Listing Details For 508 Conch Crescent in Corolla

Closing Price:
$2,995,000
508 Conch Crescent, Corolla, NC 27927
9 bd
10 ba
5289 sq ft
MLS #: 122167
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,830,000.00
Closing Date: 8/28/2023
Contract Date: 7/10/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 66
Due Diligence Date: 7/28/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 66
Cumulative Days On Market: 66
Listing Price: $2,995,000
Original Listing Price: $2,995,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/29/2023
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5289
Asking Price Per SqFt: $566.00
Heated Living Area Sq Ft: 5289
BedroomsTotal: 9
Bathrooms Full: 10
Bathrooms Partial: 2
Year Built: 2022
Garage: 3 + Car,Carport
Architectural Style: Reverse Floor Plan, Craftsman, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Gunite, Heated, In Ground, Private
Counter Tops: Quartz
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Heat Pump, Zoned
Room Type: Breakfast Nook, Foyer, Game Room, Pantry, Utility Room
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: B
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1701
Deed Book Page Number: 3
County Pin Number: 126A0000080000B
Price Change: 8/28/2023
Block: --
Road Surface: Paved, Private
Association Amenities: Board Walk, Common Area, Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 118 x 170
Lot Size Square Feet: 20060
Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $3,813.00
Home Oner Insurance Expense: 3621
Flood Zone: X
Flood Insurance Expense: 743
Wind Insurance: 9364
Water Source: Municipal, Well
Yearly Expense: Actual
Contract Status Change Date: 8/29/2023
Estimated Annual Fee Amt: $300.00
Sewer: Septic Tank
Association Fee Includes: Common Insurance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Composite Siding,Lap Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Margie Gaitens
Primary Residence: No
Street Frontage : 118
HOA Contact Info: PO Box 157, Corolla, NC

Rental Income

Annual Rental Income: 269376
Rental Performance: 0.0952
Owner Renatl Income 2023 Amount: 98658
Owner Renatl Income 2022 Amount: 190917

Listing Agent Remarks

Fresh and Clean with a fine tuned palette of pure wow factor! 508 Conch Crescent is a magnificent, recently built, nine-bedroom residence located in the awesome low-density section of Ocean Sands Section B. This estate size lot is conveniently located just a few steps away from the beach access, allowing for a top floor of commanding ocean views that flow into the abundance of shaded covered decks. Designed as a rental powerhouse with top-quality amenities, making it an ideal choice for even the most selective guests. The exterior is composed of high-quality composite LP smart siding & trim, while the interior is tastefully designed with coastal finishes and high-end furnishings. This crib comes loaded with extras and fully wired as a smart home, with Samsung Smart televisions, locks, thermostats, and a Sonos sound system with speakers inside and out….an instant hit with the tech savvy guests of today. Additionally, the property features two tankless gas hot water heaters, and each floor has several owner closets. The flow is smooth and runs across three distinct levels, with elevator access to the ground floor that includes a full bath, a large rec room with a wet bar, full-size refrigerator and a theatre room. The second level has a total of six bedrooms, including three king-size beds, one queen-size bed, and two custom-built bunk rooms, each with two twin beds over two full beds, totaling eight beds between the two rooms. Each bedroom has a fresh feel and a quality designed private en-suite bath plus access to a shared or private deck overlooking the pool area, except for the bunk rooms. A dedicated double laundry room offers two washers and two dryers. The top floor features three more king-size En-Suite bedrooms with private baths and ocean views, as well as a sitting area and powder room. The kitchen is equipped with stainless steel appliances, a coffee bar, a 36-inch gas range with a commercial hood, two dishwashers, and two full-size refrigerators. The adjacent dining area seats 20 at the tables and another seven at the large island. Multiple covered decks provide shade and a great spot to sit and enjoy a meal. The large private custom concrete heated pool is vinyl fenced and has a turf lounge area, poolside television, and a shaded tiki bar with a bar sink. There is also a hot tub in the pool area along with an outside bath that includes a toilet and outside shower. Yard space is plentiful with Sod & Irrigation including a well to keep water costs at a minimum. This house has no detail overlooked and comes with an OBHOA Management Agreement. Why buy old and worn when this sweet crib is almost brand new. The newest 9 Bedroom Ocean Side home on the market in Corolla. Corolla Beaches, Wild Horses, laid back atmosphere...It's the place to call home away from home and certainly will grab your imagination. Call me today for a private tour.

Directions

North on Ocean Trail, Right on Seashell Lane at Section B, Right on Conch and around the bend towards ocean on right side.

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 508 Conch Crescent in Corolla is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 508 Conch Crescent 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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