining. A consistent 48-inch pool depth is custom designed to allow for volleyball and basketball with a separate 12-inch deep area for sunning adults or smaller children. A waterfall feature provides noise-canceling bliss. Four outdoor showers, individual cubby storage, a bathing suit spinner, an exercise room, and a bathroom are located adjacent to the terrace. A private Grotto area with a hot tub and fire pit provide a welcome respite for conversation and star gazing. Upstairs, a quiet and elegant second-floor living area provides ocean to sound views from the east and west decks with a games table, coffee bar, and multiple gathering spaces. Laundry areas are located on the first and second floors. Twelve bedrooms are featured at Oceanfront Oasis, with 13 full and 3 half baths. Nine king masters, 2 bunk bedrooms each accommodates up to 6, and one with a built-in king and 2 twins. A spectacular barrel-vaulted ceiling graces the Ocean Room on the 3rd floor, highlighting views of the ocean and the sound from expansive deck and porch areas. Enjoy unforgettable sunrises and sunsets! Cozy up with your favorite book in the adjacent den area separated by a double fireplace. Celebrate the day at the Ship Bar area with seating for 15, outfitted to serve as the setting for countless memories. The custom gourmet kitchen features a six-burner gas stove, two dishwashers, SubZero and KitchenAid refrigerators, and double wall ovens, perfect for preparing for family gatherings in the oceanfront dining room with seating for 16. The lovely oceanfront screened porch for after-dinner cordials and coffees awaits you. A home for making memories for a lifetime. Where the rewards of a stellar investment are enjoyed. Where relaxation envelopes you between the shores of the beautiful Atlantic and the serene Currituck Sound. Don’t hesitate!

Directions

Rte 12 heading North to Hampton Inn, Rt onto Audobon Drive, Lft onto Lindsey Lane, property on the right.

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 345 Lindsey Lane 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 345 Lindsey Lane 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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