Listing Details For 1001 Lighthouse Drive in Corolla


MLS #: 120344
1001 Lighthouse Drive
Corolla, NC 27927
Asking Price: $5,000,000
Status: Active
Status Date: 9/14/2022



Listing Information

HeadlineWhalehead Oceanfront Beauty
AreaCorolla Oceanside
Beds11
Full Baths11
Partial Baths3
Asking Price$5,000,000
Price Date11/1/2022
Original Asking Price$6,500,000
Price Per Square Foot$909
Days On Market136
Cumulative Days On Market136
Listing Date9/14/2022
Listing TypeExclusive Right Sell
Input Date Date9/14/2022
Update Date1/19/2023 9:51:40 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan
Year Built2018
Heated Living Area5500
Air ConditoningHeat Pump
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Dishwasher
Interior Features9' Ceilings,Cathedral Ceiling(s),Dryer Connection,Gas Fireplace,Ensuite,Pantry
CountertopsGranite
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Storm Windows,Sun Deck,Tiki Bar
Floor CoveringsCarpet,Ceramic Tile,Wood Laminate
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Dishwasher
BuilderMiller Homes and Building
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeHeated,Outdoor,Private Pool
ExteriorVinyl
FoundationPiling
Optional RoomsHome Theater,Office

Lot Details & Legal Description

Address1001 Lighthouse Drive
Unit/Lot #Lot #12
SubdivisionWhalehead Club
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page646
Deed Book1406
Doc Timestamp1/13/2023 4:43:00 PM
Pin Number115A00000120006
Lot DescritionBeach Frontage
View DescriptionOcean
Distance To WaterOceanfront
ZoningSFO
Flood ZoneVE
ParkingPaved
RoadsPaved,Public

Property Expense & Utilities

If the seller of this property located at 1001 Lighthouse Drive 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
Association Fee IncludesWalkways
Tax Year2022
Property Taxes$13,647
Yearly Cable Expense$2,691
Yearly Electrical Expense$7,366
Water SourceMunicipal
Yearly Water Expense$2,276
Septic Disposal SystemPrivate Septic
Pool/Spa Expense$4,419

Financial's

Finance OptionsCash,Conventional,Jumbo Loan
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count8

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 1001 Lighthouse Drive 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

High efficacy home, well built for rentals. Rental projection on file to gross between $415,000 - $475,000. “Risen Son” has over $400,000 of gross rental income in 2022 and over $320,000 already booked for 2023 making this one of the top performing homes in Whalehead Beach! This home features 11 bedrooms, 11 full and 3 half baths. Take in the ocean views and breeze from the top deck which oversees the ocean, swimming pool, hot tub, and walkway to the beach. The top floor features elevator, fully equipped open kitchen, dining and living room. There are 3 master bedrooms with one wheel chair accessible living and bath. The midlevel has 5 master bedrooms and a den to spread out. Ground floor includes a home theater, game room with billiards, foosball and many arcade games. There is a workout room and 3 more master bedrooms along with the laundry room. All that your family can ask for in "Risen Son"

Directions

Official MLS Disclaimer


Listing Office: Coastal NC Realty Group 252-715-6007

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 1001 Lighthouse Drive in Corolla is provided courtesy of Coastal NC Realty Group 252-715-6007. 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 1001 Lighthouse Drive 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)