Shore Realty Outer Banks Home Sales

Listing Details For 512 Breakers Arch in Corolla


MLS #: 100206
512 Breakers Arch
Corolla, NC 27927
Asking Price: $1,799,000
Status: Active
Status Date: 4/24/2018



Listing Information

HeadlineUnobstructed Ocean Views!!!!!!
AreaCorolla Oceanside
Beds10
Full Baths10
Partial Baths1
Asking Price$1,799,000
Price Date4/24/2018
Original Asking Price$1,799,000
Price Per Square Foot$259
Days On Market175
Cumulative Days On Market175
Listing Date4/24/2018
Listing TypeExclusive Right Sell
Input Date Date4/24/2018
Update Date10/15/2018 7:40:27 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Nags Head,Craftsman,Coastal
Year Built2012
Heated Living Area6951
Air ConditoningCentral,Heat Pump,Zoned
HeatingCentral,Forced Air,Heat Pump,Zoned
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator,Wine Cooler
GarageNone
Interior Features9' Ceilings,All Window Treatments,Beamed Ceiling(s),Cathedral Ceiling(s),Dryer Connection,Gas Connection,Ice Maker Connection,Pantry,Washer Connection,Wet Bar
CountertopsGranite
ExtrasCeiling Fan(s),Elevator,Handicap Friendly,Hot Tub,Landscaped,Lawn Sprinklers,Security System,Smoke Detector(s)
Floor CoveringsCarpet,Tile,Wood
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator,Wine Cooler
BuilderOlin Finch
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Concrete,Custom,Private Pool
ExteriorLap Siding,Wood
FoundationPiling
Optional RoomsFoyer,Game Room,Home Theater,Media Room

Lot Details & Legal Description

Address512 Breakers Arch
Unit/Lot #Lot 10
SubdivisionOcean Sands
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page346
Deed Book1169
Doc Timestamp10/15/2018 7:40:00 PM
Pin Number126A0000010000A
Tax Database ID3
Tax Property ID126A0000010000A
Lot Square Feet25000
Lot DescritionLevel
View DescriptionOcean
Distance To Water4 - lots from o
ZoningResidentia
Flood ZoneAE
ParkingPaved
RoadsPaved,Public

Property Expense & Utilities

If the seller of this property located at 512 Breakers Arch 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/NNo
Tax Year2017
Property Taxes$4,976
Water SourceMunicipal
Septic Disposal SystemNon Conventional Septic

Financial's

Rental Cottage #954
Rental Turnover DaySunday
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count4

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 512 Breakers Arch 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

Ocean Views ALL DAY LONG in an "EXTREMELY Rare" location. Closer distance to the beach access or equal to many semi-oceanfront lots in Corolla!!!!! So, really........ how many homes are truly built for their highest and best use? How many homes built over the years have had the vision and insight as to where the real estate market was going? Then look at the homes on the market and say to yourself "Even if I buy the home and renovate it, is the structure really built for its highest and best use?" I have a strong suspicion the answer 9 times out of 10 will be "No". Hitting the ceiling on land potential is the name of the game and "Coastal Dalliance" is just that. A perfectly executed home of vision and design. This is absolutely not your standard rental home floor plan. This 7000 square foot home is "Wide Open". Cannot stand the term "Open Concept" because its overused and normally not applicable? Me too! (Thank you media outlets) This home is actually a real "Open Concept" floor plan. This is an investment property that actually feels like a "Home" and not a "Hotel". "Coastal Dalliance" generates 184k annually in "advertised" income and will easily generate over 190k if prime weeks are added back into the equation. Looking for a turn key investment that doesn't need a HUGE renovation and also built for its highest and best use. Your options are extremely limited, so look no further.

Directions

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 512 Breakers Arch in Corolla is provided courtesy of Tim Lancsek of Outer Banks Consulting. 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 512 Breakers Arch 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.

Schools

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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