1293 Sandcastle Drive Lot 182
Corolla, North Carolina NC 27927
Sold For: $2,010,000
Listing ID: 119391
Status: Sold In House
Sold Date: 12/29/2022
Bedrooms: 7 Bed
Total Baths: 6 Bath
Full Baths: 5 Bath
Partial Baths: 1 Bath
SqFt: 3,895 Sq Ft
Subdivision: Villages at Ocean Hill
Year Built: 1995

Ocean views abound at this 7 bedroom home in northern Corolla. Located on a huge, elevated oceanfront lot, this home was lovingly used only as a second home, and the house is NOT currently in a rental program (minimal wear and tear) but is projected to do over $296,000+ a year in rental income! The meticulous owners have been updating over the recent years with a HUGE heated concrete pool and spacious pool deck/cabana, a new kitchen with granite countertops and stainless appliances, select new siding and exterior paint, and newer HVACs. Well appointed and designed to take in the view, the home has a reverse floor plan with the top level hosting the open kitchen, dining and living room, all overlooking the Atlantic Ocean. The generous Oceanside decks on the top level and mid-level look out over the pool area and across the wide dune to the beach. On the third floor you’ll also find a half bath and an en-suite king bedroom overlooking the sunset views to the west. The mid-level has 4 bedrooms total, two of which have their own private bathrooms with Jacuzzi tubs, and access to the ocean-side deck. On the ground level you’ll find 2 more bedrooms, a recently remodeled full bathroom, and a large game room with kitchenette and plenty of room to add your own pool table, ping pong table or foosball table! From the rec room, step outside to enter the large fenced in pool deck with shaded cabana area or walk out on your own private beach walkway complete with dune deck area that provides yet another relaxing area to take in the view of the Atlantic Ocean. With ample parking, this home is a comfortable and spacious beach getaway that also provides a great investment opportunity! Located in the Villages at Ocean Hill, you're just down the street from the 4x4 beaches where the wild horses roam, and historic Corolla Village & Shops and even the Currituck Lighthouse! Also enjoy the premier Villages at Ocean Hill community amenities including oceanfront & lakefront pools, tennis, basketball and pickleball courts, year-round fitness center, and more! Furnishing updates/costs available upon request.

Primary Features

County: Currituck
Price Reduction Date: 2022-11-12T22:16:11+00:00
Property Sub Type: Single Family - Detached
Property Type: Residential
Subdivision: Villages at Ocean Hill
Year Built: 1995
Zoning: SFO

Interior

Air Conditioning: Central, Heat Pump
Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, 2nd Refrigerator, Wine Cooler
Countertops: Granite
Extras: Beach Access, Boardwalk to Beach, Cabana, Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
Floor Coverings: Carpet, Hardwood, Vinyl Tile
Furnishings Available: yes
Heating: Central, Heat Pump
Interior Features: Beamed Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Washer Connection, Wet Bar
Optional Rooms: Breakfast Nook, Foyer, Game Room
Water: Municipal

External

Exterior: Cement Fiber Board
Lot Description: Beach Frontage, Water Frontage
Parking: Off Street, Paved
Pool: Outdoor, In Ground, Concrete, Heated, Private Pool, Association Pool
Pool: yes
Pool Type: Private and Association
Roads: Paved
Roof: Asphalt/Fiber Shingle
Style: Contemporary, Reverse Floor Plan, Coastal
Waterfront Location: Oceanfront

Location

Area: Corolla Oceanside
Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
Flood Zone: Cobra, X
View Description: Ocean

Additional

Disclaimer: Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is ad
Due Diligence Date: 2022-12-08T00:00:00+00:00
Homes & Land of the Outer: yes
Ownership: Owned More than 12 Months
Primary Residence: no
Rental Company: None
Status Category: Sold

Financial

Asking Price Per SqFt: 564.57
Association Fee: yes
Bank Owned: no
Bill of Sale Amount: 1
Estimated Annual Fee: 2098
Estimated Annual Rental Income: 296100
Estimated Rental Performance: 0.1473
Financing Options: Cash, Conventional, Jumbo Loan
Potential Short Sale: no
Sale/Rent: For Sale
Tax Year: 2021
Taxes: 7049

Zoning Info


Listed by: Jo Ann Konstanzer from Four Seasons Realty 252-261-6664.

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Contact - Listing ID 119391

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Liz Holterhaus

Southern Shores, NC 27949
Phone: 252-202-2156

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