Listing Details For 1058 Corolla Drive in Corolla

Asking Price:
$774,900
1058 Corolla Drive, Corolla, NC 27927-9684
4 bd
3 ba
2552 sq ft
MLS #: 126207
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Cumulative Days On Market: 93
Listing Price: $774,900
Original Listing Price: $795,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/3/2024
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2552
Total Living Area Sq Ft: 2552
Asking Price Per SqFt: $304.00
Heated Living Area Sq Ft: 2552
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1992
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Parking: Paved
Foundation: Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Private
Counter Tops: Laminate
Cooling: Central Air
Heating: Central
Room Type: Game Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Whalehead Club
Deed Book: 1077
Deed Book Page Number: 775
County Pin Number: 115A00000650004
Price Change: 10/2/2024
Road Surface: Paved

Lot Details

Lot Size Acres: 0.46
Lot Size Square Feet: 20000
Lot Features: Level, Wooded
Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $3,313.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 7/2/2024
Estimated Annual Fee Amt: $60.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Wood
Extras: Beach Access,Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Whalehead Club POA
Primary Residence: No
HOA Contact Info: www.wpoa.org

Rental Income

Annual Rental Income: 85000
Rental Performance: 0.1097
Owner Rental Income 2024 Amount: 34866
Owner Renatl Income 2023 Amount: 34727

Listing Agent Remarks

Nestled in the sought-after community of Whalehead Club, known for its large private wooded lots and easy access to the beach, "Crab A Cold One" is the perfect beach retreat. This inviting property features a private pool, hot tub, game room, and an array of outdoor amenities including a basketball hoop, corn hole, and horseshoes. Relax on the decks and enjoy the salt air or take a leisurely stroll to the beach. Upon entering, you'll be greeted by cheerful beachy decor and ample space for everyone to spread out. The top-floor boasts a fully equipped kitchen, dining area, and living space with high ceilings, creating an airy atmosphere filled with natural light. This level also includes a half-bath and access to one of the sun decks. From the top level, venture to the ship's watch to enjoy the view or take in the scenic Whalehead from the back deck. The mid-level boasts four bedrooms and two bathrooms. This includes a primary suite with a king bed, an ensuite bath with a tiled shower, and access to the back porch. Additionally, there is another room with a king bed, one bedroom with twin beds, and a bunk room. The ground level is split into two sides. One side features a game room with a pool table that easily converts to ping pong and a foosball table. A full bath is situated between each side. The other side offers a versatile space with a sleeper sofa and TV room, perfect for watching movies or sports games, or providing extra sleeping space for guests. This property has been lightly rented by the owners on VRBO and through family and friends only for the peak months. Rental projections on file show an impressive rental estimate of $65,000 - $85,000. The home is ideally situated near the historic Currituck Club and Currituck Lighthouse, the charming old Corolla Village, the scenic nature trails of northern Corolla, and the four-wheel-drive area of Carova, known for its wild horses. Additionally, it is just minutes away from the shops and restaurants at Tim Buck II, Monteray Plaza, and Corolla Light. NOTABLE UPDATES: Fortified Roof installed in 2019, New Hot Tub 2022, PVC Fence the Pool 2018, Pool Pump & Motor Replaced 2021, Septic Pumped in 5/2024, Ground Level Flooring Replaced 2017, New flooring including New Stairs and Carpet in Bedrooms in 2022, Hot Water Heater 2024, Range Replaced in 2020, Dishwasher and Microwave Replaced 2020, Washing Machine Replaced in 2019, Siding on front and S side Replaced in 2010. "Crab A Cold One" is a charming, well-maintained property ready to become your ideal beach getaway. Don't miss out on this fantastic opportunity! Contact Agent to show!

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 1058 Corolla Drive in Corolla is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-489-9267. 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 1058 Corolla Drive 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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