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Listing Details For 998 Cane Garden Bay Circle in Corolla

Asking Price:
$730,000
998 Cane Garden Bay Circle, Corolla, NC 27927
4 bd
3 ba
0 sq ft
MLS #: 129606
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Days On Market: 13
Cumulative Days On Market: 13
Listing Price: $730,000
Original Listing Price: $730,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/12/2025
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2300
Total Living Area Sq Ft: 2300
Asking Price Per SqFt: $317.00
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2011
Garage: 1 Car,Attached
Garage Sq Ft: 263
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Association
Pool Features: Outdoor Pool, In Ground, Concrete, Association
Builder Name: BD&A
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Multi Units
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Forced Air, Heat Pump
Room Type: Game Room, Utility Room
Flooring: Carpet, Ceramic Tile, Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Section: 3
County: Currituck
Subdivision: Corolla Bay
Subdivision Name: The Villas at Corolla Bay Section 3
Deed Book: 1813
Deed Book Page Number: 694-695
County Pin Number: 115F00000390000
Price Change: 6/11/2025
Road Surface: Paved, Private
Association Amenities: Gated, Ocean Access, Outdoor-Comm. Pool, Sound Access

Lot Details

Lot Features: Level, Zero Lot Line
Lot Faces: N
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $3,292.00
Flood Zone: X
Water Source: Municipal
Yearly Expense: Actual
Contract Status Change Date: 6/12/2025
Estimated Annual Fee Amt: $2,900.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Fenced Yard
Fuel Tanks: None
HOA Contact Name: Art Merwick
Primary Residence: No
HOA Contact Info: 412 913-6620

Rental Income

Annual Rental Income: 52597
Rental Performance: 0.0721
Owner Rental Income 2024 Amount: 51457
Owner Renatl Income 2023 Amount: 52597

Listing Agent Remarks

This stunning turnkey home in The Villas at Corolla Bay is now available! Featuring a functional open floor plan and a low-maintenance cement fiberboard exterior, this 4-bedroom, 3.5-bath villa offers 2300 square feet of open living space. Key Features: Outdoor Oasis: Enjoy a private, extra large, fenced grassy courtyard (large enough for a future pool) with an outside shower and new hot tub. Upper Level Living: An open floor plan boasts an electric fireplace, cathedral ceilings, wood laminate flooring, kitchen with granite counters, stainless steel appliances, a convenient pantry closet, and a powder bath. A sun deck overlooks the courtyard. Mid-Level: Spacious, carpeted bedrooms with 9’ ceilings include a primary en suite with a private bath. This level also features a full hall bath, a dedicated laundry room, a generous hall closet, and access to a covered porch. Ground Level: A guestroom, full bath, and a recreation room. An internal elevator shaft offers conversion potential. A glass door leads to the outside shower, hot tub, and courtyard. This level also provides access from the main entry and garage. Community Amenities: The gated community offers a community pool, playground, picnic areas, beach volleyball court, and a bath house. Sidewalks and streetlights enhance safety and enjoyment. Prime Location: The property abuts the central common space and offers easy access to the community pool, beach, shops, restaurants, and attractions of the Northern Beaches. This well-maintained home with modern amenities and a spacious layout is ideal for investment, a second home, or a primary residence. Top floor heat pump replaced 6/2021. New hot tub 4/2023. Garage fridge 5/2024. Ground floor bath vanity 12/2024. Currently owners manage the rentals themselves on VRBO and Brindley Beach provides maintenance and linens/cleaning service for $373/rental. Brindley's commission is $175/rental. Owner is willing to manage VRBO rentals this summer for new owner to ease in transition of ownership while honoring the rentals.

Directions

Rt 12 to Herring, turn East, then turn right on Bonaire Dr then right on Cane Garden Bay, house is second 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 998 Cane Garden Bay Circle 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 998 Cane Garden Bay Circle in Corolla is no longer available for sale.

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