Listing Details For 894 Corolla Drive in Corolla

Closing Price:
$1,199,000
894 Corolla Drive, Corolla, NC 27927
8 bd
7 ba
4003 sq ft
MLS #: 124240
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,149,000.00
Closing Date: 3/19/2024
Contract Date: 1/10/2024
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 6
Due Diligence Date: 2/9/2024

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 6
Cumulative Days On Market: 6
Listing Price: $1,199,000
Original Listing Price: $1,199,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/19/2024
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: 4003
Asking Price Per SqFt: $300.00
Heated Living Area Sq Ft: 4003
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2005
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Slab
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Wet Bar
Heating: Electric, Heat Pump
Room Type: Foyer, Game Room, Loft, Media Room
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 11
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1045
Deed Book Page Number: 638
County Pin Number: 115A00000700011
Price Change: 3/18/2024
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.51
Lot Size Dimensions: 110x200
Lot Size Square Feet: 22000
Lot Features: Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $5,588.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/19/2024
Estimated Annual Fee Amt: $50.00
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
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Whalehead POA
Primary Residence: No
HOA Contact Info: wpoa.org

Rental Income

Annual Rental Income: 165000
Rental Performance: 0.1436
Owner Rental Income 2024 Amount: 81152
Owner Renatl Income 2023 Amount: 114311
Owner Renatl Income 2022 Amount: 109186
Owner Rental Income 2021 Amount: 93815

Listing Agent Remarks

Discover luxury and comfort in this spacious 4,000+ sq ft vacation home. Boasting 8 bedrooms, including 4 en-suite options, and 7.5 bathrooms, this property provides ample space for relaxation and entertainment. The top-level features an open-concept design, seamlessly blending the family room, dining area, and the kitchen (equipped with stainless steel appliances, including 2 dishwashers and a double oven) and sun deck access from both the family room and dining area. The reverse floor plan offers two ensuite bedrooms, each with access to large decks that run along the east and west elevations. Enjoy breathtaking ocean views from the elevated upper-level loft and the convenience of the half level powder room. Two ensuite bedrooms with private bathrooms and two guestrooms, which share a Jack and Jill full bath, are located on the mid-level. Each bedroom has convenient access to covered decks on the east, south, and west sides of the home, and the strategically positioned laundry room further enhances practicality. The ground level features the final en suite bedroom with a private bath, an additional bedroom with a full hall bath, and is dedicated to recreation with a game room boasting a wet bar and a separate TV room. Step outside to a private oasis complete with a heated 11x22 pool, hot tub, outdoor shower, and a spacious yard equipped with play equipment. Situated on an X flood zone lot, this property ensures peace of mind, and its prime location adjacent to the Coral St pedestrian walkway to the beach adds to the overall convenience. The proximity to shops, attractions, and restaurants in Corolla and the northern beaches offers ease for residents and guests. This property highlights all the amenities and optimal location discerning buyers are seeking in a vacation rental property.

Directions

Ocean Trail north to right onto Bonita, then right onto Corolla Dr. Property is across from the Coral St Beach access.

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 894 Corolla 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 894 Corolla 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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