Shore Realty Outer Banks Home Sales

Listing Details For 501 Ocean Way in Corolla


MLS #: 101969
501 Ocean Way
Corolla, NC 27927
Asking Price: $2,375,000
Status: Active
Status Date: 9/10/2018



Listing Information

HeadlineOceanfront Dream Home
AreaCorolla Oceanside
Beds9
Full Baths8
Partial Baths1
Asking Price$2,375,000
Price Date12/9/2018
Original Asking Price$2,500,000
Price Per Square Foot$491
Days On Market91
Cumulative Days On Market91
Listing Date9/10/2018
Listing TypeExclusive Right Sell
Input Date Date9/11/2018
Update Date12/9/2018 6:37:05 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built2001
Heated Living Area4838
Air ConditoningCentral,Heat Pump
HeatingCentral,Electric,Heat Pump
AppliancesCountertop Range,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
GarageNone
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Washer Connection,First Floor Master
CountertopsGranite
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Inside Laundry Room
Floor CoveringsCarpet,Ceramic Tile,Hardwood
AppliancesCountertop Range,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
BuilderHardle
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass,Private Pool
ExteriorLap Siding,Cement Fiber Board
Sundeck ?multiple
FoundationPiling
Bedroom 1 Level3
Bedroom 1 SizeMaster
Bedroom 2 Level 2
Bedroom 3 Level 2
Bedroom 4 Level 2
Bedroom 5 Level 2
Bedroom 6 Level 2
Bedroom 7 Level 1
Bedroom 8 Level 1
Living Room Level 3
Kitchen Level 3
Dining Room Level 3
Family Room Level 2
Utility Room Level 1
Optional RoomsFoyer,Game Room,Library/Study
Optional Room 1 Level 1
Optional Room 1 SizeGame Room
Optional Room 3 Level 1
Optional Room 3 SizeBedroom 9

Lot Details & Legal Description

Address501 Ocean Way
Unit/Lot #Lot 29
SubdivisionOcean Sands
Full Subdivision NameOcean Sands
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page025
Deed Book561
Doc Timestamp10/17/2018 3:09:00 PM
Pin Number126A0000029000A
Lot Size/Dimensions100 x 300
Lot FacesE
Street Frontage100
Lot DescritionBeach Frontage,Cul-de-sac,Level,Water Frontage
View DescriptionOcean
Water Frontage100
Distance To WaterOceanfront
ZoningRes
ParkingPaved,Off Street

Property Expense & Utilities

If the seller of this property located at 501 Ocean Way 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/NVoluntary
Annual Association Fee$50
Tax Year2018
Property Taxes$7,139
Flood Insurance$2,861
Hazard Insurance$6,455
Yearly Cable Expense$575
Yearly Electrical Expense$5,258
Water SourceMunicipal
Yearly Water Expense$1,180
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameBelle of the South
Rental Cottage #644
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 Count6

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 501 Ocean Way 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

This is the home you have been waiting for! Sitting majestically high on the hill, this ocean front dream home features 9 bedrooms, 8.5 baths, three gathering areas, elevator, pool, and hot tub. The views from the many large covered and sun decks of the ocean will astound you. The landscaped yard only adds to the beauty as you approach. Vegetated oceanfront dune and a very short walk over the private walkway and your toes will be in the sand. Nothing has been overlooked here at Belle of the South. The top level features a huge living room with ample seating and the views will make you feel like you are on a ship. Take note of the beautiful oak floors with mahogany accents. The newly tiled fireplace is just what you need during the chilly nights. A 16-seat dining table overlooks the ocean and is the perfect space for entertaining. The kitchen is a dream. Two dishwashers, two microwaves, two ovens, granite counter tops, sparkling white cabinets and tiled black splash. A king master suite with jetted tub and private deck overlooking the ocean make it the perfect place to enjoy a sunrise. A ½ bath completes the top level. The mid-level features 5 master suites, two with deck access and overlooking the pool and ocean. A large den area for relaxing, reading or just a quiet space to get away is also on this level. From the den you might also choose to step onto the covered deck and watch those in the pool or just enjoy the views. The ground floor boasts 3 bedrooms and two full baths as well as another comfy space to enjoy movies or watching the inevitable billiards game. You will also find an efficiency kitchen with sink, cabinets and full size refrigerator on this level with easy access to and from the pool and hot tub which are just outside. The pool

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 501 Ocean Way in Corolla is provided courtesy of Stephanie Walker. 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 501 Ocean Way 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.




Level of Interest







Already Own OBX Property



For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)

Shore Realty of the Outer Banks Inc. - Locally Owned & Operated
252-441-3416 OR 800-647-1868

About Us | Privacy Policy | Site Map | Contact Us

©1995-2019 Shore Realty