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752 Waters Edge , Lot 147

Corolla, NC 27927
  • $771,000
  • STATUS: Closed
  • ON SITE: 225 Days
  • MLS #: 121984
Sold - 05/26/2023
$771,000
SOLD - 05/26/2023
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,503
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1992
County:

School Ratings & Info

Description

The perfect beach house does exist!! This adorable home in Corolla is the quintessential Outer Banks beach cottage. 5 bedrooms, 4 baths, WALKABLE TO THE BEACH, private pool, hot tub, ground level game room with kitchenette and it comes fully furnished with SIGNIFICANT INCOME already on the books! PLUS this home has added privacy since it's located on a cul-de-sac, surrounded by trees and one house away from the Ocean Sands lake. The top floor features an open floor plan with cathedral ceilings, large kitchen and dining, with living space that is centered around a gas fireplace and built-in shelving. The large east facing windows let in great natural light. Sliders lead out to the east-facing deck with ocean breezes and lake views! An all-seasons room off the living area adds to the usable space and is a great place to read a book or enjoy the views. Off of the living space is a nice sized bedroom and full bath. On the mid level, you'll find a bedroom with its own en suite, and two more bedrooms that share a hall bathroom. There's plenty of covered decks on this level, great for hammocks and adirondack chairs. The ground level has another bedroom, full bath, laundry area, storage and a large game room entertaining space with its own kitchenette. Sliders lead out from this space to the large pool area with hot tub, that backs up to the wooded common area, adding to your privacy. It's a short walk to the beach using the paved neighborhood streets, or you can take the sandy trail along the lake and enjoy the partially shaded walk and pretty views, plus you'll probably see some turtles along the way. Seeing the occasional turtle on the lake walk to the beach has been a surprising hit with vacation renters. A new owner will benefit from the almost-fully booked rental season for 2023, and a rental projection of a fully opened calendar in 2024 conservatively estimates approx 79k in rental income potential. It's a turn-key Outer Banks investment, where everything has been done for you. New luxury vinyl flooring installed in 2020, fresh paint in bedrooms and bathrooms in 2020, new roof in 2021, decking and railings just painted in 2023.

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© 2023 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Colony Realty Corp. Data last updated: 2023-11-30T17:37:46.59.
www.colonyrealtysales.com/homes/138655045
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752 Waters Edge , Lot 147 Corolla, NC 27927

  • Price: $759,000
  • Status: Closed
  • On Site: 225 Days
  • Updated: 33 min ago
  • MLS #: 121984
5
Beds
4
Baths
0
½ Baths
N/A
Acres
2,503
SQFT
$0
$/SQFT
1992
Built
Neighborhood:
Ocean Sands
County:
Currituck
Area:
Corolla Oceanside
Property Description
The perfect beach house does exist!! This adorable home in Corolla is the quintessential Outer Banks beach cottage. 5 bedrooms, 4 baths, WALKABLE TO THE BEACH, private pool, hot tub, ground level game room with kitchenette and it comes fully furnished with SIGNIFICANT INCOME already on the books! PLUS this home has added privacy since it's located on a cul-de-sac, surrounded by trees and one house away from the Ocean Sands lake. The top floor features an open floor plan with cathedral ceilings, large kitchen and dining, with living space that is centered around a gas fireplace and built-in shelving. The large east facing windows let in great natural light. Sliders lead out to the east-facing deck with ocean breezes and lake views! An all-seasons room off the living area adds to the usable space and is a great place to read a book or enjoy the views. Off of the living space is a nice sized bedroom and full bath. On the mid level, you'll find a bedroom with its own en suite, and two more bedrooms that share a hall bathroom. There's plenty of covered decks on this level, great for hammocks and adirondack chairs. The ground level has another bedroom, full bath, laundry area, storage and a large game room entertaining space with its own kitchenette. Sliders lead out from this space to the large pool area with hot tub, that backs up to the wooded common area, adding to your privacy. It's a short walk to the beach using the paved neighborhood streets, or you can take the sandy trail along the lake and enjoy the partially shaded walk and pretty views, plus you'll probably see some turtles along the way. Seeing the occasional turtle on the lake walk to the beach has been a surprising hit with vacation renters. A new owner will benefit from the almost-fully booked rental season for 2023, and a rental projection of a fully opened calendar in 2024 conservatively estimates approx 79k in rental income potential. It's a turn-key Outer Banks investment, where everything has been done for you. New luxury vinyl flooring installed in 2020, fresh paint in bedrooms and bathrooms in 2020, new roof in 2021, decking and railings just painted in 2023.
Exterior Features

Exterior Lap SidingWood Extras Beach AccessCeiling Fan(S)Covered DecksHot TubInside Laundry Room Foundation Piling Lot Description Adj. To Common AreaCul-De-SacLevel Pool FiberglassPrivate Pool Pool Type Private Pool YN Yes Roads PavedPrivate Roof Asphalt/Fiber Shingle View Description Lake/River Waterfront Location More Than 5th Row

Interior Features

Air Conditioning CentralHeat Pump Appliances DishwasherDryerMicrowaveRefrigerator W/Ice MakerWasher2Nd Refrigerator Floor Coverings Ceramic TileLuxury Vinyl Plank Furnishings Available YN Yes Heating CentralHeat Pump Interior Features Cathedral Ceiling(S)Gas FireplaceEnsuite Optional Rooms Sun/Florida Room

Property Features

Annual Rental Income 92017 Association Amenities Ocean AccessOutdoor-Comm. TennisCommon Area Association Fee Includes Walkways Association Fee YN Yes Bank Owned YN No Estimated Annual Fee 900 Financing Options CashConventional Flood Zone X Potential Short Sale No Primary Residence YN No Rental Performance 0.1193 Residential Type Single Family - Detached Sewer Septic Community Septic Tax Year 2022 Taxes 3455 Water Municipal Zoning Sfo

Listing courtesy of Jeanne-Marie Destefano of Keller Williams - Outer Banks: C: 252-599-7250.


© 2023 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Colony Realty Corp. Data last updated: 2023-11-30T17:37:46.59.
 
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