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Listing Details For 506 Magnolia Way in Corolla

Asking Price:
$774,900
506 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
0 sq ft
MLS #: 129641
Status: Active

Listing Information

Area: Corolla Westside
Mls Status: Active
Listing Price: $774,900
Original Listing Price: $774,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/16/2025
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2858
Total Living Area Sq Ft: 2858
Asking Price Per SqFt: $NaN
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1996
Garage: 1 Car,Attached
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Association
Pool Features: Association
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Flooring: Carpet, Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 1587
Deed Book Page Number: 407
County Pin Number: 9943-25-3819
Price Change: 6/15/2025
Road Surface: Paved, Private

Lot Details

Lot Features: Level
Waterfront: Soundfront
View: Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $3,953.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 6/16/2025
Estimated Annual Fee Amt: $6,605.00
Sewer: Shared Septic
Association Fee Yes or No: Yes

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Lap Siding,Cement Fiber Board
Extras: Ceiling Fan(s),Hot Tub,Jet Tub,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Jenny Hawk
Primary Residence: No
HOA Contact Info: (252)-453-4011

Rental Income

There is no rental income information available

Listing Agent Remarks

SOUNDFRONT IN THE CURRITUCK CLUB! SOUND VIEWS, SUNSETS & CURRITUCK CLUB LUXURY! SPACIOUS, WELL-APPOINTED, AND READY FOR YEAR-ROUND LIVING OR AN OUTSTANDING VACATION ESCAPE! Located within the highly desirable and gated Currituck Club community, 506 Magnolia Way offers a rare combination of privacy, convenience, and elevated coastal living. This 2,858 square-foot home boasts 4 spacious bedrooms, 3 full bathrooms, and 1 half bath, all thoughtfully designed across two expansive levels. With stunning views of the Currituck Sound, luxurious features throughout, and access to exceptional community amenities, this property represents a unique opportunity to own in one of Corolla’s most sought-after neighborhoods. Step inside to discover a bright and inviting interior anchored by an open-concept main living space with vaulted ceilings, large windows, and abundant natural light. Two beautifully appointed primary suites—one on each level—offer the ultimate in comfort and privacy, each featuring a cozy gas fireplace and indulgent jetted tub. Multiple living and gathering spaces, including a den with a sleeper sofa, allow guests to spread out and relax. Three gas fireplaces throughout the home enhance the ambiance during cool coastal evenings. Outside, enjoy the peaceful privacy of your backyard and sweeping views of the sound—perfect for sunset cocktails, al fresco dining, or relaxing in the hot tub under the stars. The Currituck Club provides access to a host of first-class amenities including several community pools, tennis courts, a fitness center, playgrounds, walking paths, and a summer shuttle to the beach. Golf enthusiasts can take advantage at the neighborhood’s signature Rees Jones-designed golf course (club membership available for a fee). Located just minutes from a grocery store, restaurants like Urban Kitchen, casual spots like Off The Wall Tap House, and more shopping and historic Corolla, 506 Magnolia Way offers convenience without compromising on tranquility. Whether you’re looking for a primary residence, a second home, or an investment property with outstanding rental potential, this soundside retreat is a standout in Corolla. This extremely well built home features 2x6 construction and a brand new fortified roof! Don’t miss your chance to experience refined Outer Banks living in the heart of it all!

Directions

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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 506 Magnolia Way in Corolla is provided courtesy of Landmark Sotheby's International Realty . 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 506 Magnolia Way in Corolla is no longer available for sale.

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