Listing Details For 447 North Cove Road in Corolla

Closing Price:
$3,100,000
447 North Cove Road, Corolla, NC 27927
6 bd
5 ba
0 sq ft
MLS #: 126726
Status: Closed

Sold Details

Status: Closed
Sold Price: $3,200,000.00
Closing Date: 9/26/2024
Contract Date: 8/26/2024
Seller Concessions: Yes
Concession Comments: Closing costs
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 9/9/2024

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $3,100,000
Original Listing Price: $3,100,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/1/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4279
Total Living Area Sq Ft: 4279
Asking Price Per SqFt: $724.00
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1995
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Countertop Range, Dishwasher, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Concrete, Association, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Heat Pump
Room Type: Game Room
Flooring: Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1607
Deed Book Page Number: 710
County Pin Number: 127C00000490000
Price Change: 9/30/2024
Road Surface: Paved, Private
Association Amenities: Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground

Lot Details

Land Tax Value: 1568000
Total Assessed Value: 2008160
Lot Size Acres: 0.66
Lot Size Dimensions: 289' x 100'
Lot Size Square Feet: 28900
Lot Features: Beach Frontage
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $14,539.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 10/1/2024
Estimated Annual Fee Amt: $3,288.00
Sewer: Public Sewer
Association Fee Includes: Common Insurance, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Security System,Sun Deck,Tiki Bar
Fuel Tanks: Leased
HOA Contact Name: SEASIDE MANAGEMENT
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 281095
Rental Performance: 0.0878
Owner Rental Income 2024 Amount: 175342
Avertised Income 2024 Amount: 184280
Owner Renatl Income 2023 Amount: 208996
Avertised Income 2023 Amount: 219235
Owner Renatl Income 2022 Amount: 182222
Avertised Income 2021 Amount: 189973

Listing Agent Remarks

This exquisite oceanfront home in Pine Island, located at the end of a quiet cul-de-sac, features 6 bedrooms and 5.5 bathrooms, with 5 bedrooms offering en-suite facilities. The top level showcases an open-concept design, highlighted by a stunning kitchen equipped with stainless steel appliances, a wine cooler, granite countertops, two "Wolf" wall ovens, a six-burner range, and a custom backsplash. Elegant hardwood floors lead to a great room with cathedral ceilings and a gas fireplace. Expansive windows capture breathtaking ocean views, while a spacious oceanfront sun deck provides an ideal spot to enjoy sunrises and spot dolphins. On the mid-level, you'll find a media/family room complete with a mini-kitchen, second refrigerator, icemaker, microwave, and surround sound system—perfect for movie nights. This level also includes a convenient laundry room. The ground level features a heated 30' x 12' concrete pool, surrounded by a generous stone patio with a Bluetooth sound system—ideal for entertaining. Additional outdoor amenities include a hot tub for 9, two outdoor showers, a fish cleaning table, a built in gas fire pit for cozy gatherings, and a large tiki bar with a mini fridge, gas grill, and seating for 6. The game room adds to the entertainment with a pool table and a full-sized arcade-style video game. This property also offers a private walkway and steps leading directly to the beach. The Pine Island community provides exceptional amenities, including a playground, clubhouse, tennis court, basketball court, volleyball court, 2 pools, one is within walking distance of the house and the Oceanfront pool is on Aububon Dr and even a landing strip for personal planes. An indoor fitness complex with tennis courts and a gym further enhances the lifestyle. With its excellent rental income potential, this home is not only a dream beach retreat but also a superb investment opportunity. The updates of this home are: Roof is less than 5 yrs, all ensuite bathrooms were remodeled 2018-2019, new LVP mid-level 2020, new lights ground floor 2020, outside deck/patio, firepit & Tiki Bar 2018, All new windows & sliders mid-level and new sliders upper level 2018. New beach crossover 2024, new pool heater 2022. To view the 3D floor plan copy & paste this link https://my.matterport.com/show/?m=subwZAyerKW&play=1&brand=0&mls=1&

Directions

NORTH ON OCEAN TRAIL, TURN RIGHT ON BLACK PINE RD, RIGHT ON N. COVE RD, HOUSE IN CUL-DE-SAC DRIVEWAY ON 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 447 North Cove Road in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-8148. 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 447 North Cove 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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