Listing Details For 501 Ocean Way in Corolla
Closing Price:
$2,300,000
$2,300,000
501 Ocean Way,
Corolla, NC 27927
9 bd
8 ba
4898 sq ft
MLS #: 111862
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,225,000.00
Closing Date: 3/31/2021
Contract Date: 2/12/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 90
Due Diligence Date: 3/24/2021
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 90
Cumulative Days On Market: 90
Listing Price: $2,300,000
Original Listing Price: $23,000,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/31/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 4898
Asking Price Per SqFt: $470.00
Heated Living Area Sq Ft: 4898
BedroomsTotal: 9
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2001
Garage: None
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Silestone
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Heat Pump
Room Type: Game Room, Library
Flooring: Carpet, Ceramic Tile, Plank, Vinyl Tile, Wood
Construction Materials: Frame, Wood Siding
Legal Description
Section: A
County: Currituck
Subdivision: Ocean Sands
Deed Book: 561
Deed Book Page Number: 25
County Pin Number: 126A0000029000A
Price Change: 3/30/2021
Block: none
Road Surface: Paved
Lot Details
Lot Size Acres: 0.69
Lot Size Square Feet: 30000
Lot Features: Beach Frontage, Cul-De-Sac, Level, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $7,139.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 3/31/2021
Estimated Annual Fee Amt: $150.00
Sewer: Shared Septic
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: Variable Rate Comp
Exterior: Cement Fiber Board,Lap Siding
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Jet Tub,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
HOA Contact Name: N/A
Primary Residence: No
HOA Contact Info: N/A
Rental Income
There is no rental income information availableListing Agent Remarks
This is the home you have been waiting for! Sitting majestically high on the hill, this ocean front dream home features 9 bedrooms, 8.5 baths, three gathering areas, elevator, pool, and hot tub. The views from the many large covered and sun decks of the ocean will astound you. The landscaped yard only adds to the beauty as you approach. Vegetated oceanfront dune and a very short walk over the private walkway and your toes will be in the sand. Nothing has been overlooked here at Belle of the South. The top level features a huge living room with ample seating and the views will make you feel like you are on a ship. Take note of the beautiful oak floors with mahogany accents. The newly tiled fireplace is just what you need during the chilly nights. A 16-seat dining table overlooks the ocean and is the perfect space for entertaining. The kitchen is a dream. Two dishwashers, two microwaves, two ovens, granite counter tops, sparkling white cabinets and tiled black splash. New appliances in 2020 include a subzero refrigerator and Wolf Cooktop. A king master suite with jetted tub and private deck overlooking the ocean make it the perfect place to enjoy a sunrise. A powder room completes the top level. The mid-level features 5 master suites, two with deck access and overlooking the pool and ocean. A large den area for relaxing, reading or just a quiet space to get away is also on this level. From the den you might also choose to step onto the covered deck and watch those in the pool or just enjoy the views. The ground floor boasts 3 bedrooms and two full baths as well as another comfy space to enjoy movies or watching the inevitable billiards game. You will also find an efficiency kitchen with sink, cabinets and full size refrigerator on this level with easy access to and from the pool and hot tub which are just outside. The pool and hot tub area are fantastic. A 13 x 35 foot pool sits on the large concrete deck area complete with plenty of furnishings to make your day at the pool the best it can be. Through the pool gate is a private walkway to the dune top and stairs to the beach. It doesn’t get better than this! Be certain to put “Belle of the South” on your list. You won’t want to miss this Grand home!
Directions
East on Ocean Way to ocean front. Home on Left of accessOfficial 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 501 Ocean Way in Corolla is provided
courtesy of Stephanie Walker and Associates . Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 501 Ocean Way 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
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