Listing Details For 1202 Coral Lane in Corolla

Closing Price:
$1,800,000
1202 Coral Lane, Corolla, NC 27927
7 bd
7 ba
4670 sq ft
MLS #: 118734
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,775,000.00
Closing Date: 6/24/2022
Contract Date: 5/12/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 8

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 8
Cumulative Days On Market: 8
Listing Price: $1,800,000
Original Listing Price: $1,800,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 6/28/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4544
Asking Price Per SqFt: $396.00
Heated Living Area Sq Ft: 4544
Unheated Living Area Sq Ft: 126
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 2021
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite,Quartz,Solid Surface
Cooling: Heat Pump, Multi Units, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Game Room, Office
Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Currituck
Subdivision: Ocean Hill
Subdivision Name: Ocean Hill Section One
Deed Book: 1236
Deed Book Page Number: 0392
County Pin Number: 114C00000120001
Price Change: 6/27/2022
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.62
Lot Size Dimensions: 100' X 260'/280' 27,374
Lot Size Square Feet: 27000
Lot Features: Level
Lot Faces: N
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $6,751.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 6/28/2022
Estimated Annual Fee Amt: $425.00
Sewer: Septic Tank
Association Fee Includes: Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Elevator,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Roof Top Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Village Realty
Primary Residence: No
Street Frontage : 100
HOA Contact Info: 252-480-4758

Rental Income

Annual Rental Income: 177485
Rental Performance: 0.1
Owner Renatl Income 2022 Amount: 116725
Owner Rental Income 2021 Amount: 105651

Listing Agent Remarks

Seaquell does the community of Ocean Hill proud with it’s inherent stately presence, offering solid luxury with simple yet eloquent lines in it’s design. Ocean Views, Beachscape Views, and, the Currituck Lighthouse are readily visible. Not only is the Beach Access close by ( only 525' feet away), this community is near shopping, restaurants, Corolla Village Historic Whalehead Club Mansion Museum; Corolla's Lighthouse, Boat Museum & The Currituck Club Golf Course. With Seven Bedrooms, Six are w ensuite Baths ( Two Bathrooms are ADA Compliant w Residential features ); each w flat screen LCD TVs. A state of the art Kitchen with Dual Dishwashers, plenty of Counter Island Seating for Seven; Great Room Living area w a SimpliFire Fireplace and a 65” 4K flat screen TV mounted just above. Elevator access, many doorway ramps, Recreation Room, Mid Level Den, Private Pool w Open Breeze Fence, all to comfort you. Elevated Hot Tub Deck too. There are Two convenient Laundry Areas ( one Mid & one Ground Level ) so Two Sets of Full Size Washers & Dryers. Everyone will like the abundance of Decking for fun times ( with 2 x 6 Wood for longevity ). Flooring is: Quality Hardwood ; Luxury Vinyl; Carpet; & Ceramic Tile. Ground Level: A beautifully inviting Private Pool with Sunshine all day, thanks to the benefit of a Southern Exposure. As one enters at Ground Level via ramps from the carport and the foyer, one finds the Elevator. Also a Half Bath accessible for the Pool area; along with 2 bedrooms (a queen bedroom and a bedroom with 2 twin beds), and private bathrooms. There is parking available for 7 - 10 cars in front. The centrally located recreation room features a 65” 4K flat screen TV and a Foosball table. Mid Level: This level has 4 bedroom areas (a king bedroom ensuite with an ADA compliant bathroom w Residential features, deck access; 2 queen bedrooms, each with access to the deck, and a bunkbed bedroom). Across the hall from the bunkbed bedroom, is a full bathroom, ( with a tub! ). This level w Elevator access, has a Den w a 50” flat screen TV, an office/work station for two, ( noted by the quartz countertops and extra outlets for charging stations). There is deck access to the hot tub, cozily tucked, offering privacy. Top Level: Elevator and stairway access brings one to a spacious living area with multiple Ocean Views, an abundance of natural light, and, the view of the Currituck Lighthouse. Quality Hardwood floors, a 65” 4K flat screen TV and the electric Simpli Fire fireplace, all make for a comfortable entertainment area. Towards the north of the living area, there is a king Bedroom ensuite, with an ADA compliant bathroom w Residential features; sliding door deck access. To the west of the living area is a separate sitting area with a 42” TV, a game/puzzle table for 4. A half bath is nearby. Towards the south of the living area is the state of the art kitchen (with granite countertops, stainless appliances, electric cooktop, 2 dishwashers, 1 refrigerator (with water filter, ice maker), a beverage cooler, microwave). The kitchen island has a prep sink & Counter Seating w 7 Bar Stools. The dining table provides comfortable seating for 12; w a dual temperature wine cooler within reach. Just off of the Dining Area there is a very nice Four Season Sunroom with wrap around windows gaining Southern Sunshine. This finished Living Area Sunroom is equipped with it's own Mini-Split Heating and Cooling System manufactured by Trane / Mitsubishi. With the Sunroom having the luxury of a separate temperature controlled environment, this provides the benefit of having the Heat On in the House during Wintertime visits to the Beach, while being able to control the warm Sunroom to a comfortably cool temperature while reading or enjoying breakfast or lunch in the Sunroom. Next is the Sky Deck which provides great vistas of the Sunrise; and at Night, precious views of the Moon and Stars.

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 1202 Coral Lane in Corolla is provided courtesy of Sun Realty - Corolla C: 252-453-8822. 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 1202 Coral 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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