Listing Details For 538 Breakers Arch in Corolla

Closing Price:
$3,300,000
538 Breakers Arch, Corolla, NC 27927
10 bd
9 ba
4997 sq ft
MLS #: 109587
Status: Closed

Sold Details

Status: Closed
Sold Price: $3,200,000.00
Closing Date: 12/3/2020
Contract Date: 9/26/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 112
Due Diligence Date: 11/5/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 112
Cumulative Days On Market: 112
Listing Price: $3,300,000
Original Listing Price: $3,300,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 12/4/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4997
Asking Price Per SqFt: $660.00
Heated Living Area Sq Ft: 4997
BedroomsTotal: 10
Bathrooms Full: 9
Bathrooms Partial: 2
Year Built: 2019
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated Salt, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite,Silestone
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room, Home Theater, Shipswatch
Flooring: Hardwood, Plank, Tile, Vinyl
Construction Materials: Frame

Legal Description

Section: A
County: Currituck
Subdivision: Ocean Sands
Subdivision Name: Ocean Sands South
Deed Book: 1437
Deed Book Page Number: 172
County Pin Number: 126A0000039000A
Price Change: 12/3/2020
Block: 39
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.69
Lot Size Square Feet: 29860
Lot Features: Beach Frontage, Cul-De-Sac, Level
Lot Faces: E
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $7,268.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 12/4/2020
Estimated Annual Fee Amt: $125.00
Sewer: Septic Tank
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.,Variable Rate Comp
Exterior: Composite Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Inside Laundry Room
HOA Contact Name: Ocean Sands South
Primary Residence: No
Street Frontage : 152
HOA Contact Info: Ocean Sands South POA

Rental Income

Annual Rental Income: 331620
Rental Performance: 0.1036
Owner Rental Income 2021 Amount: 213060
Avertised Income 2021 Amount: 220060

Listing Agent Remarks

Spectacular New OceanFront 10 Bedroom Home just completed in May 2019 and located in the Uncrowded Pristine Wide Beaches of Section A Ocean Sands South with 10 GRI Rental Projection and 7,505 SQ FT UNDER ROOF ! Corolla Diamond is positioned on a spacious elevated lot to maximize the unbelievable 180 degree ocean views and situated in a Cul De Sac with direct Beach Access, Private Dune Top Deck and Private Walkway to the beach. This home boasts 10 beautifully decorated bedrooms with 8 Master Bedrooms of which Half have Ocean Views and most have their own Deck Access. The Top Floor is exquisitely decorated, bright, spacious, open and exhibits breathtaking ocean views from the Kitchen, Dining Room, Great Room, Ships Watch, Master King Bedroom, and large screen porch with picnic table and expansive deck area. Gorgeous gourmet kitchen features upgraded granite, custom Cabinets, Kitchen Aid Appliances, 2 refrigerators, 3 dishwashers, ice maker, microwave, 2 sinks, Gas Range with oven plus additional wall oven. The impressive ensuite Master King Bedroom faces the ocean with gorgeous oversized tiled bathroom that includes soaking tub, double vanities and amazing sunrises. Mid Level offers the perfect layout of 7 bedrooms and 6 bathrooms. There are 3 King bedrooms of which 2 are Master bedrooms, 3 Queen Master Bedrooms and 1 Bedroom with 2 sets of custom built in bunkbeds with USB chargers. The bedrooms facing the east all have ocean views and 6 bedrooms have deck access. The king bedroom and bunk bedroom share a bathroom and can be enjoyed as a family suite. Mid Level Deck has 1 of the 2 hot tubs and an awesome sun deck overlooking the ocean. The Ground Level exudes fun and entertainment both inside and out. Ground level features Rec Room with Pool Table, TV and granite counter bar area with sink, dishwasher and ice maker. Additionally there is a Custom Theater Room with bar seating and comfortable couches for all to experience together. Ground Level also has Master Twin Bedroom and Master double Bunk Bedroom with extra long beds. Spacious Rec Room lends access to the outside pool and cool covered bar area with awesome gas grill, TV and sink. You will be delighted with the spacious welcoming pool area and your own private dune top deck with private walkway to the beach. Corolla Diamond epitomizes stylish quality upgraded design with 5 zone heating and cooling, insulated all interior walls and ceilings, custom design trim package, water proof vinyl floor planking throughout, 10 ' ceilings on ground level, 9 ' ceilings on mid level, 3 - 110 Gallon Water Heaters with Recirculation Pump and 600 AMP service. Quality exterior features include: Smart Siding and Trim, Ground level exterior walls 2 x 10, Structual Foundation with Piling Support, Certainteed Landmark Shingles, Maintenance Free railings and Trex decking, All Windows and Sliders are Impact Resistance Glass, and more. Perfectly located with proximity to the Corolla Greenway with ease of access to shops and restaurants via foot or bike, as well as close proximity to The Currituck Club premier 18 hole Reese Jones Golf Course. This is the perfect opportunity to own a spectacular new quality built upgraded oceanfront home that offers every comfort for an amazing beach experience with awesome sunrises and sunsets plus 10 % GRI Rental Projection. Call to schedule your showing now!

Directions

Rt 12 North, Turn Right into Section A. Left on Breakers Arch to the Ocean. Home located in Cul De Sac on the right.

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 538 Breakers Arch in Corolla is provided courtesy of Corolla Beach 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 538 Breakers Arch 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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