Listing Details For 542 Porpoise Point in Corolla

Asking Price:
$1,274,000
542 Porpoise Point, Corolla, NC 27927
6 bd
4 ba
0 sq ft
MLS #: 127288
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Cumulative Days On Market: 62
Listing Price: $1,274,000
Original Listing Price: $1,299,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/18/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2650
Total Living Area Sq Ft: 2650
Asking Price Per SqFt: $481.00
BedroomsTotal: 6
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1987
Garage: None
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Flooring: Carpet, Tile

Legal Description

Section: D
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1475
Deed Book Page Number: 563
County Pin Number: 126A0000222000D
Price Change: 11/17/2024
Block: NA
Road Surface: Paved, Private

Lot Details

Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $7,477.00
Water Source: Municipal
Contract Status Change Date: 10/22/2024
Estimated Annual Fee Amt: $985.00
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Cement Fiber Board
Extras: Roof Top Deck
Fuel Tanks: Leased
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: Lauren Regan 252-441-8857

Rental Income

Annual Rental Income: 100000
Rental Performance: 0.0785
Owner Rental Income 2024 Amount: 95719
Owner Renatl Income 2023 Amount: 103195
Owner Renatl Income 2022 Amount: 91455

Listing Agent Remarks

OBX HOLIDAY SALE!! Reducing Price on the ALREADY Lowest Priced Semi-Ocean Front in COROLLA (on pavement). Approx. $100K in Rental Income CONSISTENTLY!! Fresh, Newer Kitchen and other updates, too! Many know that Ocean Sands Corolla offers some of the BEST BEACHES in Corolla! Particulary, the less DENSE populated Section like "D" means a higher SENSE of quiet due to smaller quantity of homes compared to many other sections of Ocean Sands! NOW, FACTOR IN a Beach Access directly across the street (SEMI-OCEAN FRONT!) from this NOW AVAILABLE 6 BR, 4.5 BA Wonderful Beach House! That's right.....beach access steps away and one row from the ocean front! This home boasts clean and fresh recent updates of a New Kitchen, Flooring, Bathroom updates and Much More! The Added Roof Deck means FANTASTIC ocean views with morning coffee or just a chance to hang out with the sea birds. There is ample decking and the owner has provided high quality deck furniture to sit back and relax in. As well, there is a heated, private built in pool! The serenity of the covered, out door furnished sitting area near the pool says "come on in and relax......" as well, a newer, high quality Hot Tub awaits your achy muscles! There are not only ONE but TWO Outside Showers, too! The walk ways to from the pool to the beach are there to navigate your way to the beautiful Corolla, Wide Beach in the less densely populated Sec D. of Ocean Sands Corolla. Vacation RENTERS abosolutely LOVE this home and location....approx $100K Gross Income! Make an appointment asap because the inventory, especially at the semi-ocean front location at this price point, is very low....ACT NOW or miss out!

Directions

HWY 12 to Corolla, Ocean Sands, turn EAST into Sec. D, to ocean front, turn right, home on right 2 from the end of the road.

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 542 Porpoise Point in Corolla is provided courtesy of Great Escapes Vacations & Sales . 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 542 Porpoise Point 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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