Shore Realty Outer Banks Home Sales

Listing Details For 467 Pipsi Point Road in Corolla

MLS #: 89972
467 Pipsi Point Road
Corolla, NC 27927
Asking Price: $1,450,000
Status: Active
Status Date: 5/18/2016

Listing Information

HeadlineAppraisal over $1,500,000!
AreaCorolla Oceanside
Full Baths4
Partial Baths2
Asking Price$1,450,000
Price Date2/16/2016
Original Asking Price$1,600,000
Total Tax Assessed Value$1,758,600
Land Tax Assessd Value$1,315,900
Price Per Square Foot$426
Days On Market568
Cumulative Days On Market568
Listing Date10/21/2015
Listing TypeExclusive Right Sell
Input Date Date10/21/2015
Update Date5/10/2017 1:39:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
Year Built1994
Heated Living Area3400
Air ConditoningCentral,Heat Pump
HeatingHeat Pump
AppliancesDishwasher,Dryer,Range/Oven,Refrigerator w/Ice Maker,Washer
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Master Bath,Pantry,Washer Connection,Wet Bar
ExtrasBeach Access,Boardwalk to Beach,Covered Decks,Fenced Yard,Hot Tub,Sun Deck,Whirlpool/Spa,Dry Entry
Floor CoveringsCarpet,Tile,Wood
AppliancesDishwasher,Dryer,Range/Oven,Refrigerator w/Ice Maker,Washer
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Concrete,Private Pool
Bedroom 1 Level3
Bedroom 1 Size15x 13
Bedroom 2 Level 2
Bedroom 2 Size 14 x 13
Bedroom 3 Level 2
Bedroom 3 Size 13 x 13
Bedroom 4 Level 2
Bedroom 4 Size 13 x 16
Bedroom 5 Level 1
Bedroom 5 Size 17 x 13
Bedroom 6 Level 1
Bedroom 6 Size 10 x 15
Living Room Level 3
living Room Size 25 x 20
Kitchen Level 3
Kitchen Size 14 x 15
Dining Room Level 3
Dining Room Size14 x 16
Virtual Tour14 x 16

Lot Details & Legal Description

Address467 Pipsi Point Road
Unit/Lot #Lot 20
SubdivisionPine Island Pud
Deed Page202
Deed Book1264
Doc Timestamp5/10/2017 1:30:00 PM
Pin Number127C00000200000
Tax Database ID3
Tax Property ID127C00000200000
Lot Square Feet28800
Lot Size/Dimensions90 x 320
Lot FacesE
Street Frontage90
Lot DescritionBeach Frontage,Cul-de-sac,Water Frontage
View DescriptionOcean,Park Serv/Preserve
Water Frontage90
Distance To WaterOceanfront
Flood ZoneVE
ParkingPaved,Off Street
Association AmenitiesOcean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Playground
Client Hit Count542

Property Expense & Utilities

If the seller of this property located at 467 Pipsi Point Road in Corolla has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NYes
Annual Association Fee$2,500
Tax Year2015
Property Taxes$8,600
Water SourceMunicipal
Septic Disposal SystemCommunity Septic


Rental Cottage #E020
Rental Turnover DaySat
Finance OptionsCash,Conventional,Jumbo Loan
Furniture Available ?Yes
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count10

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 467 Pipsi Point Road is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Listing Agent Remarks

"Moonlight Serenade" is CLASSIC PINE ISLAND OCEANFRONT--excellent rental return history, completely furnished and walk-in RENTAL-READY with $156,831 final total advertised/gross income 2016! Excellently-priced. See Feb. 2017 APPRAISAL value OVER $1,500,000! NEW CARPET/FLOORING work started Nov. 2016, exterior work happening early 2017 including NEW DECK RAILINGS! This 6-bedroom stunner with AMAZING OCEAN VIEWS generates consistently great income every year and guests love Pine Island's community AMENITIES. Impeccably furnished and lovingly maintained, it is a true vacation rental guest-pleaser and is listed over $300,000 BELOW County tax assessment. This is a true rental MACHINE and it will make owning a beach house easy with so much rental income at your disposal! Inviting beautiful TILE foyer/entrance and covered front rocking porch. Ample oceanside covered porches. Huge, private solid-surface POOL with stamped concrete surround. Multiple KING MASTERS. All baths have double vanities, WCs and CUSTOM PAINT finishes. Mid-level sitting area for added COMFORT. This is a must-see property! NEW living area window treatments and ice maker at wet bar.


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 467 Pipsi Point Road in Corolla is provided courtesy of Terry Cremia of Shore Realty. 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 467 Pipsi Point Road 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.


The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.

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