Listing Details For 1026 Lighthouse Drive in Corolla

Closing Price:
$2,995,000
1026 Lighthouse Drive, Corolla, NC 27927
9 bd
9 ba
5760 sq ft
MLS #: 122521
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,775,000.00
Closing Date: 11/15/2023
Contract Date: 7/8/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 24
Due Diligence Date: 8/22/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 24
Cumulative Days On Market: 24
Listing Price: $2,995,000
Original Listing Price: $2,995,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/15/2023
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5760
Asking Price Per SqFt: $520.00
Heated Living Area Sq Ft: 5760
BedroomsTotal: 9
Bathrooms Full: 9
Bathrooms Partial: 3
Year Built: 2004
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Indoor Grill, Ice Maker, Microwave, Refrigerator, Refrigerator w/Ice Maker, Washer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Builder Name: O'Brien Beach Building
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Heat Pump
Room Type: Foyer, Game Room, Home Theater, Utility Room
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 5
Phase: -
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1678
Deed Book Page Number: 864
County Pin Number: 115A00000150005
Price Change: 11/14/2023
Block: -
Tract: -
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100x200
Lot Size Square Feet: 20000
Lot Features: Level
Lot Faces: E
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $8,573.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 11/15/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Stone
Extras: Cabana,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Sauna,Smoke Detector(s),Sun Deck,Roof Top Deck
Fuel Tanks: Leased
HOA Contact Name: -
Primary Residence: No
Street Frontage : 100
HOA Contact Info: -

Rental Income

Annual Rental Income: 330841
Rental Performance: 0.1192
Owner Renatl Income 2023 Amount: 277544
Avertised Income 2023 Amount: 263645
Owner Renatl Income 2022 Amount: 152402
Avertised Income 2021 Amount: 160565
Owner Rental Income 2021 Amount: 189590
Avertised Income 2021 Amount: 200829

Listing Agent Remarks

This semi-oceanfront vacation rental property is a luxurious haven that provides a perfect blend of comfort, elegance, and breathtaking views. With 9 bedrooms, ensuite bathrooms, elevator, sauna, rooftop crow's nest, theater room, game room with kitchenette, private pool & hot tub, as well as a cabana, this 5700+ square foot retreat offers the discerning buyer a turnkey opportunity to own an exquisite income-producing retreat. This stunning home showcases a stone façade that immediately captures your attention. The exterior is complemented by well-maintained landscaping, further enhancing its curb appeal. The open floor plan seamlessly blends the living, dining, and kitchen areas, creating a spacious and inviting atmosphere. Large windows and glass doors allow natural light to flood the space while offering picturesque views of the ocean. The upper level of the home is adorned with soaring ceilings, hardwood floors and stone accents adding warmth and sophistication to the living spaces. The renovated gourmet kitchen has sleek granite countertops and soft close cabinetry, offering both beauty and functionality. The abundance of counter space provides ample room for meal preparation, while the top-of-the-line appliances cater to the needs of even the most discerning chefs. Whether you're cooking for a large group or preparing a snack, this well-appointed kitchen is a culinary haven. The spacious living area serves as a gathering space for relaxation, conversation, and entertainment. A cozy stone-accented gas fireplace (perfect for those cooler evenings) adds a touch of charm and warmth. Adjacent to the living area, you'll find multiple dining spaces including a stone-accented breakfast bar and large tables that can accommodate the whole group for memorable meals. The sundeck on this level boasts mesmerizing views of the ocean. Imagine dining al fresco or sipping your morning coffee while taking in the sunrise. One of the highlights of this property is the rooftop crow's nest, offering 360° panoramic views of the ocean, sound, and coastal landscape. This exclusive space is perfect for stargazing, hosting evening gatherings, or simply enjoying the sunrise or sunset in a serene setting. The upper level features the first of the 9 well-appointed bedrooms, each boasting its own ensuite bathroom, providing privacy and comfort for every guest. Four more bedrooms are on the mid-level, along with a comfortable bonus space/ lounge area. The final 3 bedrooms and laundry are on the ground level. For entertainment and relaxation, the ground level is where you will find a sauna, the game room featuring a full kitchenette, pool table and arcade game machine, and the theater room to watch your favorite movies. This floor provides the perfect retreat for indoor fun. Step outside to the backyard oasis, where you'll find a cabana pool house with an outdoor kitchen. This area is ideal for hosting barbecues and poolside parties. Lounge by the pool, take a refreshing dip, or soak in the sun while enjoying the coastal breeze. The property offers easy access to the beach, where you can indulge in various water activities or simply relax on the sand. Corolla, known for its charming shops, restaurants, and historical sites, offers a multitude of attractions and experiences for everyone to enjoy. From the stone facade to the ocean views, elevated kitchen, hardwood floors, fireplaces, private pool/ hot tub and cabana, this turnkey vacation rental property encompasses a wealth of luxurious features. The presence of an elevator, sauna, and rooftop crow's nest 360° views further adds to the allure of this exceptional property, ensuring an indulgent, relaxing vacation getaway. With its thoughtfully designed interior spaces, luxe amenities, and captivating ocean views, this vacation retreat combines luxury and convenience with a range of impressive features offering a seamless blend of elegance, comfort, and coastal charm.

Directions

Ocean Trail north to right onto Bonita, left onto Lighthouse Dr, property will be on the left side.

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 1026 Lighthouse Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-207-6588. 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 1026 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.

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