Listing Details For 466 Pipsis Point Road in Corolla

Closing Price:
$1,399,900
466 Pipsis Point Road, Corolla, NC 27927
4 bd
4 ba
2958 sq ft
MLS #: 119863
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,325,000.00
Closing Date: 9/29/2022
Contract Date: 8/14/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 17
Due Diligence Date: 9/19/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 17
Cumulative Days On Market: 17
Listing Price: $1,399,900
Original Listing Price: $1,399,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/29/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2958
Asking Price Per SqFt: $473.00
Heated Living Area Sq Ft: 2958
BedroomsTotal: 4
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1994
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump
Room Type: Game Room, Shipswatch
Flooring: Carpet, Tile, Vinyl Tile, Wood
Construction Materials: Frame

Legal Description

Section: NA
County: Currituck
Subdivision: Pine Island Pud
Subdivision Name: Pine Island PUD 127C
Deed Book: 996
Deed Book Page Number: 180
County Pin Number: 127C00000120000
Price Change: 9/28/2022
Block: NA
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park

Lot Details

Lot Features: Corner Lot
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $5,279.00
Home Oner Insurance Expense: 3700
Flood Zone: X
Flood Insurance Expense: 948
Other Expenses 3: 740
Water Source: Municipal
Yearly Water Expense: 550
Other Yearly Expense: 2937
Total Yearly Expense: 19205
Pool Or Spa Expense: 4000
Yearly Expense: Estimated
Yearly Elecric Expense: 3200
Yearly Telephone Expense: 380
Yearly Cable Tv Expense: 2500
Contract Status Change Date: 9/29/2022
Estimated Annual Fee Amt: $2,937.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways
Other Expenses 2: 250
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252.261.1200

Rental Income

Annual Rental Income: 87379
Rental Performance: 0.0659
Owner Renatl Income 2022 Amount: 75654
Avertised Income 2021 Amount: 87379
Owner Rental Income 2021 Amount: 63220
Avertised Income 2021 Amount: 74007

Listing Agent Remarks

Located just 25 feet from the beach access in prestigious Pine Island, this gorgeous 4-bedroom, 4.5 bath semi-oceanfront home provides the perfect setting for a fun and relaxing Outer Banks getaway! The top level living, dining, and kitchen space is bright and welcoming, thanks to expansive windows and soaring vaulted ceilings. The attached sun deck beckons you to step outside with your morning coffee at daybreak, or relax with loved ones after another spectacular beach day. The living area is both open and cozy, with lush tropical decor and an inviting gas fireplace for chilly autumn evenings. The kitchen, featuring crisp white cabinetry, timeless granite countertops, and tile flooring, opens out to the living and dining area so everyone can participate in lively conversation during meal prep. The breakfast bar is the perfect spot to grab a quick bite or serve up appetizers to share, and everyone can gather around the table for dinner with a view. Slip away to the ship's watch for a quiet spot to read, work on a puzzle, or birdwatch. There is also a convenient powder room on the top level. When it's time to rest, escape to the luxurious top level suite with a spa-quality attached bath featuring a double sink vanity, soaking tub, and tiled shower. On the mid-level, you will find three generously-sized guest suites: one with an attached bath and the other two with a shared bath. A soothing spa can be found on the mid-level covered deck as well. On the ground floor, you'll find an oversized room that sellers use as a guest suite that could easily be a game room or theatre. There is also a full bath and laundry. Step outside for never-ending summer fun, with a sparkling private pool and enormous raised pool deck featuring a grilling area and outdoor dining space. There is also a convenient outdoor shower for rinsing sand away. With a community beach access just across the street, you're just a few feet away from your next beach day! Pine Island offers community pools, seasonal activities for all ages, walking trails, and sports courts for the ultimate Outer Banks lifestyle. With coastal design details, stunning views, resort-style amenities and desirable location, you’ll want to make this beautiful beach home your very own!

Directions

From 12-North: turn right onto Black Pine Rd., then left onto N. Cove Rd. Property will be on your left at the NW corner of N. Cove Rd. and Pipsis Point Rd.

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 466 Pipsis Point Road in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-489-9185. 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 466 Pipsis Point Road 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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