Listing Details For 1002 Cruz Bay Lane in Corolla

Closing Price:
$1,250,000
1002 Cruz Bay Lane, Corolla, NC 27927
5 bd
5 ba
2796 sq ft
MLS #: 120496
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,250,000.00
Closing Date: 11/10/2022
Contract Date: 10/11/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 6
Due Diligence Date: 11/5/2022

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 6
Cumulative Days On Market: 6
Listing Price: $1,250,000
Original Listing Price: $1,250,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 10/5/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2796
Asking Price Per SqFt: $447.00
Heated Living Area Sq Ft: 2796
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2017
Garage: 1 Car,Carport
Architectural Style: Reverse Floor Plan, Nags Head, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated Salt, Heated, In Ground, Outdoor Pool, Private
Builder Name: Renaissance Construction
Counter Tops: Granite,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room, Pantry
Flooring: Carpet, Ceramic Tile, Engineered Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Currituck
Subdivision: Corolla Bay
Subdivision Name: Soundfront at Corolla Bay
Deed Book: 1553
Deed Book Page Number: 78
County Pin Number: 115E00000240000
Price Change: 11/9/2022
Road Surface: Paved
Association Amenities: Ocean Access, Sound Access

Lot Details

Lot Features: Level, Waterfront
Lot Faces: E
Water Frontage: 65
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $4,288.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 11/10/2022
Estimated Annual Fee Amt: $1,100.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Management, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Sheet Siding,Wood
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Elevator,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Dry Entry,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: Seaside Management
Primary Residence: No
Street Frontage : 65
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 128920
Rental Performance: 0.1031
Owner Renatl Income 2022 Amount: 79083
Avertised Income 2021 Amount: 91593
Owner Rental Income 2021 Amount: 82651
Avertised Income 2021 Amount: 98751

Listing Agent Remarks

The name couldn’t describe this home more perfectly; the Jewel of the Sound is located in Soundfront at Corolla Bay, Corolla’s new, high end luxury community. The tranquil setting of this stunning soundfront Craftsman-style home delivers a check to every box on even the most discerning buyers’ list. Built by Renaissance Construction in 2017 and designed with spacious open concept and easy living in mind, this 5 bedroom, 5 ½ bathroom home offers plenty of room for large gatherings as well as private spaces to rest and relax. The top level features a gourmet kitchen with stylish contrasting upper and lower kitchen cabinets, granite counters, stainless appliances and beautiful engineered hardwood floors. Also on this level, an en-suite with custom tile shower, double vanity, walk-in closet and deck access for catching those beautiful sunsets over the Currituck Sound. The mid-level features three spacious bedrooms each with their own private bath and deck access. The ground level consists of a second family room or game room area with access to the private pool area, a full bathroom and an additional bedroom. There is no need to fret all of the stairs that are common in Outer Banks homes, this home has an elevator to put the vacation back in your vacation. Additional amenities include a heated, saltwater pool, outdoor shower, a beautifully landscaped yard with irrigation, 9’ ceilings on the first two levels and cathedral ceilings on the top level and an EV 14-50 outlet charging station in the carport for electric cars. Soundfront at Corolla Bay is centrally located to shopping, nature trails, restaurants, the Historic Whalehead Club and Currituck Beach Lighthouse. After a day spent at the beach guests can enjoy fishing, paddle boarding, kayaking, bird-watching, or simply relaxing while watching a colorful sunset from the community pier. It doesn’t get much better than this, come and see this Jewel of the Sound for yourself. We promise you won’t be disappointed. To view the virtual tour copy and paste the following link into your browser; https://unbranded.youriguide.com/1002_cruz_bay_ln_corolla_nc/

Directions

Heading north on NC 12, turn left onto Devils Bay into the Soundfront at Corolla Bay community. Turn right onto Cruz Bay Ln. House is on your immediate left.

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 1002 Cruz Bay Lane in Corolla is provided courtesy of Outer Banks Realty Group . 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 1002 Cruz Bay 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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